Unionpay Co News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg Opinion) -- Long before the war in Ukraine, India’s Prime Minister Narendra Modi decided that international card networks could be used as instruments of statecraft — and that he should channel the rising economic power of his country’s 1.

The boycott of Russia due to its ongoing Ukrainian invasion, could bring a surge for RuPay, but will it be enough to bring the network into the major leagues? Or will it continue to be a minor local alternative in India?