Paytm Seel Inourn: Founder on how to run the UPI model for Brazil, reshape payments worldwide

Paytm Vijay Shekhar Sharma said that the pioneering digital payment model in India is now forming systems around the world, citing UPI at home and Brazil as examples of how to convert QR commercial payments. His remarks came in response to Bill Gorley, the American capitalist, who criticized America’s slow progress in developing payments in actual time.

On X, Gurley wrote: “We must feel embarrassed, we are behind the technology for Brazil. Pixel is what Fednow wants. India, China, the United Kingdom and many other countries had a system like PIX completely for years and years. Pix.

In response to this position, Sharma said that the Bite M structure was essential to the revolution of digital payments in India and is now repeated worldwide. He wrote: “What we have started with the Kbaytem all over the world now. As UPI in India or Pixel in Brazil. IMO, Merchant QR replaces the merchant’s cost to a significant low level. It avoids huge Capex Pos as required card systems. It is what the developing world can contribute to developed countries.”

He explained that the PayTM model for “Compute + Network on the Consumer side (on mobile)” eliminates the barriers created by traditional cards based. “This architecture is the one that forces the low end of consumers and merchants outside modern payment systems. In India, Brazil, or various other sea countries, the mobile QR payments are a way of life!” Sharma added.

Its comments on how UPI, which now works to fill billions of monthly transactions in India, and similar QR systems in Brazil and Southeast Asia, confirm to reduce the costs of merchants while enhancing financial inclusion-commitment sharply with the United States, where the adoption of systems in actual time.