Mastercard says UPI complements digital payments ecosystem, not a competitor; sees significant growth potential in India - The Economic Times

Mastercard sees India's UPI as a complementary platform for digital payments. This homegrown system has significantly expanded the country's digital payment ecosystem. Mastercard continues to invest heavily in cybersecurity to ensure system trust. Enhanced security innovations balance user convenience and friction effectively. India's digital payments framework is considered among the best globally.

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