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Prime Minister of India Mr. Narendra Modi announced demonetisation of two high - value currency notes in the evening on 8th November, 2016 which creates chaos in the minds of Indian public. People were asked to exchange their old currencies with the banks, leading to huge queues. During that period more than 50 % people were not having bank accounts. Indian government was focusing on cash less economy by reducing cash transactions to eradicate black money. With less than 50 % people depend on limited banking usage and other means of bank transactions. Indian economy is basically depending more on cash based transactions. More than 95 % of the transactions are accounted through cash. The businessmen did not use card readers to accept digital payments, 85 % of the people were getting their payments in cash, and more than 50 % people were not having bank accounts. As this move the people have entered in new era of Digital payments. This is also known as “e- Wallet”, means transfer of money through electric means or different online service providers. Digital payments refers to purchase of goods or services online using different devices such as computer, smart phones, and other electronic devices. Thus the present paper focuses to understand the journey of digital payments and its future in India.