alt Hacker NewsIndia's UPI is practically impossible to use even for tourists in India. It's not serving the same role as Visa and MasterCard.
India's UPI is practically impossible to use even for tourists in India. It's not serving the same role as Visa and MasterCard.
How is it impossible to use? Apparently everyone in India is using it? Apparently only tourists face issues with it?
With visa and Mastercard you pay transaction fees and rent for a card terminal aka card reader, which are lower or non existent with these homegrown or local P2P payment systems. Outside western developed countries aka the US and the richest European countries like France, Germany, that's enough to stop using visa and Mastercard.