New Delhi, Aug. 16 -- Analysis of millions of UPI transactions, reflecting the spending habits of more than 5.2 lakh salaried Gen Z users by SalarySe showed that digital payments formed the core of the generation's financial management.

From managing utility bills, recurring subscriptions and financial services, spending by India's youngest workforce is concentrated around a few core categories that support everyday living rather than the occasional big-ticket purchases, according to the study.

Piyush Bagaria, Co-founder of SalarySe in the statement noted that Gen Z in India is the first generation to manage almost every aspect of its financial life through a digital-first ecosystem. "Our analysis suggests that India's youngest salaried...