Debit card transactions drop 8 pc in Sep as UPI payments surge: RBI data

Debit card transactions drop 8 pc in Sep as UPI payments surge: RBI data

Mumbai: As UPI-based digital payments surge, debit card-based transactions dropped almost 8 percent from nearly Rs 43,350 crore in August to about Rs 39,920 crore in September, according to the Reserve Bank of India’s monthly data. On the other hand, credit card transactions grew in the country, which saw a nearly 5 percent increase in … Read more