Prerequisites for cashless policy

Yakub02

Banned
Cashless policy as being exaggerated or exacerbated by developing countries of this world is calling for concern

The government of these countries do not understand that they are killing business, business ideas and funding of a business.

How on earth will you say you say you want to copy the developed world where as you have not done up to five percent of what those developed countries have achieved.

Ililteracy. The high rate of illiteracy in the underdeveloped countries is very alarming.. Three is need for government to firstly tackle the illiteracy level among citizen. This low level of education is affecting the opening of bank account and accepting all cashless apparatus. These low level education or non educated people do not see any advantage in this Banking or cashless activities. The government are expected to create awareness and training ti this set of people so thay they will get attached to the process.

Energy supply. For any country to survive in the cashless policy implementation, there should be adequate power supply firm the energy sector. All gadgets of cashless and bank transfer are operating based on charging, talk of phones, POS Machine etc. In as much we are still having epileptic power supply in this part if this country, the dream of reliable cashless policy will not only be exercise in futility but an exercise of outright imbecility .
 
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