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basiz blog

From a game-changer, to 'the' game

Dr. Sujata Seshadrinathan from Basiz Fund Services highlights the transformative impact of UPI on India's digital payments landscape. With a significant increase in transactions, UPI has contributed to a shift away from a cash-based economy, promoting transparency and tax compliance. Dr. Seshadrinathan emphasizes the potential for UPI's adoption in other markets and the role of AI in driving its success. She also acknowledges the importance of supporting technologies like e-KYC, account aggregators, and ONDC in shaping the FinTech landscape.

Source: The Economic Times