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by sirius87
1014 days ago
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The next leg of growth for UPI is already underway with the inclusion of RuPay credit cards under UPI. Until last year, UPI transactions would directly hit your bank account balance and flood your bank statement with many small purchase entries. Linking a RuPay [1] credit card to a UPI app provider such as Google Pay in India allows users to pay through their credit card [2]. This will in turn boost transaction volume on India's indigenous RuPay payment network, and it will probably show its impact on Visa and Mastercard. [1] https://en.wikipedia.org/wiki/RuPay [2] https://www.livemint.com/news/india/google-pay-brings-rupay-... |
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