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Articles

Volume 5, Issue 1, September 2017

A Study on Various Methods of Payment in Online Transaction

Published
2017-09-01

Abstract

The success of e-transaction depends on effective electronic payment method. Today's e- transaction is increase due to digitalization-payments transaction process is a without paper document. Payment system in India are debit card, credit cards, e-wallet, e-cash etc. Different mode of e- payment transactions is available throughout the world. But it is not all mode of system are accept to transaction. My research on what are the challenges and types of method of online method prefer by youth. The aim of research paper is to study the different online payment method. Random sampling has been used to collect data from the 100 responded in Aurangabad city. The result of the study reveal that online transaction are very convinents.

Keywords

  • Credit Card
  • Debit Card
  • Net Banking
  • EMI Option
  • E-Wallet.

How to Cite

Anwar, A., & Hatole, S. (2017). A Study on Various Methods of Payment in Online Transaction. PARIDNYA- The MIBM Research Journal, 5(1), 84–95. Retrieved from http://www.mibmparidnya.in/index.php/PARIDNYA/article/view/118554

References

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  2. Chirag Parmar Research Scholar, Suresh GyanVihar(2015), “A Comparative Study on Various Payment Options in Online Shopping “International Journal on Recent and Innovation Trends in Computing and Communication, Volume: 3 Issue: 4
  3. J. Raja, M. Senthil velmurgan, “E-payments: Problems and Prospectsâ€, http://www.mmu.edu.my/%7Ebm/fbl/
  4. David B. Humphrey, Lawrence B. Pulley, and Jukka M. Vesala ( November1996), "Cash, Paper, and Electronic Payments: A Cross-Country Analysis," pp. 914-939
  5. Frank, H.-J. (2004), “E-payments: modern complement to traditional payment systemâ€, Economics.
  6. C.R. Kothari, (2004,) “Research Methodology Methods & Techniquesâ€, Second Edition, New Delhi: New Age International publisher, p.n. 55-60.

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