How UPI Revolutionized India's Economy

Send us a text Technology is changing finance in developing countries. The Pandemic turbocharged it. With a staggering 650 million Internet users, India has been one of the biggest winners of digitization and by some degree! Just a decade ago, India’s millions of small business owners used only cash to transact. Now they use phones. This has been nothing short of a financial revolution, as Mobile payments, powered by a technology called the UPI, have more than doubled to a staggering $1 trill...