Shailesh Rastogi|Chetan Panse|Ashutosh Sharma|Venkata Mrudula Bhimavarapu
Unified Payment Interface (UPI): A Digital Innovation and Its Impact on Financial Inclusion and Economic Development
Symbiosis International University|Symbiosis International University|Symbiosis International University|Symbiosis International University
upi unified payment interface platform used especially india since 2016this paper aimed exploring upi impacting financial literacy financial inclusion economic development poor indiastructured equation modelling applied paper explore path analysis relevant construct establish relationshipa structured questionnaire interval scale administered gather data studyit found upi impacting financial literacyin addition found financial literacy significantly impacting financial inclusion turn significantly causing economic developmentmoreover significant association financial literacy financial inclusion partially mediated financial stability significant association financial inclusion economic development also partially mediated trustthe main implication study upi helping people one wayit supporting financial literacy also contributing financial inclusion economic development poor indirectlytherefore policy makers use findings study frame policies upi effectively futurethis study unique study observed linkage upi financial literacy financial inclusion economic development poor