India This Week in Payments and Commerce

India's NPCI and JCB Partner for Payment Cards:

National Payments Corporation of India (NPCI), an institution driven by RBI to support/drive all the retail payment systems in India has entered into a strategic partnership with JCB International, an auxiliary unit of Japan’s JCB Co., Ltd., for payment cards issuance and acceptance.

As per the agreement, JCB cardholders will be able to transact at 1 mill ...

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