INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016
open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15
Shaping the Future of Financial inclusivity: A critical analysis of the recent innovations of the Unified Payments Interface (UPI)
Authors Name:
Arka Chaudhuri
Unique Id:
IJSDR2310093
Published In:
Volume 8 Issue 10, October-2023
Abstract:
This paper aims at assessing the growth strategies of the UPI and its progression in the Indian digital retail space and the sustainability of these initial unique-selling-points while also pointing out spaces of potential for vast social impact to further both financial inclusivity and well-being. This paper was compiled after exploring secondary sources and by applying strengths, weaknesses, opportunities, and threats (SWOT) approach. SWOT (Strengths, Weakness, Opportunities and threats) analysis is the primary framework utilized in the analysis of the positioning of the inclusion of credit-lines as a feature of the Unified Payment Service in the Indian credit segment keeping in mind Internal and external factors as well as present and future propositions for developments, as divided into Strengths, Opportunities alongside Weakness and Threats regarding credit lines and their inclusion in the package of the Unified Payments Interface, using primarily secondary data sources and logical inferences that can be drawn from them.
Keywords:
UPI, Digital Payment, retail payments, digital transaction, UPI
Cite Article:
"Shaping the Future of Financial inclusivity: A critical analysis of the recent innovations of the Unified Payments Interface (UPI)", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.8, Issue 10, page no.559 - 570, October-2023, Available :http://www.ijsdr.org/papers/IJSDR2310093.pdf
Downloads:
000338719
Publication Details:
Published Paper ID: IJSDR2310093
Registration ID:208995
Published In: Volume 8 Issue 10, October-2023
DOI (Digital Object Identifier):
Page No: 559 - 570
Publisher: IJSDR | www.ijsdr.org
ISSN Number: 2455-2631
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