The variety of bank cards in India is predicted to achieve 200 million with a CAGR of 15 per cent, highlighted a report by PwC. The report said that the bank card trade has skilled important enlargement, doubling the variety of bank cards issued over the previous 5 years. This momentum is predicted to proceed, … Read more
Spends on bank cards moderated in April 2024 from the earlier month, declining 4.84 per cent to ₹1.56-lakh crore, in accordance with knowledge by the Reserve Financial institution of India. Spends in April historically see a fall, on condition that spends usually are typically larger within the final month of a monetary yr. Spends in … Read more
Indian fintech main BharatPe on Tuesday launched BharatPe One, an all-in-one fee product that integrates POS (level of sale), QR code, and speaker into one gadget. The corporate in a press release mentioned it plans to launch the product in about 100 cities within the first part. It can additional scale it to round 450 … Read more
Mumbai Journey-based co-branded bank cards are seeing sturdy development led by regular demand as increasingly customers utilise these playing cards for reward miles and reductions for his or her home and abroad journey. Additionally learn:RBI cracking down on P2P bank card transactions Journey bank cards had been the quickest rising class in 2023, with demand … Read more