How is UPI product team role at Indusind Bank?

Just curious to know how big is engineering and product team manages UPI at major UPI Players like PhonePe, PayTm, BharatPe, Google Pay, CRED, Slice, Navi, Fampay, MobiKwik, etc. - Just product and engineering team (not counting business/ CX/ FinOps) - Just UPI Division and not bill payments, insurance, etc.

- The UPI Circle-Delegate Payments feature allows primary UPI account holders to delegate transaction rights to secondary users, enhancing shared financial management. - This feature is particularly useful for families, joint account holders, and businesses, enabling shared access to a single UPI-linked bank account. - Full delegation allows secondary users to make payments independently, while partial delegation requires primary user approval for transactions. - The linking process involves scanning a QR code or selecting contacts from the phone, with security measures like passcodes or biometric authentication. - Key beneficiaries include family members, employees, and rural users, promoting financial inclusion and convenience. Source: [Times of India](https://timesofindia.indiatimes.com/technology/tech-news/upi-circle-what-is-it-features-functionality-and-other-details-of-this-new-feature/articleshow/112690036.cms)

Does anyone have any insights on how RBI plans to remove the gpay and phonepe duopoly? Saw some news here and there, any insider information?

What is the best credit card that I should apply for?

Hi , this post is intended to be a disclaimer to anyone who is planning to join Yubi. A lot of things are happening here that show some signs of an impending layoff 1) Several senior folks in tech and product have quit. Also there is no replacement hiring planned for them. Several projects are also getting shelved as a result. 2) there were several open roles a few weeks back and almost all of them are on hold as of now across all depts( tech , business , ops) 3) rampant cost cutting. The lunch options have been reduced to just 1 dal , 1 veg , rice and chapati. Snacks have been removed too. Because of several folks quitting in less than 6 months and no replacement hiring , load has increased tremendously on existing members who are themselves trying to leave. People have serious doubts on whether any hike or bonus will be given or not this year.

Got an offer from them 6 months ago . Didn't join as their business didn't look sound . They said to me that they are building a UPI app I was like phonpe & paytm are already there na ! I expected some layoffs from slice as they were giving pretty high packages and a lot of over hiring. But surprisingly I didn't hear anything like that even though many start-ups which have stronger business models than slice are laying off.

Do you guys use rupay credit card? I need recommendation. I will be using it mostly for upi payments. Reward structure should be decent.

- RBI Governor Shaktikanta Das launched UPI Circle and Bharat BillPay for Business at GFF 2024 - UPI Circle allows delegation of payments to trusted secondary users, capped at INR 15,000 monthly - BBPS for Business streamlines B2B payments, offering services like invoice management and AR/AP dashboards - EnKash and OPEN partner with NPCI to launch B2B invoice payments on BBPS for Business platform - RBI approves FACE as self-regulatory organisation for fintech sector Source: [Inc42](https://inc42.com/buzz/global-fintech-fest-2024-rbi-governor-launches-upi-circle-bharat-billpay-for-business/)

https://www.youtube.com/watch?v=fE0frCNDccQ&ab_channel=CRED