India is promoting RuPay, its homegrown card network, to challenge Visa and Mastercard, leveraging UPI, which now handles 13B+ real-time transactions monthly (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
India is promoting RuPay, its homegrown card network, to challenge Visa and Mastercard, leveraging UPI, which now handles 13B+ real-time transactions monthly  —  As global regulators increase their scrutiny on Visa and Mastercard over merchant fees, India has chosen a different path …