A Case Study on The Rise and Downfall of Paytm and its Impact in Indian Digital Payment service.

Author(s)	SAI RAMAKANTH T
Country	India
Abstract	• After Demonetization, the Role of the Banking sector provided an easier way of digital payment, the concept of UPI ensured a significant and cost-effective way of transferring money from one person to another. Mobile phones, Technological innovations, and In-ternet communications provided paperless Transactions. To provide an effective Pay-ment Mechanism NPCI (National Payment Corporation of India) has been established for the control of UPI operations in India. The Government of India under The Ministry of Fi-nance ensures the Potential Contribution to the Digital economy. This Book chapter shall explain the Rise and Downfall of Paytm and Its Subsidiary Paytm Payments Bank and Its Impact in India.
Keywords	Digital Economy, Digital Payments- Retail sector , UPI , RBI , NCPI
Field	Sociology > Banking / Finance
Published In	Volume 6, Issue 3, May-June 2024
Published On	2024-05-14
Cite This	A Case Study on The Rise and Downfall of Paytm and its Impact in Indian Digital Payment service. - SAI RAMAKANTH T - IJFMR Volume 6, Issue 3, May-June 2024. DOI 10.36948/ijfmr.2024.v06i03.20172
DOI	https://doi.org/10.36948/ijfmr.2024.v06i03.20172
Short DOI	https://doi.org/gtt8tk

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