The numbers: the average transaction size jumped from $382 to $536, pushing total credit card debt to $3.5 trillion—a 19% YoY spike. Is this number correct?
Is this number for the Average transaction size for Credit card in India is around 5.5-6K INR in FY 2023.
The numbers: the average transaction size jumped from $382 to $536, pushing total credit card debt to $3.5 trillion—a 19% YoY spike. Is this number correct?
Is this number for the Average transaction size for Credit card in India is around 5.5-6K INR in FY 2023.
Source : https://www.business-standard.com/finance/personal-finance/how-india-spends-upi-reigns-supreme-credit-cards-witness-highest-growth-124040400094_1.html