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Friday, January 22, 2021

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Paper currency gradually replaced by digital ones

                                      By a Staff Reporter


Berhampore, 8th Nov.: Post-pandemic situation forces the whole world especially third world countries like India to replace paper currency by digital ones.

                                    Technologies are developing so rapidly that people opt for cashless transaction, though sometimes risky, in place of using paper currency. At present there are numerous ways of transaction application, mostly provided by smart phone technology and internet facility. Moreover, almost all the banks even post offices, stores etc have introduced mobile banking system or payment application to lessen the rush of their customers or consumers. This digital payment system helps us for paying any bills, recharges or any other payment to some institutions or persons from our home. It is turning so easy day by day that almost everyone can use this facility. But it is also true that in third world countries like ours have the bulk of illiteracy and find some difficulties. In spite of this, we can cordially welcome digital mode of transactions.


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