Question

Technique used in cashless transaction and awareness in it​

Answer 1

Answer:

The technique used in cashless transaction is termed as digital payment or cashless payment. In recent days this type of payment is most famous and trending because its very dangerous in todays date to carry a huge amount of cash in pockets and thefts occurs very easily.

All such cashless transactions are performed online. Examples are Phone Pe , Google Pay , Paytm  etc.

However, people should be aware of the dangers associated with it because there are a lot of  hackers trying to hack the website of the banks which leads to withdrawal of money without the customer's consent and there are many fake websites which hacks profiles. So each and everyone must be aware of these fact.