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In UPI (similar Indian system), govt backed system acts as a central conduit between apps, banks, payment service system. So, the user can easily switch apps/ba
by blackoil 2y ago
In UPI (similar Indian system), govt backed system acts as a central conduit between apps, banks, payment service system. So, the user can easily switch apps/banks. This prevents any hard monopoly but ensures competition and innovations at all levels.