IJRR

International Journal of Research and Review

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Review Article

Year: 2019 | Month: September | Volume: 6 | Issue: 9 | Pages: 240-243

Digital Money & Wallet: A Conceptual Framework

Dr. Himanshu Mathur

Assistant Professor, Faculty of Law and Governance, Jayoti Vidhyapeeth Woman University, Jaipur

ABSTRACT

Demonetarization was one of the one of the major reason for growing digital money into market. On 8 Nov. 2018, government adopt demonetarization policy and banned 500 and 1000Rs note into the market. Government was emphasizing on using the digital wallet or digital money. The government want the transparency in all economical transaction. On that time PAYTM, BHIM, RUPAY and other digital wallet were capturing market on large scale. This paper is an attempt to give introduction of digital money and various types of digital wallets available in market.

Key words: E-Wallet, E-Money, Paytm

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