The influence of electronic payment on household consumption behavior

As a new type of payment method, electronic payment has been rapidly popularized around the world in recent years, and has had a profound impact on household consumption behavior. This paper first analyzes the current situation of electronic payment and household consumption, and expounds the theoretical research of electronic payment on the consumption level and consumption structure, and further tests the influence mechanism of electronic payment on household consumption behavior by using empirical methods. This paper provides a new perspective and thinking for the relationship between electronic payment and household consumption behavior, and provides a useful reference for the formulation of relevant policies.