Radio and PodcastRadio and PodcastLive Radio & Podcasts
Are We Spending More Money Because of UPI? (ft. Ateesh Tankha) artwork
News & Politics

Are We Spending More Money Because of UPI? (ft. Ateesh Tankha)

The Big Story by The Quint

May 1, 202381:51News & Politics

In this episode of The Big Story, our hosts Anjali and Prateek talk about money. Now, we don't have a lot of money, but we do have a lot of questions about money. About UPI, precisely. Are we spending more money because...

About This Episode

Are We Spending More Money Because of UPI? (ft. Ateesh Tankha) is an episode from The Big Story by The Quint. In this episode of The Big Story, our hosts Anjali and Prateek talk about money. Now, we don't have a lot of money, but we do have...

Podcast

This episode belongs to The Big Story.

Listen Online

Use the player on this page to stream the episode online.

Episode Details

Published May 1, 2023, 81:51 long, audio available.

Related Episodes

Continue listening to more episodes from The Big Story.

Questions About This Episode

What is Are We Spending More Money Because of UPI? (ft. Ateesh Tankha) about?

In this episode of The Big Story, our hosts Anjali and Prateek talk about money. Now, we don't have a lot of money, but we do have a lot of questions about money. About UPI, precisely. Are we spending more money because of UPI? How does UPI make money? And is UPI just another startup that'll eventually flop? Because it used to give us so many freebies at one point, but now there's a conversation about charging for payments.To answer these questions, we have Ateesh Tankha, founder and CEO of ALSOWISE Content Solutions, India’s first comprehensive English proficiency and communications training app. He has extensive experience in payments and banking, and was, till 2016, the Head of Citi Merchant Services, North America. 0:00 - Intro10:19 - What is UPI? How does it even work? 15:50 - Creation myths around UPI17:37 - Costs attached to UPI payments21:55 - Why are Indian banks not interested in UPI?24:35 - The massive growth of UPI in India26:09 - How did UPI grow so much, but PayTM couldn't29:52 - The business model of Google Pay, PhonePe, etc. 32:00 - How does NPCI make money?34:45 - Are we spending more money because of UPI?41:55 - Who should be paying for UPI transactions?48:24 - How involved is the government in regulating UPI? 52:00 - CBDC and how UPI can be used to reduce our dollar dependence54:45 - E-Rupee and how money works55:54 - UPI and its privacy concerns1:04:50 - Is UPI just a failing startup?1:15:26 - Outro Learn more about your ad choices. Visit megaphone.fm/adchoices

Where can I listen to Are We Spending More Money Because of UPI? (ft. Ateesh Tankha)?

You can listen to Are We Spending More Money Because of UPI? (ft. Ateesh Tankha) online on Radio and Podcast. Open the player on this page to stream the available audio.

Which podcast is Are We Spending More Money Because of UPI? (ft. Ateesh Tankha) from?

Are We Spending More Money Because of UPI? (ft. Ateesh Tankha) is an episode from The Big Story by The Quint.

How long is this episode?

This episode is 81:51 long.

When was this episode published?

This episode was published on May 1, 2023.

Can I save Are We Spending More Money Because of UPI? (ft. Ateesh Tankha) for later?

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Are there related episodes from The Big Story?

Yes. This page shows related episodes from The Big Story when more episodes are available from the podcast feed.