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Digital payments to surge by 88 % by 2026: Shiprocket Report

Indiaretailing Bureau -
While digital payments will surge, cash transactions are expected to decrease by 34% as per a comprehensive report on Indian eCommerce ecosystem released by e-commerce enablement unicorn Shiprocket at Shiprocket SHIVIR 2023 New Delhi: By 2026, digital payments are anticipated...
Consumer Durables & IT

Credit card spending hits record high at Rs 1.4 lakh crore in May; cards in use at 87.4 million

PTI -
Similarly, the number of cards in use has also jumped by more than 5 million since January and crossed 87.4 million in the reporting month, making this also an all-time high in May, according to the RBI data Mumbai: Credit...
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PhonePe launches one-stop POS solution for merchant partners

Indiaretailing Bureau -
The device will enable merchants to accept payments via debit cards, credit cards and UPI and it is built on the Android platform New Delhi: Walmart-owned digital payment company PhonePe has launched a point-of-sale (POS) device that will enable merchants to...
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In FocusAnagha R Ratna -

Malls are getting bigger, shifting from transactional centres to community centres

Malls are expanding in size, which is reshaping the consumer dynamics, say industry experts speaking at the Phygital Retail...
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