Digital payments had revolutionised the financial landscape and had paved the way for fintech’s. The Digital India week launched by, Prime Minister Narendra Modi in 2015 was a giant leap for India towards digitalisation and wherein he said: “I dream of a digital India where Mobile and E-banking ensures financial inclusion”. His vision is gradually coming to life with the new initiatives launched by the Modi-led Government. In addition to this, there are a growing number of innovative fintech companies offering various digital payment solutions, leading the total transaction value approximately to $180 million across digital payments this year, and is expected to reach $750 billion by 2022. The rapid growth in the wider acceptance is derived by the massive untapped market, consumer preferences, and the innovations in the fintech industry. Digital payments are expected to reach 80% of the country’s urban population and 90% of retail chains over the next 5 years. Post India’s demonetization phase in 2016, there have been several policy and digital infrastructure changes including Goods and Services Tax (GST), financial inclusion and new payment systems such as Aadhar-enabled payments & UPI to further boost the digital payments sector. Moreover, the reduced transaction charges and the degree of ease of cash transfers associated with the electronic fund transfers and mobile banking are taking the digital payments industry to new heights.