In present situation we are facing global issue- COVID-19. We have forgotten that the corona virus can be spread through contaminated currency notes.
Currency notes are highly targeted to people’s health and are the easiest carrier of infection diseases. The study revealed that at the room temperature the coronavirus can live 4 to 5 days on paper. The virus on metal and plastic surface can be sanitized with disinfectants, but it’s not possible to sanitize the papers with any disinfectants.
People scared about the infection of viruses. But most of them are still using transactions through currency. In this current scenario transaction in cash is not safe because may the currency note which we have been used are contaminated. The use of paper currency is the dreaded carrier for different viruses and rapid change of hands between two strangers causes infection and thus endangers health.
We cannot guess where notes are been circulated from. So, cash transaction is very risky in such cases. If we go cashless transaction then it is very safest transaction. COVID-19 is spreading to a large extent in every nation. So the government has restricted social gathering because social meeting up spreads virus. In all such serious cases cashless transaction helps us a lot.
The government has instructed people go for digital payment instead of using currency notes, but still some people are stepping back to use mobile payment application.
The major reason which is taking people away from using mobile payment application is network fluctuation. In current situation peoples are working from home, and they are using mobile data. Because of that internet connection becomes slow and sometimes servers don’t work properly. Fluctuation in internet connection fails the mobile payment transaction. If any user want to make digital payments to merchants or anyone else, user must access to Internet connection because the available transactions are based on internet connections.