Study of UPI/BHIM Payment System in India

After the demonetization there is growth in digital payments in India. The government of India had initiative called Digital India for the transparency and quick services for the people in Republic of India. Due to Digital India initiative there is tremendous growth in use of mobile phones and internet which directly help increased growth in digital payments. The use of digital payments gives more transparency in money transactions this improves the economy of India. In last few years due to the digital payment platform by NPCI called UPI and BHIM app there is positive changes in digital payments. The objective of this research paper is to study the positive impact of UPI and BHIM app on digital payment system. This research paper focuses on the use of UPI or BHIM app by users. Primary data collected from 200 students studying in the Dr. Babasaheb Ambedkar Marathwada University, Aurangabad.