NPCI chief Dilip Asbe on The True Story Behind UPI's Incredible Success | Shradha Sharma

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  • čas přidán 30. 06. 2024
  • ABOUT SHRADHA SHARMA:
    Shradha Sharma is the Founder & CEO of YourStory. She started YourStory in 2008 to tell stories of entrepreneurs - something that mainstream media was not ready to do in 2008. Since then, Shradha has scaled YourStory to become one of India’s leading digital media platforms covering every aspect of India’s new economy.
    She was featured on Fortune’s list of the best 40 under 40 entrepreneurs in India for three years in a row. In 2018, she won the Forbes Power Trailblazers award and was twice featured on LinkedIn’s list of powerful influencers, along with Prime Minister Narendra Modi and actor Priyanka Chopra.
    Follow Shradha on LinkedIn here: / sharmashradha
    ABOUT YOURSTORY:
    YourStory is India’s biggest and definitive platform for startups and entrepreneurs related stories, resources, research reports, and analyses of the startup eco-system, mobile app developers, and more dedicated to promoting the startup ecosystem
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Komentáře • 123

  • @dhananjaysingh1102
    @dhananjaysingh1102 Před rokem +55

    Most inspiring sentence of whole podcast is "If you are not in India for next 10 year you will miss technology" this mentality is what required to deliver in tech talent of India, so The Dilip sir keep inspring and give direction to young techi through your presnce from different platfrom , we need to correct the mentality of our citizen so that we can make India even a better and better place to live and inspire the world.

    • @indian9632
      @indian9632 Před rokem

      Developing world is the place to be in if you are a problem solver

  • @korathmathew
    @korathmathew Před rokem +32

    Brilliant interview. Very informative, futuristic.
    NPCI is unparalleled. No nation has been able to create anything like UPI.

  • @paitenkersuresh5985
    @paitenkersuresh5985 Před rokem +40

    These Brilliant & Talented personalities are making India & Indians proud to the world.

  • @srinivasanradhakrishnan
    @srinivasanradhakrishnan Před rokem +15

    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.

  • @nonstopvenomgamer293
    @nonstopvenomgamer293 Před rokem +4

    UPI barcode on ticket vending machine is great comfort. Keep working to ease peoples life.

  • @vinay82kaul
    @vinay82kaul Před rokem +8

    Thank vision of great leader 🙏🏻 Modi ji for establishing an excellent organization like NPCI .

    • @ask7729
      @ask7729 Před rokem +1

      Sir watch video properly....NPCI started in 2009

    • @ask7729
      @ask7729 Před rokem +1

      We all owes to Manmohan Ji

    • @vasanthakumars2841
      @vasanthakumars2841 Před rokem +3

      Listen closely. It has become more innovative after 2014.

    • @floracelin8823
      @floracelin8823 Před 5 měsíci

      UPI is build on top of IMPS by NPCI which was introduced by Manmohan govt

  • @rajendraparte8242
    @rajendraparte8242 Před rokem +5

    UPI payment using credit card is amazing... great development sir.. India is leading in digital innovation ❤

  • @TheIndraprastha8
    @TheIndraprastha8 Před rokem +9

    Dilip asbe one of the gem in Indias financial inclusion story'. 🤝👍🙏❤

  • @the_bhartiya_spirit
    @the_bhartiya_spirit Před rokem +19

    Dillip sir and people working with him are blessing for our Bharat🇮🇳❤️🙏

  • @tsrinivas7
    @tsrinivas7 Před rokem +11

    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!!

    • @PARTHASARATHIJS
      @PARTHASARATHIJS Před rokem

      agree whole heartedly.

    • @dkrsharma
      @dkrsharma Před 11 měsíci

      I have a Virtual Rupay Card by HDFC

    • @santoshsivaramkrish
      @santoshsivaramkrish Před 10 měsíci

      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!,

  • @rohanp5421
    @rohanp5421 Před rokem +16

    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.

    • @Kathakathan11
      @Kathakathan11 Před rokem

      Well yes absolutely

    • @Kathakathan11
      @Kathakathan11 Před rokem

      I don’t know about private, but giver meme to does pay the most it can.

  • @manishkumarpoddar
    @manishkumarpoddar Před rokem +3

    Awesome achievement and execution relentlessly on the Payment Sector and completely disrupted the segment through inclusion, collaboration, innovation and humility.

  • @MyKarur
    @MyKarur Před rokem +3

    What a clear thinking visionary Dilip Asbe!

  • @kprabhakar975
    @kprabhakar975 Před rokem +3

    Thank you Shardha Sharma mam for interviewing Dilip Asbe sir. It is a great food for thought for me and inspiration for me.

  • @sanjaydoijad2290
    @sanjaydoijad2290 Před rokem +1

    Hatt's off to Mr. Dilip!
    Fantastic!
    Keep Inovating! Keep Guiding!

  • @moviefreak4812
    @moviefreak4812 Před rokem +2

    What an Enthusiasm, amazing Dilip sir

  • @kjindani
    @kjindani Před rokem +17

    Kudos to the builders of such great digital public infrastructure

  • @maheshadvani8311
    @maheshadvani8311 Před rokem +1

    Too good
    Well done 👏👏👏👏👏👏

  • @hammadshaikh4278
    @hammadshaikh4278 Před rokem +3

    Great job 🎉

  • @AnkitG12
    @AnkitG12 Před 11 měsíci

    So much valid information. Thank you.

  • @vijaysharanski9546
    @vijaysharanski9546 Před rokem

    Wonderful. Most impressive.

  • @kaustubhsinnarkar8416
    @kaustubhsinnarkar8416 Před rokem +1

    Great thrust for economy ❤

  • @jahil496
    @jahil496 Před 10 měsíci

    just too awesome

  • @kartikchaturvedi7868
    @kartikchaturvedi7868 Před rokem

    Superrrb Awesome Fantastic video

  • @floracelin8823
    @floracelin8823 Před 4 měsíci

    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 .

  • @mamtasubramanian9038
    @mamtasubramanian9038 Před rokem +1

    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

  • @kumarjis
    @kumarjis Před rokem +8

    Proud of my country for making such talents ...

  • @sanujitroy6830
    @sanujitroy6830 Před rokem +1

    How many countries would work

  • @kbmehta4208
    @kbmehta4208 Před rokem +1

    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.

  • @shankerpai4617
    @shankerpai4617 Před rokem +4

    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 ))

  • @avi130avi130
    @avi130avi130 Před rokem +1

    👍🏻

  • @Sheela9999
    @Sheela9999 Před rokem +1

    Banks should be having max limit per account for charges to be leavied and it should be capped at rs. 250 per account

  • @ramadasan7
    @ramadasan7 Před 11 měsíci

    👍👍👍👍👍👍👍👍👍

  • @MrTmagrawal
    @MrTmagrawal Před rokem +2

    NPCI should work on failed transactions and set a legal time limit for settlement of such disputes.

  • @shankerpai4617
    @shankerpai4617 Před rokem +86

    " Money can be moved with in 2 Banks in 30 seconds.. "

  • @ravindertalwar553
    @ravindertalwar553 Před rokem +1

    ALMIGHTY GOD WILL ULTIMATELY AND DEFINITELY SET EVERYTHING RIGHT

  • @adarshiyer7190
    @adarshiyer7190 Před 11 měsíci

    Host is too good❤

  • @Sheela9999
    @Sheela9999 Před rokem +1

    Also restrict bank charges head under which bank leavy charges on whatever pretext to consumers --- first they are monopoly and then they extort consumers

  • @sooraj949
    @sooraj949 Před 11 měsíci

    👌👏👍🙏

  • @adityachennai4854
    @adityachennai4854 Před rokem +2

    He is going to be next narayana muthy of this decade......of UPI to start with

  • @jaguarunleashed4935
    @jaguarunleashed4935 Před rokem

    super guy

  • @gautamhalder5929
    @gautamhalder5929 Před rokem +13

    They are making india not IAS

    • @ranajitroy9938
      @ranajitroy9938 Před rokem

      ????

    • @ruchik05
      @ruchik05 Před rokem

      Anadi अनाड़ी comment,
      It's like saying... little finger is not as important as middle finger.

  • @pankaj0101
    @pankaj0101 Před 3 měsíci

    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.

  • @neils7236
    @neils7236 Před rokem

    Thats great Dilip, And it's Mumbai, not bombay.

  • @rajekaustubha
    @rajekaustubha Před rokem +1

    what a vision !!! kudos to the government and all the brilliant minds working on this

  • @anoopnishad5785
    @anoopnishad5785 Před rokem

    UPI the future of payment industries

  • @ramanv.r3422
    @ramanv.r3422 Před rokem

    I am using Gpay . Does Google get any commission for this use. Which payment system should I use so that my country benefits.

    • @nee7884
      @nee7884 Před rokem +1

      BHIM UPI is directly from NPCI,
      It's not as smooth as Phonepe but I still use BHIM UPI

    • @vinaybhat7670
      @vinaybhat7670 Před rokem

      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...

    • @vinaybhat7670
      @vinaybhat7670 Před rokem

      Even PhonePe is not indian App...its owned by Walmart (Flipkart)

  • @thelearner210
    @thelearner210 Před rokem +4

    I am counting "you know"😂😂

  • @Sheela9999
    @Sheela9999 Před rokem +2

    Remove banking monopoly for large ticket transactions and make it also 30 secs and 24 x 7

    • @VALAR_Morgulis.
      @VALAR_Morgulis. Před rokem

      That's dangerous for financial terrorism

    • @Sheela9999
      @Sheela9999 Před rokem

      @@VALAR_Morgulis. why is it dangerous -- already in USA chase has it and citizens use it beuatiflly

  • @omkar1shrm
    @omkar1shrm Před rokem

    Sartup capital. It's only Bengaluru; nothing comes even close.

  • @umeshyadavoffical
    @umeshyadavoffical Před rokem +1

    I only take 10 sec or less sometimes

  • @100960mmm
    @100960mmm Před rokem +3

    There are many invisible like him who is building India and Madam is also appreciated, ON otherside Rahul Gandhi is dragging. Very interesting period

  • @user-qr4po5nn5d
    @user-qr4po5nn5d Před rokem +5

    I vote BJP 🎉🎉🎉🎉

  • @ronak4489
    @ronak4489 Před rokem

    Integrate Credit cards like Visa and MC and then we’ll talk

  • @yuhgdhg2768
    @yuhgdhg2768 Před rokem +1

    Upi is less complicated then her chuni 🤣🤣

  • @surya78900
    @surya78900 Před rokem +2

    😅😅😅But as usual "Modi Hey tho mumkin hey"😅😅😅

    • @NidhishAbraham
      @NidhishAbraham Před rokem

      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.

    • @nou7401
      @nou7401 Před 11 měsíci +1

      @@NidhishAbraham lol, UPI came into existence after 2014

  • @indianpoliticalsystem1949

    You are wrong
    Startup capital of India is Bengaluru

  • @austin426512
    @austin426512 Před rokem +1

    He keeps saying Bombay????😂😂😂😂😂

  • @lakshyavarshney9942
    @lakshyavarshney9942 Před rokem

    Everything technological is shit, we must have discourse in society related to all this

  • @MargaretTCGangteManashe
    @MargaretTCGangteManashe Před 4 měsíci

    What caste does Dilip Asbe belong to?

  • @jeevacb1891
    @jeevacb1891 Před 9 dny

    Why modi is taking credit?😂 Npci developed upi... which was formed in 2008!!

  • @jit2500
    @jit2500 Před 7 měsíci

    ,Sarkari naukri hai air techies ko gyan de Rana hair not to swtch

  • @VALAR_Morgulis.
    @VALAR_Morgulis. Před rokem +8

    Dont forget chidambaram criticism and mocking of UPI concept... Congress never wanted india to grow...
    Modi hai tho mumkin hai

    • @NidhishAbraham
      @NidhishAbraham Před rokem

      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.

    • @pankaj0101
      @pankaj0101 Před 3 měsíci

      ​@@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.

  • @Unni4912
    @Unni4912 Před rokem

    The interviewer has to be trained to be more professional. Very amateurish.

  • @varadarajudharanipragada760

    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?

    • @soumyaranjannayak2057
      @soumyaranjannayak2057 Před rokem +7

      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?

    • @bapparawal2457
      @bapparawal2457 Před rokem +3

      Will you wait in shop for 1 hour for money payment ?

    • @jaguarunleashed4935
      @jaguarunleashed4935 Před rokem

      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.

    • @MrReachashish
      @MrReachashish Před rokem +1

      Yes uncle. 😂😂😂

    • @NidhishAbraham
      @NidhishAbraham Před rokem +2

      🏦 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

  • @19683
    @19683 Před rokem +1

    Bombay
    But
    Chennai
    Can't trust this person

  • @anilraghu8687
    @anilraghu8687 Před rokem

    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.

    • @VALAR_Morgulis.
      @VALAR_Morgulis. Před rokem +5

      And that will be useful for terrorism and money laundering activities

    • @anilraghu8687
      @anilraghu8687 Před rokem

      It is also pretending UPI is better technology than crypto. Legislation cannot determine which technology is better.

    • @mehuaniket
      @mehuaniket Před rokem +1

      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.

  • @nfuel99
    @nfuel99 Před rokem

    Hats off to Manmohan Singh under whose rule tgis was planend and developed

    • @viveklal9147
      @viveklal9147 Před rokem +4

      🤣🤣🤣🤣🤣🤣🤣🤣🤣

    • @nou7401
      @nou7401 Před 11 měsíci +1

      😂😂😂😂😂😂😂

  • @samm8654
    @samm8654 Před rokem

    These qr code system is long back invented by japan and popularised by china and copied by india😂

    • @kumarjis
      @kumarjis Před rokem +8

      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

    • @SamirSeth
      @SamirSeth Před rokem +6

      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.

    • @naravindrajesh3140
      @naravindrajesh3140 Před rokem

      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.

    • @VALAR_Morgulis.
      @VALAR_Morgulis. Před rokem

      Aagaya toxic hater...

  • @sabhrestman6644
    @sabhrestman6644 Před rokem

    shradha is very unprofessional

  • @SamphuPandit
    @SamphuPandit Před rokem

    #shambhupandit*2**4👍more👈🏾vouchar😢😭nie mila😢😭😭😭😭😭😭😭😭😭😭😭😭😭😢😢😢😭😭😭😭😭😭😭😭😡😭😭😭😭😭😭😢😢😢😢😢😢😢😢👈🏾👈🏾👈🏾👈🏾👈🏾👈🏾👈🏾👈🏾👈🏾👈🏾