Appraisal of the Impact of e-Banking and Cashless Society in the Nigerian Economy

The article appraises the impact of the e-banking and cashless society in the Nigeria economy. The study explores various aspects of the e-banking and cashless economy using banking sector of the Nigerian Economy as a focal point. Specifically, the paper articulates empirical opinions which highlights possible ways of these policy measures have direct links to the beneficiaries and the weighted outcomes when divergent is noticed and how to bring back the soundness, sustainable and rebranding policy that ensures economic growth. The paper holds that for a sustainable cashless society to emerge all hands must be on desk, banks should d-emphasize all odds and ensure that efficiencies of e-banking mechanisms are of utmost priority. It therefore recommends that adequate plan should be in place to sensitize the general public about the effects and lay down procedures to check possible drawbacks. It however, concludes by imploring all avenues and reports that relevant agency, service providers, operators and those who have direct access to information to advocate as timely as when necessary about the implicit needs and benefits behind the cashless economy.