UPI and how it has enabled digital transactions in the country
The Reserve Bank of India (RBI), after the massive success of the Unified Payments Interface (UPI), has announced the linkage of credit cards and UPI. This move will position India as one of the pioneering countries in digital payments by giving the extra convenience of paying through credit. By doing so, India's economy will not only receive a boost but also extend the influence of its financial systems beyond the country.
[This article has been reproduced with permission from the Indian School of Business, India]