Role Of Digital Platforms in Promoting Financial Inclusion: A Consumer Study in Bhavnagar City

  • Unique Paper ID: 191060
  • Volume: 12
  • Issue: no
  • PageNo: 749-757
  • Abstract:
  • Digital Platform has changed the entire process for an individual by promoting financial inclusion in terms of expanding access, lowering costs, saving time and energy, encouraging innovation, promoting financial literacy, etc. We are a citizen of Developing India and Fintech is a modern world example suitable for today’s generation. Fintech is an innovation where Financial and Technology both works hand-in-hand. Enhancing transparency led to rise in Trustability. Digital Platform has changed the table for the middle intermediaries. Now, the consumer can directly access through themselves without involving any third party or intermediaries in between. Not only this, but now-a-days there is no necessity to carry cash. Digital Platform has moulded a new shape to Finance and Technology Sector. Only implementing new technology does not mean it is perfect! Rather it comes with equal challenges as well. Cyber Fraud, Data breaches, and what not has created a question for its trustworthiness. Even its only limited urban populations. The reason behind is limited internet access and low smartphone penetration. Without having proper knowledge or being illiterate may lead you in a problem. The consequences may arise like misuse of services or you may fall into debt traps. That’s the reason why still each and every individual is not completely having faith. Adding a combination of Finance and Technology accessibility to rural and urban areas will totally drive more reach to each and every individual.

Copyright & License

Copyright © 2026 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{191060,
        author = {Dave Jasmine Bhadreshbhai and Dr. Hitesh D Vyas},
        title = {Role Of Digital Platforms in Promoting Financial Inclusion: A Consumer Study in Bhavnagar City},
        journal = {International Journal of Innovative Research in Technology},
        year = {},
        volume = {12},
        number = {no},
        pages = {749-757},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=191060},
        abstract = {Digital Platform has changed the entire process for an individual by promoting financial inclusion in terms of expanding access, lowering costs, saving time and energy, encouraging innovation, promoting financial literacy, etc. We are a citizen of Developing India and Fintech is a modern world example suitable for today’s generation. Fintech is an innovation where Financial and Technology both works hand-in-hand. Enhancing transparency led to rise in Trustability. Digital Platform has changed the table for the middle intermediaries. Now, the consumer can directly access through themselves without involving any third party or intermediaries in between. Not only this, but now-a-days there is no necessity to carry cash. Digital Platform has moulded a new shape to Finance and Technology Sector. 
Only implementing new technology does not mean it is perfect! Rather it comes with equal challenges as well. Cyber Fraud, Data breaches, and what not has created a question for its trustworthiness. Even its only limited urban populations. The reason behind is limited internet access and low smartphone penetration. Without having proper knowledge or being illiterate may lead you in a problem. The consequences may arise like misuse of services or you may fall into debt traps. That’s the reason why still each and every individual is not completely having faith. 
Adding a combination of Finance and Technology accessibility to rural and urban areas will totally drive more reach to each and every individual.},
        keywords = {Finance, Technology, Fintech, Expansion},
        month = {},
        }

Cite This Article

  • ISSN: 2349-6002
  • Volume: 12
  • Issue: no
  • PageNo: 749-757

Role Of Digital Platforms in Promoting Financial Inclusion: A Consumer Study in Bhavnagar City

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