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India's digital payment system UPI now used daily by 500 million, integrating underbanked into economy.
Sujit Nair, CEO of FIDE, highlighted that India's Unified Payments Interface (UPI) has become a daily habit for 500 million users.
He emphasized the role of digital public infrastructure (DPI) in integrating underbanked populations into the economy.
Nair noted that initiatives like ONDC are empowering shopkeepers and drivers by offering them autonomy in digital transactions.
While DPI is revolutionizing public services and creating economic opportunities globally, challenges such as data privacy and technical interoperability remain.
India has signed agreements with several countries to share DPI technologies.
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El sistema de pagos digitales de la India UPI ahora utiliza diariamente en 500 millones, integrándose subbancariamente en la economía.