A few years ago, using a credit card meant something specific. You brought it out for big spends. A phone purchase. A flight ticket. Maybe a dinner at a fancy restaurant. For everything else, debit cards or cash did the job. That behaviour has quietly changed. Today, many Indians are using credit cards the same […]

If you look at how Indians pay today, one thing is clear. UPI has become the default payment method for daily life. From buying vegetables to paying the neighbourhood chemist, scanning a QR code feels more natural than pulling out a card. At the same time, credit cards still play an important role, especially for […]

RuPay credit cards were a niche product until 2022. Since then they grew fast. UPI integration changed everything. The numbers below show how. Quick takeaway RuPay leveraged UPI to scale credit-card usage. Market share jumped from low single digits to the mid-teens in a few years. Transaction volumes via RuPay credit cards on UPI moved […]

RuPay is India’s indigenous card payment network, created by the National Payments Corporation of India (NPCI) in 2012. It supports debit, credit, prepaid and international payments on domestic rails. RuPay debit cards are issued by banks to their customers to access savings and current accounts, ATM withdrawals, and merchant payments. Timeline of Growth — RuPay […]

Quick summary UPI grew from a niche product in 2016 to India’s payment backbone by 2026. It moved daily retail payments away from cash. It changed how businesses, government payments, and people transact.Key numbers below explain how and why. Growth timeline (big, simple numbers) These numbers show explosive, multi-year scale-up. What drove this growth (data-backed […]

RuPay is India’s domestic card payment network, launched in 2012 by the National Payments Corporation of India (NPCI).It enables debit, credit, prepaid, and international card payments across the country and abroad, while integrating with India’s digital payments stack. Key Data & Growth Figures 1. Debit Card Market Share 2. Credit Card Growth & Market Share […]

UPI credit cards are no longer an experiment. In 2026, they will become infrastructure. What started as a feature is now reshaping how India pays, borrows, and manages daily spending. Here are the key trends defining UPI credit cards in 2026. 1. UPI + Credit Cards Are Now a Default Use Case RuPay credit cards […]

India’s credit card spending is still rising fast. In 2025 and into 2026, spending hit new highs and showed strong demand across sectors. New Peaks in Credit Card Spending In September 2025, Indians spent a record ₹2.17 lakh crore on credit cards in a single month — the highest ever recorded — driven by festive […]

India’s borrowing story keeps evolving. The numbers show growth, but also a shift in how households borrow and manage credit. The Big Picture: Credit Is Still Expanding While official totals for outstanding credit in 2025/26 are still being finalised, bank lending growth is projected to be strong in 2026, with models estimating loan growth of […]