UPI | Why Put A Cap On Competition And Innovation?
UPI | Why put a cap on competition and innovation? The National Payments Corporation of India’s move to impose volume caps could hamper competition and potentially reduce the competitive suspense in the market, and increase the likelihood of coordination/collusion among market participants Ram Kumar Poornachandran (Representative image) Is imposition of ex-ante (before the event) volume cap in the payments sector ideal? The National Payments Corporation of India (NPCI), the body in-charge of management and operation of the Unified Payments Interf...
Source: moneycontrol.com