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India's plan for a world without cash - Lowy Institute

Retrieved on: 2024-07-02 17:14:29

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Summary

The article discusses India's rise in the ecommerce sector through its advanced digital payment system, UPI, developed by the National Payments Corporation of India. UPI's government backing and global expansion contrast with Chinese private systems like Alipay and WeChat Pay. Tags highlight its alignment with mobile and online payments, apps, and Indian banking innovation.

Article found on: www.lowyinstitute.org

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