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by chintler
1665 days ago
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I took a trip last month(within India) with about ₹600 cash and returned with ₹560, with UPI for everything from chai to flight tickets. It's just so frictionless. UPI was built around mobile phones, and a significant part of the trust comes from the KYC that was enforced from the beginning for mobile connections. I'm not sure how well that process will scale across countries and across currencies. Still, with the international partnerships coming up, I'm excited for the possibilities that are presenting in the payments space. |
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