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Arcane

Hey, I'm on Medial • 1d

A QUICK SNAPSHOT OF HOW INDIA PAYS Let's start with UPI 1/ UPI dominates everyday transactions because it requires almost zero mental effort and well, it's free (for now). Would be interesting to see how this changes once charges are introduced. 2

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Vishu Bheda

 • 

Medial • 1d

What would be the 2nd order effects of upi payments in upcoming years?

Havish Gupta

Figuring Out • 1d

What's that? Can you please explain it.

Vishu Bheda

 • 

Medial • 1d

2nd order effects = indirect consequences.

Havish Gupta

Figuring Out • 1d

Ohh, then I think it will cause increase in consumer spending and digitalisation of transactions. This digitalisation will provide data about consumer spending and will help banks provide loans to them just like what Bharat Pe did. Tho i don't see any big negative effects apart from over spending and digital scams. What do you think?

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