Budget’s push on e-payments could hit Visa, Mastercard hard

The government’s move to do away with bank charges on electronic payments for businesses with an annual turnover of Rs 50 crore could hit Mastercard and Visa hard as merchants will now find it more profitable to accept UPI and other local e-payments.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2NCR05V