Published Online: June 18, 2016
Author Details
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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