UPI market cap

’50 Payment Apps Set To Revolutionize UPI Landscape’, Says NPCI CEO

The National Payments Corporation of India (NPCI) has reported a surge of interest from new participants in the Unified Payments Interface (UPI) ecosystem, with 50 new third-party application providers (TPAPs) eager to join. This interest comes despite the absence of a merchant discount rate (MDR), which has historically been a...