Question

be
s what can the alternative mode of
payment in place of cash money?
nihoito
Demand​

Answer 1

Answer:

Cheques and Demand Deposits can be good source of alternatives in place of cash in the mode of payments. It is because they are easy to do so and there is an absence of carrying materials like coins, currency. There can also be other replacements like Credit cards, Debit cards, E-Banking and so.

thank you,hope it helps you.

by- R.pravallika.

Answer 2

Answer:

the most common alternative payments methods are debit card charge cards, prepaid cards , direct debit , bank transfers, digital wallets phone and mobile payments , checks , money orders and cash payments