Bank Debit Card circulation doubles, ATM numbers dip in five years: Report
The number of debit cards in circulation has doubled in the last five years. In February 2019, the total number of debit cards in India were 94 crores as compared to 42 crores in August 2014 when Jan-Dhan Yojana was launched, according to a report by The Times of India.
A recent meeting was called by National Payments Corporation of India (NPCI), addressing the interchange issue by the RBI. Reuters