SYNOPSIS OF UNIVERSITY PROJECT

PROJECT TITILE:STUDY OF DIGITAL WALLET

NAME: GUPTA KANCHAN RAMCHANDRA

CLASS: TYBCOM(BANKING & INSURANCE)
ROLL NO: 1862504
 1.ABSTRACT TO STUDY OF DIGITAL WALLET:
.

A digital wallet is a system that securely stores users “payment” information and
passwords for numerous payment methods and websites. By using a digital wallet,
users can complete purchases easily and quickly with near-field communications
technology. They can also create stronger passwords without worrying about
whether they will be able to remember them later.

Digital wallets can be used in conjunction with mobile payment systems, which
allow customers to pay for purchases with their smartphones. A digital wallet can
also be used to store loyalty card information and digital coupons.

Paytm, owned by One97 Communications, is a digital payments platform that

allows you to transfer cash into the integrated wallet via online banking, debit
cards, and credit cards, or even by depositing cash via select banks and partners.
Using the money in the Paytm wallet, you can pay for a number of goods without
using cash.

2.OBJECTIVE OF THE PROJECT:

The main objective of the project on “STUDY OF DIGITAL WALLET” is :

 To explore Paytm to the fullest.

 To explain revenue model of Paytm.

 To study various products of Paytm, such as Paytm Wallet, Paytm Payments

Bank, Paytm Mall.
 To explain Procedures involve in creating account, doing recharge, sending
money etc.
 To bring out Paytm’s success over the years.

3.METHODOLOGY OF THE PROJECT:

 The project will be prepared with the combination of theoretical knowledge as
well as practical knowledge and a blend of advices and suggestion from the
guide of the project.
 Various books, website and magazine will be scrutinized in extracting the
theoretical element. All these activities will be conducted as per the guide
consent.
 Questionnaire will be prepared for both Customer and Bank Manager for
primary data collection of the project. The data collected through primary
method will be represented Graphically and Finding and Suggestion will be
drawn.
 Finally, the project will be advantageously finished with various kinds of
experiences gained throughout.

4.CONTENT OF THE PROJECT:

 Introduction to Digital wallet
 Importance of Digital wallet
 Advantages and Limitations of Digital wallet
 Different Types of Digital wallet
 Digital wallet in India-Guidelines by RBI
  Introduction to Paytm
 Advantage & disadvantage of Paytm
 Paytm with Reference to private bank
 Data Interpretation of primary data
 Findings, Suggestions & Conclusion.
 References and Bibliography

5.SOURCES OF THE DATA COLLECTION:

The study of project is based on both Primary and Secondary collection data

Primary Data: For the purpose of Customer re-view on digital wallet primary data
will be collected from 100 customer & bank manager through questionnaire and
direct interview. Questionnaire will be prepared for both customers and bank
manager to get re-view about Paytm wallet.

Secondary data: The secondary data will be collected with the help of different
internet websites & magazines.