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Title: Opportunities and Challenges of E- Payment System in India

Author(s): Sujith T S, Julie C D

 DOI : http://dx.doi.org/10.18535/ijsrm/v5i9.02


Assistant Professor

Assabah arts and science college, P.O. Kokkur, Dist : Malappuram, Valayamkulam,

Kerala 679591

Assistant Professor

Assabah arts and science college, P.O. Kokkur, Dist : Malappuram, Valayamkulam,

Kerala 679591

Abstract

Now a day’s world changed to digital world. India tries to stepping towards e-payment system. Electronic payment system is a payment system through an electronic network. In other words e-payment is a method in which a person can make Online Payments for his purchase of goods and services without physical transfer of cash and cheques, irrespective of location and time. Today India is at a stage of demonetization so; in the present scenario this study is inevitable to makes electronic payments at any time through the internet directly to manage the e-business environment. This study aimed to identify the issues and challenges of electronic payment systems and offer some solutions to improve the e-payment system. E-payment system not only provides more opportunities but many threats also

Impact Factor/indexing

Impact Factor : 3.994






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