RBI's ban on Mastercard likely to create monopoly in India's credit card market

While homegrown platforms are expected to gain modestly, Visa's superior reward offerings to merchants and the government's zero Merchant Discount Rate (MDR) rule on National Payments Corporation of India (NPCI) is likely to put Visa in an advantageous position.

from Economy-News-Economic Times https://ift.tt/2W13dGk
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