Effective and efficient functioning of the cashless policy in Nigeria and indeed elsewhere requires that the operators should not only be functionally literate, but have the ability to operate and understand internet and computer languages. The rural dwellers in Nigeria seem to lack all that is needed to operate the cashless policy. The population of the rural population is predominantly non literate. This no doubt exposes rural dwellers to fraudsters who capitalize on the literacy challenges to defraud them. The paper is a theoretical paper. It draws its theoretical strength from Broken window theory and Routine Activity theory. The paper argued that the implementation of the cashless policy is in the urban centres hence the rural areas lack the needed infrastructures. This again exposes them to fraudsters. The paper further argued that the rural areas hosts greater number of the Nigeria population, implying that greater number of the population are yet to be integrated in the cashless policy. The paper recommended that Government should as a matter of urgency bring development to the rural areas   particularly power supply. Again, banks should be deploying their direct staff to handle the instruments for cashless policy.