How UPI has transformed India's Digital Economy ?
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How UPI has transformed India's Digital Economy ?
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The Indian economy was largely dependent on cash and other conventional modes of payment until 2016 when UPI was introduced. From the Barter system to trade through gold and silver coins, we are now in an era where we can transfer money in a few seconds. Today small vendor, an auto driver, and a taxi driver has a scan code stuck on their windshield making it easier for them to receive payment. Payment can be made by just scanning the QR code or by entering the phone no. linked to the recipient's bank account. Topics I have discussed in this Podcast 1. Introduction 2. What is UPI? 3. How UPI works? 4. Benefits of UPI 5. Conclusion
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