In the world of advanced digital transactions this paper highlights and analyze past researches to establish a link between the variables so that a defined understanding can be generated by giving much emphasis on elements mostly appearing in each study. To achieve the same the study firstly examines existing literature on digital payment and thereafter with the use of NVIVO (software for analysis of literature) interconnectedness between various variables are established in order to understand the current paradigm of digital payment system. The outcome generated is helpful as a foundation work for development of research proposition as well as has scope for validating it empirically. The results thus obtained is after analyzing the relevant research articles (sixty seven) through NVIVO which helped in generating tree map, word chart, nodes comparison, cluster analysis and word frequency.