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You are at:Home»Technology»Upi no more technology is a habit on the population: the CEO of Fide Sujit Nair
Technology

Upi no more technology is a habit on the population: the CEO of Fide Sujit Nair

April 13, 2025012 Mins Read
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Sujith Nair, CEO and co-founder of Foundation for Interoperability Digital economy (Faith), said on Friday that UPI is no longer a technology and that it has become a habit of population scale.

“UPI is no longer a technology in a certain sense. UPI is a habit on the population.

He added digital public infrastructure (DPI) can put people, businesses at the center and give them access, opportunities, choices to participate in a formal economy and extend the pie for everyone and the market as a whole.

Speaking of Ondc, a DPI, he said Wave In fact helps traders and drivers to have more to say, more participation and more autonomy.

“Without having to have a central platform at the center so that they can make their own choices. They can come in their own words and participate without having to depend on any other intermediary. This idea of ​​the decentralized electronic commerce network, not an ONDC platform, he explained.

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“In the way they want to access the digital economy to develop themselves and also build resilience around what they are doing. For example, it is not only for a driver to obtain more rights, but also to obtain loans and insurance and the ONDC can facilitate all this.”

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Digital public infrastructure is revolutionizing public services and creates economic opportunities worldwide, especially in countries in the world. Aadhaar And Unified payment interface (UPI) created seamless digital ecosystems for India – which managed to highlight DPI during his presidency of the G20.

Nigeria has exploited digital identity and payment systems and seeks to create data exchanges then, the Malawi deploys DPI-as-a-Packged-Solution (DAAS) on a G2P pilot project for post-discipline social support payments, the new UNDP Papua has led the 50 out of 5 campaign.

However, the challenges of the adoption of the DPI remain – problems of data confidentiality and cross -border information flows to unequal adoption and technical interoperability problems that can expand existing divisions.

India has signed memorandum of understanding with several countries for cooperation in the field of digital public infrastructure so far.

Among other things, a key accent of the Indian government has been to ensure that the advantages of Indian IDPs are not limited only to India; Other countries also benefit from it.

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