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International Journal for Research Trends and Innovation
International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2456-3315 | Impact factor: 8.14 | ESTD Year: 2016
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Impact Factor : 8.14
Issue per Year : 12
Volume Published : 10
Issue Published : 113
Article Submitted : 18006
Article Published : 7746
Total Authors : 20484
Total Reviewer : 747
Total Countries : 140
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| Paper Title: | Digital Payment System In The Times of COVID-19: A Journey Towards `Less-Cash` Economy During Pandemic |
| Authors Name: | Shanu Srivastava , V Shunmugasundaram |
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IJRTI_184583
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| Published Paper Id: | IJRTI2211052 |
| Published In: | Volume 7 Issue 11, November-2022 |
| DOI: | |
| Abstract: | A COVID-19 crisis was one of the biggest threats for the entire nation as well as for the whole financial sector. But at the same time, it creates the potential to accelerate the world's transition towards digital payment system. Coronavirus is the great accelerator for boosting the corny worldwide trend towards adoption of digital payment methods, steering the cashless transactions and converting India into less-cash economy. Therefore, this paper focuses on studying the importance of digital payment method during and post COVID-19 pandemic and discusses different modes of digital payment system. Further, it analyses the growth of digital payments in last 3 years, which is the COVID era. The findings of the study reveals that the social distancing is the best preventive measure to protect each other from the spread of deadly virus and digital payments helped us to maintain social distancing while making digital transactions. However, it is critical for the digital payment ecosystem to grow quickly and assist to design the post COVID future in order to boost recovery & lead the transition into this new normal. So, it is suggested to provide proper digital payment infrastructure, education & awareness programs to users and also ensure their digital security & privacy for expanding digital payment system usage. |
| Keywords: | Cashless Transaction, C0VID-19, Digital Payments, Social Distancing, Technological Innovation, Financial Technology. |
| Cite Article: | "Digital Payment System In The Times of COVID-19: A Journey Towards `Less-Cash` Economy During Pandemic", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.7, Issue 11, page no.356 - 363, November-2022, Available :http://www.ijrti.org/papers/IJRTI2211052.pdf |
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| ISSN: |
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID: IJRTI2211052
Registration ID:184583
Published In: Volume 7 Issue 11, November-2022
DOI (Digital Object Identifier):
Page No: 356 - 363 Country: Varanasi, Uttar Pradesh, India Research Area: Commerce Publisher : IJ Publication Published Paper URL : https://www.ijrti.org/viewpaperforall?paper=IJRTI2211052 Published Paper PDF: https://www.ijrti.org/papers/IJRTI2211052 |
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED,
Journal Starting Year (ESTD) : 2016
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