2025-01-10 06:26:47

India’s payment push is cutting out Visa and Mastercard

As global regulators increase their scrutiny on Visa and Mastercard over merchant fees, India has chosen a different path: creating rival payment networks that are increasingly sidelining international card networks. The strategy builds on India’s Unified Payments Interface, known as UPI, a nine-year-old system that now processes more than 13 billion real-time transactions monthly, or […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2025/01/09/india-rupay-upi-payment-push-is-cutting-out-visa-and-mastercard/

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2025-01-10 06:26:47

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