# India credit card spending growth slows in August as competition intensifies

- Published: 2026-09-25T08:02:50.970Z
- Updated: 2026-09-25T08:02:50.970Z
- 1 source
- Topics: Conflict, war and peace, Crime, law and justice, Economy, business and finance
- Involves: HSBC, Jefferies, RuPay debit card transactions, Total spending across merchant networks, including cards and UPI P2M transactions, UPI Merchant Discount Rate framework, eligible UPI P2M transactions above Rs 2,000, transactions undertaken by small merchants receiving up to Rs 1 lakh per month through UPI QR codes

## How it developed

- 2026-09-25T08:02:50.970Z - Telangana Today: [India credit card spending growth slows in August as competition intensifies](https://telanganatoday.com/india-credit-card-spending-growth-slows-in-august-as-competition-intensifies)

Read it on FeedAtom: https://www.feedatom.com/stories/india-credit-card-spending-growth-slows-in-august-as-7wi4wcwdi5g78ztbdg23hwlrj