Volume : 3 Issue : 3
The Emergence of Cashless Societies and Its Psychological Implications
Sharanyaa Aggarwal
ABSTRACT
The aim of this study is to use qualitative secondary research by analysing peer-reviewed journals, surveys, statistical databases and secondary behavioural reports to assess and identify developments and adoption of cashless payment methods in societies. It also includes the benefits, negative aspects, delving into the BNPL schemes, and psychological drivers revolving around such a banking system. A delve into the UAE is additionally studied, being an ideal example of a stable developed technological-driven economy.
