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Abstract

The smartphone is used everywhere in this modern world. The technological advancement has made the smartphone as devices where mobile users can make money transactions or payment by using an application installed on the phone. This paper aim is to study the mobile wallet and also study customer risk, satisfaction, security and awareness regarding the functionality of mobile wallets. It also explains mobile wallet importance. A structured questionnaire was prepared and data were collected from 260 respondents and factors affecting the adoption and usage of the mobile wallets were analyzed by using appropriate tool. SPSS was used to perform statistical analysis.

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