UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Volume 11 | Issue 4 | April 2024

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Published in:

Volume 9 Issue 4
April-2022
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2204711


Registration ID:
401259

Page Number

h84-h89

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Title

A STUDY ON IMPACTS OF COVID - 19 ON DIGITAL PAYMENTS IN COIMBATORE

Abstract

In a fastest moving digital world there is one largest growing mode of making payments called as Digital Payments. Digital payment is an emerging concept of that involves a monetary transaction between two or more people by adopting online or digital platform instead of having exchanging money physically. It is a platform where no physical interaction is required to pay or receive sum of money that can be done via mobile or computer across globe round the clock. The fundamental goal of becoming digital with payments is to maintain a fair record of all monetary transactions and to protect the people from losing or stealing their hard-earned money. COVID- 19 or Corona virus is a serious health disease due to which the whole globe was declared as pandemic and shuts all business through implementing worldwide lockdown by governments of every nation in order to safeguard health’s and lives of common people suffering to which numerous individuals lost their existence. The Digital India program is a flagship program of the Indian government whose vision is to transform India into a digital society and a knowledge economy. "Faceless, paperless, cashless" is one of the roles Digital India professes. As part of promoting cashless transactions and converting India to a company with less cash, there are various digital payment methods available. Demonetization is likely to be described as game changers of the Indian economy. On the other hand, Demonetization is leading to boom cashless payments. In this futuristic world, all payments will be made by contactless cards, mobile phone applications and other electronic means while notes and coins will stand abolished. An environment where everyone is paralyzed at home, Covid -19 is further increasing the need for Ecash transactions. Bought via video is currently being introduced. This will help to further increase electronic transactions. Digital transactions have increased during this time.

Key Words

Digital payments, COVID-19, Monetary transaction.

Cite This Article

"A STUDY ON IMPACTS OF COVID - 19 ON DIGITAL PAYMENTS IN COIMBATORE", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 4, page no.h84-h89, April-2022, Available :http://www.jetir.org/papers/JETIR2204711.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"A STUDY ON IMPACTS OF COVID - 19 ON DIGITAL PAYMENTS IN COIMBATORE", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 4, page no. pph84-h89, April-2022, Available at : http://www.jetir.org/papers/JETIR2204711.pdf

Publication Details

Published Paper ID: JETIR2204711
Registration ID: 401259
Published In: Volume 9 | Issue 4 | Year April-2022
DOI (Digital Object Identifier):
Page No: h84-h89
Country: Coimbatore, TamilNadu, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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