Digital Payment Systems A Way to Protect One Another From Coronavirus
Keywords:
COVID-19, Digital Payment, Corona Virus, Social DistancingAbstract
Every nations in this world is suffering from pandemic of COVID-19. COVID-19 started from Wuhan, China and now it is everywhere in the world. Social distance and hand-wash are two methods to prevent ourselves from this virus. The world is experience lockdown even though we are buying our daily needs and making payment for such items. Cash transfer process requires involvement of our hand to exchange and this process increases chances of spread of COVID-19. This study will explore the various expert’s advices and elaborate experiments on the process of spread of corona virus. This paper will also show how digital payment process prevent spread of contagious virus corona. The paper is literature based and findings have been made from secondary sources. The comments of doctors, experts, and scientists have been collected from new articles and websites. The finding of study shows the social distancing is best way to protect each other from COVID- 19 and digital payment helps us to maintain social distancing during purchasing.
Downloads
References
P. P. Patil, Y. K. Dwivedi, and N. P. Rana, “Digital Payments Adoption: An Analysis of Literature,” in Digital Nations -- Smart Cities, Innovation, and Sustainability, 2017, pp. 61–70.
G. Papadopoulos, “Chapter 7 - Blockchain and Digital Payments: An Institutionalist Analysis of Cryptocurrencies,” in Handbook of Digital Currency, D. Lee Kuo Chuen, Ed. San Diego: Academic Press, 2015, pp. 153–172.
N. Asokan, P. A. Janson, M. Steiner, and M. Waidner, “The state of the art in electronic payment systems,” Computer (Long. Beach. Calif)., vol. 30, no. 9, pp. 28–35, 1997, doi: 10.1109/2.612244.
S. Brijesh, “Adoption of digital payment systems in the era of demonetization in India: An empirical study,” J. Sci. Technol. Policy Manag., vol. 10, no. 1, pp. 143–171, Jan. 2019, doi: 10.1108/JSTPM-07-2017-0033.
G. o. India, “Government of India,” 4 january 2017. [Online]. Available: http://cashlessindia.gov.in/digital_payment_methods.html.
CIO Journal, “Digital Payments Soar Amid Coronavirus Restrictions,” 23 january 2020. [Online]. Available: https://www.wsj.com/articles/digital-payments-soar-amid- coronavirus-restrictions-11585005215.
Economic Times, “Govt encouraging people to avoid using cash to stop coronavirus transmission,” 19 March 2020. [Online]. Available: https://economictimes.indiatimes.com/news/economy/policy/govt-encouraging- people-to-avoid-using-cash-to-stop-coronavirus-transmission/articleshow/74698539.cms?from=mdr.
Business Today, “Govt wants people to stop cash transaction to prevent coronavirus,” 19 March 2020. [Online]. Available: https://www.businesstoday.in/current/economy- politics/govt-wants-people-to-stop-cash-transaction-to-prevent- coronavirus/story/398626.html.
K. Rooney, “Electronic payments look more appealing as people fear cash could spread coronavirus,” 16 March 2020. [Online]. Available: https://www.cnbc.com/2020/03/16/electronic-payments-look-more-appealing-as- coronavirus-spreads.html.
S. Khosla, “Impact of Coronavirus on the digital payments segment in India,” 27 March 2020. [Online]. Available: https://www.dqindia.com/impact-coronavirus-digital- payments-segment-india/.
S. Cruickshank, “EXPERTS DISCUSS COVID-19 AND WAYS TO PREVENT
SPREAD OF DISEASE,” 17 March 2020. [Online]. Available: https://hub.jhu.edu/2020/03/17/coronavirus-virology-vaccine-social-distancing- update/.
WHO, “Coronavirus disease (COVID-19) advice for the public,” February 2020. [Online]. Available: https://www.who.int/emergencies/diseases/novel-coronavirus- 2019/advice-for-public.
P. Pani, “NPCI urges India to use digital payments to prevent Covid-19 spread,” 25 March 2020. [Online]. Available: https://ibsintelligence.com/ibs-journal/ibs- news/npci-digital-payments-covid19-upi/.
J. Dickler, “Germ-ridden cash may boost use of contactless payments,” 19 March 2020. [Online]. Available: https://www.cnbc.com/2020/03/18/germ-ridden-cash-may- boost-use-of-contactless-payments.html.
S. Reddy, “How to Practice Social Distancing as the Coronavirus Spreads,” 23 January 2020. [Online]. Available: https://www.wsj.com/articles/how-to-prepare-for-the- coronavirus-11582834561.
ICMR, “COVID-19,” 28 March 2020. [Online]. Available: https://www.icmr.nic.in/node/39071.
K. A. Ian M. Mackay, “How long coronavirus survives on surfaces - and what it means for handling money, food and more,” 2020. [Online]. Available: https://www.weforum.org/agenda/2020/03/this-is-how-long-coronavirus-lives-on- surfaces.
Steve Cocheo, “Coronavirus Crisis: The Future of Cash, Checks, Credit Cards & Crypto,” 2020. [Online]. Available: https://thefinancialbrand.com/93845/coronavirus-crisis-covid19-sarscov2-cash- checks-crypto-solution-card-digital-payment/.
Economic Times, “Swiggy, Zomato urge customers to move to digital payments,” 26 March 2020. [Online]. Available: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/swiggy- launches-contact-less-delivery-to-beat-coronavirus- fears/articleshow/74829790.cms?from=mdr.
A. Shrivastava, “Amazon stops cash payments to curb Covid-19 spread,” 26 March 2020. [Online]. Available: https://tech.economictimes.indiatimes.com/news/internet/amazon-stops-cash-
payments-to-curb-covid-19-spread/74824221.
D. Fuscaldo, “PayPal Poised To Emerge From The COVID-19 Pandemic In A Stronger Position,” 26 March 2020. [Online]. Available: https://www.forbes.com/sites/donnafuscaldo/2020/03/26/paypal-poised-to-emerge- from-the-covid-19-pandemic-in-a-stronger-position/#16971bc36a28.
Surabhi, “Digital payments get boost amidst Covid-19 concerns,” 17 March 2020. [Online]. Available: https://www.thehindubusinessline.com/money-and- banking/digital-payments-get-boost-amidst-covid-19-concerns/article31089437.ece.
Downloads
Published
How to Cite
Issue
Section
License
You are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.
