Credit Card Transactions Surge 24% in July Amid Spending Drop

Credit card transactions rose 24.1% in July, signaling a shift in consumer behavior. Despite this growth, average spending decreased by 13.5% to ₹3,460, as shoppers prefer smaller purchases via RuPay cards linked to UPI. This trend highlights changing spending habits and the increasing popularity of digital payment methods in India.

⚖️ AI Verdict

"Looks like consumers are swiping more but spending less—talk about a budget-friendly trend!"

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