THE PROBLEMS OF CASHLESS TRANSACTION AMONG THE PROFESSIONALS IN KANYAKUMARI DISTRICT

Abstract

            The purpose of this study was to examine the problems in cashless transactions among the professionals. The main objectives of the study were to know about the different modes and reason for using cashless transactions. The researcher has been used simple random sampling from the Kanyakumari district and sampling size is 120 respondents. Both primary and secondary data are used in this study. Percentage analysis, T-test, Weighted Average Method and Chi-square test are used in this study.   The major findings are exposed that the cashless transaction services table found that 65% of the professionals are using e-wallet services and 50% of the professionals are using daily transactions. In this study recommended that awareness to people about credit only program identified with execution of credit only exchanges and expanding the credit only exchange in India. At long last this review infers that a significant development of money less exchanges has been the instigation to advanced economy.  India can't totally turn into a credit only economy considering its high extent of computerized ignorance and money exchange yet Indian government is pursuing expanding the portion of credit only changes which is something beneficial for any economy. Yet, these strategies have such countless issues, for example, network issue, lack of education, security issues, digital protection, web cost, telephone battery and so on Government should find great ways to work on the credit only exchange, Such as expanding mindfulness programs, increment motivating force programs.