Business Studies, asked by daljeet97806, 15 days ago

Why there was need to introduce cashless money?​

Answers

Answered by anushree92004
6

Answer:

Easier consumer budgeting. As digital payments are made, transactions are kept in records. Cashless payments facilitate the tracking of spending expenditure and record the movement of money. Having recorded transactions, it can help citizens to refine their budget more efficiently.

Answered by 13154711
8

Answer:

Good morning dear have a

fantastic day a head and always be happy

keep smile on your face .

Explanation:

Cashless payments eliminate several business risks at a time such as theft of cash by employees, counterfeit money, and robbery of cash. Moreover, it also reduces costs of security, withdrawing cash from bank, transporting, and counting

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