Visa may soon start offering cross-border payments in India
Shortpedia
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Global payments service provider Visa Inc has applied for a cross-border payments license which will allow Visa to offer inward and outward remittances of money in India. Visa claims to use a quicker new blockchain ledger technology to provide faster transactions, and the company is likely to partner with a private sector bank, sources aware of the matter told Economic Times on June 21.