Question

Should we use plastic cards only and exclude cash? essay

Answer 1

Plastic money is very easy to carry and can be kept safe properly with a little less protection. But it is not possible to go for 100% cashless transaction because every vendor in our country is not educated also. Even if they are, they have no access to internet or lack knowledge about digital money and payment methods. Vendors like street vendors, fruit and vegetable sellers, rickshawwallas, bus conductors, retail shops, newspaper sellers, domestc helpers, milkmen,washermen, etc. do not have access to all the digital modes of payments. They are either illiterate or they don't trust this platform. So, it will be difficult to carry on these daily activities in cashless manner.