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    Research Project

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    Ralph Serrao
    The document discusses the preference between traditional cash payments and modern digital payment methods such as NEFT, RTGS, online transfers, and direct debit. It examines payment preferences for different scenarios like grocery stores, entertainment, shopping, medical expenses, travel bookings, and local and international travel. It also touches on security issues from lost credit cards or cash, convenience, paying bills online versus with cash, easy cash withdrawals from ATMs, using cards or cash abroad, and acceptability differences between rural and urban areas. The document proposes surveying preferences based on age, income, employment status, and location to understand the reasons people choose cash or credit cards for different payment needs.

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    Research Project

    Uploaded by

    Ralph Serrao
    27 views1 page
    The document discusses the preference between traditional cash payments and modern digital payment methods such as NEFT, RTGS, online transfers, and direct debit. It examines payment preferences for different scenarios like grocery stores, entertainment, shopping, medical expenses, travel bookings, and local and international travel. It also touches on security issues from lost credit cards or cash, convenience, paying bills online versus with cash, easy cash withdrawals from ATMs, using cards or cash abroad, and acceptability differences between rural and urban areas. The document proposes surveying preferences based on age, income, employment status, and location to understand the reasons people choose cash or credit cards for different payment needs.

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    The document discusses the preference between traditional cash payments and modern digital payment methods such as NEFT, RTGS, online transfers, and direct debit. It examines payment preferences for different scenarios like grocery stores, entertainment, shopping, medical expenses, travel bookings, and local and international travel. It also touches on security issues from lost credit cards or cash, convenience, paying bills online versus with cash, easy cash withdrawals from ATMs, using cards or cash abroad, and acceptability differences between rural and urban areas. The document proposes surveying preferences based on age, income, employment status, and location to understand the reasons people choose cash or credit cards for different payment needs.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
    27 views1 page

    Research Project

    Uploaded by

    Ralph Serrao
    The document discusses the preference between traditional cash payments and modern digital payment methods such as NEFT, RTGS, online transfers, and direct debit. It examines payment preferences for different scenarios like grocery stores, entertainment, shopping, medical expenses, travel bookings, and local and international travel. It also touches on security issues from lost credit cards or cash, convenience, paying bills online versus with cash, easy cash withdrawals from ATMs, using cards or cash abroad, and acceptability differences between rural and urban areas. The document proposes surveying preferences based on age, income, employment status, and location to understand the reasons people choose cash or credit cards for different payment needs.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
    of 1

    Topic: Modern mode of payment Vs.

    Traditional mode of payment

    Purpose: Preference of making payment, whether cash (traditional) orModern


    Methods such as NEFTS, RTGS, ONLINE TRANSFER, Direct Debit)

    How payments are made at the following places;

    a) Grocery store

    b) Entertainment

    c) Shopping

    d) Medical expenses

    e) Air & Railway booking

    f) Travelling – international / local

    Security issues in the form of loss of credit card or cash

    Convenience

    Online payments of bills Vs. Cash

    Easy withdrawal of cash through any bank ATMs

    Use of card or cash in international travel

    Acceptability issues – rural v/s. urban

    Survey to be done on the basis of age groups, income group, preferences,


    employed Vs self employed and rural vs. urban

    If one uses cash than why?

    If one uses credit cards than why?

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