Abstract

Abstract: Technology has made advances in all fields of life. When it comes to the banking and finance sector, recent technological advances introduced us to paperless transactions that can be done via any mobile device online in the comfort of our home. The country felt the desperate need for paperless transactions during the demonetization in 2016. The need to shop anywhere digitally and not always carry paper cash made people of the country slowly shift from paper mode to digital mode of payments. This gave rise to different digital platforms like Gpay, Phonepay, PayTM and others. These platforms together with banks created a seamless infrastructure to have payments done digitally. The objective of this paper is to study the impact of digital payment systems keeping students in focus and how it benefits students. Data is gathered from 500 respondents from Chikodi education district through a questionnaire and the responses were analyzed using statistical techniques.

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