Page 313 - IMDR JOURNAL 2023-24

IMDR’s Journal of Management Development & Research 2023-24

Table 2.2 shows the responses that were received from

student (37), Employed (55), Self-employed (19) and other from unemployed (6).
Figure 2.2: Use of Digital payment method

No
7%

Yes
No

Yes
93%

It is observed from figure 2.2 that majority of 109(93.2%) respondents use digital payment

methods such as UPI, mobile wallet, etc followed by 8(6.8%) non users.

Figure 2.3: Mode of Digital Payment
.
2%
13%

UPI
Mobile Wallet
54% Debit/Credit cards
31%
Other

Since majority respondents are using digital payment methods, Figure 2.3 shows the

distribution of digital payment methods most prefer by respondents. Majority 63(53.8%)

respondents prefer UPI, 36(30.8%) respondents prefer mobile wallets, 15(12.8%) respondents
prefer debit/credit cards and rest 3 (2.6%) prefer other mode.

Figure 2.4: Main reason respondents use digital payment methods

120
107

100

80

60

38
40 34
It is observed that from figure 2.4, 107 respondents use digital payment methods for
17
20
0 305
Convenience Security Cashback/Discounts Others