MUMBAI, Sept 10 : India's payments authority launched a tap-and-pay option in its real-time payments network on Thursday, ahead of an expected full launch of Apple Pay in the country.The Unified Payments Interface (UPI), operated by the National Payments Corporation of India (NPCI), is the world's largest ret

A change to India’s payments law means merchants could be charged a fee for certain real-time payments. Businesses and experts tell CNA that even modest fees could squeeze profits.

MUMBAI, Sept 10 : India's payments authority launched a tap-and-pay option in its real-time payments network on Thursday, ahead of an expected full launch of Apple Pay in the…