Dear Students,
Get fully solved assignments by professionals providing since 2012 — trusted by over 10,000+ students!
100% plagiarism-free or your money back!
Send your queries to: help.mbaassignments@gmail.com
( Call/WhatsApp: 08263069601
Fast, reliable, and guaranteed quality!
Digital Payments
Jun 2025 Examination
PLEASE NOTE: This assignment is application based, you have to apply what you have learnt in this subject into real life scenario. You will find most of the information through internet search and the remaining from your common sense. None of the answers appear directly in the textbook chapters but are based on the content in the chapter
Q1. Discuss how digital payment systems like UPI and e-wallets contribute to the development of a cashless economy. Consider a scenario where a local market vendor in Mumbai transitions from accepting only cash payments to integrating UPI and e- wallet payments, based on the scenario, explain the key features of UPI and e-wallets that enable their this widespread adoption. (10 Marks)
Q2. Evaluate the security measures involved in digital payment processing, analyze their effectiveness in preventing fraud, and propose potential improvements to enhance their robustness. Provide specific examples of common fraud attempts and how current security measures address them. (10 Marks)
Q3A. Describe the process of digital payment processing, highlighting the roles of different parties involved, by applying it to a real-world scenario such as booking a flight ticket online. Explain the steps involved from the moment the customer initiates the booking to the final settlement, and detail the specific functions of the customer, payment gateway, payment processor, issuing bank, acquiring bank, and the merchant in ensuring a secure and efficient transaction. (5 Marks)
Q3B. Analyze the common real-time problems faced during digital payment processing, such as transaction failures, security breaches, and user errors, in the context of booking a flight ticket online. Discuss the potential causes of these issues, their impact on both customers and merchants, and the measures that can be taken to mitigate these problems. Provide specific examples to illustrate your points. (5 Marks)
Dear Students,
Get fully solved assignments by professionals providing since 2012 — trusted by over 10,000+ students!
100% plagiarism-free or your money back!
Send your queries to: help.mbaassignments@gmail.com
( Call/WhatsApp: +918263069601
Fast, reliable, and guaranteed quality!