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Cashless economy and demonetization

  • This thesis will examine the impact of cashless payments on E-commerce industry in India. In November 2016 Indian government banned the use of 500 INR (Indian rupee note) and 1000 INR note. Since November 2016 Indian government is encouraging cashless transaction or digital payments. There are several modes of online payments. This study will put some light on the basics and facts to understand what demonetization is and on how it increases popularity of cashless payments, the benefits, and challenges it imposes. In the end this study answers the question that if digital transactions will keep growing in India and it effects on e-commerce industry

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Author:Vikramjeet Singh
Advisor:Daniel Cerquera
Document Type:Bachelor Thesis
Year of Completion:2023
Granting Institution:Hochschule Furtwangen
Date of final exam:2023/08/07
Release Date:2023/08/07
Tag:Cashless economy; E-commerce industry; India
Page Number:46
Degree Program:IBM - International Business Management
Functional area:Economics
Licence (German):License LogoUrheberrechtlich gesch├╝tzt