Mobile Banking Adoption Among Indian Youth - A Study With Reference To Medchal District

Mobile banking has become a crucial service in the modern era, enhancing customer satisfaction and convenience. The adoption of internet banking has significantly impacted financial services, making mobile banking an electronic option. With the rise of smartphone usage, mobile banking offers a more accessible and cost-effective alternative to traditional banking methods. This paper investigates the youth's attitude towards innovations in the banking sector, focusing on the adoption of latest technology.The banking industry is crucial for economic growth, and digital banking has become the fastest-growing financial channel. Mobile banking has developed due to the rapid use of smartphones and banking apps, allowing customers to access various banking services,including checking account balances, transferring funds&paying bills. This study examines the main factors attracting young people to online banking and the barriers they face in adopting mobile banking in the Medchal region.

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Publication Details

Journal
International Journal For Multidisciplinary Research
Published
2024-12-21
DOI
https://doi.org/10.36948/ijfmr.2024.v06i06.33633
Primary Topic
Microfinance and Financial Inclusion
Type
article
Field-Weighted Citation Impact
0.00
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article

Mobile Banking Adoption Among Indian Youth - A Study With Reference To Medchal District

Gowsya Shaik -, Hima Bindhu Vannem Reddy -
International Journal For Multidisciplinary Research
Microfinance and Financial Inclusion
article

Mobile Banking Adoption Among Indian Youth - A Study With Reference To Medchal District

Gowsya Shaik -, Hima Bindhu Vannem Reddy -
article en

Abstract

Mobile banking has become a crucial service in the modern era, enhancing customer satisfaction and convenience. The adoption of internet banking has significantly impacted financial services, making mobile banking an electronic option. With the rise of smartphone usage, mobile banking offers a more accessible and cost-effective alternative to traditional banking methods. This paper investigates the youth's attitude towards innovations in the banking sector, focusing on the adoption of latest technology.The banking industry is crucial for economic growth, and digital banking has become the fastest-growing financial channel. Mobile banking has developed due to the rapid use of smartphones and banking apps, allowing customers to access various banking services,including checking account balances, transferring funds&paying bills. This study examines the main factors attracting young people to online banking and the barriers they face in adopting mobile banking in the Medchal region.

International Journal For Multidisciplinary ResearchVol. 6(6)
Jawaharlal Nehru Technological University, Hyderabad (IN)
Decent work and economic growth
Openalex Percentile: Top 70%
Microfinance and Financial Inclusion
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Mobile Banking Adoption Among Indian Youth - A Study With Reference To Medchal District — Gowsya Shaik -, Hima Bindhu Vannem Reddy - · International Journal For Multidisciplinary Research (2024) | TGRS Research Map | TGRS