A Study of Usage Level of Different Modes of Digital Payments in Rural and Urban areas of Haryana

Dr.Seema Rathee; Gunjan Bhayana

Volume : VIII, Issue : XII, December - 2018

A Study of Usage Level of Different Modes of Digital Payments in Rural and Urban areas of Haryana

Dr. Seema Rathee, Gunjan Bhayana

Abstract :

Cashless means using digital form of payments instead of cash for payment of various transactions. Digital Payment system is more convenient than using paper money. The purpose of this study is to know about the usage of different modes of digital payment by customers. The reviews of related literature depicted that because of Globalization, Electronic payment system has become more significant in the modern scenario and utility of using the modes of cashless payment has been increasing day–by–day. A sample size of 360 respondents is taken to study the usage level of the customers by using Simple Random sampling technique. The Primary data was analyzed through statistical tools like Frequency analysis, T–Test and Mann–Whitney Test. In this it is concluded that large number of businesses even small vendors are now accepting cashless payment system