Festive season soars card spends on e-commerce over Rs 29,000 crore in first 12 days of October

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Festive season soars card spends on e-commerce over Rs 29,000 crore in first 12 days of October

Flipkart and Amazon had changed their dates for their flagship sale The Big Billion Days and Great Indian Festival to October 3 from earlier announcements on different dates.

Credit Card spends on e-commerce and PoS in September 2021 were at Rs 62,936.71 crore and debit card spends were at 51,701.00 crore.

The total credit card spends in the first 12 days of October stands at Rs 30,657.35 crore and total debit card spends at Rs 25,085.7 crore.

Bankers said that around 80 percent of credit cards are issued in top 40 cities only. The pandemic impact has led to rise in digital and e-commerce adoption even in tier-3 and tier-4 cities.



https://www.moneycontrol.com/news/business/comp...

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Deal Newbie Deal Newbie
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Good days🙂 and vikaas… always appreciated and thanked for!

Deal Lieutenant Deal Lieutenant
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Offline markets are seeing lull in business in this season due to big bang advts for these sales.

Deal Subedar Deal Subedar
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Bk100 wrote:

Offline markets are seeing lull in business in this season due to big bang advts for these sales.

The ToI news paper that we get has at least first 5 pages of full page ads of Amazon/Flipkart/Jio/BigBasket/etc sale on the front. followed by another 3 pages of similar full page ads from the back confused

Deal Cadet Deal Cadet
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BlueFlash wrote:

The ToI news paper that we get has at least first 5 pages of full page ads of Amazon/Flipkart/Jio/BigBasket/etc sale on the front. followed by another 3 pages of similar full page ads from the back confused

TOI is an ad paper. Have to search for news in there.

Deal Subedar Deal Subedar
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BlueFlash wrote:

The ToI news paper that we get has at least first 5 pages of full page ads of Amazon/Flipkart/Jio/BigBasket/etc sale on the front. followed by another 3 pages of similar full page ads from the back confused

Go for Hindu , if you want to read actual news and not advertisement

Deal Cadet Deal Cadet
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SastaRaju wrote:

Go for Hindu , if you want to read actual news and not advertisement

Indian Express is doing better nowadays, Hindu loses its charms only their editorials are recommendable..

Deal Subedar Deal Subedar
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BlueFlash wrote:

The ToI news paper that we get has at least first 5 pages of full page ads of Amazon/Flipkart/Jio/BigBasket/etc sale on the front. followed by another 3 pages of similar full page ads from the back confused

Why paying to see ads.😂

Talk-Of-The-Town Talk-Of-The-Town
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BlueFlash wrote:

The ToI news paper that we get has at least first 5 pages of full page ads of Amazon/Flipkart/Jio/BigBasket/etc sale on the front. followed by another 3 pages of similar full page ads from the back confused

TOI-??? Paper smile

Deal Subedar Deal Subedar
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semcularbaaz_kitepetals wrote:

Indian Express is doing better nowadays, Hindu loses its charms only their editorials are recommendable..

Had to force myself to read Hindu during my state pcs preparation days
Became a habit now

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