Status of digital payment system in India after COVID-19
by Mukesh; Mahabir Narwal
International Journal of Blockchains and Cryptocurrencies (IJBC), Vol. 4, No. 2, 2023

Abstract: Technology has changed our day to day life in all aspects. If we want to transfer our money to someone, we do not need to visit our bank. Through online transactions, we can transfer our money from one account to another. All bills and transactions can be managed by banking applications in our smartphone. For financial development, digital transformation is necessary. In 2015 to promote digitisation, the Government of India launched the Digital India Programme. Financial digitisation was accelerated by 2020 when the pandemic influenced the world. Lockdown in India brought that acceleration with various online payment methods like: UPI, bank prepaid cards, bank cards, etc. Many new users were added into digital payment during pandemic. This article provides the status of digital payment system in India and the influence of the pandemic in digitisation.

Online publication date: Tue, 08-Aug-2023

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Blockchains and Cryptocurrencies (IJBC):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com