UPI vs Mobile Wallets? Here’s why everyone has got this wrong

Mobile wallets won’t die out just because of UPI. (Representational Image)
By Upasana Taku 
A lot of people are confusing Unified Payments Interface (UPI) with an end-user app. Let’s be very clear, UPI is an infrastructure on top of which end-user apps can build and implement the features offered by UPI.
The Reserve Bank of India (RBI) Payment System Vision Document (2012-15) says that UPI envisages a payments architecture that is directly linked to achieving the goals of unive