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Growth Drivers and Trends of E-wallets in India

Vol 3, Issue 1, January - June 2016 | Pages: 65-72 | Research Paper  

 
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https://doi.org/10.17492/manthan.v3i1.6599


Author Details ( * ) denotes Corresponding author

1. * Navdeep Kumar, Assistant Professor, PG Department of Commerce and Business Administration, Lyallpur Khalsa College, Jalandhar, Punjab , India (navdeepgandotra@yahoo.com)

The present paper is an endeavour to underline the technology led revolution in online payments with the advent of e wallets in India. The key focus of the present paper is on highlighting the growth factors and trends regarding use of e wallets in India. In order to make India a rising international player for sustainable market development, financial inclusion of the rural population will be decisive. E-wallet possesses the prospective as a largest player for making e- transactions in India. However, to enhance the popularity and usage of e wallets, there are certain pre requisites such as adequate infrastructure and comfortable user experience.

Keywords

Online payments, E-wallet, Financial inclusion

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