Digital_Payment_in_India_Presentation.pptx

Digital payment system, PPT presentation

1. Digital Payment in India A Presentation by Ramesh Bamanya

2. Introduction Digital payment refers to electronic transactions made without physical cash. It includes UPI, debit/credit cards, mobile wallets, and internet banking.

3. Evolution of Digital Payments • 2016: Demonetization boosted cashless economy. • 2018: UPI became the main payment method. • 2025: Over 20 billion UPI transactions per month.

4. Key Digital Payment Methods • Unified Payments Interface (UPI) • Mobile Wallets (Paytm, PhonePe, Google Pay) • Credit/Debit Cards • Internet Banking

5. UPI in Numbers (2025) • 20 billion+ transactions in August 2025. • Total value: ₹24.85 lakh crore. • 675+ banks live on UPI. • India is a global leader in real-time payments.

6. Benefits of Digital Payments • Fast and convenient. • Reduces cash handling. • Transparent and trackable. • Promotes financial inclusion.

7. Challenges and Risks • Cybersecurity threats. • Internet connectivity issues. • Lack of awareness in rural areas.

8. Government Initiatives • Digital India Campaign. • BHIM App launched by NPCI. • Cashback and reward schemes.

9. Future of Digital Payments • Use of AI and biometrics for secure payments. • Growth of e-RUPI and CBDC (Digital Rupee). • Integration with global payment systems.

10. Conclusion Digital payment has transformed the Indian economy. With innovation and awareness, India is moving towards a cashless future.