The world watches as India tries a hard 30% cap to avoid tech's anti-trust troubles

Under India's unique rule, no single player can grab more than 30% of total payments transactions. Every company also has to use India’s open payments platform, guaranteeing interoperability so money can be transferred between any of more than 100 traditional banks and digital services like Google Pay — all without fees.

from Banking/Finance-Industry-Economic Times https://ift.tt/33Blv1Q