Role of Digital Payment Systems in Financial Inclusion (Google Pay, Paytm, PhonePe)
Author : Shardul D Nichit
Abstract :
The rapid expansion of digital payment systems has transformed the landscape of financial inclusion in India. Platforms such as Google Pay, Paytm, and PhonePe have made financial transactions faster, after & more accessible to individuals across urban & rural areas. This study examines the role of these digital payment platforms in promoting financial inclusion by analyzing their impact on accessibility, convenience, & user adoption. This research highlights how technological innovation & government initiatives have encouraged digital literacy & reduced dependency on cash based systems.
Keywords :
Digital Payment System, Financial Inclusion, Google Pay, PhonePe, Cashless Economy, UPI, User Adoption.
