Awareness and Usage of E-wallets Among People in Tiruvarur District

Abstract

E-Wallets or Electronic Wallets play a major role in cashless transactions among people in India. People make quick payments and also send money through these e-wallets. They can easily keep track of their transactions with the help of these e-wallets. These E-Wallets save a lot of time. Previously people had to stand in a queue at the Bank counters to transfer or send money to their friends or other institutions. Nowadays, people need not stand in queues and are using these e-wallets. They need not waste their precious time. The Government of India is encouraging the Digital Payment System and Demonetization has been done to block the transaction of black money among people in India. E-Wallets help in reducing these black money transactions. There are various studies about e-wallets. This study helps in finding out the awareness and usage of e-wallets among people in Tiruvarur District.