India's digital payments strategy is cutting out Visa and Mastercard(techcrunch.com)
techcrunch.com
India's digital payments strategy is cutting out Visa and Mastercard
https://techcrunch.com/2025/01/09/india-rupay-upi-payment-push-is-cutting-out-visa-and-mastercard/
1 comments
inadvertent de-risking. Failure of US payments providers to localise to previously low-value Global South markets gave domestic operators a chance to emerge and grow. Having control over your own payments systems is obviously good for national security and national sovereignty rather than be dependent on foreign providers