India weighs delaying caps on UPI market share in win for PhonePe, Google Pay

TechCrunch
By Manish SinghMay 9, 2024, 6:18 am208 ptsTop
India’s mobile payments regulator is likely to extend the deadline for imposing market share caps on the popular UPI payments rail by one to two years, sources familiar with the matter told TechCrunch. The National Payments Corporation of India (NPCI), a special unit of the Reserve Bank of India, plans to…

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