Table 4.7: Table showing convenient device for using E-wallets. ‘Smart phone Eo a ‘Computer 1 1% All of the above: 7 12% + Total oo [ 100% Source: Primary data From the table and figure 87% of the respondents prefer smartphones in order to use E-wallets while 12% prefer both smartphone and computer, only 1% prefer computer alone in order to use E-wallets. Chart 4.7: Chart showing convenient device for using E-wallets. All ofthe above, it. Computer, 15 Smart phone, ET‘Table 4.6: Table showing reason for use of E-wallets over other mode of payment Reasons | No. of Respondents Percentage . | | Ease of use Time saving Security 3 Wide acceptability 2 3% | Total oo 100% Source: Primary data From the above data it is clear thal people prefer something which is ease of use, The data shows 27% looks for time saving, 5% looks tor security and 3% for wide acceptability respectively llet over other Pray eesPaytm: Payim was founded in August 2010 with an initial investment of $2 rillion by its founder Vijay Sharma in Noida, aregion adjacent to India's capital New Delhi. It started off'as a prepaid mobile and DTH recharge platform, and later adided data card, postpaid mobile and landline bill payments in 2013 By January 2014, the company had launched the Patym wallet, which the Indian Railwoysand Uber added as'a payment option. It launched intoe-commerce with online deals and bus ticketing, In 2015, it unveiled more use-cases like education fees, metro recharges, cleviricity, gas, end water bill payments, It also started powering the payment gateway for Indian Railways, In 2016, Paytm launched movies, events, and amusement parks ticketing as well as flight ticket bookings and Payim ()R. Later that year, it launched rail bookings and gift cands. Paytm’'s registered user base grew from U1.8 million im August 2014 to 104 million in August 2015. Its travel business crossed $500 million in annualized GMYV tin rate, with 2 million tickets booked per month. In 2017, Paytm became India’s first payment app to cross over 100 million app downloads. The same year it launched Patym Gold. a product that allowed users ta'buy as little as Rs! of pure gold online. It also launched Paytm Payments Bank and ‘inbox’. messaging platform with in-chat payments among ether products, By 2018, if started allowing merchants to track their payments and day-to-day settlements instantly. This fed its merchant base to grow to more than 7 million by March 2018, ‘The company launched two new wealth management products ~ Paytm Gold Savings Plan and Gold Gifting to simplify long-term savings. In January 2018. Paytm entered into a joint venture with Alibaba Group-owned gaming company AGTech Holdings to launch Gamepind, « mobile gaming platform. Gamepind was later rebranded as Paytm First Games in June 2019.Advantages and Disadvantages of using E-payment E-payment is something that allows people to pay for things through their phones, ratherthan through a credit card or cash. Advantages and Disadvantages of the application are listed below Advantages * Faster to pay for things + Very secure inates the need for some to carry around a wallet + Easy to use * Free to use, Disadvantages * Having virtual money source may encourage people to spend more than they have. + One would have to take his or her phone out more often to pay for + People are more likely to glunce over and steal your pin number + It's not usable at every single stone + It doesn’t work with some credit cards,Table 4.5: Table showing Use of E-wallets for Financial Transactions. ‘Useful or not No. of Respondents Percentage Yes SS 92% ‘No 8 Total 60 100% ‘Souree: Primary data From the data it is understandable that 92% of the respondent's use E~ wallets for financial transactions and the remaining 8% do- not use them for financial transactions, Chart 4.5: Chart showing Use of E-wallets for Financia ‘Transactions.Table 4.4: Table showing Source of Information about E-wallets. | Source of Information No, of Respondents Percentage | ‘Fnends 7 620% Social Media iB 22% Advertisements 3 Te Magarine/Television 1 1% Total 60 100% Source: Primary data From the table and figure more than half of the respondents got the information about e-wallets from their friends 62%, Social Media has a role in 22% of respondents, 15% from Advertisements and the remaining 1% got information from Magazines/Television. Chart 4.4: Chart Showing Source of Information about E-wallets.wing Preference among E-wallets. No, of Respondents Percentage z 7 Total | i 100% Source: Primary data In the Table and F jure it is understandable that 83% of respondents preter Google pay, 8% prefer Phone Pay, 7% preter Paytmand the least preferred app is Amazon Pay with 24 Chart 4.3: € airt Showing Prefer ong E-wallets,CHAPTER IV DATA ANALYSIS AND INTERPRETATIONTable 4.2: Table Showing Awareness about Functionality of E- wallets, Rate of Awareness No, of Respondents Perceninge Aware 40 OMe Partially Aware To 27% Fully Aware 3 5% Not Aware 1 rm Total “ 100% Souree: Primary data From the table and data, it shows the awareness level about the functionality of E-wallcts. Here 67% of the persons are aware about its functionality and 27% of them are partially aware, 5% of them are fully aware, at last 1% are not at all aware about E-wallets functionality. Chart 4.2: Chart showing Rate of Awareness about Functionality of E-wallets. ro Aware Mi Sartlly Awe 8 Fcty Aware ME Not AwaData Analysts and Interpretation Data analysis is a process for oblaining raw data and converting it into information useful for decision making by user. Table 4.1: Showing Respondent's Gender. Gender No. af Respondents Percentage Male 3 38% Female 37 62%, Total 60 100% Source: Primary data The table and graph shows the gender classification of respondent 38% of respondents are male and also scen that 62% of respondents are female. Chart 4.1: Chart showing Respondent's Gender,In March 2018, Paytm Money was setup with an investment of 9 crore to bring investment and wealth management products for Indians. In March 2019, Paytm launched a subscription based layalty program called Paytm First In May 2019, Psytm partnered with Citibank to launch Paytm First credit card, In July 2020, Tata Starbucks partnered with Paytm allowing its customers to ordet food online during a coronavirus (COVID-19) pandemic. PhonePe: FxMart received its license to operate on 26 August 2014. PhonePe was incorporated in December 2015, In April 2016, the company was acquired by Flipkurt. And as a part of the Flipkan acquisition, the FxMart license was transferred to PhonPe and it was rebranded as the PhoncPe wallet. PhoncpPe’s founder Sameer Nigam was appointed as the CEO of the company. Tn August 2016, the company partnered with Yes Bank to launch « UPI-based mobile payment app, based on the govemment-backed UP! platform. Within 3 months of launch, the app was downloaded by over 10 million users. In 2018, PhonePs also became the fastest Indian payment app to get a SO million badge on the Google play store. The PhonePe app overlook BHIM to emerge as the market leader in UPI transactions in August 2017, Google Pa Google 2015. Android Pay was a successor to and built on the base established by Google Wallet which was released in 2011. It also used technology from the iginally launched as Android Pay, the service was released at carricr-backed Saft card, Google had acquired its intellectual property in February 2015. At launch, the service was compatible with 70% merchants. Google Wallet still powered web-based Play Store purchases and some app-based peer-to-pecr payments, for insianee in Grail.CHAPTER III THEORETICAL FRAMEWORK3.1 Introduction E-payment Electronic payment also known as e-payment is a system that permits online payment between parties using an electronic substitute of financial tender, E-payment systems have become increasingly popular due to the widespread use of the internet based shopping and banking, There afte numerous different payment systems available for online transactions. These include the traditional credit, debit, and other cards also new technologies stich as digital wallets, & cash and mobile payments Digital Payment Digital payment has become one of the famous and modem technology which is widely used in this current period. This is the best alternative to avoid any obstacle cegarding paymenis and all the other activities like the shopping, recharge, and other wallet payments, Internet is # very important source of life in this modern era in order to survive modernization along with digital payment is necessary, Digital payments are now done through digital wallets also known as “e-wallet” that allows one party to: make io make electronic transactions with another party bartering digital currency units for goods and services. There are mainly three types of digital wallets and they are closed wallet, semi-closed wallet, and open wallet. New Era in Digital Wallets Amazon pay, Paytm, PhonePe and Google pay are digital wallet platforms and online payment sysiem developed by Amazon, Vijay Shekhar Sharma and Sameer Nigam and by Google to power in-app and tap-to-pay purchases on mobile devices, enabling users to make payments with Android phones, tablets or watches. To use these you will need NFC- enabled Android device running Lollipop 5.0 or higher for in-store purchases,1.1 Statement of the problem Youth is shilling towards enthusiasm, energy, education, enjayment. They should not take enjoyment as firstand rest of the things as last, Nowa day's most of the students consider vital things as first and enjoyment as last due to awareness, Technology tip-date, Education and Socie-Culttital groups, This study has been conducted in order to understand how the online payments have found @ way in to the world of youth. The youth is the future, therefore the decisions they make today affects tomorow, The study titled “A [Link] ontine payment methods among college students with special reference to Christ College Irinjalakuda” is conducted w understand the reachability of e-payment among students and its satisfaction level. 1.2 Scope of the study The sly is focused on use of online payment methods among Christ college shudents, It is highly relevent topic in present scenario, Students with e-payment apps set up on their mobile phones will present the phones to near field communication enabled readers on campus to complete transactions, This study mainly emphasized on college students, their use, acceptance and satisfaction. 1.3 Significance of the study ‘The traditional methods of payment have now ben replaced by e-payment mechanism because of its wide use, It is used in many areas like shopping, movie ticket booking, fee payment, mobile recharging, bill payment etc. All these uses attract students as their day to day activities gets more improved andTABLES OF CONTENTS CHAPTER NO. CONTENTS PAGE NO: LIST OF TABLES: LIST OF FIGURES CHAPTERI INTRODUCTION 1-5 CHAPTER2 | REVIEW OF LITERATURE 6-9 THEORETICAL . ERS e 0-15 SHARTER FRAMEWORK ind DATA ANALYSIS AND SHARIRES INTERPRETATION aaa CHAPTERS __| FINDINGS, SUGGESTIONS area & CONCLUSION BIBLOGRAPHY ANNENURE