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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 digital payments market continues to expand, with UPI capturing much of this growth. Proposed changes may introduce nominal charges on select higher-value UPI merchant transactions. This shift focuses on the sustainability of the UPI payment ecosystem.
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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…
