Unified Payments Interface or UPI has been credited for transforming the digital payment landscape of India. Today, in a few short years since it was introduced, most small vendors and shopkeepers accept payments through UPI.
On Friday, a picture that illustrates the wide reach of UPI was re-tweeted by industrialist Anand Mahindra, who hailed it as a testament to the “breathtaking scope and scale of India’s digital payments ecosystem.”
The picture shows “India’s last teashop” equipped with UPI. The teashop, located in a village with an elevation of 10,500 feet in Uttarakhand, uses a QR code to accept UPI payments from customers.
“As they say, a picture is worth a thousand words. This captures the breathtaking scope and scale of India’s digital payments ecosystem. Jai ho!” wrote Anand Mahindra in his tweet.
As they say, a picture is worth a thousand words. This captures the breathtaking scope and scale of India’s digital payments ecosystem. Jai ho! https://t.co/n6hpWIATS0— anand mahindra (@anandmahindra) November 4, 2022
“Yesterday I went out of my house with literally just 3 Rs cash in my pocket.... It’s funny how much I rely on UPI nowadays,’ another Twitter user remarked.
In 2020, Paytm founder and CEO Vijay Shekhar Sharma had shared a photo of India's first QR code-enabled store. He hailed it as a “humble beginning” that sparked a revolution.
Every revolution has a humble beginning. https://t.co/uA5Voia1cg— Vijay Shekhar Sharma (@vijayshekhar) October 1, 2020
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