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Probably not everyone, I hate QR coded based payment systems but prefer Apple Pay, so the apps won’t have my camera access. Same applies when folks from China c
by yftsui 3y ago
Probably not everyone, I hate QR coded based payment systems but prefer Apple Pay, so the apps won’t have my camera access. Same applies when folks from China claiming Alipay or WeChat is the best payment system.
- lazyninja987 3y agousually people initiate transfer using 10 digit phone number. i really dont like QR codes too because most of the time either the QR code is not oriented for easy scanning or worn out and no longer scannable.
- ramraj07 3y agoI pay by upi multiple times a day and haven’t had a single instance of a bad QR code.
- gmerc 3y agoIt’s not just QR. Plenty of other modes of payment supported including Whatsapp and Google. The government aggressively manages the system to prevent any single company from getting too much weight and forces them to address scams or other system occurs in almost real time by the threat of being thrown off the rails.
- wtmt 3y ago> The government aggressively manages the system to prevent any single company from getting too much weight and forces them to address scams or other system occurs in almost real time by the threat of being thrown off the rails. It’s actually shocking that only a few years ago RBI was concerned about concentration risk of having NPCI (the platform operator of UPI) and invited proposals from banks and companies for NUE (New Umbrella Entity) licenses. Then something changed and it canceled all those proposals. NPCI has a monopoly on instant fund transfers (leaving aside the RBI run RTGS). NPCI wants to limit concentration risk among its clients by trying to push for lower market share among competitors within its platform, like Google Pay or WhatsApp Pay. As for scams, there are plenty of them on UPI every single day, and there’s no way to get any fraudulently transferred funds back without filing a police complaint and waiting for them to do their jobs (and greasing their palms depending on the amount for the job to be done).
- notsahil 3y agoUPI isn't QR based it you can also use UPI ID, which is like email. For eg: example@provider And most UPI are linked with phone number, so you can also pay via phone number if UPI is linked with it.
- kmlx 3y agophone numbers aren’t secure at all thou.
- chupchap 3y agoHow so?
- kmlx 3y agohttps://eu.usatoday.com/story/opinion/2018/07/27/cell-phone-number-more-important-less-secure-twitter-password-column/820232002/ https://eu.usatoday.com/story/opinion/2018/07/27/cell-phone-... it's literally one of the least secure things you can have.
- chupchap 3y agoUPI doesn't just work based on phone number. Phone number is just the username equivalent in this context. You still need to put in a pin.
- perryizgr8 3y agoThe problem with apple pay is that it is inaccessible to 80% of the population.
- ztrww 3y agoApple Pay (unless you use it to pay online) is just wallet app for debit/credit cards, Android has the same thing. I guess in Europe there is just much less demand for systems like this because NFC terminals are you ubiquitous.
- sateesh 3y agoJust curious, why you hate QR code system ?