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India Stalls Alipay+ UPI Payments Link Over China Data Security Concerns

India Stalls Alipay+ UPI Payments Link Over China Data Security Concerns

A proposal that would have linked India’s massive digital payments network with Chinese-founded Alipay+ has hit a wall in New Delhi, with government insiders confirming the deal is now on ice over national security and data privacy worries. According to people familiar with the discussions, Alipay+’s proposal to connect with India’s instant payments system for … Read more