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...
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...
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...
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...
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...
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...