India's payments chief says AI will drive the next UPI wave. The real lesson for Sri Lankan builders isn't the AI — it's who owns the data and the business model.

Dilip Asbe said that newer UPI apps could be more competitive with a viable commercial model

NPCI CEO Dilip Asbe says AI will power the next wave of UPI growth through fraud detection, credit distribution, and multilingual voice onboarding.

NPCI CEO Dilip Asbe revealed plans to integrate AI into UPI, emphasizing its potential to enhance functionality and urging banks to develop tailored AI models for specific tasks.

India's payments chief says AI will drive the next UPI wave. The real lesson for Sri Lankan builders isn't the AI — it's who owns the data and the business model.