India's Digital Revolution: UPI, Payment Leaders, Future Insights

In a county of snake to INDIA is on the moon. INDIA ’s massive growth has shocked the world. This research is based on the in-depth study of one of the greatest achievements of INDIA in digital payment through UPI (unified payment interface). The INDIA online payment sector is undergoing for reaching range is digital payment capturing a sizeable slice of take in recent year. The Reserve Bank of INDIA and its nodal agencies like NPCI are working hard to make digital payment INDIA goal reality nearly one billion card and more than 2 billion prepaid payment instrument such as online wallets mobile application, e wallet and digital modalities have pushed INDIA into one of world fastest growing and largest digital payment ecosystem. In fact, an exponential increase in Internet infrastructure boosted e commerce. unified payment interface popularly known as UPI is regarded as revolutionary payment solution in the market for facilitating retail digital payment. To achieve paperless and cashless economy UPI is potentially innovative way of transferring fund using a virtual payment address established by a national payment corporation of INDIA. Hence, it is needed to be assessed for its potential to contribute towards a shipment of digital economy.