Mastercard says UPI complements digital payments ecosystem, not a competitor; sees significant growth potential in India

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Mastercard says UPI complements digital payments ecosystem, not a competitor; sees significant growth potential in India

The Times of IndiaANI1 min readAug 6, 2026, 9:27 AM

Mastercard sees India's UPI as a complementary platform for digital payments. This homegrown system has significantly expanded the country's digital payment ecosystem. Mastercard continues to invest heavily in cybersecurity to ensure system trust. Enhanced…

Mastercard views the Unified Payments Interface (UPI) as a complementary platform that has accelerated the adoption of digital payments in India, rather than as a competitor, Gautam Aggarwal, Divisio…

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