Can AI-powered voice payments for UPI transactions impact India's digital payments?
Voice assistants have infinite potential uses and duties because they can be implemented in virtually any industry, including finance, healthcare, retail, and advertising. Banks and other payment services are beginning to research the feasibility of implementing voice technology for financial transactions.
As tech giants like Google, Amazon, and Apple produce AI-enhanced gadgets with a conversational voice interface, consumers' interest in voice assistants grows across all markets.
PWC predicts that using cashless payments worldwide will climb by 80% between 2020 and 2025 and nearly triple by 2030.