In this episode, Aman and Zubin explore the evolution and impact of national payment rails, focusing on UPI in India and PIX in Brazil. They discuss the significance of these systems in enhancing financial inclusion, reducing transaction costs, and fostering innovation. The conversation also delves into global payment systems, highlighting the unique approaches taken by different regions, including Europe and Asia, and the challenges faced by the U.S. in establishing a cohesive payment infrastructure. The episode concludes with insights on the future of payments and the geopolitical implications of payment systems.
Fintech Playmakers: National Rails
In this episode, Aman and Zubin explore the evolution and impact of national payment rails, focusing on UPI in India and PIX in Brazil. They discuss the significance of these systems in enhancing financial inclusion, reducing transaction costs, and fostering innovation. The conversation also delves into global payment systems, highlighting the unique approaches taken by different regions, including Europe and Asia, and the challenges faced by the U.S. in establishing a cohesive payment infrastructure. The episode concludes with insights on the future of payments and the geopolitical implications of payment systems.