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This research aims to explore how UPI and digital payments influence consumer spending patterns in India from 2019 to 2023.

June 12, 2026Open Access

Impact of UPI and Digital Payments on Consumer Spending Behaviour in India during 2019–2023

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The study examines the effect of digital payments on consumer spending behavior in India, highlighting significant changes due to UPI.

This research aims to explore how UPI and digital payments influence consumer spending patterns in India from 2019 to 2023.
Analyzed secondary data from RBI and NPCI reports
Examined trends in consumer behavior related to digital payments
Focused on convenience, online shopping, and spending habits
Digital payments increased transaction convenience, enhancing user experience and efficiency.
Cash dependency significantly reduced, promoting a shift to cashless transactions.
Online shopping frequency and impulse spending increased, indicating a change in consumer behavior.

Jitendra Harichandra Raut (2024) studied this question.

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