Arthamimansa – Research Journal

Edge and Ambiguity of Digital Payments in the Ambience of India

Arthamimansa
Research Journal
Publication Type Journal Article
Publication Year 2023
Author(s) Channaveerayya Hiremath , Dr. Shivakumar Deene , Bondita Saikia , Dr. Trinadh Nookathoti
Journal Name Arthamimansa Research Journal
Volume, Issue 15 , 2
Article Type Research Paper
Keywords: Digital Payments, Financial Inclusion, UPI, Digital Finance, Cybersecurity

Abstract

The study analyses the advantages and ambiguities associated with digital payment methods in India. It discusses the role of digital finance in financial inclusion, improved service delivery and economic development, while also examining problems such as cybercrime, unauthorized access, low financial literacy and inadequate digital infrastructure. The study highlights the rapid growth of digital and UPI payments and emphasizes the need for stronger security and financial literacy.