A Study on Digital Payment System and End-user Satisfaction Survey

Abstract

Digital payment system is a way of payment which is made through digital modes. In digital payments, payer and payee both use digital modes to send and receive money for the said transactions. It can also be called as electronic payment hence no hard cash is involved in the digital payments. All the transactions in digital payments are completed online. It is an instant and convenient way to make payments. Digital payments save you from long queues of ATMs and banks. Because, if you pay digitally, you won’t need to withdraw cash from your account. It also lots of time and a little bit money as well.