The Influence of Corona Virus Pandemic on the Indian Digital Payments Ecosystem


Authors : Dr. Aashish S. Jani; Kayzad F. Dadachanji

Volume/Issue : MMK:ACE-2023

Google Scholar : http://tinyurl.com/y56ae6du

Scribd : http://tinyurl.com/4c6y6shc

DOI : https://doi.org/10.5281/zenodo.10473055

Abstract : The Corona virus pandemic in India resulted in lockdowns and restrictions which led to more and more people resorting to digital modes of payment as it was safer. This research paper attempts to study the influence that Covid 19 is having on the Digital Payment Sector in India. Also, the challenges faced by the Digital Payment Sector has been highlighted in the paper. Further, certain suggestions have been provided for retaining the existing users of digital payments mode and also attracting new people to adopt digital payment modes so that the goal of “Digital India” in true sense is achieved.

Keywords : Covid 19, Digital Modes of Payment, Indian Economy.

The Corona virus pandemic in India resulted in lockdowns and restrictions which led to more and more people resorting to digital modes of payment as it was safer. This research paper attempts to study the influence that Covid 19 is having on the Digital Payment Sector in India. Also, the challenges faced by the Digital Payment Sector has been highlighted in the paper. Further, certain suggestions have been provided for retaining the existing users of digital payments mode and also attracting new people to adopt digital payment modes so that the goal of “Digital India” in true sense is achieved.

Keywords : Covid 19, Digital Modes of Payment, Indian Economy.

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