India OKs $170-mln plan to promote RuPay debit cards, rivaling Visa, Mastercard

NEW DELHI, Dec 15 – India on Wednesday approved a 13-billion-rupee ($170 million) plan to promote domestic RuPay debit cards and low-value digital transactions to boost their use in marginalised populations, in a move that could challenge the clout of rivals like Visa (V.N) and Mastercard (MA.N). Under the plan, the […]