International Journal For Multidisciplinary Research

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A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 3 May-June 2024 Submit your research before last 3 days of June to publish your research paper in the issue of May-June.

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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