With Highest Card Payments, Bengaluru Becomes Most Digitized City
July 20, 2019
According to a study by payments solution company Razorpay, Bengaluru has shown the highest number of card payments across the country which is why it’s at the top of the list of “most digitized cities”.
The “Era of Rising Fintech Report” said that Bengaluru is the most digitized city and is followed by Hyderabad, Mumbai, Pune, and Delhi. It said that credit card and debit card payments were 50% of payments to merchants In April, May, and June. The same was 56% in January, February, and March. It also said that the usage of credit and debit cards increased by 22% by April, May, and June compared to January, February, and March.