Adoption Of Digital Payment Systems By The Young Generation And Its Impact On Online Transactions.

doi:N/A

Original Article | Volume 7 Issue 1 (None, 2026) | Pages 263 - 273

C. Paramasivan

Surya

Associate Professor & Research Advisor PG & Research Department of Commerce Thanthai Periyar Government Arts and Science College (Autonomous) Tiruchirappalli – 620023 (Affiliated to Bharathidasan University, Tiruchirappalli -620 024)

Ph.D. Full-Time Research Scholar PG & Research Department of Commerce Thanthai Periyar Government Arts and Science College (Autonomous) Tiruchirappalli – 620023 (Affiliated to Bharathidasan University, Tiruchirappalli -620 024)

Abstract

This study looks at how young people in India are starting to use digital payment systems like UPI. Over the last five years, India has seen a massive jump in online payments, with the total value growing from ₹40,03,653.58 Crore in 2021 to over ₹2,59,56,950.65 Crore in 2025. The research focuses on why young students and workers prefer using apps like Google Pay and PhonePe over traditional cash. By surveying 162 people, the study found that 100% of them have smartphones and internet access, which makes digital payments very easy for them. Most young people use these systems for online shopping and food delivery. While the growth is amazing, some problems like transaction failures and security worries still exist. The study concludes that while UPI is now the "backbone" of our economy, we need better internet and stronger security to make it perfect for everyone, including those in rural areas..

Keywords

UPI

Digital Payments

Young Generation

Financial Technology & Cashless Economy...

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