India Starts Easy Payment System - UPI

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Google, Samsung, Whatsapp will be give the benefit of the Indian unified payments interface (UPI).


Google develop android operating system base smartphone which is spread all over the world. After that it goal the 100 million people to connect with internet in india. 

Now google plans to start its  digital wallet  in india. Not only google but also Stripe and whatsapp plan lanch wallet which is based on unified payments interface (UPI).So google increase knowledge about it and with this it set one more successful example of public -private partnership which is tottally true.

Everyone knows Google but Stripe is a startup company which is base in
san francisco. It's also interested in UPI. This startup have system which is accept all types of digital payments in 100+ country. It's connect with UPI 's developer National payments corporation of india (NPCI).NPCI managing director A.P.Hota describe that whatsapp also like UPI for their new payment media.

After the demonetization digital transaction increase but after some time people use paper currency mostly because new currency circulation increase.In this big india people's are  use about 70 lakh rupee's transaction with UPI.

In nowdays Truecaller starts a new UPI base mobile payment solution with ICICI BANK. Samsung is also started using UPI in Samsung pay. Hike messenger also put  their steps in this way. Some resources says that Apple Pay will be come to india soon.

In the INDIA smartphone users in 2014 is about  21.2 % and its increase in 2016 is about to 33.4 %. In india 30 % of smartphone users are cuttently connect with internet. So its possible that too many people's are client for National & Internatinal company . So In the 2017 - 18 we will be a see some interesting payments wallet which is based on UPI.

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