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Mastercard, Visa and Rupay launch BharatQR and agree new debit fees

National Payments Corporation of India which owns Rupay and Visa and Mastercard have launched the BharatQR – an app-based ‘scan and pay’ solution for small shops. This is the first time in the world that four payment networks – India’s Rupay, Mastercard, Visa and American Express have agreed to come together on a common platform to accept payments. [...]

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