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Stream/Area:
-
Subject:
-
Paper ID:
10.55041/IJSREM18093
Volume:
7 |
3 |
Mar 2023
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
The demonetization caused the use of digital payments to skyrocket. An exponential increase in the use of digital payment is possible thanks to government initiatives like Digital India and rising mobile and internet usage. More transaction transparency thanks to the shift to digital payments strengthens the nation’s economy. For a smooth transition to digital payments, various improvements have recently been made to the payment system, including the introduction of digital wallets, UPI, and BHIM apps. This research paper’s goal is to examine the benefits of payment system digitization. Indexed term- Digital Payment, Cashless, Digitalization, E- payment, financial technology, Adaptability.
KEYWORDS
Publication Date
3/15/2023
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
Funding Information
No funding information available for this research.
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