YOUNG CONSUMERS PREFERANCE OF MOBILE WALLETS GATE WAY FOR CASHLESS PAYMENT REFERENCE TO SALEM CITY

Author (s) : S.SURESH

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Abstract :
In today world smart phone has become important part of everyday life. As it has become more affordable the number of smart phone users has increased dramatically. Not only smart phones are used as communication devices, but also to be used as socialized tool , entertainment tool , internet access tool , and even payment tool. Thanks to technology mobile users can nowadays use their smart phone to make money transaction or payment by using applications installed in the phone. Besides payment people can also store receipt, coupons, business cards, bills, etc… in their smartphones. When smart phones can function as leather wallets, it is called ‘digital wallets’ or widely known as “mobile wallets”. The development of technology and technological advancement as made smart phone to become essential part of daily life of people. Smart phone are used as a source of communication device, socialized tool, entertainment, internet and even payment tool. Mobile wallets with the support of mobile technology as allowed the owners of smart phone to carry out many financial transactions and identification implements.

Keywords : CASHLESS PAYMENT

Conference Date : 17/09/2021

Pages : 306

Paper ID : IESMDT304