IMPACT OF CASHLESS ECONOMY AND DIGITALIZATION ON SMALL VENDORS IN BANGALORE

This research study aims to examine the impact of the cashless economy and digitalization on small vendors in Bangalore, India. It will explore the challenges faced by small vendors in adapting to digital payment systems, the benefits they derive from embracing digitalization, and the overall impact on their business operations and financial well-being. Primary data will be collected through surveys and interviews conducted with small vendors in various marketplaces and localities in Bangalore. The findings of this research study will contribute to a better understanding of the implications of the cashless economy and digitalization on the livelihoods of small vendors and provide insights for policymakers and stakeholders to develop appropriate interventions and support mechanisms. This study intends to examine how small vendors in Bangalore, India, are affected by the shift to a cashless society and digitalization. It's critical to comprehend how changes brought on by the advent of digital payment systems and the widespread adoption of technology will impact small vendors who rely significantly on cash sales for their lives and enterprises. The study will evaluate the difficulties small vendors have implementing digital payment systems, consider the advantages and disadvantages of digitalization for their companies, and offer suggestions to help them move towards a cashless society