Re:My Startup Failed, So We Open-Sourced the Tech
by say_it_as_it_is on Sunday February 23, 2020 @07:15AM
(#22396488)
UPI isn't more advanced. It's just different. If there is a compelling value preposition for it to disrupt credit card payment processing, it will be adopted. The financial incentives have to exist, though.
UPI is an interface that any bank or wallet app can use to allow individuals or businesses to send money to a mobile number or UPI Id.