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Online merchants can lose 20%-40% revenues after December 31 due to tokenisation: CII

"Online merchants can lose up to 20-40 per cent of their revenues post 31 December, and for many of them, especially smaller ones, this would sound the death knell, causing them to shut shop," industry body CII said.
Sijo Kuruvilla George While The Reserve Bank Entertainment Committee Alliance Of Digital India Foundation Digital Payments India Media Consumer

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