Скачать или смотреть Nobody told you this about UPI ! | How UPI started and how it revolutionised Indian economy?

Unified Payments Interface (UPI) is an instant real-time payment system developed by National Payments Corporation of India (NPCI). The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. UPI is powered by Immediate Payment Service (IMPS). It is regulated by the Reserve Bank of India (RBI) and works by instantly transferring funds between two bank accounts on a mobile platform.

As of February 2022, there are 304 banks available on UPI with a monthly volume of 4.52 billion transactions and a value of ₹8.26 lakh crore (US$110 billion).

But wait, there's more to UPI then just big numbers and glorified success!
In this video we will talk about all the bright and DARK sides of this system.

So stick till the end to know more about it.

Thanks for watching!