Here Are 10 Easy Ways To Go For Cashless Transactions Post Demonetisation

With the Modi government demonetising old Rs 500 & Rs 1000 banknotes, more people are being compelled to move towards cashless transactions. So, how does one go cashless? Here are 5 easy ways to consider:
1. Net banking: It allows you to use your banking services from any place across the country. All you need is an internet connection, a username and a password to log in to your net banking website and you are ready to transact.
2. Credit Card: Credit card saves your time as there is no need to go to banks or ATMs. You only need to swipe your card through a machine which shopkeepers and grocery stores normally keep these days.
3. Debit Cards: They are just like credit cards, without the ‘credit’ element. As soon as the cash is taken out from an ATM machine, by swiping your card, the amount gets deducted from your bank account.
4. Gift/Forex Cards: These are prepaid cards which have certain cash limit assigned to them. These are readily accepted cards and can be used anywhere to shop and also purchase goods online.
5. Digital Wallets: It is a mobile based application which can be downloaded from any app store and can be accessed through your mobile phone. The only thing you need to do is to reload your wallet eacy time by transferring money into it through your bank account.

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