A Study on Payment Preferences: UPI vs Credit Cards Among MBA Students

Digital payment methods have become an important part of everyday life, especially for students who regularly use online transactions for shopping, bill payments, food delivery, and other expenses. Among the various payment options available today, UPI and credit cards are the most commonly used by MBA students. This study focuses on understanding which payment method MBA students prefer more and the reasons behind their choices. UPI has become highly popular because it is fast, simple, secure, and allows instant money transfers without extra charges. It is widely used for small and daily transactions. On the other hand, credit cards provide benefits such as cashback, reward points, EMI options, and short-term credit, which can be useful for bigger purchases and planned spending. The main objective of this research is to compare UPI and credit card usage among MBA students by analyzing factors like convenience, security, spending habits, rewards, and financial awareness. The study is conducted through survey-based data collection from MBA students, and the collected information can be analyzed using statistical methods such as percentage analysis and chi-square testing. This research helps in understanding the changing payment behavior of management students in the digital era. It also provides useful insights for banks, fintech companies, and researchers to improve digital payment services according to student preferences. Overall, the study highlights how modern financial technology is influencing the spending and payment habits of future business professionals.