Authors :
Samanvitha P. Belvad
Volume/Issue :
Volume 7 - 2022, Issue 10 - October
Google Scholar :
https://bit.ly/3IIfn9N
Scribd :
https://bit.ly/3VTKGGz
DOI :
https://doi.org/10.5281/zenodo.7226930
Abstract :
The covid-19 pandemic was a key factor in
India shifting towards a cashless economy. Due to the
requirement of a contactless method of money transfer,
mobile based payment apps emerged as the preferred
means for monetary transactions. Using a quantitative
survey of 200 people in the city of Bangalore, this
research study aims to examine and analyse the
prevalence of mobile payment systems in the Indian
economy. This study also aims to understand the reasons
for the prominence of the aforementioned apps and
analyse the mobile payment apps that are most widely
used.
Keywords :
Cashless economy, Digital payments, Mobile based payment.
The covid-19 pandemic was a key factor in
India shifting towards a cashless economy. Due to the
requirement of a contactless method of money transfer,
mobile based payment apps emerged as the preferred
means for monetary transactions. Using a quantitative
survey of 200 people in the city of Bangalore, this
research study aims to examine and analyse the
prevalence of mobile payment systems in the Indian
economy. This study also aims to understand the reasons
for the prominence of the aforementioned apps and
analyse the mobile payment apps that are most widely
used.
Keywords :
Cashless economy, Digital payments, Mobile based payment.
