Google, Walmart hit by India's move to limit some digital payments players

Google’s criticism came after India’s flagship payments processor the National Payments Corp of India (NPCI) on Thursday said third-party payments apps, from Jan. 1, will not be allowed to process more than 30% of the total volume of transactions on state-backed United Payments Interface (UPI) framework, which facilitates seamless peer-to-peer money transfers.

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