The importance of cash to human beings is comparable to that of basic goods. Without money, it is impossible for a human person to continue living. A cashless economy is a mixed economy system in which there a little is or exhausted outflow of currency in the society. Cashless economies are also known as digital economies. The escorting of commodities and the processing of payments through electronic means. It could consist of (internet banking, mobile banking, debit and credit card and digital wallet etc.) the economy will benefit from more openness and accountability if transactions are conducted digitally. In this article, we will concentrate on the topic of opportunities and difficulties in the Pali region. The scheme that is being implemented to make India cashless is called Digital India.
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Keywords: Cash, Cashless Economy, Transparency, Accountability, Challenges.