Indian consumer tech has been one big hand-me-down movement. Flipkart’s an Amazon-wannabe; Ola, an Uber clone; and Zomato, a Yelp version. With payments, too, nothing unique had been created for India; not for the longest. That is until Unified Payments Interface (UPI) was introduced.

It was a payment system created specifically for India by the National Payments Corporation of India (which manages various payment standards in the country).