Indian credit card users spend 40x more than debit card users online

On the whole, credit card spends on online purchases and ecommerce transactions stood at nearly ₹72,000 crore during May, while debit card purchases stood at a distant ₹21,000 crore (excluding UPI).

On an average, credit card users spend twice as much online when compared to offline, suggesting they seek the higher security offered by credit cards while buying online.

[Via]

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