India Unable To Impose Caps on Mobile Payments Market Share, Four Years On

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By msmashMay 10, 2024, 4:40 pm133 pts
Eight years ago, a coalition of retail banks in India built a mobile payments system called the UPI. The system is interoperable, allowing users to make instant peer-to-peer transactions between them -- across all participating banks -- and to merchants at zero cost. Today, it processes more than 12 billion…

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