Factors Influencing the Use of Online Payment System by Women
Divya Budhia1, Tushinder Preet Kaur2

1Divya Budhia*, Department of Economics, PCM S.D. College for Women, Jalandhar, India.
2Dr. Tushinder Preet Kaur, Mittal School of Business, Lovely Professional University, Phagwara, India. 

Manuscript received on 5 August 2019. | Revised Manuscript received on 11 August 2019. | Manuscript published on 30 September 2019. | PP: 1443-1448 | Volume-8 Issue-3 September 2019 | Retrieval Number: C4751098319/2019©BEIESP | DOI: 10.35940/ijrte.C4751.098319
Open Access | Ethics and Policies | Cite | Mendeley | Indexing and Abstracting
© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)

Abstract: The study aimed to identify the broad factors that were significant in influencing the use of online payment system among the female population. Data had been gathered from 300 respondents from urban areas of Punjab on 12 statements through 5-point rating scale. Factor analysis compressed variables in to four broad factors i.e. convenience, lack of safety, modernity and economic benefits. Discriminant analysis revealed that for factors “convenience” and “economic benefits”, a significant difference existed between the means of two groups i.e. users and non-users. The work will serve as a guide to the state in finding ways to promote the use of online payment system among women. JEL Code: M3
Keywords: Online Payment, Factor Analysis, Women, Punjab.

Scope of the Article:
Online Learning Systems