Comment Re:US pressure is drivin this more than anything e (Score 1) 21
It’s about control too. If all eletronic transactions have to go through VISA to be processed, then VISA can control who can buy what and who can sell what. A public, trustworthy eletronic payment system managed by other governments takes that power away from VISA, so naturally VISA will sabotage any attempt by foreign governments to establish something like UPI.