Traditional banks have embraced UPI and have the added advantage of an existing customer base. So, why are they worried about startups? In one word, unbundling.

• Read Time : 4 mins

• Tags
• Disruption
• PhonePe
• unified payments interface
• Banking
• #AadhaarEffect
• Paytm
• Fintech
• ICICI Bank
• FreeCharge
• Mobikwik
• State Bank of India