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RuPay: The Indian Card Payment Alternative Rivals Visa and Mastercardby@clumsycoder
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RuPay: The Indian Card Payment Alternative Rivals Visa and Mastercard

by Kaushal Joshi6mFebruary 28th, 2022
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A few years back in 2012, a new card network was launched in India as an alternative to Visa and MasterCard. It was named 'RuPay**, which sounds like a combination of Indian currency 'Rupee*' and verb '*to pay*' Within just ten years, it became the biggest competitor in the Indian card market and captured 60% of the market share. It became such a severe threat that Visa [complained] about the dominance of RuPay to the US Government.

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Kaushal Joshi

Kaushal Joshi

@clumsycoder

SWE Intern @ Hackernoon | MERN Stack Developer | Technical Blogger

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Kaushal Joshi@clumsycoder
SWE Intern @ Hackernoon | MERN Stack Developer | Technical Blogger

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