पारंपरिक बँकिंग आणि वित्तीय तंत्रज्ञानाचे बदलते स्वरूप - श्री. अभिषेक गिर्हे
E-Magazine

Impact of UPI & Financial Technology on Traditional Banks

- Mr. Abhishek Girhe

AVIES PUBLICATION

The country that has been at the forefront of adopting UPI is India. Yes, India was the first to implement UPI, and its success soon gained global recognition, gradually prompting many other countries to start using UPI. Several pilot projects of UPI have been conducted in different countries.

The traditional banking system is very important because it allows us to provide direct services to the bank’s customers. This not only promotes the bank but also provides insights into how the bank is managed. Currently, even though UPI and financial technology have developed, people still prefer to visit the bank in person to conduct their transactions. The main reason for this is that bank customers do not have full trust in technology, primarily due to a lack of technological awareness. ...(To continue, open the magazine)

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