Finance and Technology together has produced
several FinTech companies and increased the usage of
digital transactions over the period. India has followed the
advanced nations and now haswitnessedtremendous growth
in the usage of digital modesfor doing financial transactions.
Covid-19 pandemic and the resultant restrictions like social
distancing and the threat of spread of virus have led to more
usage of digital modes over cash transactions. Before
pandemic when Modi government announced digital India
move the pace of usage was still on the lower side which got
a boost due to pandemic restrictions. Typically, Indian
woman seem to be dependent upon her male counterpart or
the male member of the family to do the financial
transactions like investments or fund transfer etc.
Additionally, the residential location like rural or urban also
makes differencein terms of usage as the area has its own
challenges. This study uses primary data to check whether
educated and earning women believe in the usage of digital
methods for financial transactions andagrees that these
modes are beneficial. Also, whether the residential location
has any impact overthe usage.
Location, Benefits of digital modes, Digital methods