visa crying like a baby

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Finance Mentor Finance Mentor
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Please provide activation code for reading news also

Pro Entertainer Pro Entertainer
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+1…

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Deal Cadet Deal Cadet
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The news is VISA is now licking US Govt boots as they are failing to counter transactions drops on their cards because of RuPay. UPI has almost killed their business. So the cry.

I don’t like Modi personally but he has done some wonders also which were unthinkable as our previous Govt were always on their knees in front of western influence. Sabki jaan nikaal ke rakhhi huyi hai is bande ne. US mein mera friend hai woh kehta tumhe India mein sirr ni pata. Yaha se BJP ko funds ke baarish milti hai kyunki woh americans companies ko barbaad karney mein laga huya hai. Waha US mein yeh chinta hai ki kahi unkey IT sector ko bhi dooba naa de. ISRO se waise hi pareshaan hai yeh log. Par bas thoda kisano ka bhala karde aur jobless youth ko kaam mil jaye aur kya chahiye sarkaar se aur yeh Pakistan ka rona bandd karwa de. Fodna hai toh fod daale apne ko kya?

Finance Mentor Finance Mentor
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2 chiz hota ha ek ha “foreign policy” and ek hota ha “domestic policy”.

Domestic policy me bohot se debate humlog kar sakte ha but Foreign policy ki jab baat aata ha.

Koi bhi well educate people ho, Modi Ji or BJP ki tareef karne se chup nahi rahe payega.

RuPay card & UPI bhi ek tarah se “foreign policy” ka he part ha, Hum domestic isko success banayenge tabhi na dusre country ko apni technology provide kar payega. Warna woh country bolega, hum kyun apnaye Indian technology, jisko Indians he pasand nahi karte ha, Jab China Unionpay card ek bohot bada and best alternative card available hain, saare Asian, Middle East & African country k pas toh.

Bohot se European, South American, Asian, Middle East & African countries bohot bar NPCI ko approach kar chuka ha RuPay card & UPI ko unke country me replicate karne k liye but NPCI CEO ne kaha tha, yeh koi easy task nahi ha, bohot se agreement and negotiate karne parte ha dusre country k Govt & Central bank k sath aur us country k hisab se hume product develop karne parte ha, jaise ki Feature phone me UPI payment simplify k liye NPCI itne lakho amount k prize diye the, kyunki NPCI ko Africa & Asia k chote countries me UPI payment feature phone me chahiye, woha k logo k pas smartphone nahi ha itna, har market different hota ha.

Benevolent Benevolent
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QUOTE
While RuPay dominates the number of cards in India, most transactions still go through Visa and Mastercard as most RuPay cards were simply issued by banks under Modi’s financial inclusion programme
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Finance Ninja Finance Ninja
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Amazon (US company) ka acha yogdaan hai in pushing RuPay debit card usage.

Finance Mentor Finance Mentor
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Ek bande ne bataya tha, usne BOB virtual RuPay Platinum debit card unlimited nikal k ek din me he (matlab ek friday ko he) 300 cards use kar liya tha. smile

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Helpful Helpful
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Financial inclusion is a scheme since ages, it’s not limited to any single government. Moreover, we all know that Rome can’t be built in a day. So whatever we are achieving now is obviously fruits of previous good governance.

Generous Generous
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i remember rupay card (was issued rupay platinum at that time )when rupay were they were not working even on govt PSU sites like MTNL and air india for bill payment , i had to get another mastercard debit card stating this very reason in bank that rupay arent working , and they were also causing problem with many atm

but now many things have smoothed out , upi still i beleive needs some security factor , as apps reads sms now on mobile and a single click of malicous link may wipe out money also some strong policy of chargeback is needd if something false hapen

but visa is not a baby when it come to global access ,

Finance Mentor Finance Mentor
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NPCI International now working with foreign merchants to accept RuPay card & UPI everywhere.

It will take another 10 years but i believe within next 5 years RuPay & UPI will accept almost all International websites where Indians mostly use.

Discover & JCB network already accept almost all International websites.

RuPay card just need to enabled RuPay card support to Netflix India, Microsoft India, Google/Youtube India, AWS India, Google cloud India, Xbox India, Adobe India, Stripe India and few other foreign company’s India specific websites.

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