The Digital India is the Indian Governments flagship programmed with a vision to convert India into a digitally empowered country. Faceless, Paperless, Online is one of supposed function of Digital India. Governments other initiatives like BHIM and UPI are supporting in transition and faster adoption of digital payments. Electronic consumer transaction made at point of sale (POS) for services and products either through internet banking or mobile banking using smart phone or card payment are called as digital payment. Electronic Payment is a financial exchange that takes place online between buyers and sellers. The content of this exchange is usually some form of digital financial instrument (such as encrypted credit card numbers, electronic cheques or digital cash) that is backed by a bank or an intermediary, or by a legal tender. This payment system generally includes three electronic payment instruments namely, Cash, Cheque and Card. Post demonetization is electing the e-commerce sector that Cash on Delivery is gradually getting stopped and other modes of payment is replace like Card on Delivery, Net Banking, Debit Card, Credit Card etc. .Demonetization will positively help out e-commerce industry in India enhances the chance for people to go online.

KEYWORDS:  E- payment Instruments, Demonetization, Cashless Payment.