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UPI no challenge to Mastercard, has expanded digital payments: Exec
Mastercard India head Gautam Aggarwal sees UPI as a complementary system. UPI has educated consumers and expanded the digital payments market significantly. India possesses the world's largest digital payments ecosystem in absolute terms. Mastercard invests heavily in cybersecurity to ensure user convenience and security. A strong regulatory framework and consumer education are vital for continued growth.
Raccontata da
economictimes.indiatimes.com
Timeline cronologica
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UPI apps could chase big-ticket transactions as MDR return looms - The Economic Times
The UPI race has so far centred on acquiring consumers and monetising them by cross-selling loans, insurance and investments, as there has been no direct fee income on UPI…
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UPI no challenge to Mastercard, has expanded digital payments: Exec
Mastercard India head Gautam Aggarwal sees UPI as a complementary system. UPI has educated consumers and expanded the digital payments market significantly. India possesses the…
- ·
Mastercard says UPI complements digital payments ecosystem, not a competitor; sees significant growth potential in India - The Economic…
Mastercard sees India's UPI as a complementary platform for digital payments. This homegrown system has significantly expanded the country's digital payment ecosystem. …