Professional Documents
Culture Documents
PAYMENTS
submitted in partial fulfillment of the requirements for the award of
Bachelors Of Business Administration
by
PUTTA SAI KUMAR
(39280023)
Internal Guide
Ms. SHEEBA T, M.Com, M.Phill., NET,MBA,SET
Dr. BHUVANESWARI .G
Dean – School of Business Administration
I am PUTTA SAI KUMAR ( 39280023) hereby declare that the project Report Entitled “ A
STUDY ON CUSTOMER STAISFACTION OF USAGE UPI APPS &TRANSCATIONS, PAYMENTS “
done by me under the guidance of Dr. SHEEBA T, M.com., M.Phil., NET, MBA, SET is
submitted in partial fulfillment of the requirements for the award of Bachelors of Business
Administration degree.
DATE:
PLACE: PUTTA SAI KUMAR SIGNATURE OF THE
CANDIDATE
ACKOWLEDGEMENT
I am pleased to acknowledge my thanks to Board of Management of
SATHYABAMA for their kind encouragement in doing this Project and for completing it
successfully. I am grateful to them.
I wish to express my thanks to all teaching and Non-teaching staff members of the
school of business administration who were helpful in many ways for the completion of the
project
ABSTRACT
The Unified Payments Interface (UPI) is a digital payment architecture rolled out by National
Payments Corporation of Indian (NPCI) using advanced digital payments features with
mobile phones as the main device. The objectives of this study is to know the customer
preference, level of satisfaction towards the UPI scheme and to study the problems faced by
customers in using UPI scheme. Customers are distinctly classified into the different clusters
based upon their level of satisfaction of the servicers rendered to them. For all the factors
which means that there is significant difference among the UPI Of customer based on
their level of satisfaction. The study also reveals that users of UPI have a strong positive
Satisfaction towards technology used in banking which is reflected in there adoption and
usage of the same whereas non users clearly exhibited their disinterest and ignorance in
using various technology.
2 9to 11
Review of literature
Research methodology
4 PERCENTAGE ANALYSIS 15 to 38
FINDINGS,SUGGESTIONS AND 39
CONCLUSION
5
Findings 39
Conclusion 39
APPENDIX (questionnaire) 40 to 44
CHAPTER-1
INTRODUCTION
According to the NPCI , “Unified Payments Interface (UPI) IS A System that powers multiple
bank accounts into a single mobile application , merging several banking features, seamless
fund routing & merchant payments into one hood. UPI,s overall importance came from the
intense desire and effort made by the RBI and the government to create a cost effective,
simple and safe digital payments system that will be used for the large population of the
country. The RBI along with the NPCI has made commendable efforts to spread digital
payments culture. According to the RBI, a digital payments platform should be simple , safe
and efficient while carrying out payments. Various criteria about an ideal payments system
was bought out by the RBI in its vision for a future payment system dreaming a digital
transaction economy. From this angle, a remarkable future of the UPI is that it satisfies
several criteria put forwarded by RBI payment system vision of safe, efficient, interoperable,
authorized ,accessible ,inclusive and compliant with international standards.
1.1 Advantages of UPI& Transactions& payments
1) It is a fast, hassles-free and the cheapest way to money transfer which we can do
from anywhere and at any -time.
2) UPI means simplified e-banking and online payment system.
3) It allows you to transfer funds instantly via your mobile phone.
4) You can use it for multiple purposes, including paying your utility bills or paying at
the local grocery shop.
5) You do not need to carry cash as the UPI system doubles like your digital wallet.
6) You do not need to enter the bank details for the recipient while seanding money.
7) You can also receive money by sharing your UPI ID , which is usually your mobile
phone number registered with your bank A/C.
Bank have staeted to upload their UPI enable apps on googlr play store from 25th AUGUST
2016 onwards.
As per of July 2021, UPI registered 43.25 crore (432.5 million) transactions that accounted
for rs 56,734.5 core with highest average daily transaction of approximately 10 core (100
million) that is double the amount from July 2020 . till august 2021, UPI FORMS 10% OF ALL
retail payments in india.
(UPI) means simplified e-banking and online payments system. It allows you to transfer fund
instantly via your mobile phone. You can use it for multiple purposes, including paying your
utility bills or paying at local grocery shop. You do not need to carry cash as the UPI system
doubles like your digital wallet.
(UPI) has made digital transaction for individuals as easy as sending money. Service is
available 24*7 not like RTGS or NEFT which don’t’ work on holidays or during non-banking
hours. This will bring enormous efficiency in the system and help india become a truly
cashless economy.
CHAPATER - 2
REVIEW OF LITERATURE
1- ) DR, STITCH SHEWTA RATHORE (2016)
Appropriation of cashless transaction by consumer her investigations disclose to us
computerized wallets are rapidly getting to be standard method of online instal-ment.
Customer are embracing advanced wallets at end unfathomablyquick pace, to a great extent
because of comfort and convenience.
8) Rathore (2016)
Stated that digital payment using wallet was highly convenient for consumers in purchasing
products through online without physical movements across places.
Data is collected from the users and customers of UPI apps and transactions and payments
3.1.1 Research model
in research , the model is a pictorial or graphical representation of a crucial concept. It
explains the relationship between several variables.
Sampling design : In this study sampling is doing in simple random sampling and snowball
random sampling.
Sampling Area: The study was conducted among the users and Customers of using UPI apps
and transactions and payments and its services in hyderabad city.
Null Hypothesis (Ho) There is no significant influence between the Factors Affecting on
CUSTOMER SATIFICATION OF USING UPI APPS& TRANSACTIONS & PAYMENTS.
CHAPTER - 4.4.1 PERCENTAGE ANALYSIS
TABLE 4.1 Showing the gender of the Respondents
Form the above table is. SSC 0.0% Of the per,inter 7.2%, graduation 75.5%, post graduation
15.1%, PHD 0.0%
4.7 TABLE , Which app do you perfer more to do transactions through UPI
This table showing the perfer more to do transactions through UPI appa is
G- pay 20.9% of people perfer to use this UPI, phone pe 74.1% of people are
perfer to use this UPI ,5.2% OF PEOPLE prefer to use this UPI AND 2.0% OF People
are prefer to use this app.,
4.8 table showing average numbers of times you well prefer to send money through UPI
PER week .
4.10 Table show a graph of , for what purpouse would you like to use UPI apps
In this table about cash back and scratch card , in 137 responses out of 52.6% are like
scratch card, & cash back
In 137 responces out of 47.4% of people are not like scratch card and cash back
4.12 table, Do you like UPI apps
In this table total 140 responses are their and 5 years are their in the 1 year 7.9% of
people are using from last 1 year
In 2nd year 7.9% of people are using from last 2 years
In 3 year 27.9% of people are using from last 3 years
In 4 year 35% of people are using from past 4 years
In 5 year 13.6% of people are using past5 years
In more then 5 years 5.7 of people are using in the past more then 5 years
Totally responses of this is 140 .
4.16 what are the problems do you faced while using UPI Transactions
CONCLUISION
The study on customer satisfactions of using UPI apps and transactions UPI is a grand step
towards making the cashless payments faster,smoother and easier. It is said that the launch
of UPI will prove to be a milestone in the transformation of modern india. It is all set to
become an efficient alternative to mobil wallets.
The customer are satisfactions with the UPI apps and digital payments mean value on bill
payment that mean customer are satisfied the UPI apps companies and have to improve
their satisfaction level through fund transfer
APPENDIX (questionnaire)
Name of the student
Your name
2) GENDER
A) MALE
B) FEMALE
3) AGE
A) BELOW 18
B) 19 YEARS- 25 YEARS
C) 26 YEARS - 35 YEARS
D) 46 YEARS - 55 YEARS
E) MORE THEN 55 YEARS
4) EDUCATION
A) SSC
B) INTERMEDIATE
C) GRADUATION
D) POST GRADUATION
E) PHD
5) OCCUPATION
A) STUDENT
B) GOVT EMPLOYEE
C) PRIVATE EMPLOYEE
D) BUSINESS PEOPLE
E) HOUSE-WIFE
F) RETIRED PEOPLE
6) ANNUAL INCOME
A) LESSTHEN 80,000
B) 80,000 - 1LAKH
C) 1 LAKH - 2LAKH
D) 2 LAKH - 5 LAKH
7) ARE YOU USING UPI TRANSACTION
A) YES
B) NO
8) WHICH APP DO YOU PREFER MORE TO DO TRANSACTIONS THROUGH UPI
A) G- PAY
B) PHONE PE
C) PAYTM
D) AMAZON PAY
9) AVERAGE NUMBERS OF TIMES YOU WELL PREFER TO SEND MONEY THROUGH UPI
PER WEEK
A) 0-2 TIMES PER WEEK
B) 2-4 TIMES PER WEEK
C) 5-6 TIMES PER WEEK
D) 7-8 TIMES PER WEEK
E) MORE THEN 10 TIMES PER A WEEK
10) WHICH IS BEST & FASTEST APP IN UPI
A) G-PAY
B) PHONE PE
C) PAYTM
D) AMAZON PAY
11) FOR WHAT PURPOSE WOULD YOU LIKE TO USE UPI APPS
A) GROCERY ITEMS
B) TO PAY ELECTRICITY BILL
C) TO DO MOBILE RECHARGE
D) WATER BILLS
E) BUSINESS TRANSACTIONS
F) HOUSE HOLD ITEMS
G) PERSONAL ITEMS (LIKE FOOT WERE,DRESS,ETC)
12 IN UPI APPS DO YOU LIKE SCRATCH CARD&CASHBACK
A) YES
B) NO
13 DO YOU LIKE UPI APPS
A) YES
B) NO
14 HOW LONG ARE YOU USING THE UPI APPS
A) 1 YEAR
B) 2- YEARS
C) 3- YEARS
D) 4 - YEARS
E) 5 - YEARS
F) MORE THEN 5YEARS
15 HOW DID YOU GET TO KNOW ABOUT UPI APPS
A) THROUGH BANK STAFF
B) THROUGH FRIENDS
C) THROUGH ADVERTISEMENT
D) THROUGH RELATIVES
E) OTHER SOURCES
16 LEVEL OF SATISFACTION TOWARDS USING UPI
A) DISSATISFIED
B) SATISFIED
C) VERY MUCH SATISFIED
17 WHAT ARE THE PROBLEMS DO YOU FACED WHILE USING UPI TRANSACTIONS
A) NETWORK PROBLEM
B) PENDING TRANSACTIONS
C) SECURITY PROBLEMS
D) OTHERS
18 WOULD YOU RECOMMEND UPI APPS TO YOUR FRIENDS AND RELATIVES
A) YES b NO
19 DO YOU WANT ANY UPDATES IN UPI APPS
A) YES
B) NO
20 YOUR OPINION ABOUT SERVICES OF UPI
A) VERY GOOD
B) GOOD
C) POOR
21 DO YOU LIKE TO GIVE ANY SUGGESTIONS ON USING UPI APPS ANS) WRITE YOUR
SUGGESTIONS ON UPI