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Maldives may soon introduce India's RuPay service, a senior minister of the country said recently.
Maldives likely to introduce RuPay service
The average number of transactions using a credit card on UPI was recorded as 21 per month, which is four times higher than a traditional physical credit card.
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BHIM built on NPCIs digital payments railroad Unified Payments Interface (UPI) — was launched in 2016 but has seen much lower adoption compared to rivals such as Google Pay and PhonePe, which together command nearly 85% of Indias digital payment market.