Digital Payment in India Trend and Structural changes after demonetisation
Publication details: Mumbai Indian Institute of Finance 2022Description: sept 2022 Pg. 953-970Subject(s): In: Finance IndiaSummary: Significant developments have been made towards a digital payment system since the 1960's yet more than 85 percent retail transactions in the world are held in cash. Higher Cash to GDP Ratio and higher cost of cash to GDP Ratio and Higher Cost of Cash along with exponential l growth in online business transactions, forced countries around the world towards digital payment system.In india the government has taken various steps to promote Digital payments. The study observed that Digital Transactions have registered a high growth in last 13 years.| Item type | Current library | Status | Barcode | |
|---|---|---|---|---|
| Article | St. Francis Institute of Management and Research | Available | AR1042 |
Significant developments have been made towards a digital payment system since the 1960's yet more than 85 percent retail transactions in the world are held in cash. Higher Cash to GDP Ratio and higher cost of cash to GDP Ratio and Higher Cost of Cash along with exponential l growth in online business transactions, forced countries around the world towards digital payment system.In india the government has taken various steps to promote Digital payments. The study observed that Digital Transactions have registered a high growth in last 13 years.
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