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About An Overview On Digital Payments 4
This document provides an overview of digital payments in India. It discusses how digital payment methods like mobile banking, e-wallets, UPI, etc. are increasing in India due to factors like demonetization, increasing smartphone usage, and digital literacy initiatives by the government. The key statistics mentioned are that mobile banking transactions increased from Rs. 60 billion in 2012-13 to Rs. 4018 billion in 2015-16. The objectives of the study are to explore different digital payment modes and gauge the extent of online transactions through these modes. It also discusses some challenges around digital payment adoption in India like lack of awareness and perceived high transaction costs.
Detailed Information
| Author: | ['DS Debasis'] |
|---|---|
| Publication Year: | 2020 |
| Pages: | 12 |
| Language: | English |
| Format: | |
| Price: | FREE |
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