@ybl to @oksbi: the hidden architecture, ownership, and lifecycle of India’s payment identity. Open Google Pay. Tap “Create UPI ID.” Wait two seconds. Done. You now have rahul@oksbi. Here’s what nobody tells you: Google didn’t create that. Google Pay doesn’t own it. And if Google Pay shut down tomorrow, what happens to your UPI ID … Continue reading The Hidden Life of a UPI ID
Author: sakshipharande
Banks Talk to Each Other More Than They Talk to You
Every payment you send is a conversation between strangers who don’t trust each other. You open your UPI app. You type an amount. You enter your PIN. Two seconds later, a green checkmark appears. ₹500 sent successfully. It feels instant. It feels like money just travelled from your account to someone else’s. It didn’t. Your money … Continue reading Banks Talk to Each Other More Than They Talk to You
