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A comment on UPI Payments: 10B Transactions a Month Done, Next Stop 100B. Parent comment

Re:UPI Payments: 10B Transactions a Month Done, Next Stop 100B by vinay_ys on Sunday September 03, 2023 @07:16AM (#37369468)
That's because you are used to and expect card frauds. In UPI, the only way money leaves your bank is if you enter your PIN. Even standing instructions (called payment mandates) are required to notify you before they execute and you can stop/cancel it at anytime. (like Apple App Store subscriptions, but for everything!).
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Re:UPI Payments: 10B Transactions a Month Done, Next Stop 100B by pb7 on Sunday September 03, 2023 @05:28PM (#37374789)
What happens when you buy or order something online and it doesn’t come, is broken, they won’t take it back, or a myriad of other situations? That’s fraud.
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