If we just talk about UPI statistics then about 6.5 billion transactions are done in 2022 August worth Rs 10.72 trn. We can see how big this UPI or digital finance market is.

Keeping in mind about the Indian digitalization sector, we have launched the Plastic Money Course.

About the course

As we just understood with a single example of how big this financial market of India is, do you ever imagined, how a system this big is getting operated? What is the process which is operating behind to do a fast pace transactions from one account to another within 10 seconds? How trillions of rupees of transactions are getting tracked every day?

There are millions of questions that need to be understood. The main focus of the course is not just on UPI but also on the overall digital financial market.

With all this, we will also understand, how UPI and Plastic money are linked together for overall growth. The main focus of the course is all about the trillion-dollar plastic money industry.

Plastic Money & Credit Card

There are various types of plastic money available in India, such as debit cards, credit cards, metro cards, prepaid cards, and so on. But if we put everything apart and just take a look at credit card which is one of the most used cards covering 80% of the overall card market.

It was also observed that the credit card market has grown by 20% in the last 5 years. In FY21 - 2022, there was a growth of credit card transactions by 1.8 times which is 11.5 Trillions of 6.3 trillion in FY20 - 21.

With all this credit card companies are providing a tremendous amount of cashback, rewards, and offers and no Industry is at a loss because of Credit Cards.

How this company is managing its cash flow? and what is their business model? We will understand them in our course.

(COMMING SOON)