The Ledger
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Sharma: Global Fast Payment Momentum Belongs to Brazil's PIX, Not UPI
“Today in the fast payment world, the momentum is not with UPI is with PIX. It's a Brazilian system, which is inspired by UPI as they say. And but they've done a very good job of the basics of taking it out.”
Sharma: Indian Overconfidence Caused UPI To Lag Brazil's PIX Globally
“And that required us to open up the protocol in a very structured way. We didn't do that. You know, we are doing that now. But Brazilians with Pix did that I think in July or August of and so we got a little cocky and overconfident about our own momentum in th…”