The payment in terms of electronic media is increased from last few years and it has created good awareness among the citizens and it has solved many issues related with handling cash and transport of cash form one place to another. The cash was the main way to perform financial transactions in society for long period. The medium through which we purchase goods, services is in the form of Government approved currency. The main aim of this paper is to study effect of e-payment transactions and how we can create the awareness among people to use debit card, credit card and online payment mode to perform maximum transaction. The Use of debit, credit cards is not more in rural area due to unavailability of banking facility and ATM machines still are not enough to meet the requirements of the rural population. The Cashless transactions will save operations cost in Banks and also save the time of the users. It will directly have positive effect on Economy. Following are the measures government should take to motivate large population of any country to use the various cards and Internet to perform financial transactions. Awareness, Infrastructure building, Banks Outlets, large number of Installations of ATMs, Point of sale Machines and reliable and most economical access to Internet is must.