Current Issue

Digital payments are a way to transfer money or digital currency between two parties using a digital device or platform. They can be made online or through mobile devices. Digital payments have revolutionized the way we transact, making it easier, faster, and more secure than traditional cash-based methods. These payments involve the electronic transfer of funds, typically using a digital device like a smartphone, tablet, or computer. This paper attempts to understand the basics of digital payments in India with an insight of all the basic terms and concepts including the widespread of digital payments in recent times. It can be absolutely concluded that this new age technology transforms the financial sector globally.