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US report criticises NPCI for 'favouring' local players
short by Mansi Agarwal / on 03 Apr 2025,Thursday
A US National Trade Estimate report criticised the National Payments Corporation of India (NPCI) for favouring domestic players over foreign companies. The report mentioned that NPCI earlier proposed a 30% market share cap for foreign payment service suppliers processing UPI payments. The Finance Ministry hasn't enforced this market share ceiling yet, the report noted.
short by Mansi Agarwal / 11:16 am on 03 Apr
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