JIMS8M The Journal of Indian Management & Strategy
Web of Science
  • Year: 2021
  • Volume: 26
  • Issue: 4

Cashless economy: A paradigm shift

1Assistant Professor, Mata Sundri College for Women, University of Delhi, Delhi

2Research Scholar, Mata Sundri College for Women, University of Delhi, Delhi

3Research Scholar, Mata Sundri College for Women, University of Delhi, Delhi

4Assistant Professor, Arya P.G. College, Kurukshetra University, Kurukshetra

Online published on 11 March, 2022.

Abstract

Purpose: The purpose of this research paper is to provide an understanding of the beliefs of people reckoning the cashless transactions.

Design/Methodology/Approach: The analysis is done using the Chi-Square Goodness of fit test.

Findings: People are reluctant towards shifting to a completely cashless economy because of increasing hacker activities, rising privacy concerns, etc.

Originality/value: This study has been able to provide a clear scenario of people's thought process regarding cashless economy.

Keywords

Cashless Economy, Demonetization, Digitalization, Financial Transactions, Digital Technologies