Friday, July 4, 2014

MasterCard & Visa Face Big Assault from Govt's RuPay

...............In a communiqué to banks last week, Gurdial Singh Sandhu, secretary at the finance ministry's department of financial services, “urged“ CEOs of public sector banks to issue RuPay cards to all existing customers who do not have debit cards as well as to new clients. Banks have also been told to “encourage“ merchant establishments to install point of sale terminals for RuPay cards, ...........

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