Systematised transaction - The digital information technology has its own quality as in a cashless economy the payments are made through an electrical form which makes it safe and reliable. You carry a truckload of responsibility when you are in public transport, with a huge amount of cash in your pocket and the risks of getting robbed are not rare nowadays. Hence when it becomes more systematised, the risks related to security become lower. It has also been found that people get to acquire things in a cheaper and faster way, propping it up by making it easier to track the taxation record. And the records will as well help you gauge your spending paradigm. Often when the payment by cash is made hastily, it leads to a lot of mishaps. With the cashless transaction, you get to pay the exact amount without having to worry about any adversity.