A Study on Users Perception and Awareness towards Digital Payment Security Threats among Youngsters in Chennai, Tamil Nadu, India

Authors

  • V. Parvathy Research Scholar, Department of Commerce, College of Science and Humanities, SRM Institute of Science and Technology, Tamil Nadu, India
  • D. Durairaj Assistant Professor, Department of Commerce, College of Science and Humanities, SRM Institute of Science and Technology, Tamil Nadu, India

DOI:

https://doi.org/10.51983/arss-2021.10.2.2988

Keywords:

Digital Transaction, Security Threats, Users Perception, Awareness

Abstract

After demonetisation the usage of digital transaction is increased. Digital payment refers to doing money transaction through online with the help of internet. E wallets and prepaid payment instruments also introduced for the growth of digital payments. Since it is time saving and easy of doing transaction, users also slowly adopting the digital culture, But on the other side security related issues also faced by users. Digital payment security threats refer to stealing of information, unauthorised transaction, malware attack, and phishing. RBI and government of India has introduced guidance for digital transaction. This study focused on Chennai users perception and awareness towards digital payment security threats among youngster in Chennai area.

References

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RBI. (2019, Jan 4th). Customer Protection – Limiting Liability of Customers in Unauthorised Electronic Payment Transactions in Prepaid Payment Instruments (PPIs) issued by Authorised Non-banks. RBI Notification. Retrieved from https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=11446&Mode=0

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Published

12-08-2021

How to Cite

Parvathy, V., & Durairaj, D. (2021). A Study on Users Perception and Awareness towards Digital Payment Security Threats among Youngsters in Chennai, Tamil Nadu, India. Asian Review of Social Sciences, 10(2), 30–34. https://doi.org/10.51983/arss-2021.10.2.2988