When innovation has been tried out in a country, tested and yields substantially positive results, it might be time to take it on the road. With UPI seemingly strapped to a rocket in India, it may be going global, being integrated in countries, like Singapore and France. But, is it all smooth sailing for UPI and can what worked in India work the same in another region with different settings and a different ecosystem?
In this episode of CAM Radio’s Clear Cut, Arjun Goswami, Director of Public Policy at Cyril Amarchand Mangaldas, explores the multiple layers of UPI, what the internationalization of UPI could look like, whether this may end up being the next wave of surveillance capitalism, creases to iron domestically and internationally, how India may have a monopoly with UPI currently, whether these digital payments could mean the funeral of physical cash and more.
