Indian parliamentary panel demands boost to alternative UPI payment apps

[rogerthat]

In our village areas most of the people don't know that this online money transferring system is called UPI, they know it as 'PhonePe'.

In Kerala everyone says to "GPay it". It has become a verb, like Xerox or Volvo. Don't think many people even are aware of the tech behind "GPay".

 

[panchabhut]

do your due deligence UPI was just copy paste of china whose foundation was based on japan.

It was never copy-paste. For copy-paste, you need the source code. China never shared their source code. So UPI was a reinvention of the wheel - right from the scratch. Just like PIX is a reinvention of the wheel - again right from scratch. As both are reinventions of the wheel, both have their differences in the way they work and their approach, and as PIX was later than UPI, they learn from the mistakes of NPCI.

 

[paxauquabriba-4876]

It was never copy-paste. For copy-paste, you need the source code. China never shared their source code. So UPI was a reinvention of the wheel - right from the scratch. Just like PIX is a reinvention of the wheel - again right from scratch. As both are reinventions of the wheel, both have their differences in the way they work and their approach, and as PIX was later than UPI, they learn from the mistakes of NPCI.

re invention seriously is that what india finally amounts to copy pasting chinese stuff.
source code is needed for software but QR was open source since start to begin with the japanese who never patented this stuff but chinese at least developed utility by integrating payments unlike india who just copy pasted it from china. again please do yoor due diligence

JAPAN - 1990s - QR invented by Toyota
CHINA - 2000s - QR code-based payments commercialised by Beijing Inspiry Technology Co.

wake up & smell the coffee instead of being andhbhakt & pay respect+homage where it is due.

 

[Abhishek012]

re invention seriously is that what india finally amounts to copy pasting chinese stuff.
source code is needed for software not intellectual property and to begin with the japanese never patented this stuff from the start so chinese at least developed utility unlike india who just copy pasted it from china. again please do yoor due diligence

Kuch bhi ulte pulte bake ja rahe ho. Saar payer hai nhi.

UPI is 100% Indian tech, NPCI holds the patent for UPI.

China has talked to India twice to adopt India's UPI technology.

Japan is also showing interest in India's UPI.

Just 2-3 years ago, Some people were talking that UPI is European tech. They are using UPI from last few decades.

And there were some people who said that UPI is African tech.

And i am not joking, they were constantly fighting with us on Twitter and trying to prove that UPI is European and African technology

Only God knows where they come from.

 

[cardy]

Aane do agr cashback lekr aate hai 🥸

To swagat karte hain jor shor se

 

[John Since]

re invention seriously is that what india finally amounts to copy pasting chinese stuff.
source code is needed for software but QR was open source since start to begin with the japanese who never patented this stuff but chinese at least developed utility by integrating payments unlike india who just copy pasted it from china. again please do yoor due diligence

JAPAN - 1990s - QR invented by Toyota
CHINA - 2000s - QR code-based payments commercialised by Beijing Inspiry Technology Co.

wake up & smell the coffee instead of being andhbhakt & pay respect+homage where it is due.

Bhai apna naam patent kar lo pehle nahi toh koi aur churalega.
UPI ke baare mein baad mein dekhte hai.

 

[paxauquabriba-4876]

Kuch bhi ulte pulte bake ja rahe ho. Saar payer hai nhi.

UPI is 100% Indian tech, NPCI holds the patent for UPI.

China has talked to India twice to adopt India's UPI technology.

Japan is also showing interest in India's UPI.

Just 2-3 years ago, Some people were talking that UPI is European tech. They are using UPI from last few decades.

And there were some people who said that UPI is African tech.

And i am not joking, they were constantly fighting with us on Twitter and trying to prove that UPI is European and African technology

Only God knows where they come from.

bro share the patent number please ?

 

[paxauquabriba-4876]

Bhai apna naam patent kar lo pehle nahi toh koi aur churalega.
UPI ke baare mein baad mein dekhte hai.

bro name cannot be patented but u can trademark it. send me Rs4500 amazon gift card and we will proceed from there as i will not upi

 

[MrJJ]

Khud nikamme log sochte hain poora desh hi nikamma hai...

India's banking system is one of the best in the world (I'm talking about technology, not employees)

IMPS rated world’s best in real-time payment service - The Business Line (News) Sept 2019

Read the Wikipedia for UPI. You will find out the whole timeline of development, MoUs signed with other countries, talks going on etc.

Unified Payments Interface - Wikipedia

en.wikipedia.org

Some highlights taken from wikipedia

UPI runs on top of the Immediate Payment Service (IMPS)

In April 2009, the National Payment Corporation of India (NPCI) was formed to integrate all the payment mechanisms in India and make them uniform for all retail payments.

RBI in 2012 released a vision statement for a period of four years that indicated commitment towards building a safe, efficient, accessible, inclusive, interoperable, and authorized payment and settlement system in India.

UPI was officially launched in 2016 for public use.

In December 2019, noting the success of UPI, Google suggested that the US Federal Reserve Board should follow UPI as an example in developing FedNow, a real-time payment system for the United States.

From 8 June 2022, RBI allowed linking RuPay credit cards with UPI.

Cross border digital payment service provider Liquid Group signed memorandum of understanding (MoU) with NIPL in September 2021 to introduce UPI based QR code payment system in Singapore, Malaysia, Thailand, Philippines, Vietnam, Cambodia, Hong Kong, Taiwan, South Korea, and Japan from 2022.[140][141] NIPL signed MoU with Arab Monetary Fund (AMF) on 8 March 2022 to link UPI with Buna Payment Platform that is connected with the central banks and financial institutions from Arab region. This will help in cross border multi currency transaction.[142][143] Till 4 July 2022, India already initiated talks with 30 countries for UPI integration.[144]

 

[paxauquabriba-4876]

Khud nikamme log sochte hain poora desh hi nikamma hai...

India's banking system is one of the best in the world (I'm talking about technology, not employees)

IMPS rated world’s best in real-time payment service - The Business Line (News) Sept 2019

Read the Wikipedia for UPI. You will find out the whole timeline of development, MoUs signed with other countries, talks going on etc.

Unified Payments Interface - Wikipedia

en.wikipedia.org

Some highlights taken from wikipedia

what next andhbhakts gonna share reels & stories from whatsapp & tiktok university ?

 

[John Since]

bro name cannot be patented but u can trademark it. send me Rs4500 amazon gift card and we will proceed from there

Done deal. Post your real upi id with name here. Will help you trade mark it.

 

[Vasuki]

what next andhbhakts gonna share reels & stories from whatsapp & tiktok university ?

You should refrain from doing personal attack unless its healthy..
Difference of opinion ✅
Not personal vilification ❌

 

[John Since]

D

what next andhbhakts gonna share reels & stories from whatsapp & tiktok university ?

Don't try to politicize the forum as it is against the rules of the forum and please stop creating ruckus here. Request moderators @TechnoFino to take note of this and stop spamming the forum and keep the discussions to the point.

 

[John Since]

bro i need no help i will do dirty like that caunt anand mahindra and keep selling that jeep copy paste cheap shayit called thar.
jeep ki intellectual property ki G mar di

Reported you for creating the spam on the forum. Come to your senses and stay calm. Would request everyone to do the same whoever create ruckus.

 

[paxauquabriba-4876]

andbhakts is not politicizing as it can be anything or anyone who has its head so much up their arshes that they ignore reasoning and logic.
as usual when andhbhakts do illogical arguments but realise their shyite talk does not make any sense they will play the victim card.
report as much as u want none of my posts were ever had any personification bs
finally when TRUTH hurts it becomes SPAM

But MrJJ said --Khud nikamme log sochte hain poora desh hi nikamma hai.

thats forum racism as John & Doc supoorted him but blamed me.
but nobaody reprimanded him/her/they

 

[Rkr]

Bhai log keep calm and respect others opinions also. Refrain personal attack via comments. Else we have to be deal in some other way.
suggesting keep discussions healthy.
@paxauquabriba-4876
@MrJJ

 

[John Since]

as usual when andhbhakts do illogical arguments but realise their shyite talk does not make any sense they will play the victim card.
report as much as u want none of my posts were ever had any personification bs
finally when TRUTH hurts it becomes SPAM

If you were speaking the truth you would have come up with real identity brother and even shamelessly boasting about it that you never had personification like idiot. So I request you to stay silent and let the forum run for good and staying silent means ignoring idiots.

 

[paxauquabriba-4876]

You should refrain from doing personal attack unless its healthy..
Difference of opinion ✅
Not personal vilification

Bhai log keep calm and respect others opinions also. Refrain personal attack via comments. Else we have to be deal in some other way.
suggesting keep discussions healthy.
@paxauquabriba-4876
@MrJJ

i am waving white flag & peace

 

[paxauquabriba-4876]

If you were speaking the truth you would have come up with real identity brother and even shamelessly boasting about it that you never had personification like idiot. So I request you to stay silent and let the forum run for good and staying silent means ignoring idiots.

love, peace bro 😘

am keeping silent & thanks for the advice. much needed.

 

[Rkr]

Everyone plz refrain.
We are deviating from original thread topic.
Kindly maintain the decorum.