From Cash to Digital: How The Cashless Economy Influences Small-Scale Businesses

Author Name : Yogesh Agarwal, Yazid Gafoor

ABSTRACT This study focuses on the shift from a cash economy to a cashless economy (such as digital transactions) and its impacts on small-scale businesses. (Impacts like transaction speed, security, accessibility, and convenience). All factors affecting the ongoing trend in digital payment methods. This shift from a cash to a cashless economy was successful due to various factors, including governmental policies, advancements in financial technology, and shifting consumer preferences, making the cashless economy an essential driver of economic activity.