BLOG

Notes on India's financial infrastructure.

Plain-English explainers on payments, identity, lending and fraud — written for people building in Indian BFSI. See also the fintech glossary.

PAYMENTS

How UPI actually works — a plain-English guide.

NPCI, PSPs, TPAPs, and what happens in the seconds between tapping "pay" and money moving.
IDENTITY

KYC in India: the types, and when each applies.

Full KYC, eKYC, V-CIP, CKYC and DigiLocker flows — and why onboarding funnels leak.