“A Study on Effectiveness of Digitalization on small businesses in Hyderabad”

Abstract

As the world is progressing towards digitalization, taking an inspiration from
technological advancements our honourable prime minister of India envisioned
implementing digital India. The objective of this is to digitalize all governmental
transactions with the help of electronic networks and improving digital literacy. This
paper covers awareness on e-Payments among street vendors and factors influencing
their usage. This study also focuses on efforts of the government for educating the
society towards e-payments. This paper is based on empirical Research conducted on
street vendors and also concentrates on factors effecting on e-payments. The research is
done using primary and secondary data. Primary data is collected from 102 respondents
by using questionnaire method with the help of Google form. In this paper we have
used graph, chart to analyse the data and SPSS software to test chi-square test. There is
no significant variance in street vendors based on demographic factors such as gender,
age, discipline of the respondent indicated by chi-square test. But there is significance
variance in street vendors perception towards e-payment based on education.