Hats off to the work Shri Ashe has done at NPCI wrt the UPI and I just loved the comment in the last 3 minutes about what he thinks about money ie WHATS MONEY FOR HIM.
Awesome achievement and execution relentlessly on the Payment Sector and completely disrupted the segment through inclusion, collaboration, innovation and humility.
The only thing which I found bad in this video is good organisation in India still wants techies at affordable cost. Indian techies go abroad because ofcourse it can be lifestyle, infra n blah blah blah but it is mainly money. Start paying greatly and Indian techies will never go abroad and will help in exceptional progress in and for India.
Nice..,.. All shall go on and on as long as NATURE is friendly to human .... Else all shall return to STONE age.,... Of course there is nothing wrong to be in DREAMS.... GOD bless all! Bear with pessimist!!!!❤❤❤🙏🏻🙏🏻🙏🏻
RBI, Govt. and NPCI needs to enforce Banks to Push for RuPay Credit card... Many Banks are not encouraging the Rupay Credit cards including Hdfc bank!! they're rather ready to opt premium Visa cards for free over Rupay credit card!!
Because Big Banks Like World Bank as well as Reserve Bank of India are all directly OR indirectly Owned And Controlled By Rothschild and Gates Family, They are in 🇺🇸 Supporting Visa and mastercard Over Rupay CreditCards!,
UPI is brilliant. Thanks to visionary leaders like Manmohan singh in starting NPCI for transitioning banking system to future. I think UPI is built on top of IMPS which enabled realtime transaction .
Dilip Asbe... Hats off to you and your team... LET US MOVE ON FROM SHANKER PAI FOUNDER PRESIDENT - MAKE A WILL FOUNDATION - and S. S. C. (ssc = safety and security of community) Foundation - Fire Safety Division ((( 5 devices/ inventions for public good ))
have a lateral question more related to financial transactions - can an individual escrow an amount to say a contractor - where he has the surity or the amount but can en-cash it at my approval - using UPI
Just the way democratisation of finances is happening democratisation of wealth too must happen by spreading facilities to smaller but well equipped ( in terms of education, health, transportation etc.), planned smart cities. Collocation requirement of new or even existing institutions can easily be overcome using technology and smart organisational planning. Huge incomes don’t and can’t give good quality life in mega cities like Mumbai, Delhi, Chennai, Bangalore, Kolkata etc. While love for one’s own city is understandable let’s overcome it for better living in more comfortable, green and nature friendly environs and for better future of our children. Samriddhi Corridor could be developed in Maharashtra to site important national level institutions.
if in 2013 UPI/VPA was possible then how come Chidambaram mocking online payment system in 2016-17, that too in parliament discussion. It shows the failure of Manmohan Govt.
Also restrict bank charges head under which bank leavy charges on whatever pretext to consumers --- first they are monopoly and then they extort consumers
National Payments Corporation of India (NPCI) - Founded in December 2008, the NPCI is a not-for-profit organisation registered under Section 8 of the Companies Act 2013, established by the Reserve Bank of India and Indian Banks' Association.
@@NidhishAbrahamif in 2013 UPI/VPA was possible then how come Chidambaram mocking online payment system in 2016-17, that too in parliament discussion. You are just trying to hide the failure of Manmohan Govt.
National Payments Corporation of India (NPCI) - Founded in December 2008, the NPCI is a not-for-profit organisation registered under Section 8 of the Companies Act 2013, established by the Reserve Bank of India and Indian Banks' Association.
Moving money in 30 seconds is truly a great achievement. But the flip side is you can lose your life savings in 1 minute due to a fake call ! Why the vulgar hurry to move money in seconds? Will the skies fall if it takes say 1 hour to move your money with water tight security against such dangers from scamsters?
So let me just explain!.. You have to go to Bangalore and u need to buy the ticket immediately online. Do you really think that u will be waiting for an hour?
such a ridiculous logic . even a robber can rob someone in a few seconds by showing him a knife !!!! why even to earn money then eh ??? those people who are so afraid and apprehensive about faster payment systems should stick to cheques and passbooks then !!!! even check frauds can happen with fake signatures and other loopholes. nothing is foolproof when it comes to banking systems worldwide.
🏦 Banks are adding Multifactor authentication which could drastically reduce the incidence of online identity theft and other online fraud, because the victim's password would no longer be enough to give a thief permanent access to their information. *Multi-factor Authentication (MFA) An authentication system that requires more than one distinct authentication factor for successful authentication. approvals
What we want is anonymous crypto wallets not govt controlled entities and freedom in economic transactions. It is certainly a tech achievement for india. Govt is creating online infrastructure for cash transactions but creating a narrative and crypto is not great technically. AAdhar is violation of rights.
Legislation can determine which technology is better for india for particular thing as they have already determined what rights common people should have! They should have right to determine as they are choosen by people to make decisions taking in mind the best interests of people. Sometimes you will see it’s not working but it does work most of the time and worked wonderfully in most cases.
Sam - what UPI works on is called a VPA - a virtual private address which looks a bit like an email address. QRCode is not necessary for UPI - it's just one way to enter a VPA. To me what makes UPI unique is that it is an interoperable standard adopted by the entire ecosystem - this is what has led to explosive growth (along with it being free - which makes even small ticket payments possible). Plus linking UPI to Bill Payments, to IPOs etc which is reducing friction for a variety of different payment use cases. I think you should not confuse a data entry mechanism for the underlying system. That would be like saying Google Search is just a textbox on a page.
Some apps have the feature that,you need to scan the QR code only once.if you are a regular to a vendor,you can save as favourite their address and the payment is more seamless.
Brilliant interview. Very informative, futuristic.
NPCI is unparalleled. No nation has been able to create anything like UPI.
Hats off to the work Shri Ashe has done at NPCI wrt the UPI and I just loved the comment in the last 3 minutes about what he thinks about money ie WHATS MONEY FOR HIM.
UPI barcode on ticket vending machine is great comfort. Keep working to ease peoples life.
These Brilliant & Talented personalities are making India & Indians proud to the world.
Thank you Shardha Sharma mam for interviewing Dilip Asbe sir. It is a great food for thought for me and inspiration for me.
UPI payment using credit card is amazing... great development sir.. India is leading in digital innovation ❤
Too good
Well done 👏👏👏👏👏👏
Awesome achievement and execution relentlessly on the Payment Sector and completely disrupted the segment through inclusion, collaboration, innovation and humility.
Thank vision of great leader 🙏🏻 Modi ji for establishing an excellent organization like NPCI .
Sir watch video properly....NPCI started in 2009
We all owes to Manmohan Ji
Listen closely. It has become more innovative after 2014.
UPI is build on top of IMPS by NPCI which was introduced by Manmohan govt
What a clear thinking visionary Dilip Asbe!
Dilip asbe one of the gem in Indias financial inclusion story'. 🤝👍🙏❤
What an Enthusiasm, amazing Dilip sir
So much valid information. Thank you.
just too awesome
The only thing which I found bad in this video is good organisation in India still wants techies at affordable cost. Indian techies go abroad because ofcourse it can be lifestyle, infra n blah blah blah but it is mainly money. Start paying greatly and Indian techies will never go abroad and will help in exceptional progress in and for India.
Well yes absolutely
I don’t know about private, but giver meme to does pay the most it can.
Hatt's off to Mr. Dilip!
Fantastic!
Keep Inovating! Keep Guiding!
Wonderful. Most impressive.
Nice..,..
All shall go on and on as long as NATURE is friendly to human ....
Else all shall return to STONE age.,...
Of course there is nothing wrong to be in DREAMS....
GOD bless all! Bear with pessimist!!!!❤❤❤🙏🏻🙏🏻🙏🏻
Dillip sir and people working with him are blessing for our Bharat🇮🇳❤️🙏
INDIA ❤
Superrrb Awesome Fantastic video
Great job 🎉
RBI, Govt. and NPCI needs to enforce Banks to Push for RuPay Credit card... Many Banks are not encouraging the Rupay Credit cards including Hdfc bank!! they're rather ready to opt premium Visa cards for free over Rupay credit card!!
agree whole heartedly.
I have a Virtual Rupay Card by HDFC
Because Big Banks Like World Bank as well as Reserve Bank of India are all directly OR indirectly Owned And Controlled By Rothschild and Gates Family, They are in 🇺🇸 Supporting Visa and mastercard Over Rupay CreditCards!,
Kudos to the builders of such great digital public infrastructure
UPI is brilliant.
Thanks to visionary leaders like Manmohan singh in starting NPCI for transitioning banking system to future.
I think UPI is built on top of IMPS which enabled realtime transaction .
Great thrust for economy ❤
Dilip Asbe... Hats off to you and your team... LET US MOVE ON FROM SHANKER PAI FOUNDER PRESIDENT - MAKE A WILL FOUNDATION - and S. S. C. (ssc = safety and security of community) Foundation - Fire Safety Division ((( 5 devices/ inventions for public good ))
have a lateral question more related to financial transactions - can an individual escrow an amount to say a contractor - where he has the surity or the amount but can en-cash it at my approval - using UPI
Host is too good❤
Proud of my country for making such talents ...
👍👍👍👍👍👍👍👍👍
How many countries would work
ALMIGHTY GOD WILL ULTIMATELY AND DEFINITELY SET EVERYTHING RIGHT
He is going to be next narayana muthy of this decade......of UPI to start with
Just the way democratisation of finances is happening democratisation of wealth too must happen by spreading facilities to smaller but well equipped ( in terms of education, health, transportation etc.), planned smart cities. Collocation requirement of new or even existing institutions can easily be overcome using technology and smart organisational planning. Huge incomes don’t and can’t give good quality life in mega cities like Mumbai, Delhi, Chennai, Bangalore, Kolkata etc. While love for one’s own city is understandable let’s overcome it for better living in more comfortable, green and nature friendly environs and for better future of our children. Samriddhi Corridor could be developed in Maharashtra to site important national level institutions.
👌👏👍🙏
what a vision !!! kudos to the government and all the brilliant minds working on this
" Money can be moved with in 2 Banks in 30 seconds.. "
With Daily Limit..
@@thepalebluedot4171 😂🥲💯
@@thepalebluedot4171 and the limit is so high for 99% of indians daily usage...
Less than 30, to be more precise
@@thepalebluedot4171 I don't have
Banks should be having max limit per account for charges to be leavied and it should be capped at rs. 250 per account
super guy
Thats great Dilip, And it's Mumbai, not bombay.
UPI the future of payment industries
I vote BJP 🎉🎉🎉🎉
NPCI should work on failed transactions and set a legal time limit for settlement of such disputes.
if in 2013 UPI/VPA was possible then how come Chidambaram mocking online payment system in 2016-17, that too in parliament discussion. It shows the failure of Manmohan Govt.
👍🏻
Also restrict bank charges head under which bank leavy charges on whatever pretext to consumers --- first they are monopoly and then they extort consumers
They are making india not IAS
????
Anadi अनाड़ी comment,
It's like saying... little finger is not as important as middle finger.
I am using Gpay . Does Google get any commission for this use. Which payment system should I use so that my country benefits.
BHIM UPI is directly from NPCI,
It's not as smooth as Phonepe but I still use BHIM UPI
BHIM...UPI is from NPCI....so go for it..BHIM upi will never sell ur data to anyone...other apps predict ur richness based on ur transactions...
Even PhonePe is not indian App...its owned by Walmart (Flipkart)
There are many invisible like him who is building India and Madam is also appreciated, ON otherside Rahul Gandhi is dragging. Very interesting period
I am counting "you know"😂😂
How many you counted
Sartup capital. It's only Bengaluru; nothing comes even close.
I only take 10 sec or less sometimes
Dont forget chidambaram criticism and mocking of UPI concept... Congress never wanted india to grow...
Modi hai tho mumkin hai
National Payments Corporation of India (NPCI) - Founded in December 2008, the NPCI is a not-for-profit organisation registered under Section 8 of the Companies Act 2013, established by the Reserve Bank of India and Indian Banks' Association.
@@NidhishAbrahamif in 2013 UPI/VPA was possible then how come Chidambaram mocking online payment system in 2016-17, that too in parliament discussion. You are just trying to hide the failure of Manmohan Govt.
😅😅😅But as usual "Modi Hey tho mumkin hey"😅😅😅
National Payments Corporation of India (NPCI) - Founded in December 2008, the NPCI is a not-for-profit organisation registered under Section 8 of the Companies Act 2013, established by the Reserve Bank of India and Indian Banks' Association.
@@NidhishAbraham lol, UPI came into existence after 2014
Remove banking monopoly for large ticket transactions and make it also 30 secs and 24 x 7
That's dangerous for financial terrorism
@@VALAR_Morgulis. why is it dangerous -- already in USA chase has it and citizens use it beuatiflly
Integrate Credit cards like Visa and MC and then we’ll talk
What caste does Dilip Asbe belong to?
Upi is less complicated then her chuni 🤣🤣
He keeps saying Bombay????😂😂😂😂😂
Why modi is taking credit?😂 Npci developed upi... which was formed in 2008!!
You are wrong
Startup capital of India is Bengaluru
,Sarkari naukri hai air techies ko gyan de Rana hair not to swtch
Everything technological is shit, we must have discourse in society related to all this
The interviewer has to be trained to be more professional. Very amateurish.
Bombay
But
Chennai
Can't trust this person
Moving money in 30 seconds is truly a great achievement.
But the flip side is you can lose your life savings in 1 minute due to a fake call !
Why the vulgar hurry to move money in seconds?
Will the skies fall if it takes say 1 hour to move your money with water tight security against such dangers from scamsters?
So let me just explain!.. You have to go to Bangalore and u need to buy the ticket immediately online. Do you really think that u will be waiting for an hour?
Will you wait in shop for 1 hour for money payment ?
such a ridiculous logic . even a robber can rob someone in a few seconds by showing him a knife !!!! why even to earn money then eh ??? those people who are so afraid and apprehensive about faster payment systems should stick to cheques and passbooks then !!!! even check frauds can happen with fake signatures and other loopholes. nothing is foolproof when it comes to banking systems worldwide.
Yes uncle. 😂😂😂
🏦 Banks are adding Multifactor authentication which could drastically reduce the incidence of online identity theft and other online fraud, because the victim's password would no longer be enough to give a thief permanent access to their information.
*Multi-factor Authentication (MFA) An authentication system that requires more than one distinct authentication factor for successful authentication. approvals
Hats off to Manmohan Singh under whose rule tgis was planend and developed
🤣🤣🤣🤣🤣🤣🤣🤣🤣
😂😂😂😂😂😂😂
What we want is anonymous crypto wallets not govt controlled entities and freedom in economic transactions. It is certainly a tech achievement for india. Govt is creating online infrastructure for cash transactions but creating a narrative and crypto is not great technically. AAdhar is violation of rights.
And that will be useful for terrorism and money laundering activities
It is also pretending UPI is better technology than crypto. Legislation cannot determine which technology is better.
Legislation can determine which technology is better for india for particular thing as they have already determined what rights common people should have! They should have right to determine as they are choosen by people to make decisions taking in mind the best interests of people. Sometimes you will see it’s not working but it does work most of the time and worked wonderfully in most cases.
These qr code system is long back invented by japan and popularised by china and copied by india😂
You are stuck with QR code... You dont have a clue about NPCI and UPI... OR code is only one way of initiating a money transfer.. Grow up dude
Sam - what UPI works on is called a VPA - a virtual private address which looks a bit like an email address. QRCode is not necessary for UPI - it's just one way to enter a VPA.
To me what makes UPI unique is that it is an interoperable standard adopted by the entire ecosystem - this is what has led to explosive growth (along with it being free - which makes even small ticket payments possible). Plus linking UPI to Bill Payments, to IPOs etc which is reducing friction for a variety of different payment use cases. I think you should not confuse a data entry mechanism for the underlying system. That would be like saying Google Search is just a textbox on a page.
Some apps have the feature that,you need to scan the QR code only once.if you are a regular to a vendor,you can save as favourite their address and the payment is more seamless.
Aagaya toxic hater...
shradha is very unprofessional
#shambhupandit*2**4👍more👈🏾vouchar😢😭nie mila😢😭😭😭😭😭😭😭😭😭😭😭😭😭😢😢😢😭😭😭😭😭😭😭😭😡😭😭😭😭😭😭😢😢😢😢😢😢😢😢👈🏾👈🏾👈🏾👈🏾👈🏾👈🏾👈🏾👈🏾👈🏾👈🏾