Main Article Content
Abstract
Digital payment is the way in which payments are made through different digital methods. The unforeseen move and the non- availability of cash acted as a catalyst and has forced the people to use more digital mode for making transactions. This created an increase in digital payments. The various initiatives by the Government in promoting digital payments like reduction in taxes and incentives helped a lot in including many people who were unaware of and unwilling to use digital mode, into the main stream of digital payment. The different digital payment methods are cards, Bharat Interface for Money, Aadhar enabled payment system, Unified payment interface, internet banking, mobile banking, e-wallet, Point of sale etc. The present study analyses the change in the method of payment after demonetization in Thiruvananthapuramdistrict.