Payments News Update -- August 21, 2019
Posted 08/21/19
Legal and Regulatory Developments
SPOTLIGHT: Visa Critical of India's Move Toward No-Fee Debit Card Transactions
Reuters – August 19, 2019
Global card payments group Visa is critical of the Indian government’s decision to boost adoption of electronic payments by requiring banks and card payment networks to offer no-fee debit card transactions, a senior Visa executive said.
Last month, India’s Finance...