In the current era, Digital Payment plays a pivotal role in drastically altering the economic landscape, but their potential gains are not evenly disbursed between urban-rural populations. The current study examines the influence of financial education as a key to the adoption of digital payment in rustic areas and how this adoption will bridge the gap between urban - and rural income disparity. Although there is widespread digital payment all over the economy, there is still evidence of an economic gap between these two populations because of a lack of financial awareness. The ongoing study is descriptive in nature and employs secondary data. The final outcome of the study reflects there is a significant association between financial awareness and the adoption of online payment, thereby eliminating the income disparity between urban-rural populations. Thus, the government should focus on formulating policies and education awareness programs with respect to initiating online payment integration in underprivileged areas.
Financial literacy, Digital Payment, Economic gap, Urban-Rural Area
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