Trends in digital payments system in India-A Study on Google pay, PhonePe and Paytm
Priyanka Godugu
, Dr.C.Mallesha
Abstract— The purpose of this study is to identify the present trend towards the adoption of digital payment in India and also to identify the reason for adoption of digital payment by people in India, also to find out the problems faced by people in making digital payments. The digital payments began in the 1990’s but the government of India encouraged digital payments after the announcement of demonetisation on 8th November 2016.Before this date there was less in number who used the digital payments and few did not use though they know due to lack of trust in the online transactions security and few others doesn’t even know that there is one like this existed. It’s main purpose is to reduce black money and corruption in India. By tremendous growth in use of internet, mobile phone in India and also government initiative such as digital India is the main reason in the growth of digital payment.
"Trends in digital payments system in India-A Study on Google pay, PhonePe and Paytm", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.6, Issue 2, page no.283 - 287, February-2021, Available :https://ijsdr.org/papers/IJSDR2102041.pdf
Volume 6
Issue 2,
February-2021
Pages : 283 - 287
Paper Reg. ID: IJSDR_192933
Published Paper Id: IJSDR2102041
Downloads: 000347748
Research Area: Management
Country: Hyderabad, Telangana, India
ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJSDR(IJ Publication) Janvi Wave
