EFFECTIVENESS OF E-WALLETS AMONG UNIVERSITY STUDENT

AUTHOR – SONALI PANDEY* & DR ARVIND KUMAR SINGH**

* STUDENT AT AMITY UNIVERSITY, LUCKNOW, UTTAR PRADESH

** PROFESSOR AT AMITY UNIVERSITY, LUCKNOW, UTTAR PRADESH

BEST CITATION – SONALI PANDEY & DR ARVIND KUMAR SINGH, EFFECTIVENESS OF E-WALLETS AMONG UNIVERSITY STUDENT, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 5 (4) OF 2025, PG. 55-67, APIS – 3920 – 0001 & ISSN – 2583-2344.

ABSTRACT

E-Wallets, commonly referred to as electronic wallets or digital wallets are applications available on digital platforms that help users facilitate transactions online over the internet easily and safely. It enables users to make payment digitally with the use of smartphones, tablets, computers and other electronic devices.

The purpose of this study is to determine whether electronic wallets are useful to university students. E-Wallets’ increased popularity in recent years is largely attributable to how convenient and simple they are to use for financial transactions. To understand their effectiveness, particularly among university students, little research has been done. This study uses a mixed-methods strategy to collect data from a wide range of university students by mixing qualitative data and quantitative surveys. The study examines a number of aspects of efficacy, such as user satisfaction, adoption rates, perceived advantages, and difficulties related to using an e-wallet. The results will help us understand e-wallets’ effects on university students’ financial preferences and behaviors in a better way, providing information for service providers, politicians and educators.