Axis Bank rises to top in credit card terminals, surpassing ICICI Bank

Axis Bank took the lead in credit card terminals within four years. By June 2024, it had 18.7 lakh terminals and a 20.8% market share. It targeted businesses with high UPI transactions and introduced low-cost card acceptance devices and the Neo merchant app to simplify payment processes, surpassing ICICI Bank's terminal count.
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