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Impact of COVID-19 Outbreak on Digital Payments


Affiliations
1 Assistant Professor, Maharaja Agrasen University Baddi, Solan, Himachal Pradesh, India
2 Professor, Maharaja Agrasen University Baddi, Solan, Himachal Pradesh, India
     

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With the advent of technology development and improving digital experience, electronic payments globally are being adopted at an outstanding pace. Even with increasing concerns over data privacy and security, the trend is expected to continue, over the course of development and adoption, electronic payments had a tremendous effect on various sectors like banking, Tourism, Hotel Industry etc. These sectors had affected in various ways. The use of digital payments for everything from groceries to utility bills to cab fares to fee payments, etc. across demographically diverse people, has seen a colossal rise due to the virus’s fear.

Keywords

Bank, COVID-19, Digital, Payment, Transact.
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  • Impact of COVID-19 Outbreak on Digital Payments

Abstract Views: 124  |  PDF Views: 0

Authors

Manjula Gupta
Assistant Professor, Maharaja Agrasen University Baddi, Solan, Himachal Pradesh, India
Anil K. Parti
Professor, Maharaja Agrasen University Baddi, Solan, Himachal Pradesh, India

Abstract


With the advent of technology development and improving digital experience, electronic payments globally are being adopted at an outstanding pace. Even with increasing concerns over data privacy and security, the trend is expected to continue, over the course of development and adoption, electronic payments had a tremendous effect on various sectors like banking, Tourism, Hotel Industry etc. These sectors had affected in various ways. The use of digital payments for everything from groceries to utility bills to cab fares to fee payments, etc. across demographically diverse people, has seen a colossal rise due to the virus’s fear.

Keywords


Bank, COVID-19, Digital, Payment, Transact.

References