Mumbai (Maharashtra) [India], October 8 (ANI): Gautam Aggarwal, Division President, South Asia, and Country Corporate Officer, India, on Wednesday said that in a rapidly evolving payments landscape, UPI, cards, and even cash will continue to coexist, each serving different consumer needs.
"The way I look at UPI and Mastercard sort of coexisting, card rails and payment rails outside of cards have a role to play. They all have a different role to play. Cash can continue to remain in the system. UPI will continue to remain in the system. Cards will remain in the system. They will all coexist. The users will find which is the payment rail that is most convenient to them," Aggarwal told ANI on the sidelines of Global Fintech Fest (GFF)2025 in Mumbai.
"We've been in this country for 40 years..