Abstract: Financial Services that embrace technology are the need of the hour. Digital Financial Services in today’s scenario. It is realized by people that use of digital currency is a must to take the advantage of convenience and ease in handling digital currency. The study aims in arriving the acceptance of digital version which is in circulation. The study emphasizes the technicalities which are involved in operating the digital version of cash handling. The research also aims in creating awareness among non-users of digital financing services. The reasons for the non- usage are identified in this study and actions will be taken to improve the same. The study will scrutinize the economic developments and impacts due to the increased usage of digital financing services. The work also explores on how printing of currencies will be minimized by the use of digital currency.

The research concludes on how,

(i)            The relationship between bankers and customers are maintained.

(ii)           How the usage of paper currency circulation is minimized.

(iii)          How the physical cash handling behaviour is reduced.

(iv)          Whether the economy shows an increasing or decreasing graph by the usage of digital financial services.

(v)           How the Digital Financial Services played a role during the pandemic