New Delhi, July 1 -- Credit card spending in India rose 2.6 per cent month-on-month to in May 2026 and is expected to remain in the range of Rs 2.0 trillion-2.1 trillion in June, according to a report by Equirus Securities.

The report noted credit card spending increased by 2.6 per cent month-on-month in May 2026 to Rs 2.02 trillion. It further highlighted continued strength in digital payment adoption, with overall digital payments to merchants rising around 21 per cent year-on-year to Rs 11.3 trillion in May.

Also, UPI person-to-merchant (P2M) spending rose 25.2 per cent year-on-year in May 2026, while credit card spending increased 6.6 per cent. "UPI P2M/credit card transactions increased 25.2%/6.6% yoy to Rs 8.7trn/Rs 2.02trn," it s...