3 ms·
> Consumers prefer safer payment methods for big-ticket items. “I use upi to buy chai. But I wouldn’t use it for a plane ticket,” says one architect based in Mu
by runeks 3y ago
> Consumers prefer safer payment methods for big-ticket items. “I use upi to buy chai. But I wouldn’t use it for a plane ticket,” says one architect based in Mumbai.
> There are other flaws with upi.
This doesn't sound like a flaw at all to me, but a feature.
Why on earth would I want to pay a 2% fee for "consumer protection" when I go to a physical store to buy a can of coke?
The reason I do this is only because I have no alternative.
Also, there's nothing preventing building an escrow service on top of UPI, as far as I know. This would be useful for online purchases where the seller isn't entirely trustworthy.
- kylehotchkiss 3y agoMaybe this is just plane tickets specifically, the government spent like a year and a half yelling at the airlines to refund people in cash and not lousy credits after all the Covid flight cancellations. That was an issue chargebacks would have been very helpful in reducing