Paytm founder Vijay Shekhar Sharma has said that the digital payments model pioneered in India is now shaping systems across the world, citing UPI at home and Brazil’s Pix as examples of how QR-based merchant payments are transforming commerce. His remarks came in response to US venture capitalist Bill Gurley, who criticised America’s slow progress in developing real-time payments. Advertisement

On X, Gurley wrote, “US should be embarrassed we are a tech laggard to Brazil. PIX is what FedNow wants to be. India, China, UK and many other countries have had a system exactly like Pix for years and years. Study PIX. Way better than what we have in US. FPS in UK launched 17 years ago. Captured.”

Responding to the post, Sharma said Paytm’s architecture has been central to India’s digital payme

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