A Study on Cashless Economy With Special Reference To Malappuram Municipality

This study explores the cashless economy in Malappuram Municipality, focusing on residents' attitudes and the challenges they encounter with digital transactions. Through a structured survey, the research assesses the acceptance of cashless payment methods and identifies key concerns impacting their adoption. Findings reveal a growing willingness to engage in cashless transactions; however, significant barriers persist. Issues such as inefficient banking systems, unreliable internet connectivity, and security apprehensions emerged as major deterrents. Additionally, some respondents expressed a preference for traditional payment methods, citing a lack of trust in digital platforms. The study underscores the need for enhanced infrastructure and education to address these challenges and foster a more inclusive cashless economy. By understanding local attitudes and obstacles, stakeholders can develop strategies to promote effective digital payment solutions that meet the needs of the community, ultimately contributing to a smoother transition toward a cashless society in Malappuram.