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flag BharatPe's co-founder lauds India's UPI as a fintech breakthrough boosting small businesses and global interest.

flag Shashvat Nakrani, co-founder of BharatPe, praised India’s UPI as a transformative fintech revolution at the Global Fintech Festival in Mumbai, highlighting its impact on small merchants and growing global interest. flag He noted UPI’s shift from debit to credit-based transactions, including credit cards and lines, signaling a new era for everyday digital payments. flag Nakrani cited ongoing operational challenges and improved regulatory clarity. flag In related news, PhonePe PG partnered with Mastercard to launch a device tokenization solution, boosting secure online payments for merchants.

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