Debit cards saw a rise in volume and value but credit cards saw a slight dip in volume. The value of credit card payments was Rs 42,260 crore in October, against Rs 37,776 crore in September. The value of debit card payments for October rose to Rs 2,93,928 crore from Rs 2,78,583 crore in September.
Prepaid payment instruments (PPI) — comprising mobile wallets, PPI cards and paper vouchers — saw a slight rise in both volume and value.
Volume rose from 240.29 million in September to 245.18 million in October. Value rose from Rs 10,977 crore to Rs 11,698 crore.
The volume for Real Time Gross Settlement for October was 10 million, a marginal rise from 9.6 million transactions in September.