The Impact of Digital Payment Platforms on Spending Habits

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Quantitative analysis shows digital payments, including UPI and mobile wallets, influence spending habits, suggesting both benefits and risks.

Higher impulse buying is linked to digital payments, leading to potential overspending.
Cashback offers and ease of use significantly shape consumers' financial behaviors.
Findings indicate that digital payment platforms enhance financial tracking but also raise security concerns.
Recommendations aim to promote responsible digital payment usage among consumers and businesses.

Jakati et al. (2025) studied this question.

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Quantitative analysis shows digital payments, including UPI and mobile wallets, influence spending habits, suggesting both benefits and risks.