Uber introduces Paytm digital-wallet payments in India in response to new e-commerce ruling

Uber has been ramping up its presence in India in recent times, and today the increasingly ubiquitous taxi service announced that it’s now allowing local Uber users pay for rides with their debit card or net banking, as well as their credit card. This shift, it seems, is a direct response to new guidelines announced back in August, after the country’s reserve bank (RBI) stipulated that e-transactions must be must be done through a bank located within India, rather than routed straight through international payment conduits. The result? A new digital wallet powered by Paytm, an India-based online payment platform....



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