An Investigation into Women's Awareness and Comprehension of Digital Financial Services in Kerala and Delhi

Abstract

We see a huge potential to financially include and empower women on a global scale with over 80 million unbanked women in emerging nations getting government payments in cash. This study's main objective is to find out how well-informed women are about digital financial services in Delhi and Kerala. The study is crucial for improving financial literacy across various parts of the nation. A questionnaire-based survey was performed to gather responses from women, both employed and unemployed. 200 useful responses in all were gathered, 100 each from Kerala and Delhi. Data analysis methods employed included the one-sample t-test and the chi-square test. The results show that the female respondents' awareness is strongly influenced by their place of residence, occupation, and age group.