Indian economy has witness third time demonetization process in year nov. 2006. Ever after demonetization the consequences have been studied and one of the major consequences is of cash less transaction. It was not that cash less transaction was not there in India but no real specific need was felt earlier. The demonetization has urged the need of cashless transaction. But still many people believe that cashless transaction is not possible in India. In this research researcher has tried to examine what the real reasons are for slow growth of cash less transaction popularly known as digital economy and what step can be done in order to improve cash less transaction number.