A day after Finance Minister Nirmala Sitharaman asked banks to "only promote" RuPay cards, Visa's country manager for India and South Asia T R Ramachandran said that digital payments penetration is very low in India at only 18 per cent of overall personal consumption expenditure.
source https://economictimes.indiatimes.com/industry/banking/finance/after-fm-pitch-for-promoting-rupay-visa-says-competition-offers-innovation-choice-to-customers/articleshow/79170684.cms
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