Debit cards usage has surged 2.5 times, thanks to cash crunch
Advertisement
Advertisement
Before the
Out of the 30 crore RuPay cardholders, 29 crore have never used their card in point of sales (PoS), or card swipe, machines.
Post Narendra Modi’s demonetisation, use of RuPay
The government announced that until December end, all public sector banks and some private banks have waived the merchant discount rate on debit cards and also asked banks to install more PoS terminals.
Advertisement
Advertisement
- Tesla tells some laid-off employees their separation agreements are canceled and new ones are on the way
- Taylor Swift's 'The Tortured Poets Department' is the messiest, horniest, and funniest album she's ever made
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- UP board exam results announced, CM Adityanath congratulates successful candidates
- RCB player Dinesh Karthik declares that he is 100 per cent ready to play T20I World Cup
- 9 Foods that can help you add more protein to your diet
- The Future of Gaming Technology
- Stock markets stage strong rebound after 4 days of slump; Sensex rallies 599 pts