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Why is UPI a pivotal moment for India?
Submitted by Rahul Chari (@rchari) on Thursday, 19 January 2017
Section: Crisp talk Technical level: Intermediate
For all the talk about UPI being the wallet killer and bringing financial inclusion to the masses , the important point that nobody is talking about is the mindset change it will bring about in how we think about managing our identity when transacting online, how we think about banks when it comes to making payments and how we think about technology when it comes managing our finances. The regulator, the banks, the payment processors and the consumer will all move to a new plane of references that will enable each of these parties to build for the future. That is the reason we should celebrate UPI
Engineer and Entrepreneur. Worked in multiple domains ranging from enterprise embedded systems to consumer internet solutions for digital content delivery, ecommerce and digital payments.