Disruption of Credit Card Ecosystem by Credit on UPI Products

Not long ago, Suhail Sameer, former BharatPe CEO had said UPI will do to credit what the likes of companies like BharatPe did to debit a few years back. India has more than 960 million debit cards in the country and only about 85 million credit cards.  

But conditions in the credit market are headed towards a disruption because of UPI and there’s one area of the whole credit ecosystem where it is undeniably going to change the game.  In fact, we could go out on a limb to say that credit via UPI could even end it.  

Tune in to find out.