Evaluating Cash Versus Digital Payment Methods in Global E-commerce

Author(s)	Samarth Shandilya
Country	India
Abstract	This research examines the roles of cash and digital payment methods in global e-commerce, focusing on transaction efficiency, security, and consumer preferences. While digital payments like credit cards and digital wallets offer convenience and speed, cash remains crucial in regions with limited technology due to its universal acceptance and privacy benefits. Despite growing digital payment adoption, cultural factors still favor cash in certain areas. The paper concludes that a balanced approach, integrating both payment methods, is essential for businesses to cater to diverse global consumer needs.
Keywords	Cash payments, Digital payments, E-commerce, Transaction efficiency, Consumer preferences, Payment security, Technological infrastructure, Digital wallets, Cultural factors, Global commerce
Published In	Volume 6, Issue 6, November-December 2024
Published On	2024-11-07
Cite This	Evaluating Cash Versus Digital Payment Methods in Global E-commerce - Samarth Shandilya - IJFMR Volume 6, Issue 6, November-December 2024. DOI 10.36948/ijfmr.2024.v06i06.29489
DOI	https://doi.org/10.36948/ijfmr.2024.v06i06.29489
Short DOI	https://doi.org/g8qfw6

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