UPI transactions can touch 100 bn in next 10-15 years: Dilip Asbe

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UPI transactions can touch 100 bn in next 10-15 years: Dilip Asbe - Business Standard

Quick Summary:

He was responding to a question posed by Kunal Shah, serial entrepreneur and founder of Cred, at the Global Fintech Fest on what will bring the next millions to the UPI ecosystem.

Shailendra Singh of Peak XV Partners said that while he believes in credit being a strong balancing force, it has to be done responsibly.

He was also of the opinion that the role of fintech will be crucial in driving this usage.“We are fairly convinced that recurring payments, mandate QRs, and EMI QRs will drive that usage… today it’s a tedious process,” he added.