Payment systems have become a major factor in the growth of cashless and electronic payment methods. The development of mobile phones and 3G and 4G internet connectivity in India has resulted in a rapid proliferation of payment gateways. The use of online payment increases transaction transparency, helping the economic growth of the country. In an effort to expedite the transition to digital payments, a plethora of payment system advancements, including digital wallets, UPI, and BHIM applications, have recently emerged. Although recognizing the importance of fintech payment gateways, this paper analyzes their growth and extension as well as the government’s main objectives to promote digital financial inclusion through payment gateways.