Episode notes
You think developed countries are ahead? Wait till you see what India built. 🇮🇳
UPI — India's Unified Payments Interface — is quietly one of the greatest financial innovations in modern history. Here are 5 reasons every Indian should be proud of it 👇
1️⃣ Every Indian became a bank — buy a ₹10 chai or pay ₹10 lakh for a car, the same QR code works. No card machine. No cash. No minimum.
2️⃣ Money moves in seconds — 24/7, 365 days a year. No weekends, no banking hours. In many developed countries, bank transfers still take hours or even days.
3️⃣ Small businesses won — the vegetable seller, the auto driver, the chai stall, the street vendor… all accept digital payments with nothing more than a printed QR code.
4️⃣ Almost free — UPI processed over 21 billion transactions in a single month, yet everyday transfers cost ...