Debit cards gain ground in India

Debit cards gain ground in India

Debitcards continued to gain in popularity in India in the 2008/09 fiscalyear to 31 March with the number in issue at the end of the periodstanding at 137.4 million, up 34.2 percent compared with the end of2007/08, according to the Reserve Bank of India (RBI).
The number of debit card transactions increased at an even faster pace, rising 44%...

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Posted by John B. Frank Tuesday, July 14, 2009

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