International Journal of Business Management & Research - Volumes & Issues - Volume 12: June 2022, Issue 1

Impact of Computer Based Payments on Growth of Online Business

Authors

Kanu Nanda, Parmod Kumar

DOI Number

Keywords

Computer based transactions, Sustainability, Customer Needs, E-Payments

Abstract

Over the past few YEARS, IT has drastically changed the business efficiency by automating the calculations used in transactions and account management. But as these powerful devices continue to change the way we do business. The benefits of computers in an organization extend beyond just operational efficiency. Owner-customer trust in IT transactions has expanded local business globally. Currently there are many applications like Paytm and BEM that support offline operation very effectively. Customers no longer have to ensure cash availability. These apps make the difference here. Therefore, understanding the ever changing use of computers payments for more sustainable growth is especially important for offline businesses. The survey was conducted by selecting 50 samples respondents to use payment to purchase product online. Based on age, purpose of use, frequency of use and benefits of electronic payment. The main aspects and interpretations are then explained in more detail in this white paper to clarify the results and draw conclusions based on them.

References

1. Vijay Shekhar Sharma, Paytm Mall: Paytm Pay- ment Bank: (htttp://en.wikipedia.org/)
2. Amazon; (2007) ( https://en.wikipedia.org/)
3. Bharti Airtel; New Delhi (2017)( https://en.wiki- pedia.org/wiki/Airel Payment Bank)
4. Ambani; (2016) ( https://www.mylyf.com)
5. Proprietory; (2015) (https://en.wikipedia.org/)
6. S Fatonah, AYulandari and FW Wibowo; “Review of EPayment Systems in E-Commerce (2018) Journal of Physics: Conference Series. Volume 1140. International Conference on Electrical, Electronic, Informatics and Vo- cational Education CTCE-ELINVO 2018) 13 September 2018. Yogyakarta Special Province. Republic of Indonesia (Source: https://iopscience.iop.org).
7. Burhan Ul Islam Khan, Rashidah F. Olanrewaju, Asifa Mehraj Baba, Adil Ahmad Langoo and Shahul As- sad, “A Compendious Study of Online Payment Systems: Past Developments, Present Impact, and Future Consider- ations” International Journal of Advanced Computer Sci- ence and Applications(IJACSA), 8(5), 2017. http://dx.doi. org/10.14569/IJACSA.2017.080532
8. Smashbury, Hema Divya; Research on digital pay- ments in India from a consumer recruitment perspective”; International journal of Pure and Applied Mathematics: Volume 119 No. 15 2018, 1259-1267 (2018). (https://acadpubl.eu)
9. Sana Khan and Ms. Shreya Jain; Research on the use of electronic payments for the sustainable growth of online business”; IOSR Journal of Business and Manage- ment (IOSR-JBM) e-ISSN: 2278-487X, p-ISSN: 2319- 7668 PP 74-81. (https://www.met.edu/uploadfile/docu- ments/)

How to cite

Journal

International Journal of Business Management & Research

ISSN

2249-2143

Periodicity

Bi-Annual