Changes in technology brings in changes in the way we live and that holds true for every aspect of human living. With such change in technology our banking habits and needs have evolved as well. And the paper throws light on some interesting recent data siphoned from the rbi reports. We studied the dynamics of modern credit payment systems in terms of their volume and values on year-on-year basis from 2018 -19 to 2022-23. The data indicated some interesting revelations as to how successful the modern child of digital banking namely UPI really is and how all the credit payments faired against each other in this technological race. Some thrived and grew and some even went extinct. We also see how NEFT payment system has been so potent in carrying retail transactions of larger absolute amount. Overall, a great picture is seen on all round basis for the development of India and its financial inclusion of larger population.