ABSTRACT
In the global world, a cashless economy has an important role in business transactions. Nowadays middle to upper-class people are using the cashless transaction that improves their money transactions by the way of the immediate online payment system. It helps to ease the export/import business transactions. The purpose of this study is to expose the strengths and weaknesses of a cashless economy, as well as the limitations of a cash-based economy. The emerging trends of cashless transactions have also been discussed.
Keywords: Cashless economy, emerging trends, SWOT Analysis, Virtual money.
Received : 9th January 2019
Accepted : 30th January 2019
Published : 13th February 2019
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