What type of study is this?

This is a Literature Review study.

An Efficacy of the Digital Payment Systems in India

View Full Paper

Ask AI

Bookmark

India's digital transactions rose significantly, reaching 2,221.9 crore transactions in FY 2021-2023, supporting robust digital payment growth.
The value of digital transactions increased by 17%, with UPI emerging as the leading payment method across India.
Secondary web-based resources were analyzed to evaluate digital payment options and their impacts on the country's financial landscape.
Future initiatives aim to enhance digital infrastructure, with an emphasis on security and inclusivity, particularly for underserved communities.

No takes yet. Share an insight, caveat, or question.

Literature review highlights strengths of digital payment systems in India, suggesting enhanced security and accessibility are crucial.

Jayaseelan et al. (2025) studied this question.

View Full Paper

Ask AI

Bookmark