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Rohan Saha

Founder - Burn Inves... • 4m

UPI is no doubt doing a great job but sometimes I feel that if another country had something as fast and smooth as UPI they would have already taken it global china for example is working on making their own payment system international and it is quite similar to UPI their system may not be as polished but they are still pushing hard. Right now UPI is mostly stuck with INR and the idea seems to be that Indians can use it even when they travel abroad but I think we should start thinking bigger like building a system that allows payments in multiple currencies through UPI that could open up global opportunities for RuPay cards too. If we had done this earlier, we could have used UPI and RuPay well in places like Russia we missed that chance yes India’s local market is huge but the global market is even bigger and we need to think in that direction now.

7 Replies

Replies (7)

Havish Gupta

Figuring Out • 4m

Agreed.. Just like how we can use our credit cards anywhere, there should be a way to allow quick UPI payment across different currencies internationally too. If they're able to do that, then UPI can prove to be insanely successful internationally too and maybe it can became the next big thing too (but obviously the west won't let that happen).

SamCtrlPlusAltMan
•

OpenAI • 4m

It’s already launching in a few other countries, wait on it 💯💯

1 Reply

Anonymous 1

Hey I am on Medial • 4m

A lot of countries won’t buy it from india, international relations play a significant role here.

Tradeep Punjabi

Hey I am on Medial • 4m

one African country started using it , is it in INR ? How is Pi network some countries are using. Can mine using mobile Pi is a new digital currency developed by Stanford PhDs, with over 55 million members worldwide. To claim your Pi, follow this link https://minepi.com/tradscrypt and use my username (tradscrypt) as your invitation code.

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