A STUDY ON THE IMPACT OF UPI TRANSACTIONS ON THE LIVES OF WOMEN IN BHOPAL REGION

The study explores the impact of Unified Payments Interface (UPI) transactions on the lives of women in the Bhopal region. UPI, a real-time digital payment system developed by the National Payments Corporation of India (NPCI), has revolutionized financial transactions by enabling instant money transfers through mobile devices. This research investigates how UPI has influenced women’s financial autonomy, economic participation, and digital financial literacy. The study aims to assess the extent of UPI adoption among women in Bhopal, the challenges they face, and the benefits they derive from digital transactions. Key objectives include analyzing UPI's role in financial independence, spending and saving patterns, and identifying obstacles such as digital illiteracy and security concerns. The research employs a descriptive methodology, using primary data collected through structured surveys distributed to 400 women across different age groups, occupations, and income levels. The data is analyzed to identify trends in UPI adoption, financial behavior, and transaction patterns. Findings suggest that UPI transactions have significantly improved financial management for many women, enhancing their control over finances and facilitating easier access to digital payments. However, challenges such as technical issues, transaction failures, and security concerns persist. The study highlights the need for improved digital literacy programs and enhanced security features to maximize UPI’s benefits for women’s financial inclusion.