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Podcast: One Thing Today in Tech
Episode: Infosys expands TK Elevator mandate; Chris Sacca’s Lowercarbon Capital makes first India investment
Description: Reserve Bank of India, the country’s central bank has proposed allowing integration between India’s Unified Payments Interface and credit cards, TechCrunch reports.
“UPI facilitates transactions by linking savings or current accounts through users’ debit cards. It is now proposed to allow linking of credit cards on the UPI platform,” Shaktikanta Das, the governor of Reserve Bank of India said at a briefing, according to TechCrunch. To begin with, the RuPay credit cards will be linked to UPI, he said.
RuPay is India’s homegrown card network, which is promoted by the National Payments Corporation...