RuPay's Rise Heats Up Payments
It faces a tough challenge though in breaking the bastion of foreign payment networks in both debit and credit cards.
It faces a tough challenge though in breaking the bastion of foreign payment networks in both debit and credit cards.
The RBI had last year imposed restrictions on Amex from on-boarding new domestic customers onto its card network.
Mastercard was the third US card network that was barred by the RBI for non-compliance with the local data storage norms.