Debit Card Swipes On PoS Terminals Rise 27% in March 2019: RBI data

According to the RBI data, in Mar 2019, the total number of financial transactions done by people using their debit cards increased by 15%. Also, the financial transactions done by the debit cards at POS terminals increased by 27% compared to March 2018.

In actual terms, the total number of financial transactions done by people using their debit cards at ATMs stood at 891 million for the month of March, increased by 15%, against 775 million in March 2018.

Source- Business Times

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