Economy, asked by lavanyalavanya8250, 1 year ago

Write four mediums of cashless transactions.

Answers

Answered by KeshavGiri79

Answer:

The RBI classifies every mode of cashless fund transfer or transaction using cards or mobile phones as 'prepaid payment instrument'. These can be issued as smart cards, magnetic stripe cards, Net accounts, Net wallets, mobile accounts, mobile wallets or paper vouchers.

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