Skip to main content

Posts

Showing posts from September, 2025

UPI as a Digital Diplomacy Tool: Soft Power Beyond Borders

 In an increasingly digital world, diplomacy is no longer confined to embassies, summits, or signed treaties. Today, technological prowess especially in the fintech space—is becoming a key lever of soft power. One of the most compelling examples of this emerging trend is India’s Unified Payments Interface (UPI). Originally designed as a domestic payment solution, UPI is now transforming into a tool of digital diplomacy , expanding India’s influence and goodwill far beyond its borders. What is UPI? The National Payments Corporation of India (NPCI)  created the Unified Payments Interface (UPI), a real-time payment system. Launched in 2016, it allows users to transfer money instantly using a mobile device, without requiring bank details beyond a virtual payment address. It is: Seamless Free or low-cost Interoperable across banks Secure and scalable India’s success in driving financial inclusion thr...