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Original Research

A STUDY ON OPINION AND ADOPTION LEVEL OF THE CONSUMER TOWARDS ONLINE MONEY TRANSACTONS

Dr. G. VENKATESH

Vol 18, No 01 ( 2023 )   |  DOI: 10.17605/OSF.IO/BYU92   |   Author Affiliation: Assistant Professor, Department of Commerce, SRM Institute of Science & Technology Vadapalani Campus, Chennai.   |   Licensing: CC 4.0   |   Pg no: 245-252   |   Published on: 09-01-2023

Abstract

The Banking quarter has passed through drastic adjustments in its running device with inside the beyond decade because of the extrade in technological innovativeness. Both public and personal quarter banks have effected adjustments of their offerings to preserve them restructured on this aggressive surroundings. After demonetization the banking offerings are made extra viable to the clients with the resource of cellular banking applications. After an exhaustive literature overview the observe on consumer belief in virtual wallets were undertaken. Design: The components of the observe is descriptive in nature. First-hand facts has been gathered from a random pattern of one hundred respondents via a dependent questionnaire and the attributes are measured with statistical tools. Findings: The customers had been extra glad in Google pay (Gpay) cellular banking software to switch finances from one financial institution account to any other financial institution account.


Keywords

Digital wallets, DPS (Digital payment system), Internet, IMPS, RTGS and NEFT.