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Bounce rates decline further in October
It indicates recovery in improvement in recoveries
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Auto debit bounces in October at pre-Covid level
The unsuccessful auto-debit requests through the NACH platform are referred to as bounce rates in general
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UPI replacing cash in payments ecosystem: Macquarie report
Credit card's average transaction size at PoS is around Rs 3,600, while average spends per card in a month is around Rs 11,000- 12,000
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PhonePe, Google Pay may soon end offering sops to customers
If PhonePe and Google Pay reduce providing incentives, it could result in the share of merchant payments shooting up
