The continued spread of COVID-19 has emerged as one of the most serious risks to financial markets and the global economy. Several measures are being taken by countries around the world, including those in India to contain the impact of an outbreak of the corona virus. The accompanying economic chaos is massive, and firms of all sizes will see a significant drop-in activity in the immediate term. Cashless banking transactions are explained in this paper. An overview of Cashless Banking and related transactions will be given to the researcher in this course. One of the most crucial tools we have to meet our goals and requirements is money. In order to purchase goods and services, governments issue various kinds of currencies, which are then traded for goods and services. Recently, India's public has been more interested in the pros and cons of a "cashless" economy. Digital payments and online payment sites are examined in this research, as well as the difficulties encountered by respondents when making an online payment.

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Keywords: Covid-19, Cashless Transaction, Locked Down, Cashless Banking Transactions.