Archive · 30 Sep 2025
Paytm Founder: UPI Model Shaping Global Digital Payments
Imagine paying with your phone by scanning a picture instead of using a card.
That's the idea behind systems like India's UPI and Brazil's Pix.
Paytm's founder, Vijay Shekhar Sharma, says this way of paying, using QR codes, is spreading worldwide.
It's making it easier and cheaper for businesses to accept payments.
In the US, however, they haven't adopted this technology as quickly.
Sharma explained that the architecture that Paytm started avoids the need for expensive card systems and helps people pay more easily.
Other countries in Southeast Asia are also using similar payment systems.
Paytm founder discussed the global impact of digital payment models.
UPI in India and Pix in Brazil are examples of how QR-based payments are transforming commerce.
US venture capitalist Bill Gurley criticized the US for slow progress in real-time payments.
Sharma says Paytm's architecture has been central to India's digital payments revolution.
QR-based systems lower costs for merchants and boost financial inclusion.
- Who
- Vijay Shekhar Sharma, Bill Gurley
- What
- Discussion on the global impact of digital payment models.
- When
- September 30, 2025 (based on Tweet metadata)
- Where
- India, Brazil, US, UK and SEA countries
- Why
- To highlight how India's UPI model, is reshaping global payments and the US lagging in real-time payments.
- Key Figure
- Vijay Shekhar Sharma, Paytm founder
- Systems Mentioned
- UPI (India), Pix (Brazil), FPS (UK)
- Core Concept
- QR-based merchant payments
- Sharma's View
- Paytm architecture central to digital payments revolution
- US Criticism
- Slow progress in real-time payments