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businesstoday.in
RuPay Power in India! Most people don’t realise this, but India has quietly built a payments network strong enough to challenge two of the world’s biggest giants - Visa and MasterCard, each valued at over $1 trillion. And the challenger isn’t a private company - it’s NPCI, the not-for-profit behind our very own RuPay card. When RuPay launched in 2012, Visa and MasterCard dominated India. Every transaction came with heavy processing fees, and merchants had no real alternatives. So NPCI stepped in
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