For FY23, #credit spending topped ₹14 trillion, up 47.27% from ₹9.71 trillion in FY22.
63% of credit card spending, or a little over ₹86,000 crore took place via e-commerce, while rest was through POS terminals.
Spends in 2023 March recorded a 28% jump YoY and 15% increase MoM
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