Page 314 - IMDR JOURNAL 2023-24
P. 314

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


               convenience, 38 respondents use for security purpose, 34 respondents use for

               cashback/discounts and rest 17 uses for other reasons.
               Figure 2.5: How often do respondents use digital payment methods




                              Rarely

                    Few times a months


                      Few times a week

                           Once a day


                     Multiple time a day
                                    0        10       20       30       40       50       60       70
                            Multiple time a day  Once a day  Few times a week Few times a months  Rarely

                      Series 1     69             12             21              8              7



               Respondents were survey to know how often they use digital payment methods, from figure

               2.5 it is observed that 69 respondents use multiple times a day, 12 respondents use once a

               day, 21 respondents use few times a week, 8 respondents use few times a month and other 7
               uses rarely.


               Figure 2.6: How introduction to UPI has affected respondents overall monthly expenses


                                 60               55

                                 50
                                 40
                                                           33
                                 30

                                 20     16
                                                                     9
                                 10
                                                                               4
                                  0
                                      Increase  Increase  Stayed  Decrease  Decrease
                                     Significantly Moderately about the Moderately Significantly
                                                          same


               Researcher was interested to know how introduction to UPI has affected respondents overall
               monthly expenses, though 16(13.7%) says their expenses has increase significantly, 55(47%)



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