India’s Prime Minister Shree Narendra Modi announce demonetization of Rs. 500 and Rs. 1000 on 8th November, 2016. At that time, that is not possible to provide currency notes in all over India. So, people use UPI and Plastic money such as credit card, debit card for payment. The purpose of this research paper is evaluating the impact of UPI and Plastic money in online digital payment system in India. In this research paper, researcher research about the impact of UPI and Plastic money in digital payment system in India. Researchers use secondary data for collect information such as journals, magazines, websites etc. Finding of this paper is UPI and plastic money both have positive and negative impact on digital payment. UPI is more popular in India.