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India pushes to ease international payments through homegrown network to rival Visa, Mastercard

Summary by Zawya
Launched in 2016, the Unified Payment Interface (UPI) accounted for 83% of India's digital payments volume in 2024, up from 34% in 2019, and dominates the domestic retail payments sector
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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India pushes to ease international payments through homegrown network to rival Visa, Mastercard

Launched in 2016, the Unified Payment Interface (UPI) accounted for 83% of India's digital payments volume in 2024, up from 34% in 2019, and dominates the domestic retail payments sector

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amlintelligence.comamlintelligence.com

NEWS: India asks FATF to ease compliance as local payments network challenges Visa, Mastercard - AML Intelligence

This content is for members only. Visit the site and log in/register to read. The post NEWS: India asks FATF to ease compliance as local payments network challenges Visa, Mastercard appeared first on AML Intelligence.

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amlintelligence.com broke the news in on Friday, March 28, 2025.
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