UPI

“Yeah, it's a, it can be a multi-currency protocol. It can be for wallets, bank accounts. Tomorrow it can be used for CBDC. So you can, once you have that basic infrastructure on that, you can add different types of accounts.”

“That was completely made with the UPI, and now half the transactions IPO are on the mobile phone, UPI as bar transactions. That made IPOs so much easier to do.”

“And then, of course, today, UPI does 14.4 billion transactions in a month.”

“As part of Aadhaar, today we have UPI, which takes away the need for Visa and MasterCard, so it's a three percent tax on the economy that Indians don't pay, but everybody in the U.S. Pays.”

“You know, the Indian government has actually done some things very impressive working with, you know, like UPI and these things are incredible.”

“We're actually planning to relaunch in India on Monday, and we, I believe we're now the first you know, international player in India that has a local license and access to the local payment rails and, You know, we registered with the FIU, and so we've got a l…”