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Indians Are Ditching Debit Cards, Embracing UPI, Credit Cards For Digital Payments

By Trak - 8 months ago

As UPI transactions surge, debit card usage witnesses a significant decline, reflecting evolving preferences in India’s digital payment landscape. Data Insights: UPI vs. Debit Card Transactions Recent data from the Reserve Bank of India (RBI) highlights a stark contrast in transaction trends. While UPI transactions soared by 46% YoY in November, debit card transactions contracted […]

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