How UPI has turned from a hot property to a complex maze

A deep dive into the costs and conflicts of India’s favourite digital payments system.

September 15, 202015 min
0
How UPI has turned from a hot property to a complex maze

You may also like

Internet
Story image

Who should solve the UPI Autopay menace?

The feature has attracted a whole host of startups taking people for a ride. The problem is now large enough for an efficient regulator to step in.

Economy
Story image

Are minimum balance rules out of sync with modern banking?

ICICI Bank’s steep hike in minimum balance requirements and subsequent U-turn raise questions about whether these rules can and should endure.

Internet
Story image

UPI data reveals uncomfortable trends

The latest digital spend numbers released by NPCI reveal stress in both consumption and household finances. Will the incongruence with the government’s narrative make this exercise a one-off?