Enhanced financial transaction convenience has also paved the way for sophisticated cyber threats such as credit card cloning
Once the total change money collected reaches 100, Rs 500 or Rs 1,000
The average ticket size i.e. the average amount paid per UPI transaction has also come down from Rs 885 in January 2022 to Rs 653 in June, 2023
The bank makes the payment to the seller on your behalf and instead of billing in one go, you pay in EMIs through the current or savings account linke
According to the FACE-Equifax Fintech lending trends report, fintech players had disbursed digital loans amounting to Rs 92,267 crores in FY23. Even t
Debit cards have made life easier for customers to pay for purchases, but these cards also come with an insurance cover. Read on to know more...
A recent report by the Fintech Association for Consumer Empowerment (FACE) noted the constantly increasing volumes of digital lending in India. For FY
The use of credit cards zoomed 20% in the last one year, debit cards shrunk as much as 31%.
Post Covid-19, debit card usage has come down. The reason for this is UPI. Banks that earn a chunk of their revenue from payment aggregators and from
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