UPI’s market share expands more at debit, credit cards’ expense
· economictimes.indiatimes.com
UPI now dominates India's digital merchant payments, capturing a significant market share. Credit and debit cards are steadily losing their previous positions in this sector. The digital payments market continues to expand, with UPI capturing much of this growth. Proposed changes may introduce nominal charges on select higher-value UPI merchant transactions. This shift focuses on the sustainability of the UPI payment ecosystem.
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