Affiliation:
1. School of Commerce & Management Studies, Sandip University, Nashik, Maharashtra, India
Abstract
Introduction: The research aims to discuss the effect of digital payments and financial solutions on improving financial inclusion in the present world. It has been observed that the significance of fintech solutions is increasing in the present so it helps improve financial inclusion.
Literature Review: The fintech solution is considered significant for improving financial inclusion and it also faces challenges such as lack of expertise, lack of data security, and government interference.
Methodology: The paper uses “primary quantitative data” to understand the improvement of financial inclusion using fintech solutions. It uses data from 55 users of fintech solutions gathered through survey questionnaires from the respondents of the research.
Findings: The study found a positive and significant impact of fintech solutions and digital payment on financial inclusion.
Discussion: The results of the research portrayed a positive impact of fintech solutions and digital payment on financial inclusion and no impact of technological advancement on financial inclusion.
Conclusion: The research concluded that fintech solutions and digital payments are significant for financial inclusion
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