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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The feature has attracted a whole host of startups taking people for a ride. The problem is now large enough for an efficient regulator to step in.
I’d like to share a get-rich scheme with you today. It goes something like this:
Step 1: Build an app catering to India’s hinterland. Basically, a target group that resembles a large, aspirational population, but with a poor understanding of technology. For instance, an app that sells video, text or audio content that is NSFW (not safe for work). Something titillating.
Step 2: Enable a payments system where users can access the content only via UPI Autopay. Create lucrative offers such as a month’s subscription for Re 1 and Rs 399 thereafter.
Step 3: Use lots of dark patterns and …
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
