Digital Wallet Evolution at Chhattisgarh

Abstract

In current scenario, Smartphone has turn out to be significant component of daily life. As it has grown to be more affordable, the number of Smartphone users has increased dramatically. All the credit goes to recent technology; mobile users can currently use their Smartphone to make money transaction or payment by using applications installed in the phone. Besides payment, populace can also store receipts, coupons, business cards, bills…in their Smartphone. As soon as Smartphone can utilize as normal wallets, it is identified as “Digital Wallet”. Demonetization on 8th November, 2016, the honorable Prime Minister of India, was functioning mostly in the support of digital wallet startups. On the basis of this the research takes place as an analytical study of consumer satisfaction on adoption of digital wallet. A sample of 300 respondents from Chhattisgarh state has been studied to measure the adoption level of Digital Wallet.