Digital merchant payments likely to recover in Oct-Nov on festive spending, post Sept dip: Equirus

New Delhi [India], October 30 (ANI): Digital payments to merchants are expected to recover in October and November, supported by increased spending during the festive season, according to a report by Equirus Securities.

The report said digital merchant payments declined 0.8 per cent month-on-month (MoM) to Rs 11.4 trillion in September 2026. However, they registered a growth of 15.7 per cent year-on-year (YoY).