Contact Us
Journal Statistics & Approval Details
Recent Published Paper
Our Author's Feedback
 •  SJIF Impact Factor: 8.067       •  ISRA Impact Factor 7.894       •  Hard Copy of Certificates to All Authors       •  DOI by Crossref for all Published Papers       •  Soft Copy of Certificates- Within 04 Hours       •  Authors helpline No: +91-8813907089(Whatsapp)       •  No Publication Fee for Paper Submission       •  Hard Copy of Certificates to all Authors       •  UGC Approved Journal: IJRASET- Click here to Check       •  Conference on 18th and 19th Dec at Sridevi Womens Engineering College     
ISSN: 2321-9653
Estd : 2013

Ijraset Journal For Research in Applied Science and Engineering Technology

Impact of UPI on Spending Patterns of Consumers

Authors: Pranav S Chawla

DOI Link: https://doi.org/10.22214/ijraset.2025.75885

Certificate: View Certificate

Conclusion

UPI has significantly transformed consumer financial behavior in India. The research clearly shows an increase in spending frequency, digital transactions, and impulsive purchases. Young users, in particular, show strong dependency on UPI for day-to-day expenses due to its ease and speed. However, the study also highlights issues such as overspending, lack of budgeting discipline, and occasional transaction errors. Despite these challenges, UPI continues to dominate the digital payments ecosystem and reshape consumer spending patterns in profound ways.

References

[1] Rasna TPP & Susila S (2021). Study on preferences and comparative analysis of UPI usage in rural and urban Kannur. [2] Parulben Dipsinh Zala (2021). A Study of Awareness & Perception about Digital Payments in Selected Cities of Gujarat. [3] Rajbir Saha (2021). Use of Digital Payments during COVID-19 with focus on E-Wallet users in Guwahati. [4] Sunny Gupta & Dinesh Chand (2021). Consumers’ Perception towards Unified Payments Interface. [5] PoornaPushkal C & Pappeswari C (2021). A Study on Awareness and Customer Satisfaction of UPI for Digital Payments (Ambasamudram area). [6] Venkata Siva Kumar S & Ch. Kavya (2020). Role of Unified Payment Interface in Digital Banking Services – An Empirical Study on User Perceptions. [7] Gupta & Kumar (2020). Review of UPI Technology, Design, Operation, and Comparison with Other Digital Payment Modes. [8] Jibin SR (2020). Customer Perception towards Cashless Digital Payments in the Present Scenario. [9] Elina Kanungo & Sonalika Pati (2020). Customer Preferences in Payment Method Adoption during the COVID-19 Lockdown. [10] Balasubramanian M & Amanullah K.M. (2019). Mobile Banking and its Evolution in the UPI Era.

ijraset75885

Download Paper

Paper Id : IJRASET75885

Publish Date : 2025-11-28

ISSN : 2321-9653

Publisher Name : IJRASET

DOI Link : Click Here

Whatsapp Submit Paper Online