{"id":4687,"date":"2024-10-16T11:08:19","date_gmt":"2024-10-16T11:08:19","guid":{"rendered":"https:\/\/dvararesearch.com\/centre-for-customer-protection\/?p=4687"},"modified":"2024-11-06T12:31:38","modified_gmt":"2024-11-06T12:31:38","slug":"upis-democratised-cashless-payments-but-not-grievance-redressal","status":"publish","type":"post","link":"https:\/\/dvararesearch.com\/centre-for-customer-protection\/upis-democratised-cashless-payments-but-not-grievance-redressal\/","title":{"rendered":"UPI\u2019s democratised cashless payments but not grievance redressal"},"content":{"rendered":"

The story of UPI becoming India\u2019s default payment method is one of acculturing tremendously diverse groups of Indians to digital payments using a seamless, safe and intuitive user interface. UPI has emerged as a practical and accessible payments solution for low-income customers who are possibly new to digital finance. Nearly three in four UPI transactions are of a value below Rs 500 and the average UPI transaction is around Rs 1,500. No other digital payment method can boast of volumes in this ticket size range \u2013 the average credit card transaction is three times larger. Clearly, UPI has secured a strong foothold among the financial practices of low-income users.<\/p>\n

Read the digital article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The story of UPI becoming India\u2019s default payment method is one of acculturing tremendously diverse groups of Indians to digital payments using a seamless, safe and intuitive user interface. UPI has emerged as a practical and accessible payments solution for low-income customers who are possibly new to digital finance. Nearly three in four UPI transactions […]<\/p>\n","protected":false},"author":2,"featured_media":4686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[8],"tags":[44,45,46],"hashtags":[],"class_list":["post-4687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opinions","tag-customer-protection","tag-financial-grievance-redress","tag-upi"],"_links":{"self":[{"href":"https:\/\/dvararesearch.com\/centre-for-customer-protection\/wp-json\/wp\/v2\/posts\/4687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dvararesearch.com\/centre-for-customer-protection\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dvararesearch.com\/centre-for-customer-protection\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dvararesearch.com\/centre-for-customer-protection\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dvararesearch.com\/centre-for-customer-protection\/wp-json\/wp\/v2\/comments?post=4687"}],"version-history":[{"count":1,"href":"https:\/\/dvararesearch.com\/centre-for-customer-protection\/wp-json\/wp\/v2\/posts\/4687\/revisions"}],"predecessor-version":[{"id":4688,"href":"https:\/\/dvararesearch.com\/centre-for-customer-protection\/wp-json\/wp\/v2\/posts\/4687\/revisions\/4688"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dvararesearch.com\/centre-for-customer-protection\/wp-json\/wp\/v2\/media\/4686"}],"wp:attachment":[{"href":"https:\/\/dvararesearch.com\/centre-for-customer-protection\/wp-json\/wp\/v2\/media?parent=4687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dvararesearch.com\/centre-for-customer-protection\/wp-json\/wp\/v2\/categories?post=4687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dvararesearch.com\/centre-for-customer-protection\/wp-json\/wp\/v2\/tags?post=4687"},{"taxonomy":"hashtags","embeddable":true,"href":"https:\/\/dvararesearch.com\/centre-for-customer-protection\/wp-json\/wp\/v2\/hashtags?post=4687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}