Credit card transactions surged during India's festive season e-commerce boom, driven by extra discounts on card payments across platforms like Flipkart and Amazon, amid declining debit-card usage and slowing UPI growth.

According to a Moneycontrol analysis of transaction data , credit card spending on online platforms outpaced debit card usage nearly six-fold, indicating a significant shift towards credit-driven consumption.

Credit card payments on e-commerce platforms surged 26.8 percent in volume and 34.8 percent in value year-over-year, with daily spending reaching Rs 5,286 crore, up from Rs 3,922 crore in 2024. Debit-card transactions declined 22.6 percent in volume, continuing a multi-year downturn.

Credit cards provide benefits like convenience, instant discounts, cashbacks, and

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