Story thread · 2 reports / 2 sources

UPI now dominates merchant payments: Are cards becoming less useful?

timesofindia.indiatimes.com · 3dShare

UPI now dominates Indian merchant payments, significantly reducing card usage. Debit cards are primarily used for cash withdrawals, not shopping. Credit cards are specializing in larger purchases and e-commerce transactions. RuPay credit cards can now link directly to UPI apps. The QR code scan is becoming the default checkout method for everyday purchases.

First report: UPI Now Works in 11 Nations, But Is It Really Cheaper Than Forex Cards or Cash? — ndtv.com, 5d