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    Dipesh Niraula
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    The document discusses the trend towards a cashless economy, where transactions are done digitally rather than with physical currency. It notes that technology is surpassing currency traditions. It then provides an overview of the pros and cons of a cashless economy, such as fewer currency notes in circulation but also the need for high-speed connectivity. The document asks if Nepal can go cashless and notes both the possibilities, such as progress in technology, and the difficulties, such as a lack of digital literacy. It concludes by arguing that Nepal should take steps to go cashless to save money and develop more efficiently.

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    The document discusses the trend towards a cashless economy, where transactions are done digitally rather than with physical currency. It notes that technology is surpassing currency traditions. It then provides an overview of the pros and cons of a cashless economy, such as fewer currency notes in circulation but also the need for high-speed connectivity. The document asks if Nepal can go cashless and notes both the possibilities, such as progress in technology, and the difficulties, such as a lack of digital literacy. It concludes by arguing that Nepal should take steps to go cashless to save money and develop more efficiently.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    333 views10 pages

    Cashless Economy Presentation

    Uploaded by

    Dipesh Niraula
    The document discusses the trend towards a cashless economy, where transactions are done digitally rather than with physical currency. It notes that technology is surpassing currency traditions. It then provides an overview of the pros and cons of a cashless economy, such as fewer currency notes in circulation but also the need for high-speed connectivity. The document asks if Nepal can go cashless and notes both the possibilities, such as progress in technology, and the difficulties, such as a lack of digital literacy. It concludes by arguing that Nepal should take steps to go cashless to save money and develop more efficiently.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 10

    FABRIKAM

    INTRODUCTIO
    N
    Cashless Economy stands for one in which all transactional
    activities are done using cards or digital gadgets.

    The circulation of physical currency is minimal.

    Technology surpasses currency tradition.

    FABRIKAM 2
    Cashless
    Transactions
    In
    Increasing
    CHART TITLE GOES HERE
    Trend

    FABRIKAM 3
    FABRIKAM 4
    OVERVIEW ON PROS AND CONS
    of

    CASHLESS ECONOMY
    In these cashless times, it is imperative that everyone have an understanding of what a cashless economy is and what its pros and cons are. In this article, we will list
    down the pros and cons of this cashless economy.

    PROS CONS

    Fewer Currency Notes in Circulation. Need of awareness and Education.

    Saving of currency printing cost.


    High-Speed Connectivity is required.

    Reduced Tax Avoidance.


    Loss of freedom.
    Systematic and transparent
    transaction.
    Extending Credit to Unworthy.
    Discard unauthentic Commission.

    FABRIKAM 5
    FABRIKAM 6
    Can NEPAL go CASHLESS??
    Current Status Possibilities Difficulties Result
    Extra amount of Commission Still a lot to improve in
    Progress in technological field Systematic Receipt and Payment
    almost everywhere. technological advancement

    Huge mass awareness program Remarkable Leap in sector of


    Loot & Robbery “a common news” People getting aware gradually
    should be launched technology

    Complete renewal of receipt and


    Extreme Corruption Need of transparency No Tax Invasion
    payment system

    Requirement of very high-speed


    Black Economy Aspiring Government No Black Economy
    connectivity
    Expenses of Printing Notes reduces
    “Economic Prosperity”, the major
    Tax Invasion Unwilling Consumers and will have alternative
    agenda
    developmental utilization

    Tangled economic system Majority in reach of technology Security and Privacy Concerns Transparency in economy

    Developing systematic market


    No transparency at all Digital Literacy No Robbery and Loot
    system

    Availed Modern and innovative


    Very Few Digital Payment Mindset of keeping and saving cash Easy and Convenient
    gadgets, system.

    FABRIKAM 7
    Large Picture Slide

    NEPAL ’s
    SOME DIGITAL MEDIA

    FABRIKAM
    What I opine?

    The World is leaving no stones unturned on its way to


    development encompassing every nooks possible. If we
    see the payment system; it is a self developing
    phenomena; Bartering, Coins, Cash and now the time
    has come for digitalization. India declared
    demonetization on 8th November 2017, developing
    country like Vietnam has claimed to go cent percent
    cashless from year 2020 then why not Nepal? Not only
    esewa,Khalti and ipay we must make effort and add
    wallet, Pocket, Khutrukke, Thaili and many more to save
    millions wasted in printing currency. Lets take a step
    forward in way to success by going cashless rather than
    complaining government.

    “JAY CHANDRA SURYA, JAY NEPAL”

    FABRIKAM 9
    THANK YOU
    priyankathapa74
    @gmail.com

    P R I YA N K A T H A PA

    +977 9841936459

    FABRIKAM

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