UPI - Unified Payment Interface
@allknowing (137553)
India
September 1, 2023 1:16am CST
Introduced in the year 2016 in India UPI is creating waves with over 10 billion transactions.
It is a system to transfer money from one bank to another and the smart phone has that facility Several countries have adopted this system.
Have you adopted this system. ?
5 people like this
6 responses
@Butterfingers (66583)
• India
1 Sep 23
I think they are in talks with other countries too as other countries are also planning to adopt this, not sure how much time it will take but it will be a proud thing for us
2 people like this
@allknowing (137553)
• India
1 Sep 23
If you have a smart phone you can get that facility provided your bank has it too.
2 people like this
@Butterfingers (66583)
• India
1 Sep 23
@allknowing LOL I am using it the day it startsrted but I heard news that even other countries are planning to start something like that
2 people like this
@allknowing (137553)
• India
1 Sep 23
@Butterfingers Many countries are already using it.
2 people like this
@Beestring (14675)
• Hong Kong
1 Sep 23
No, I haven't used this system. I just use my bank and Paypal to transfer money.
2 people like this
@Beestring (14675)
• Hong Kong
1 Sep 23
@allknowing I haven't issued cheques for many years.
2 people like this
@RebeccasFarm (90294)
• Arvada, Colorado
1 Sep 23
Of a sort there is something like it..but it is riddled with scam.
2 people like this
@allknowing (137553)
• India
1 Sep 23
That is quite possible. After all it is dealing with money
2 people like this
@RebeccasFarm (90294)
• Arvada, Colorado
2 Sep 23
@allknowing Yes, here it is called Zelle.
1 person likes this
