A Comparative Study of Cashless Transaction Perception Among Generation X and Y in Sagar City of Madhya Pradesh

Author(s)	Aadil Khan, Seema Badgaiyan
Country	India
Abstract	This research compares the perceptions towards cashless transactions among Generation X (individuals born between 1965 and 1980) and Generation Y (individuals born between 1981 and 1996) in Sagar City, Madhya Pradesh. It is essential for policymakers and companies to understand the variations in acceptance and perception across different generations in relation to digital payment systems, since these technologies are continuously transforming the financial industry. The main data was gathered to examine attitudes, habits, and obstacles regarding cashless transactions. The research seeks to determine whether there is a notable difference in the acceptability and usage of cashless transactions between the two generations, while also investigating possible reasons that may contribute to any observed variances. The findings might provide valuable insights for developing specific approaches to improve financial inclusion and digital literacy across various age demographics in Sagar City and similar regions.
Keywords	Cashless Transactions, Digital Payment System, Generation X, Generation Y, Perceptions
Field	Sociology > Banking / Finance
Published In	Volume 6, Issue 3, May-June 2024
Published On	2024-06-08
DOI	https://doi.org/10.36948/ijfmr.2024.v06i03.22140
Short DOI	https://doi.org/gtzjnm

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