INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
In the recent years, Internet banking and its services has gained lot of popularity because of increase in bank accounts and banking transactions. Internet banking is a banking service that allows customers to perform financial transactions on their bank accounts from their computers and smart phones with internet connections to bank’s websites. Therefore, the users should be more careful in using Internet Banking since it involves financial transactions. Security issues, measures to reduce the security risks and the security features provided by the banks using Internet Banking are discussed extensively.
On November 8th 2016, the honorable Prime Minister of India announced the demonetization of Rs 500 and Rs 1000 denomination currency notes which accounted for 80% of currency in circulation. The effect of demonetization was such that most of the ATM’s went dry which forced the customers to make digital payments with the help of Internet Banking there by contributing to cashless economy.
According to a report published by NITI Aayog, there has been an increase in the use of Internet Banking to the extent of 271% in the very first month of demonetization. The number of Digital payments has also increased to 63 lakhs from 17 lakhs.
Keywords:
Digital Payments, Risks, Security features, Consumer behaviour.
Cite Article:
"A Study on Consumer Behaviour towards Digital Payments in Mysore City", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 1, page no.d51-d58, January-2023, Available :http://www.ijnrd.org/papers/IJNRD2301308.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 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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