credit cards

India Is Shifting from Debit to Credit: 64% of Record High Credit Card Spendings Are Driven by eCommerce

In recent years, India has witnessed a remarkable transformation in consumer payment choices. Debit cards, once the preferred option for most Indians, are gradually losing dominance. In contrast, credit cards are steadily gaining traction, propelled by the growing spending...

India’s Co-Branded Credit Card Craze: A Financial Revolution in Partnership

The Indian banking industry is undergoing a dramatic digital makeover, marked by cutting-edge technologies and strategic collaborations. While the world of digital payments has been commanding attention, there's a remarkable trend sweeping through India's financial landscape: the surge in...

Link your credit cards with UPI now: NPCI aims for UPI transactions worth $1 billion a day

The exploded adoption of UPI (Unified Payment Interface) has encouraged the RBI (Reserve Bank of India) to make UPI payments more appealing to users. In a significant shift in the way it operates, RBI has announced going further...

From Credit Card Transactions To Online Shopping: New Charges Applicable From Today

As we step into the month of October, just three months away from 2021, the Indian Government has introduced many new rules that could surprise you, hence you must pay attention to. The changed and updated rules ranging from Income...

Credit Card Transactions At ATMs in India by Month: Volume vs Value

The above graph represents the monthly distribution of credit card transactions at ATMs in India, in terms of volume and value. In October 2019, about 0.82 million (~8 lakh) transactions worth Rs 4.11 billion (Rs 411 crore) were completed...

Total Amount Transacted Through Credit Cards at ATMs in India, by Month

The above graph represents the monthly distribution of the total value of credit card transactions at ATMs in India. In October 2019, about Rs 4.11 billion total amount was transacted through credit cards at ATMs, as against Rs 3.92...
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5 Ways Generative AI Will Disrupt the Payments Industry in 2025

Generative AI is one of the most hotly anticipated developments in the fintech landscape in 2025, and its disruptive...
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