Global payments company Visa Inc. (V) has reportedly shown concern about India backing its local payments company RuPay. India is a key market for Visa and the payments giant is worried that India’s ...

Visa Inc has complained to the U.S. government that India's "informal and formal" promotion of domestic payments rival RuPay hurts the U.S. giant in a key market, memos seen by Reuters show. NEW DELHI ...

Fighting India’s data protection bill and the rise of Rupay’s favouritism, Visa has written to the US government stating that it hurts Visa’s presence in India Visa is currently the biggest market ...

NEW DELHI (Reuters) -India on Wednesday approved a 13-billion-rupee ($170 million) plan to promote domestic RuPay debit cards and low-value digital transactions to boost their use in marginalised ...