Impact of Digital Wallets and UPI Payments on Youths in Amravati City

ABSTRACT The rapid growth of digital payment systems has transformed the way financial transactions are conducted in India. Digital wallets and Unified Payments Interface (UPI) have become widely accepted due to their convenience, speed, and security. This research paper aims to study the impact of digital wallets and UPI payments on the youths of Amravati City. Primary data were collected from 150 respondents using a structured questionnaire. Descriptive statistics and Chi-square tests were applied for analysis. The results show high awareness and usage of UPI and digital wallets among youths. Convenience, speed, and ease of use are the major motivating factors, while transaction failures and security concerns remain key challenges. The study concludes that digital payment systems have positively influenced the financial behavior of youths and support the Digital India initiative. Keywords: Digital Wallets, UPI, Youths, Digital Payments, Amravati City