International Journal of Emerging Trends in Science & Technology

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

A Conceptual Study on Benefits of Electronic Payment System During Demonetization


Affiliations
1 Department of Management, M. Kumarasamy College of Engineering, Karur, Tamil Nadu, India
     

   Subscribe/Renew Journal


Demonetization is the act of stripping a money unit of its position as legal tender. It is essential, whenever there is a change of national money. The older unit of money must be retired and replace with a new money unit. This paper suggest the positive impact of Demonetarization on Electronic payment by providing numerical data on how the volumes of transaction increased during the period in which Demonetarization was implemented in India.

Keywords

Credit Card, Debit Card, E-money, Electronic Fund Transfer, Mobile Banking, Smart Card.
User
Subscription Login to verify subscription
Notifications
Font Size

  • A. Musa, H. U. Khan, and K. A. Alshare, “Factors influence consumers adoption of mobile payment devices in Qatar,” International Journal of Mobile Communications, vol.13, no. 6, pp. 670-689, September 2015.

  • B. Vatanasombut, M. Igbaria, A. C. Stylianou, and W. Rodgers, “Information systems continuance intention of web-based applications customers: The case of online banking,” Information & Management, vol. 45, no. 7, pp. 419-428, 2008.

  • J. Yang, M. Whitefield, and R. Bhanot, “E-Banking in rural area - recent trend and development: A case study,” Communications of the IIMA, vol. 5, no. 4, 2005.

  • S. Roy, and P. Venkateswaran, “Online payment system using steganography and visual cryptography,” 2014 IEEE Students’ Conference on Electrical, Electronics and Computer Science, pp. 1-5, IEEE, 2014.


Abstract Views: 411

PDF Views: 0




  • A Conceptual Study on Benefits of Electronic Payment System During Demonetization

Abstract Views: 411  |  PDF Views: 0

Authors

K. Malarkodi
Department of Management, M. Kumarasamy College of Engineering, Karur, Tamil Nadu, India
S. Prasanna
Department of Management, M. Kumarasamy College of Engineering, Karur, Tamil Nadu, India
R. Renukadevi
Department of Management, M. Kumarasamy College of Engineering, Karur, Tamil Nadu, India

Abstract


Demonetization is the act of stripping a money unit of its position as legal tender. It is essential, whenever there is a change of national money. The older unit of money must be retired and replace with a new money unit. This paper suggest the positive impact of Demonetarization on Electronic payment by providing numerical data on how the volumes of transaction increased during the period in which Demonetarization was implemented in India.

Keywords


Credit Card, Debit Card, E-money, Electronic Fund Transfer, Mobile Banking, Smart Card.

References