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submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world

Fed’s new instant payment system could be trouble for PayPal, Venmo::The Fed's goal is to connect 9,000 financial institutions nationwide.

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[-] iamak@infosec.pub 6 points 11 months ago

UPI is the best mode of payment. I doubt anyone can change my mind.

[-] spiderman@ani.social 4 points 11 months ago

UPI and ONDC are two great things that India has. The latter still needs lot's of development and attention though.

[-] iamak@infosec.pub 5 points 11 months ago

I would add Digilocker as well. Completed removed my need for a wallet. But it's not as great as these 2

[-] spiderman@ani.social 2 points 11 months ago

yeah they are great but i always tend to carry a government id in the wallet since i kinda don't trust my smartphone's battery life. that goes same for a upi, i use it everyday but i always have a debit card incase if the bank server doesn't work or battery dies out

[-] iamak@infosec.pub 2 points 11 months ago

Lol makes sense

this post was submitted on 24 Jul 2023
305 points (100.0% liked)

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