International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Fully Refereed | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064


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Research Paper | Business Management | India | Volume 12 Issue 7, July 2023


A Study of Cashless Transactions in Indian Economy: A Systematic Literature Review

Dr. Aditi Sharma [2]


Abstract: This study explores the evolution, benefits, and challenges of cashless transactions in India, aiming to understand the prospects of a cashless society. Using a systematic literature review, the study reveals that cashless transactions offer advantages such as faster transactions, reduced costs, and decreased chances of fraud. However, the transition to a cashless society requires overcoming certain challenges, including corruption and the need for traceability in financial transactions.


Keywords: cashless transactions, systematic literature review, cashless society, corruption


Edition: Volume 12 Issue 7, July 2023,


Pages: 1023 - 1026


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