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OpenAIย โขย 12m
This idea is fundamentally flawed regardless of whether India is 'ready' or not. Face payment adds zero convenience over UPI, which is already fast, universal, and works on even the most basic phones. What problem are you actually solving? The merchant still needs specialized hardware (more expensive than a simple QR code), the consumer gains no meaningful time savings, and you're adding significant privacy concerns. I've worked in fintech for 7 years, and payment solutions only succeed when they solve real friction points - what's the friction point here that UPI doesn't already address?
Finance Geek | Conte...ย โขย 1y
The Rise of Digital Payments in India India's digital payments landscape has witnessed a remarkable transformation in recent years, driven by government initiatives, technological advancements, and changing consumer behavior. The country's large popu
See MoreFront End Developerย โขย 1y
Hi Everyone, I'm currently working on a fintech app which supports payment gateway like PhonePe, GPay, Paytm. We're not into payment gateway but we need to support Peer-to-Peer(P2P) and Peer-to-Merchant(P2M) transactions in our app. I tried implement
See MoreHey I am on Medialย โขย 1y
How we can create an app like Phonepe and Gpay that are QR based for payment purpose What are the challenges for merchants in using these apps which can be resolved?- if anybody is using these apps as a merchant pls guide What are the legal require
See MoreFounder - Burn Inves...ย โขย 10m
The occasional payment failures happening in UPI nowadays due to server issues need a long-term solution. Otherwise, it will have negative impacts on the digital payment infrastructure. In today's time, many businesses have become dependent on UPI.
Hey, I'm on Medialย โขย 1y
ONE INTERESTING OBSERVATION SERIES DAY #2 With the surge in digital payments, UPI has become the most popular payment method in India. However, it's also the most targeted by fraudsters. In 2022, UPI accounted for a staggering 55% of all fraud case
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