Friday, November 6, 2020

Google, Walmart hit by India's move to limit some digital payments players

Google's criticism came after India's flagship payments processor the National Payments Corp of India (NPCI) on Thursday said third-party payments apps, from Jan. 1, will not be allowed to process more than 30% of the total volume of transactions on state-backed United Payments Interface (UPI) framework, which facilitates seamless peer-to-peer money transfers.

from Gadgets Now https://ift.tt/2TZ5XzM

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