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An Indian friend of mine, constantly raves about their UPI system:

https://en.wikipedia.org/wiki/Unified_Payments_Interface

It sounds a lot like what they're discussing.

Oh it is good. It has its drawbacks (like everything else) but it's quite the de facto now and UPI Lite ( a wallet not on individual apps but on UPI/NCPI f/w itself) had made it even better.

There's so much trust / dependency on NPCI at this point but I recently learned that it's not a public entity and thus excluded from the transparency acts such as RTI. I hope the EU does better!

I am not sure which country you are from but is the term “accountability” even relevant in India anymore? It’s been non existent since more than a decade.

I was just commenting on how good, widespread it is and no it is not the doing of the current Govt. It just gained traction during a massive f up of the current Govt.

My friend says even the poorest Indians use it.

You can buy vegetables at a farmer's market, and just scan a QR code.

It’s everywhere. On the hills, on the boats (yeah I paid for roasted peanuts on one but it was close to the shore), rural, urban, semi rural etc.

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