Native UPI raises US-China concern: 22 crore online payments are being done daily in India, know the specialty of UPI

Posted on 31st Oct 2022 12:20 pm by rohit kumar

UPI is one such Indian technology that has surprised western countries. UPI payment is being adopted not only in India but also abroad. There are 22 crore online transactions in India every day. Online payment has become very easy due to UPI. Now to buy something, you need mobile and internet, not cash. In UPI 2.O, payment is being done even without the internet. Meaning currency and transaction methods have also changed with time and Indian UPI has also done wonders in the international market due to its many merits. Currently, we use online platforms like PayPal, OFX, Western Union, and SWIFT to send money from one country to another.

 

Also Read: Recession in America: US GDP on the green mark after two consecutive quarters of decline, no recession at the moment

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