Awareness on Multiple Online Transaction Methods in Small Scale Industries Bangalore

Guru Prasad; G Vinayagamoorthi

doi:10.34293/commerce.v12i2.7342

Guru Prasad Research Scholar, Department of Commerce Alagappa University, Karaikudi, Tamil Nadu, India https://orcid.org/0009-0005-6710-2727
G Vinayagamoorthi Assistant Professor, Department of Commerce Alagappa University, Karaikudi, Tamil Nadu, India

DOI: https://doi.org/10.34293/commerce.v12i2.7342

Keywords: Online Transaction Methods, Small Scale Industries, Awareness, Bangalore, India

Abstract

This study investigates the awareness and utilization of various online transaction methods among small-scale industries in Bangalore. Results show widespread adoption of online transactions, with all respondents using such methods. A significant proportion demonstrated awareness of multiple transaction options likely NEFT, RTGS, UPI, IMPS majority conducting of transactions online. While some methods like UPI and banking cards enjoy high awareness, others like NACH and AePS require targeted promotion. Overall, the findings suggest a positive trend in the adoption of online transaction methods among small-scale industries in Bangalore, highlighting areas for further education and promotion efforts.