Indians prefer credit cards for online shopping, debit card at physical shops

According to RBI data, Indians opt to purchase with credit cards online, while debit cards are more frequently used in physical shops. The data released in March states that 7.3 crore credit cardholders spent Rs 68,327 crore online, compared to Rs 38,773 crore spent in stores using card swipe machines.

from Banking/Finance-Industry-Economic Times https://ift.tt/b4UZHSX