Comment by FlyingSnake
2 months ago
India also has the RuPay system which is a direct competitor to Visa/Mastercard and it has long overtaken Visa as the top provider.
It’s also available in many global markets like SEA, GCC and others.
2 months ago
India also has the RuPay system which is a direct competitor to Visa/Mastercard and it has long overtaken Visa as the top provider.
It’s also available in many global markets like SEA, GCC and others.
Fun fact: UAE's "Jaywan" cards (currently Debit Cards only) is UAE initiative to replace Visa, Mastercards, etc., and Jaywan itself is based on India's NCPI org's technology stack used for RuPay. So Jaywan is RuPay tech implemented in UAE! Other countries are following suit as NCPI has taken extraordinary efforts to make this technology stack versatile, scalable, interoperable, robust, resilient and easy to implement and customize.
So India is becoming the world leader in digital payments!