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After government slashed GST rates, e-commerce platforms saw a sudden surge in consumer spending, with transactions using credit cards alone jumping about six-fold in a single day on September 22. According to RBI data, the transactions rose to ₹10,411 crore. On September 21, credit card transactions had amounted to ₹1,514 crore across 36.16 lakh purchases.
short by Arshiya Chopra / 10:45 am on 27 Sep
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