DIGITAL WALLET SCENARIO IN INDIA: A STUDY ON CUSTOMERS' SATISFACTION
Digital wallet, Cashless transaction, Technology.
In today’s fast-moving lifestyle people need to adopt more convenient and secure gadgets to make their life more comfortable. To achieve this goal, there is an innovative application called Digital Wallet. The digital wallet refers to an electronic device or service provided to persons enabling them to conduct electronic transactions. It is also known as e-wallet. Virtual cash or Cashless Transaction is an upcoming technology that has seen a tremendous growth in the past year. Cashless payments are now becoming a popular trend in almost every field. Demonetization has forced a lot of places to accept digital payments. Use of e-wallets helps in moving away from cash based economy. In the process, all the transactions get accounted in the economy, which has the effect of reducing the size of the parallel economy. The presence of mobile wallet spreading from urban to rural areas on a large scale. Hence, wallet money sees a high bright future in near time. It is concluded that India's digital payments industry will grow to more than 300% of its current size by 2025. The growth arc of digital payments is impressive, especially considering India's previously large unbanked population.
"DIGITAL WALLET SCENARIO IN INDIA: A STUDY ON CUSTOMERS' SATISFACTION", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.8, Issue 3, page no.b459-b467, March-2023, Available :https://ijnrd.org/papers/IJNRD2303154.pdf
Volume 8
Issue 3,
March-2023
Pages : b459-b467
Paper Reg. ID: IJNRD_188621
Published Paper Id: IJNRD2303154
Downloads: 000118872
Research Area: Commerce
Country: Erode, Tamilnadu, India
ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJNRD (IJ Publication) Janvi Wave