The world is changing as new technology is coming into the market. The course of technology is changing in the market as there is huge competition between private industries. To increase the number of customers these industries are constantly adapting facilities to make things easy for customers. Digital payments are transactions made by a person easily in a paperless method. Some examples of this are credit cards, debit cards, E-cash, etc. This reduces the usage of cash. The Indian Bangalore recorded the highest number of digital transactions in 2022, about 29 million, followed by metropolitan cities Delhi with 19.6 million, and Mumbai with 18.7 million. A report named India Digital Payment Annual Report 2022 of Worldline it was pointed out that 74.05 billion transactions took place through UPI which was double the amount given in the 2021 report . In 2022, digital payment took a height of crossing over 149.5 trillion worth of digital transactions, which was expected to grow in 2023. With the rise of internet awareness throughout the country people are also wildly accepting the E-Payment system. This paper attempts to inform the reader about the subject matter and its legalities.
