Data shows India's UPI recorded 10B+ merchant transactions in October 2024, up 53% YoY, while credit cards saw a 35% YoY increase in transactions to 433M (Pratik Bhakta/The Economic Times)

Pratik Bhakta / The Economic Times:
Data shows India's UPI recorded 10B+ merchant transactions in October 2024, up 53% YoY, while credit cards saw a 35% YoY increase in transactions to 433M  —  While UPI grew the fastest among all merchant payments modes, credit cards saw a 35% increase in transactions in October to 433 million transactions …

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