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Mangalmay Journal of Management & Technology
Year : 2019, Volume : 8, Issue : 2
First page : ( 14) Last page : ( 19)
Print ISSN : 0973-7251. Online ISSN : 2230-729X.

A study of consumer perception on Digital payment system in India

Dr. Agrawal Richa

Assistant Professor, IIHS

Online published on 18 April, 2020.

Abstract

The demonetization resulted in tremendous growth in digital payments. With the government initiative like Digital India and redoubled use of mobile and internet area unit suggests that to exponential growth in use of digital payment. This transformation towards digital payments edges in additional transparency in transactions that empowers the country's economy. In recent days several changes befell within the payment system like digital wallets, UPI and BHIM apps for swish shift to digital payments. The target of this analysis paper is to review the positive impact that conversion of payment system. The current paper focuses on the analysis of the adoption level of those digital payment systems by customers. Primary knowledge was collected from 200 respondents in Hyderabad. The collected knowledge through the form was analyzed statistically by mistreatment chi-square technique.

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Keywords

Digital payments, demonetization, E-Payments, online payments.

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