UPI: Ground realities for smaller Fintech brands
Industry experts argue that UPI still remains the domain of banks, while it has the potential to be a catalyst for smaller lending and repayments functions.
- This should ideally be the step forward for the teeming millions of customers in India for small sizes of credit.
- Ideally, UPI should be at the forefront with solutions protecting the interests of such small borrowers.
- You can accept payments using UPI and ask you to pay my bill, if you are using Phone Pe which is tied up with ICICI or Google which tied up with HDFC.