The conversation between human and AI assistant.
Will Unified Payment Interface (UPI) in India will be a big blow to online payment solutions like Paytm, PayU etc.?
How does UPI work compared to Paytm and PayU?
UPI allows users to directly transfer funds between bank accounts without the need for a wallet or intermediary platform. Paytm and PayU, on the other hand, operate as wallet systems where users add funds to their accounts before making transactions.