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)

January 10, 2025 by Projesh Kar

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 …

Projesh Kar

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