Asian Journal of Research in Banking and Finance
  • Year: 2022
  • Volume: 12
  • Issue: 4

Analyzing variation among payment system indicators in terms of their performance for the India

*Assistant Professor in Economics, School of Social Sciences, Swami Ramanand Teerth Marathwada University, Nanded, India, Email id: n99bodhgire@gmail.com

Online Published on 21 May, 2022.

Abstract

The means of cash payments aim to facilitate communication between individuals and the smooth movement of cash between the merchant and the consumer. it also aims to establish transparent control over government payments. The purpose of this research is to analyses the variation between digital payment methods in terms of their performance in India. The study relied on secondary data. The quality of the various payment tools was the result, finding easy access to all individuals at all times and financial education was a recommendation.

Keywords

Payment Methods, ANOVA, Performance, Digitalization, Internet