“Digital transactions are increasing day by day but on the same pace cybercrimes are also increasing and moreover people are lacking digital financial literacy”, Throw the light on the statement?
“70% of transactions in India are performed through cash as most of the daily purchases are done through cash only without any payment gateway and technology with majority of the population is still underbanked. So, this is the need of some system that facilitates the electronic payment system that caters to the population which remains excluded from the banking sector. The electronic payment system also is the need of the hour today as it helps in removing the black money from the
Q.“Digital transactions are increasing day by day but on the same pace cybercrimes are also increasing and moreover people are lacking digital financial literacy”, Throw the light on the statement?
Step by step
Solved in 2 steps with 1 images
