Digital Payments: UPI's Role in Impulsive Spending Raises Concerns
WEB Policy Circle Raises Alarm
Unintended Impact of UPI on Spending Habits
**New Delhi, August 6, 2024** - India's beloved Unified Payment Interface (UPI) system, while revolutionizing digital payments, has inadvertently contributed to a worrying trend of impulsive spending, according to a recent report from WEB Policy Circle.
WEB Policy Circle, an independent media platform known for its in-depth analysis of Indian economy and governance, published a report highlighting the unintended consequences of UPI's convenience and accessibility.
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