SCALER POD 06 ft. Shobhit Gupta, Engineering Lead, FamPay | Building a Neobank for Indian GenZ
Scaler Pod - The Software Engineer's Podcast
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IMPS and UPI - What's the Difference?
In India, fintech rails were very strong for a while. Even before UPI people have been using something like IMPS and then that rails were there. I think financial system in the US is usually slower in terms of transferring speeds than India. Like if I have to transfer, like now there have been few apps that have come up. Square has done a little bit of a cash sale. Yeah, Z Square's cash and then Venmo and Zell,. The few apps have come which have some banks backing or even independent startup, which have started doing transfers almost instantaneously with their own wallet concept.
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