A Study on Finding the Factors, Hindering the use of digital wallets among youth in Developing Countries

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athukoralage_tharindi_nimansa
athukoralage_tharindi_nimansa
2
Athukoralage Tharindi Nimansa
Athukoralage Tharindi Nimansa
3
Dr. N. Kuruwitaarachchi
Dr. N. Kuruwitaarachchi
1 Sri Lanka Institute of Information Technology

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A digital wallet or eWallet is a mobile base software application that securely persists consumer’s payment information and passwords for numerous payment methods. By using an eWallet, users can complete their transactions easily and quickly with technologies such as Quick Response (QR) and near-field communications (NFC). In the modern world, people use digital wallets to engage in financial and non-financial activities using the internet. It stores physical financial instruments digitally and provides high availability to convenience to the user. Typically, to facilitate high security to those financial assets, in the digital wallet of the user, and to maintain reliability and availability, mobile application developing organizations follow different authorization mechanisms. Problem prevailing in a developing country similar to Sri Lanka is the less use of digital wallets in day to day transactions. The final outcome of the research will be to find the factors which affect the use of digital wallets in Sri Lankan students who study in western province universities.

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No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Not applicable for this article.

athukoralage_tharindi_nimansa. 2021. \u201cA Study on Finding the Factors, Hindering the use of digital wallets among youth in Developing Countries\u201d. Global Journal of Computer Science and Technology - H: Information & Technology GJCST-H Volume 21 (GJCST Volume 21 Issue H1): .

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GJCST Volume 21 Issue H1
Pg. 39- 46
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Crossref Journal DOI 10.17406/gjcst

Print ISSN 0975-4350

e-ISSN 0975-4172

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v1.2

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February 5, 2021

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English

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A digital wallet or eWallet is a mobile base software application that securely persists consumer’s payment information and passwords for numerous payment methods. By using an eWallet, users can complete their transactions easily and quickly with technologies such as Quick Response (QR) and near-field communications (NFC). In the modern world, people use digital wallets to engage in financial and non-financial activities using the internet. It stores physical financial instruments digitally and provides high availability to convenience to the user. Typically, to facilitate high security to those financial assets, in the digital wallet of the user, and to maintain reliability and availability, mobile application developing organizations follow different authorization mechanisms. Problem prevailing in a developing country similar to Sri Lanka is the less use of digital wallets in day to day transactions. The final outcome of the research will be to find the factors which affect the use of digital wallets in Sri Lankan students who study in western province universities.

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A Study on Finding the Factors, Hindering the use of digital wallets among youth in Developing Countries

Athukoralage Tharindi Nimansa
Athukoralage Tharindi Nimansa
Dr. N. Kuruwitaarachchi
Dr. N. Kuruwitaarachchi

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