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Credit, debit cards sharply losing market share to UPI
MUMBAI: India's digital merchant payments market grew 19.6% year-on-year to Rs 11.7 lakh crore in July, but the more consequential change was in how that money moved: UPI's share of person-to-merchant transactions reached a record 77.3%, while credit and debit cards continued to lose ground.
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timesofindia.indiatimes.com
Credit, debit cards sharply losing market share to UPI
MUMBAI: India's digital merchant payments market grew 19.6% year-on-year to Rs 11.7 lakh crore in July, but the more consequential change was in how that money moved: UPI's share…
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economictimes.indiatimes.com
UPI’s market share expands more at debit, credit cards’ expense
UPI now dominates India's digital merchant payments, capturing a significant market share. Credit and debit cards are steadily losing their previous positions in this sector. The…
