What Are the Different Payment Systems That Are in Active Use Today?

Rohan: RBI's payment systems are actually categorized into two different things, mainly the funds transfer payment systems and the merchant payment systems. A special case here is UPI obviously because it falls under both of those categories. With UPI, like I mentioned, you can pay a friend or you can paid a merchant who you're buying any product from. So that's what really separates UPI apart from some of the other payment systems that we have today.