Yubaraj Sedai - By allowing Credit Card linking with UPI, the RBI...

2022-06-09 10:35:06 -

By allowing Credit Card linking with UPI, the RBI has given birth to a new challenger credit card network to the Visa / Mastercard Duopoly.

Currently..

- Visa is a $453B market cap, $24Bn revenue, and $13B profit network.
- Mastercard is a $355B market cap, $19B revenue, and $9B profit network.

Can UPI+Rupay disrupt the Credit Card Payment market??? Ofcourse YES

My Bet.... UPI will capture more than 50% of the Indian Credit Card Payment market in the next 2 years... Expect some fireworks from Western World.

By allowing Credit Card linking with UPI, the RBI has given birth to a new challenger credit card network to the Visa / Mastercard Duopoly. Currently.. - Visa is a $453B market cap, $24Bn revenue, and $13B profit network. - Mastercard is a $355B market cap, $19B revenue, and $9B profit network. Can UPI+Rupay disrupt the Credit Card Payment market??? Ofcourse YES My Bet.... UPI will capture more than 50% of the Indian Credit Card Payment market in the next 2 years... Expect some fireworks from Western World.

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