2025, Vol. 6, Issue 2, Part U
Factor analysis on various issues and challenges in practicing of digital transaction: A study in Sonipat district
Author(s): Naveen Kumar and Renu Jangra
Abstract: Any financial transaction carried out online using a laptop, computer or smartphone is referred to as a digital transaction. Only physical access to the bank is made possible by the traditional banking system. When handling actual money, there is a chance of theft, damage, exchange, etc. The alternate manner of transactions, commonly referred to as digital transactions, is crucial for avoiding the risk associated with handling real currency. All retailers, whether online and in physical stores, recognised digital transactions as a universal form of payment. The lender faces unforeseen challenges in the first phase. Even a remote village's residents are sufficiently aware of electronic payment systems thanks to the Central Government and Reserve Bank of India's best efforts." The current study focusses on analysing the problems and difficulties in practicing digital transactions. Four aspects are identified as problems and difficulties when doing digital transactions. The factors include issues with digital transaction operation, security, talent requirements and information threats.
DOI: 10.22271/27084515.2025.v6.i2u.928
Pages: 1922-1926 | Views: 81 | Downloads: 37
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How to cite this article:
Naveen Kumar, Renu Jangra. Factor analysis on various issues and challenges in practicing of digital transaction: A study in Sonipat district. Asian J Manage Commerce 2025;6(2):1922-1926. DOI: 10.22271/27084515.2025.v6.i2u.928
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