UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 10 Issue 8
August-2023
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2308657


Registration ID:
524063

Page Number

g537-g541

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Title

DIGITAL PAYMENT SYSTEM AND ITS IMPACT ON INDIAN ECONOMY

Abstract

India, a nation of considerable magnitude, ranks as the second-largest country globally, boasting a population of over 1.3 billion individuals, which accounts for approximately 18% of the total worldwide population. India is the country with the second highest population. The implementation of a digital payment system is important in order to address the financial requirements of an expanding population. This only factor guarantees success. The primary objective of the 2015 Digital India initiative was to transform India into a technologically advanced and information-driven economy. The strategy places significant importance on digital infrastructure as an essential utility, governance and services that can be accessed as needed, and the empowerment of individuals via digital means. The primary objective of the plan is to facilitate the provision of high-speed Internet connectivity, mobile phone access, bank account services, real-time online and mobile platform services, cashless financial transactions, digital literacy, and digital resources throughout the whole country. The goals of the programme will be achieved. The present research investigates the use and impact of digital payment systems on the economy of India. The study encompasses both aspects.

Key Words

Digital payment, Digital Banking, Indian Economy

Cite This Article

"DIGITAL PAYMENT SYSTEM AND ITS IMPACT ON INDIAN ECONOMY ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 8, page no.g537-g541, August-2023, Available :http://www.jetir.org/papers/JETIR2308657.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"DIGITAL PAYMENT SYSTEM AND ITS IMPACT ON INDIAN ECONOMY ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 8, page no. ppg537-g541, August-2023, Available at : http://www.jetir.org/papers/JETIR2308657.pdf

Publication Details

Published Paper ID: JETIR2308657
Registration ID: 524063
Published In: Volume 10 | Issue 8 | Year August-2023
DOI (Digital Object Identifier):
Page No: g537-g541
Country: jhunjhunu, RAJASTHAN, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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