Pak Reacts Why U.S.A Hates UPI? UPI Vs Visa & Mastercard | USA Hates UPI | America Hate UPI | UPSC

[@prandyfriendy]

UPI is a proud Indian invention. It's ease of use and reach to the lowest levels has really made it the first choice for consumers now. I travelled across 4 states in India without having to take my wallet out of my pocket at all. Such is the penetration of UPI, from tea sellers to Medical stores, from pan shops to vegetable sellers everyone accepts UPI now.

[@KARAN5684_]

INDIAN UPI PAYMENT SYSTEM IS KILLING THE MASTER CARD SLOWLY....

[@Engisahani2111]

Slowly nahi fastly

[@nishanths3374]

I've literally stopped using Debit card and use my credit card maybe 2-3 times in a year and deactivate it very soon.

[@antrikshrock7950]

Mujhe toh pata hi nai kab mene card use kia only upi😂

[@Hazy_y]

@@nishanths3374 Never use credit cards bro it's bad habit

[@minimeguju6868]

@@Hazy_y credit card build your credit to borrow loans. You just need to spend what you can afford. No difference then spending cash. It’s your mindset.

[@Pramodsharma-uz8ix]

Even Vegetable, & Tea seller has UPI, I pay Tea charge with UPI..it's really awesome .

[@RNA80]

@Soul Feederek baar hmm bhi pay kiyea the 😂😂

[@sagoce7093]

Hum panipuri aur bhelpuri kha kr bhi upi se pay krte h

[@pritashchaudry7313]

UPI offers unparalleled convenience. Love it.

[@Atheist-Libertarian]

UPI free rahane Sarkar ko bahut fayda ho raha. 1. Cash kam hone se, cash printing ka paisa bach raha, jo bhi bahut zada hai compared to abhi government jitna spend karti hai UPI par. 2. Cash transaction ko track nahi kiya jaa sakta, digital transaction ka record hota hai, jisse Tax evasion ya money laundering me bahut kami aati hai. 3. Iske wajhe se AI based digital lending market grow ho raha. (Kyu ki isse data build ho jaata hai, and as you know Data is the fuel for AI based technology). Indirectly isse economy ko boost mill raha.

[@Vickychitti]

I dont carry Money in my wallet , even in small villages upi works,,, u just need a phone to make payment

[@PixEditWorld]

Because of the digital payment Indian Government is saving billion of rupees which used to be spent in making hard currency every year. This is the profit for the Indian Government.

[@mr.soumyasen8259]

Benefit: less currency printing cost, less duplicate notes

[@HareKrishna-zy9yx]

I am not using card since 2020. Only UPI and I am still shocked who are using card...why?

[@Maxsarkar]

I use cards seldom only when no phone with me😂😂

[@sajid1122]

With cards you get reward points and can also improve credit score.

[@nkk2518]

Thanks to UPI.....after demonetization I never go to bank. Max ATM visit once a month. because I need no wallet to carry all the time as digilocker keeps my documents safe and assesible via mobile and from street vendor, vegetable seller, pan wala, saloon even sagun in weddings accepted via UPI in India. I am totally agree & proud Indian that we can challenge the financial dominance of USA from decades. india started trade with other countries via their local currency. Great NPCI 👏👏 Jai Hind Jai Bharat

[@Pramodsharma-uz8ix]

24:22 Look, our govt letting us make Tranx at zero cost, then what's govt getting out of it ? You heard that part in this clip where he mentioned that govt spend 2% of GDP on currency printing while for letting Tranx happen at zero cost, govt spend some amount of money which goes to banks. So Govt trying to move on from printing currency and go digital which saves 2% of gdp. And also if in future govt decides even to charge, believe me, it won't affect common man due to minor charges aginst getting best service.

[@sudhirbhandare6138]

Biggest advantage is reduction in use of hard currency. Further convenience even for handling lower value transactions.

[@_kumu_ku]

Don't say, UPI needs more strength to counter master card and visa. It's already proved that USA wants to curb capitalist Monopoly. So sooner or later UPI come to centre stage

[@star-vu8mt]

90% upi payment hi hota hai abi india me mera bharat mahan jai hind

[@rajavishnuvardhana6830]

I have never used Master card ATM in last 2 years because of UPI... in India people simply use phonePe, googlePay, BHIMn which uses UPI etc..

[@pranavrathi779]

Today even the last shop in Himalayan border villages are joined by UPI and online payment is possible at such small level

[@Engisahani2111]

Online payment se corruption kam hota hai and currency ki print kam karna padta hai, without going bank you can sent money another bank, like this so many benefits from UPI

[@ShubhamSharma-ff5bb]

I still remember when I was in 2nd year of graduation in 2016, my father use to say “son I will send you the money day after tomorrow since there is bank holiday”. And now he has my mobile number using that can easily send the money through UPI.

[@Abhiishek-G]

Jay hind It's a Indian soft power 🇮🇳🇮🇳

[@shreyaparihar4917]

One thing which Study IQ didn’t mention: Many fathers & Husbands are worried because of their familie’s unlimited online shopping on daily basis🤭

[@Ricktheprick]

That depends on an individual..

[@jyotipdboro1120]

Do you have any other options to avoid this? If not, then Why do you trying to propagate it?

[@shreyaparihar4917]

@@jyotipdboro1120 only other option is control urself or earn ur own money and spend it

[@jyotipdboro1120]

@Tharaka Rama It's depend on self mentally.

[@purplestripes4076]

Fathers and husbands kyun, tumhare ghar aur log nahi kamaate kya.

[@bhardwajbirdy]

I think you missed the whole point of UPI. The intention is not to replace USD. It has come as an offshoot. Primary purpose was to enable every single person in the country to use digital payment without even having an online wallet like Paytm, etc. Your question on how zero fee works - the presenter mentioned that the government of India paid the banks Rs 1300 crores to the banks as their charges. This expense from the government is offset by the savings it incurred on accounting for the currency notes as well as by more tax collections since more and more transactions are now in the white economy.

[@sambhav678]

Black money is restricted by UPI as every transaction is from the consumer bank to the seller bank. 🙏🙏🇮🇳🇮🇳🙏🙏

[@PawanY720]

🇮🇳🇮🇳ye to abhi shuruaat hai, India ne abhi full exelrator dabaya hi nahi hai..... Taiyar ho jaeye 21 century ki best economy ko full speed pakdate huye dekhne k liye 🇮🇳🇮🇳🙏🙏🙏🙏

[@anupagrawal5688]

There are multiple benefits of UPI. It allows you to make payments for everything using just your phone, be it vegetable, tea, grocery, restaurants, movies, travel etc. Secondly it has reduced use of printed notes, which eventually get worn out. This helps the government save on reprinting or replacement costs. Since all the vendors have adopted the UPI system, money which was previously kept at home, has also become part of the banking system. With this money also being added, the government has a better picture of the economy and finally, the government has better monitoring capability over the entire financial system.

[@maheshyadav5423]

Yes UPI is very convenient and payment done within seconds

[@Kadwa_Karela]

It has been over 3 years since i used my debit card. UPI is been used in India from big showrooms to any little street vendor. I hardly carry any cash with me. Recently a person purchased smartphone in my neighborhood and the first thing he asked me was, bhai tell me how to use UPI?

[@vanssingh4352]

U can’t even imagine how upi have changed our life..

[@aakashawadhesh]

You can pay Rs.1 to Rs.1 lakh with Rs.0 transaction fees through UPI. Today almost everyone pay / receives the money through UPI. Even users can also pay / receive money through a "keypad phone" (No Internet required) 🔥🔥🔥

[@Ankit_M]

*Jab Se UPI aya Hai Mene Aaj Tak Cash Mai Payment Nhi Kiya,* *Good Indian Technology,* 👌 *Aur Yeh Fast and Safe Hai.* 👍

[@fakegandhititlecongresspar1669]

USA can't transfer money to their people during lockdown But India 🤩🤩 Just one click ... transfer money directly to people.... Nd people also enjoyed Online payment during lockdown...No need to "Touch"Cash note

[@Ruthless...]

It's really great.. I'm staying in pure rural backward village but due this digital boost now online shopping ke help se breakfast se dinner tk ka kuchh bhi kana ho.. bahr ghumne jane ke liye cab/bike book krna, etc. Kuchh bhi just i'm buying online and getting delivered at my doorstep.. Bank me nahi jana card nahi use krna sari banking online wo bhi just sleeping in bedroom... Aise USA me nhi hota...

[@vinod_yadav23]

Government ka Fayda ye he ki jo cost physical money printing me lg rhi h wo km ho rahi h or money bhi tracking pr h Indian government ke, Ek fayda ye bhi h ki UPI ki power badh rahi h, Economic ko bhi isse Kai benifit h, ish liye iska payment government kr rhi h taki logo ko pay na karna pade So over all win win situation h

[@karmayogiChannel]

Online transaction... No currency no Curuption simple

[@eshudadwal2356]

Notes print nahi krne padenge jiska kharcha aur bhi jayada hai. Baaki india ki population itni hai ke aggr 10-12 saal baad 0.1% bhi transactions fees ho gyi fir bhi saari recovery ho jayegi This is called The Great Plan. Jisko asli fayda lene ke liye bhut time lgta hai per impact jabardast hota hai.

[@The.Soldier.Nomadic]

@studyIQ pl make series of similar vdoz for the international community on UPI, so that they can force respective Govts to implement it asap 💪✅

[@alphonsovaz]

For last 3 months Have not used physical currency,Credit card .Have been using only UPI.All shops have QR code available

[@raajfirke7362]

INDIAN govt earn tremendous GST due to the fast transactions of UPI system. That is the biggest benefit for them.

[@kamleshvora870]

UPI generates instantly a QR code I'd for you when you open any bank account. Each account has different QR code with your account number. And it is available in your welcome kit

[@ashoksuryawanshi428]

Very informive, And very👍 good analysis

[@laxman002]

70% debit and credit cards are rupay card in india, master card and visa almost wiped out

[@anuragmaldhure2094]

Digital economy promotes transperancy in transaction and avoids black money circulation. Also the cost associated with printing new legal tender (currency notes) and discarding old currency is not preferable. So government is willing to push Digital economy as of now by changing zero taxes via UPI. As UPI penetration surpasses a certain threshold, a minimal transaction fee maybe charged in future.

[@sushil2475]

मोदी जी ने हमारे देश में ऑनलाइन भुगतान बनाया भारत अब ऑनलाइन भुगतान प्रणाली में अग्रणी है UPI

[@amberchaturvedi9934]

Govt ko kai fayde hain iske - 1. Cash nahi chaapna padega, jiski wajah se uske rakh-rakhav ka kharcha bhi kam/khatam hoga. 2. Jo paisa isse bachega woh govt banks to de sakti hai, as transaction fee - matlab customer ko ZERO fee. 3. Jab transaction online honge to black money pe nazar rahegi....market mei cash kam / khatam hoga to black money transactions bhi kam/khatam kiye jaa sakte hain....jiska matlab, sara paisa govt ke control mei hoga aur woh better utilize kiya jayega. 4. Internationally use karne par bahar Baitha Indian apne ghar poora paisa bhej sakta hai...ZERO fee, woh bhi turant! 5. customer ko koi jhanjhat nahi - 24x7 kabhi bhi kisi ko bhi paisa bheja ja sakta hai, ya apne account mei liya ja sakta hai...chahe bank account mei (jo UPI se linked ho) ya private PayTm etc. ke wallet mei...jo cash back aur gift vouchers bhi dete hain. baki ke fayde abhi humme bhi samajhne hain.....🤣😂

[@MyPlanetMyDuty]

UPI just have to start taking credit card and it will top in the world...

[@Vedashreesolapur]

True. I have been eagerly waiting for this.

[@ankitpatel-xq3zo]

Currency notes Kam chapni padegi upi se, printing cost se kafi fayda milega india ko upi se 🇮🇳🇮🇳

[@BRAHMIINVESTMENT]

Due to UPI .. transaction increase.... Before UPI one family was doing 3 to 4 transactions... After UPI one family is doing 30 transactions... It increases consumption... Indirect tax....

[@manishkumar-fl4vn]

Mai to cash use he nhi karta sirf UPI he krta hu....😊😊😊🇮🇳🇮🇳

[@SANJAY6.1.9]

Kisne bola transaction fees nhi lgta..Transaction fees minimal lgta h..mobile recharge or shopping pe..like 99 pe 100..

[@aashishchawla6334]

Govt’s money come from tax collection By upi payments more and more payments are done in digital mode So govt gets to know how much money people own , earlier this used to happen by cash… In cash economy , govt does not get taxes

[@mlecchvinashak6913]

I am proud to be hindians 🕉️🚩🙏

[@raghuholla1124]

Indian revolutionary UPI made v v easy for each n every one in india in v quick & fast money payments //fund transfers// bill payments// or whatever from v lower level like vegetable fruit vendors tea stalls to medium to v big sectors in fraction of mins..So quick so fast so flexible without any charges.. In india each n every1 now habituated for UPI even from 1Rs //10rs to lakhs.. So great easy fast revolutionary invention of digital payment... ❤

[@YaduvendraChauhan]

Benefit to Govt. is that bulk of business/ financial transactions are through formal channels and economy becoming more formal.

[@suryakantkarandikar5166]

UPI, cash translation ko hatakar, bank transfers ke thru legal translation ko badava deta hai, esse ek fayda a/c me bhi hota hai jisse tax collection bhi badh gaya hai. Black money ka scope khatm ho rha hai.

[@JaiMa007]

No one uses debit card now in India to make payments..Shifted to UPI

[@suprimestar7722]

The answer is already in this video UPI maintenance cost :- 1300 cr paper money printing & management cost. :- 2 lakh cr/yr This way UPI making profit by reducing the money losses for paper money

[@mohanpatel.st.1525]

Ankit sir ka video dekha Karo vo achhe se define karte hai

[@insane826]

Upi will globally be accepted within five years. Upi is a revolutionary payment method which you guys can’t understand as you don’t know how useful it is in day to day life. Finding a Upi substitute is next to impossible.

[@mtvora]

आज भारत में हर एक दुकान हर एक थैला वाला हर एक वेब साइट UPI से पेमेंट स्वीकार करते है। हम खुद अगर 4 दोस्त मिलके 750 का खर्च करेंगे तो 187 एक दूसरे को sb UPI कर देते है। पाकिस्तान को ईगो छोड़ के भारत से संबंध सुधार ने चाहिए और खुद का सोचना चाहिए। वरना चाइना के गुलाम बन के रह जायेंगे। वैसे भी हम सब चाइना को बॉयकॉट कर रहे है। Modiji gave slogan "local for vocal"

[@abhishekjetely]

I don't remember the last time I used cash for small to middle amount payments

[@vaibhavebhatnagar]

It will be 2 Years since I have withdrawn cash from an ATM. UPI is indeed a game changer, and on top of that the new eRupi is also getting popular.

[@kapil-kale]

Netflix UPI payment option janbujke nhi rakh rha he 😮

[@jeetfitness9870]

By charging zero fee transaction on UPI, the government is benefiting that there are more transactions and when there are more transactions, people will buy more, small businesses will be benefited.Due to the benefit of more transaction and helping small business, there is benefit in the tax revenue of the government, because of this, the government is indirectly earning a lot of profit.

[@kknayyar5247]

God bless you beta. you both are amazing

[@imdhiren007]

Please react on - "old geographic, new order -- china, india and future of asia" it's a Tedx talk

[@subratrout6910]

UPI is revolutionary payment system....👌👌

[@techitech7573]

ok 😹

[@ptaffo]

We don't carry money in our purse anymore. Even rickshaw pullers have upi.

[@Canseefornewchange]

I also use UPI for transaction and it makes transaction very easy and safe

[@aditya21210]

More UPI transactions, less cash circulation, less supply of cash, govt will save money by producing less currency notes bcz of less demand. Woh save hua money UPI ke liye invest.

[@alokbalsekar]

ADVANTAGE OF UPI: Black money transactions are reduced. Since money goes from one bank account to another.

[@thecareerconnection]

@news,views and update. Guys don't you get copy right strike from the channel whom you review and upload their complete video.

[@sanjayTECH04]

Thanks This government will power..

[@gnonaniaj9720]

Upi system will save money as you have seen in the video that portion of total gdp it spents to prints money so its very much profitable that making charges in transaction,when it will be soon cashless in india than through upi huge money will be saved...

[@abdussattar3650]

2019 april se maine currency dekha nahi , sirf UPI( Paytm)

[@nitinbull8720]

Upi ki wazah se sabji wala .25 paisa bhi nahi chhodta kehta hain paytm kar do 😁😁😁

[@neetniitsuccesshub]

I am indian i never use papee note in last 2 year bcoz my phone is my money & every body in India has QR code even I can buy vegetables through UPI

[@bgmibest9378]

Upi aane k bad mera atm kard kharab huye 2 sal ho gaya h. Lekin 2 sal m mujhe aaj tak atm kard ka jaroorat hi nahi pada. Sab payment upi se hi ho jata h. Hospital .construction materials. Street food. Gher ka ration .petrol .insurance. electricity bill. All paymant jitna aap apne deemag m soch sakte h.7 rupye ka pan v kha sakte h upi payment se. Aur ye kam yaha ka her claas ka aadmi karta h. Matalab mobile jeb h to case ki koi jaroorat nahi h

[@sudhirkumarkumar9010]

Govt. of India wants to minimise use of physical currency by public .

[@travelhack07]

India मे UPI का यूज़ इतना ज़्यादा है की चाय की दूकान सब्जी वाला यहाँ तक की इंडिया मे बहुत कम ही लोग है जो कैश यूज़ करते हो सब UPI ही यूज़ करते है. मोबाइल नंबर डालो पेमेंट करो या बार कोड स्कैन करो मोबाइल से सामने वाले को पेमेंट करो बिना फीस के कोई ज़रूरत नहीं बैंक कार्ड और पैसे रखने की जेब मे. बस मोबाइल ही काफ़ी है किसी से पेमेंट लेने और देने के लिए.

[@rocky8004]

In schools still payments are made through cash I asked to adopt UPI in school and colleges for payments of school and college fees

[@giveshchoudhary]

Tax bhi ek baat hai kyouniki easily account ko trace kiya ja saktat hai Jo easily tax collect kiya jaye sske

[@gauravkumar-ip6pn]

UPi 1रू पर टासकसन कांटा भारत 2कडोड रूपया जमा होजायेगा लेकिन टाजेकसहन फ्री होंने कराना व्यापार खुलकर होता हैं UPi कुछ रूपया देकर व्यवस्था बढ़ा है सरकार फाईदा टैक्स में पाकिस्तानी दिमाग़ आटेगा आटा बम-बम फुर्सत हो तो समक्षेगा ग्लोबल होगा दुनिया फाईदा हैं खासकरके छोटे-छोटे देश जादा फाईदा हो

[@dhdjkdkdhdjdjskdk5084]

In terms of revenue from UPI government has no profit but government is wanting digital transformation to lower corruption and environment safe these indirect and important thing can be achieved

[@SwarajPatel4U]

Benefit is currency digitalized , means, Black money is gone every single paise accountable under RBI, government ko proper tax mileage aur corruption reduce hoga and amount spent on printing the notes is saved

[@rpmeenameena6034]

सुविधा है ये बैंक जाना नहीं पड़ता, करेंसी की जरूरत नहीं

[@engine-nl9ye]

16:52 USA rone laga 😂😂😂😂😂😂

[@Technicalmaan]

Fyda ye horaha Hai log indirectly bank me paisa deposit karrahe Hai bina bank me jaye

[@doptmantshakhan6052]

Maine gurgaon mei apni training online payment kr ke hi ki h hostal se lekar khane tk

[@pankajjagarwal9925]

Me literally 10 bar atm jata tha month me. Now i dont remember when was the last time I visited ATM.

[@parashmonibhuyan9760]

I love india 🇮🇳 ♥️

[@loneranger5446]

Great video! Hope UPI succeeds!

[@sports_gyani]

It's already over performed

[@ashimsarkar3045]

Can any body stop the flow of water to touch the ocean ?

[@bantusingh485]

Upi par fee charge na karne se tex chore nahi hoti or sarkari ke pas puri jankari hoti hai

[@kundankishor2606]

Nothing is impossible for India. India will be a country which will replace American dominance

[@vivekanandkohli4587]

Today my cousin Virat Kohli birthday 💖💓💓💓💓💓💓

[@Technicalmaan]

UPI koi payment wallet Nahi Hai wo sidha bank me transfer hota h paisa

[@ManojRai-ek1yg]

सरकार का फायदा upi से नहीं है upi के ट्रांजेक्शन से है इससे सरकार‌ को नोट कम छापना पड़ता है इसका खर्च बचाके सरकार बैंक को देता हो

[@CircuitBawa]

2 Lakh 37 Hazor Crore Rupees Indian Lagta Hai Paper Currency Print Karne Me Government Ko 🖐️ Isko Kam Karke 1300 Cr Rupee Banke Ko Deke Free Transaction Karata Hai Government 🗣️

[@sumanpanwar3582]

यह मोबाइल रिचार्ज फास्टैग रिचार्ज जो भी बड़े-बड़े ऑनलाइन अमेज़न वगैरह है उनसे कुछ परसेंट अपना कट ले लेते हैं

[@saradaswain3136]

UPI works thru Banks only. If transactions made thru UPI all Banks will get more funds at their disposal which they can invest to earn because more people will open Bank Accounts even almost all who avoided earlier. This would ultimately benefit All Banks whio can mobilise more funds with huge customer base. That's why there is no transaction charges as of date & may be this no charge policy continue for ever. Earlier people do not park their money in Banks but now all people want to have account which results in huge funds at their disposal ,so why Banks charge fee? Let's what next.

[@surekhathakur134]

Digital India campaign has gave base to this growth . To open a bank account is so easy . You just get home service for this . Specially hosewives and senier citizens enjoy this facility.