Artikel
Understanding cashless payments in India
Background: This paper analyzes India's gradual transition towards a cashless economy. Methods: We present a theoretical model that evaluates decisions by consumers and sellers to adopt cashless payments. We then use data from surveys conducted in 2011 and 2014 (from World Bank's Global Findex), as well as household and enterprise surveys conducted in 2009-2010 to estimate the amount of cashless transactions prevalent in India and identify the avenues that are successful and those that are not. We analyze instruments (cards versus point-of-sale versus mobile), micro units (individuals versus households versus retailers), and sectors to identify and estimate the enablers and bottlenecks. Results: We find that the most crucial enabler of cashless payments are inflows of funds into the accounts. Conclusion: Based on our findings, we suggest possible policy interventions.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Financial Innovation ; ISSN: 2199-4730 ; Volume: 2 ; Year: 2016 ; Issue: 27 ; Pages: 1-26 ; Heidelberg: Springer
- Classification
-
Management
General Financial Markets: Government Policy and Regulation
Financial Institutions and Services: Other
Economywide Country Studies: Asia including Middle East
- Subject
-
Cashless transactions
Survey
Network effect
- Event
-
Geistige Schöpfung
- (who)
-
Mukhopadhyay, Bappaditya
- Event
-
Veröffentlichung
- (who)
-
Springer
- (where)
-
Heidelberg
- (when)
-
2016
- DOI
-
doi:10.1186/s40854-016-0047-4
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Mukhopadhyay, Bappaditya
- Springer
Time of origin
- 2016
Other Objects (12)
Balance of payments dilemmas
Reduction of deficits of payments
Rehabilitation of balance of payments
Impact on British balance of payments
The US balance of payments problem
Major causes of continued international payments instability
OECD: Problems for the balance of payments
Foreign trade and payments: new tasks ahead
Swiss DRGs: Patient Heterogeneity and Hospital Payments
Great Britain: Risk to the balance of payments
Patient dumping, outlier payments, and optimal healthcare payment policy under asymmetric information
The impact of petroleum on the balance of payments
Balance of payments dilemmas
Reduction of deficits of payments
Rehabilitation of balance of payments
Impact on British balance of payments
The US balance of payments problem
Major causes of continued international payments instability
OECD: Problems for the balance of payments
Foreign trade and payments: new tasks ahead
Swiss DRGs: Patient Heterogeneity and Hospital Payments
Great Britain: Risk to the balance of payments
Patient dumping, outlier payments, and optimal healthcare payment policy under asymmetric information
The impact of petroleum on the balance of payments
Balance of payments dilemmas
Reduction of deficits of payments
Rehabilitation of balance of payments
Impact on British balance of payments
The US balance of payments problem
Major causes of continued international payments instability
OECD: Problems for the balance of payments
Foreign trade and payments: new tasks ahead
Swiss DRGs: Patient Heterogeneity and Hospital Payments
Great Britain: Risk to the balance of payments
Patient dumping, outlier payments, and optimal healthcare payment policy under asymmetric information