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Daily transactions on the unified payments interface (UPI) platform can touch 1 billion in the next three years as UPI hits its full potential, said Dilip Asbe, managing director and chief executive officer of National Payments Corporation of India (NPCI), exuding confidence in India's payments system, which is considered as one of the best in the world.
“I don't think UPI has achieved its potential yet. For a country like India, we should do 10x of what we are doing,” Asbe said during a panel discussion with Salt app founder Shinjini Kumar and Razorpay CEO Harshil Mathur at Moneycontrol's inaugural India Fintech Conclave (IFC).
Moneycontrol India Fintech Conclave (IFC), is a brand new initiative creating dialogues on key issues related to the burgeoning financial technology space in the country.
Through the Conclave, Moneycontrol, India’s largest financial news platform and the flagship digital platform of the Network18 group brings together the regulators, top leaders of the banking and fintech industry, investors, and policymakers to engage, ideate and come up with prescriptions to make India the global leader in fintech innovation and leadership.
#fintech #upi #payment
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