UPI now dominates merchant payments: Are cards becoming less useful?
Global - Asia
Archived
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September 11, 2026
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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.
Source: Times of India | https://timesofindia.indiatimes.com/rssfeedstopstories.cms - Read Original
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