India Stalls Alipay+ Proposal to Link With UPI Over China Security, Data Concerns
India has stalled a proposal by Alipay+ to connect with the country’s instant payments network, Unified Payments Interface (UPI), over national security concerns and questions about how customer and transaction data would be processed and stored, according to three people familiar with the discussions cited by Reuters. The decision, once again, brings to the fore […]
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