Author: Dr. Priya D. Gedam
DOI Link: https://doi.org/10.70798/Bijmrd/04031011
Abstract: The present study examines looks into how digital payments affect financial access in Maharashtra. Its goal? To check whether tools like UPI, mobile banking, or e-wallets help more people use official money services. It uses a mix of description and analysis, pulling from first-hand info plus existing sources. Data came directly from 200 individuals via organised surveys handed out across chosen city and village spots there. Other details were pulled from RBI papers, NPCI records, state documents, along with related studies. Statistical methods like percent calculations, averages, or chi-squared checks helped examine the data. Results show digital payments boost financial access by making bank services easier to reach, simplifying transactions, also increasing involvement in official finance networks. Still, problems including poor tech knowledge, weak internet links, or safety worries act as big roadblocks especially in villages. Researchers found better online setups plus stronger money and tech education must happen if full financial access is to take root across Maharashtra.
Keywords: Digital Payment Systems, Financial Inclusion, UPI, Maharashtra, Digital Literacy, Cashless Transactions.
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