Banks find zero-fee RuPay unattractive

The government’s decision to do away with merchant fees on all payments using RuPay debit cards appears to have had some unintended consequences. There are indications that banks are choosing to issue Visa and MasterCard, which do not face any restriction on fees unlike RuPay.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/302DdcF

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