After FM pitch for promoting RuPay, Visa says competition offers innovation, choice to customers

A day after Finance Minister Nirmala Sitharaman asked banks to "only promote" RuPay cards, Visa's country manager for India and South Asia T R Ramachandran said that digital payments penetration is very low in India at only 18 per cent of overall personal consumption expenditure.

from Banking/Finance-Industry-Economic Times https://ift.tt/3neDLWg