How UPI Changed Money Transfers Forever! #shorts

Nikhil Kamath - Co-founder of Zerodha, True Beacon and Gruhas

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[hehe-jx]

Pandemic really helped Indians to learn and boost digital products like UPI, Video call or conference meets, Ecommerce etc.

[srikanthmandela]

UPI was conceived by the top most government officials. Let's recognise that and not incolve any party into it. The politicians just take the credit for the hard working gov officials at the top.

[sanketnandurkar]

Nandan Nilkeni the father of India's digitization ✅🙌💯

[dhruvmevada]

What about cheap internet access? I believe it played a role as well.

[shekahamedshadhik]

The podcast was all about past of UPI, FastTag. There was no talk about the future whatsoever.

Will UPI remain free forever or will charges apply soon?
Is FastTag going to be the future? Will it add tech to decide charges based on distance travelled? Will stopping at tolls be stopped ?

Also with government promoting aggregators like Paytm and Zomato and how will ONDC replace it ?

[uttarandey]

UPI soon to introduce charges for each

[cassino]

We remember what Chidambaram and Congress had to say about digital payment. So don't make it a 2013 thing ..

[VladimirTrump]

Now all these platforms started charging platform fee…..trap

[dharmesh-gupta]

UPI is built over IMPS. Instead of using the IFSC and account number here the aadhar/mobile infrastructure is used.

[quizzzz]

More than pandemic or demonetization Jio internet is the major reason for UPI use. How many would use upi if internet is 50rupees for gb.

[maheshk]

Many people doesn't understand about what is happening in this video. Let me explain this to you to make it clear ... See more

[arvindn]

And what was IMPS? Phone number and one MMID was enough for instant payment.

[TheSoccerseeker]

Pandamic changed the upi infra in kerala, people were hesitant before

[ShashijeevanMP]

Person to Person payment was there in 2002 in other parts of the world. In fact, when I was in HP we had filed for a patent application in 2003.

[manojm]

What about security and cyber crimes...?

[bvssrsguntur]

Well I still think paying by credit card in Costco and most payment systems in us than in India which requires otp and verification for every transaction

[rscsingh]

Nandan Nilekani and his expertise with the digital infrastructure of India is hugely under-appreciated.

His work has spanned both the Congress and the BJP, and almost 2 decades.

That's remarkable, at the very least. 😊❤

[abhaydymatrix]

There was also imps. Hope it does not break dream of speaker 😂😂😂😂

[doeljames]

UPI was conceived in 2013? During congress gov?

[pranavPV]

Actually Nilekani sir is wrong! UPI is easier than sending a message