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7 articles for “Cashless transaction”
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Revolution of Digital Payment in India
Abstract: India's digital payment revolution is rewriting the country's financial narrative at a remarkable pace. Fuelled by the phenomenal success of the Unified Payments Interface (UPI), India has witnessed a staggering surge in digital transactions. To put it in perspective, in financial year 2023, more than 100 billion digital transactions took place across India. This study aims to examine the digital payment revolution in India, delving into the various factors driving …
Published in Journal of Mobile Computing, Communications & Mobile Networks · Vol. 10, Issue 3, 2023 · pp. 29–37 Read article
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The Futuristic Outlook of E-Commerce in India
Abstract: In the past ten years, India has witnessed extraordinary growth in e-commerce, which can be attributed to the proliferation of smartphones, the growing middle class, and the increasing number of people who have access to the internet. The retail scene has been revolutionized by major firms such as Amazon and Flipkart, as well as growing local platforms, which offer a diverse range of items and services. A further acceleration of …
Published in E-Commerce for Future & Trends · Vol. 11, Issue 3, 2024 · pp. 1–10 Read article
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Model Studies on Design and Implementation on Secured Code for Interactive Automated Teller Machine
Abstract: The use of Automated Teller Machine do not need introduction in this global world but its insecurity could make it not to receive it recognition in technology advancement thereby discouraging the urge for cashless economy society. Design and Implementation of Secured and Interactive Automated Teller Machine (ATM) was carried out using JAVA Programming Language. This project brought solution to the menace of insecurity found in Automated Teller Machine. Here, a …
Published in Journal of Open Source Developments · Vol. 9, Issue 2, 2022 · pp. 25–33 Read article
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Unified Payment Interface: A Way Towards a Cashless Journey
Abstract: In the sector of digital payments, the Unified Payment Interface (UPI) is known as an innovative system that has completely changed how business is done in India. This study analyzes the role of UPI in promoting a cashless society. The purpose of the research is to look into the primary features and advantages of UPI, its rate of adoption, and challenges encountered during implementation. The UPI system is briefly described …
Published in E-Commerce for Future & Trends · Vol. 10, Issue 1, 2023 · pp. 35–39 Read article
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The Evolution of Payments: Traditional Bill Methods Compared to Mobile Innovations
Abstract: "Mobile Payment Experiences in the Future" explores the transformative impact of emerging technologies: Artificial Intelligence (AI), 5G connectivity, and biometrics, on the evolution of mobile payment systems, moving beyond today's simple "tap and pay" solutions. As mobile payments become an essential component of global commerce, these innovations are set to redefine the payment landscape by enhancing transaction speed, security, and personalization. AI will enable real-time fraud detection, adaptive user verification, …
Published in International Journal of Mobile Computing Technology · Vol. 3, Issue 1, 2025 · pp. 17–27 Read article
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A Study on Behavioral Economic Analysis Among Gen Z in Navi Mumbai: Reference to UPI
Abstract: India is well on its way to becoming a cashless nation with the launch of the Unified Payment Interface (UPI). The new payment system enables your smartphone to function as a virtual debit card. UPI-based payment apps have notably influenced consumer behavior, especially among the tech-savvy Generation Z (Gen Z), as the digital landscape continues to evolve. In Navi Mumbai, UPI was designed to offer users efficiency, widespread accessibility, transparency, …
Published in E-Commerce for Future & Trends · Vol. 11, Issue 3, 2024 · pp. 33–47 Read article
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Smart Shuttle System: An IoT and Machine Learning Based Approach
Abstract: The Smart Shuttle System is an IoT-based system designed to provide a hassle-free, cashless payment experience for students using the shuttle service. The system utilizes RFID (Radio Frequency Identification) technology to identify students and deduct the fare amount from their account. Radio Frequency Identification (RFID) technology is being considered as an alternative to traditional money and Unified Payments Interface (UPI) for making payments due to several advantages it provides over …
Published in International Journal of Satellite Remote Sensing · Vol. 1, Issue 1, 2023 · pp. 9–22 Read article