Cashless Transaction-for which things you are able to do and which things you are not able to do?Government has forced people to carry cashless transactions by all means at faster pace. Immediately after demonetization there is a lot of talk and discussions in public, media, government and politicians about cashless regime. As no cash is available for common man during this grave period people started using debit and credit cards everywhere to overcome the physical money. Media also published use of debit and credit cards was increased by 200-300% during that time. But as cash position became normal, people started using physical money again and cashless transactions became very much reduced according to the reports. My questions to the members is what what things you are able to do without physical money and what things you are not able to do without physical money?
As a first response to this I am able to do cashless transactions to pay my landline phone bill, electricity bill, recharging mobile, reservation of train and bus tickets, buying things in shopping maals, corporate shops etc. But I find cash is necessary for buying milk, paying salary for housemaid servants, buying things in kirana shops, paying for tailor, Saloon shop, vegetable vendors, paper bill, gas bill, auto charges, dhobi's, government and private city buses, hotels etc. What is your experience with cashless transactions after demonetization?