UPI (Integrated Payment Interface) -New Technology of a Digital Payment: A Searching Study

India witnessed a unique Launchpad for digital payment acceptance via demonetization. Huge emphasis is laid by the Government’s reforms after demonetization on cashless transactions. The effect of demonetization is that there is a phenomenal surge in digital money payments. Digital Payment Electronic Payment system was not born now from 1980’s, since the I did not see any new technology came and became more popular than other for electronic on line payment Lets define them. In this paper the authors have studied the UPI- Unified Payment Interface method of Digital Payment here will discuss its Architecture, Technologies Concept, Operations and Parties involved in using it; also discussed about its Benefits & Challenges and Different existing UPI Apps.

@article{ijter2026212605075438,
  author = {MR. PIYUSH},
  title = {UPI (Integrated Payment Interface) -New Technology of a Digital Payment: A Searching Study},
  journal = {International Journal of Technology &  Emerging Research },
  year = {2026},
  volume = {2},
  number = {5},
  pages = {281-289},
  doi =  {10.64823/ijter.2605023},
  issn = {3068-109X},
  url = {https://www.ijter.org/article/212605075438/upi-integrated-payment-interface-new-technology-of-a-digital-payment-a-searching-study},
  abstract = {India witnessed a unique Launchpad for digital payment acceptance via demonetization. Huge emphasis is laid by the Government’s reforms after demonetization on cashless transactions. The effect of demonetization is that there is a phenomenal surge in digital money payments. Digital Payment Electronic Payment system was not born now from 1980’s, since the I did not see any new technology came and became more popular than other for electronic on line payment Lets define them. In this paper the authors have studied the UPI- Unified Payment Interface method of Digital Payment here will discuss its Architecture, Technologies Concept, Operations and Parties involved in using it; also discussed about its Benefits & Challenges and Different existing UPI Apps.},
  keywords = {UPI, NPCI, BHIM GPAY, PHONEPAY, TECHENOLOGY.},
  month = {May},
}

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