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Digitised money transactions and cultures of malling

Frauds and debt-making in New Delhi

Bibliographic Data

ID4896450
AuthorsNima Lamu Yolmo (corresponding author)
Year2014
Volume48
Issue3
Pages307-331
Publication date2014-10-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueContributions to Indian Sociology (JOURNAL)
Journal identifiersISSN: 0069-9659 • E-ISSN: 0069-9667
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0069966714540239
OpenAlexW2323026095
LanguageEN
References cited19

This article explores the sociality of digitised money transactions in the use of credit and debit cards in New Delhi. The article draws from insights in Science and Technology Studies (STS) and uses ethnographic practices to capture the complexity of digital money usage. The findings suggest that digital money and its required technological infrastructure do not operate as neutral interventions. Rather, credit cards and consumer behaviour are generated by and implicated in a range of cultural codes and practices, such as contexts for debt vulnerability and fraud. Courts, banks and the government currently appear to be behind the regulatory curve for managing these transactions which clearly seem to outpace the existing legal capacities in India. Significantly, it also emerges that credit card usage, consumer debt and digital frauds need to be grasped as linked phenomena. Money and technology, hence, I argue, operate in sociologically and politically charged contexts

Business · Commerce · Computer security · Consumer debt · Credit card · Debt · Digital currency · Ethnography · Financial transaction · Government (linguistics · Online and offline · Payment · Political science · Sociality · Sociology · Vulnerability (computing · Computer Science · Finance · FinTech, Crowdfunding, Digital Finance · Housing, Finance, and Neoliberalism · Law · Microfinance and Financial Inclusion

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Citation velocityhistorical
Highly citedNo

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