India's User-Friendly UPI System Leaves German Minister Fascinated | Watch His Reaction

[NG Missile Vessels]

India’s Unified Payments Interface (UPI) often earn praise for its efficiency and user-friendly mechanism. The latest to join the list was Germany’s Federal Minister for Digital and Transport, Volker Wissing who was fascinated while making UPI payment.

The video of the German minister making payment using a scan code was shared by the German Embassy in India which termed UPI, one of India’s success stories.

https://twitter.com/x/status/1693256336824574425

“One of India’s success stories is digital infrastructure. UPI enables everybody to make transactions in seconds. Millions of Indians use it. Federal Minister for Digital and Transport was able to experience the simplicity of UPI payments first-hand and is very fascinated," the embassy’s X handle shared on the microblogging platform.

Wissing arrived in India to attend the G20 Digital Ministers Meeting in Bengaluru. On August 18, Wissing arrived in Bengaluru to participate in G20 Digital Ministers Meeting.

Unified Payments Interface (UPI) is a digital mode fast payment system developed in India. It facilitates consumers to make round-the-clock payments instantly, using a Virtual Payment Address (VPA) created by the customer.

Earlier in July, Prime Minister Narendra Modi announced that India and France have agreed to use Unified Payments Interface (UPI) payment mechanism. Apart from France, Sri Lanka, UAE, and Singapore have also partnered with India on emerging fintech and payment solutions.

India's User-Friendly UPI System Leaves German Minister Fascinated | Watch His Reaction - News18

Earlier in July, Prime Minister Narendra Modi announced that India and France have agreed to use Unified Payments Interface (UPI) payment mechanism

www.google.com

 

[protean]

View attachment 947240
India’s Unified Payments Interface (UPI) often earn praise for its efficiency and user-friendly mechanism. The latest to join the list was Germany’s Federal Minister for Digital and Transport, Volker Wissing who was fascinated while making UPI payment.

The video of the German minister making payment using a scan code was shared by the German Embassy in India which termed UPI, one of India’s success stories.

https://twitter.com/x/status/1693256336824574425

“One of India’s success stories is digital infrastructure. UPI enables everybody to make transactions in seconds. Millions of Indians use it. Federal Minister for Digital and Transport was able to experience the simplicity of UPI payments first-hand and is very fascinated," the embassy’s X handle shared on the microblogging platform.

Wissing arrived in India to attend the G20 Digital Ministers Meeting in Bengaluru. On August 18, Wissing arrived in Bengaluru to participate in G20 Digital Ministers Meeting.

Unified Payments Interface (UPI) is a digital mode fast payment system developed in India. It facilitates consumers to make round-the-clock payments instantly, using a Virtual Payment Address (VPA) created by the customer.

Earlier in July, Prime Minister Narendra Modi announced that India and France have agreed to use Unified Payments Interface (UPI) payment mechanism. Apart from France, Sri Lanka, UAE, and Singapore have also partnered with India on emerging fintech and payment solutions.

India's User-Friendly UPI System Leaves German Minister Fascinated | Watch His Reaction - News18

Earlier in July, Prime Minister Narendra Modi announced that India and France have agreed to use Unified Payments Interface (UPI) payment mechanism

www.google.com

India is better than US in terms of digital payments. Although we use credit cards here for all our payments. India's solution is much better as in it doesn't leave us indebted and make us prone to spend more than what we have.

 

[JohnyD]

India is better than US in terms of digital payments. Although we use credit cards here for all our payments. India's solution is much better as in it doesn't leave us indebted and make us prone to spend more than what we have.

Credit card is thing of the past in my opinion, i really dont remember when last time i had used them in last 3-4 years...

 

[ProudThamizhan]

India is better than US in terms of digital payments. Although we use credit cards here for all our payments. India's solution is much better as in it doesn't leave us indebted and make us prone to spend more than what we have.

this is very true.
It is not limited to payments; when I am in India I am able tfr funds from bank accounts within a few minutes and large amounts within a few hours. In the US I don't know why it has to go thru overnight ACH clearing etc and not in real time.

 

[legacytiger18]

This is the only thing where INDIA is leading the world , but, we shud all be proud of it, and continue to do better things in FinTech

 

[Sinnerman108]

Credit card is thing of the past in my opinion, i really dont remember when last time i had used them in last 3-4 years...

You wealth .. is just a database entry ...

Think closely about it.