UPI processed 16.9 billion transactions, amounting to a transaction value of Rs 23.48 lakh crore. However, Visa and Mastercard continue to dominate India’s credit card market, even as RuPay gains ...
MUMBAI (Reuters) - The Reserve Bank of India on Wednesday indefinitely barred Mastercard Inc from issuing new debit, credit or prepaid cards to domestic customers for violating data storage rules.