Sounds interesting? Now, let’s look at the recent credit card trends that have emerged across the globe.<\/p>\n\n\n\n
Critical Trends: A Walk Through<\/strong><\/h2>\n\n\n\n![\"\"](\"https:\/\/payu.in\/blog\/wp-content\/uploads\/2022\/11\/aaaaaaaaaaaaaaaa-1024x460.jpg\")
<\/figure>\n\n\n\nCredit Card Payments Go Contactless in the Mainstream<\/strong><\/h3>\n\n\n\nIn China and Australia, most card-enabled payments are made through mobile apps or tap-and-go contactless payment options. 79% of the Mastercard credit card payments <\/strong>in 2021 were contactless payments.<\/p>\n\n\n\nIn the U.S, 8 out of the ten respondents to the Mastercard survey said they would prefer contactless payments. However, the desire to eliminate physical contact in monetary transactions is not harboured by customers alone. 95% of the merchants in the U.S are enabled for contactless payments.<\/p>\n\n\n\n
Buy Now Pay Later Trends with Increased Credit Card Usage<\/strong><\/h3>\n\n\n\nThe surging popularity is due to their flexibility, which enables users to plan their purchases and payments effectively. Cashless transactions and debit cards\/credit cards have been the forebearer of this trend for ages.<\/p>\n\n\n\n
BNPL is a metamorphosed version of the old instalment-based credit system, except it is exclusive to debit and credit cards. NPL system is low-cost, transparent and does not discriminate based on the customers\u2019 credit history.<\/p>\n\n\n\n
In the U.S alone, the number of BNPL users has increased by 50%, making it one of the trends to watch out for.<\/p>\n\n\n\n
Use of<\/strong> Masked Credit Cards to Avoid Fraud<\/strong><\/h3>\n\n\n\nIdentity theft is a frequently-experienced phenomenon in the banking industry and among credit card users. In India, 131.2 million cybercrime cases were reported in 2019, and the numbers continue to rise.<\/p>\n\n\n\n
4 in 10 customers have experienced identity theft in India, with 81% of Indians being alarmed about their privacy. Now, how do masked credit cards help?<\/p>\n\n\n\n
Virtual credit cards allow you to hide your credit card information from merchants and data brokers. In a masked credit card, your actual credit card number is never handed over and kept secure, preventing incidents of identity theft.<\/p>\n\n\n\n
Alternative Data Sets Enable Credit Scoring<\/strong><\/h3>\n\n\n\nIn the U.S, phone, utility and cable payment bill data is used for better credit scoring. This alternative permits card companies to underwrite loans better. 80% of the lenders use credit as well as other information.<\/p>\n\n\n\n
Key Takeaways<\/strong><\/h4>\n\n\n\nWith an anticipated increased use of credit cards, the industry is set to transform how credit cards are used and calculate credit scores.<\/p>\n\n\n\n
FAQs<\/strong><\/h4>\n\n\n\nHow do you choose a credit card?<\/strong><\/strong> You choose a credit card based on your spending habits, financial goals and costs.<\/p> <\/div>
What are the benefits of credit cards?<\/strong><\/strong> Credit cards provide you with temporary financing and also access to emergency cash.<\/p> <\/div>
Is it safe to use credit cards? What is the way to prevent data breaches?<\/strong><\/strong> Credit cards are subject to data breaches and identity theft. The safest use of a credit card is a masked credit card.<\/p> <\/div> <\/div>\n","protected":false},"excerpt":{"rendered":"
In India, only 5% of the population uses credit cards; despite this data, from 2021 to 2022, the credit card market witnessed a growth of almost 11.7%. 2021 saw an…<\/p>\n","protected":false},"author":53,"featured_media":12020,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[902],"tags":[1354,1383],"yoast_head":"\n
Credit Card Future - What's In Store? - PayU Blog<\/title>\n<meta name=\"description\" content=\"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Credit Card Future - What's In Store? - PayU Blog\" \/>\n<meta property=\"og:description\" content=\"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\" \/>\n<meta property=\"og:site_name\" content=\"PayU Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PayUind\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-04T17:34:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-01T06:56:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/payu.in\/blog\/wp-content\/uploads\/2022\/09\/credit-card.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1250\" \/>\n\t<meta property=\"og:image:height\" content=\"531\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Dhruv\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@payuind\" \/>\n<meta name=\"twitter:site\" content=\"@payuind\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dhruv\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\",\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\",\"name\":\"Credit Card Future - What's In Store? - PayU Blog\",\"isPartOf\":{\"@id\":\"https:\/\/payu.in\/blog\/#website\"},\"datePublished\":\"2022-09-04T17:34:00+00:00\",\"dateModified\":\"2022-11-01T06:56:08+00:00\",\"author\":{\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd\"},\"description\":\"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.\",\"breadcrumb\":{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876\"},{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368\"},{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480\"}],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/payu.in\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PayU Guides\",\"item\":\"https:\/\/payu.in\/blog\/category\/payu-guides\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Credit Card Future – What’s In Store?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/payu.in\/blog\/#website\",\"url\":\"https:\/\/payu.in\/blog\/\",\"name\":\"PayU Blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/payu.in\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd\",\"name\":\"Dhruv\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g\",\"caption\":\"Dhruv\"},\"url\":\"https:\/\/payu.in\/blog\/author\/dhruv-mathurpayu-in\/\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876\",\"position\":1,\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876\",\"name\":\"How do you choose a credit card?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You choose a credit card based on your spending habits, financial goals and costs.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368\",\"position\":2,\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368\",\"name\":\"What are the benefits of credit cards?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Credit cards provide you with temporary financing and also access to emergency cash.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480\",\"position\":3,\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480\",\"name\":\"Is it safe to use credit cards? What is the way to prevent data breaches?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Credit cards are subject to data breaches and identity theft. The safest use of a credit card is a masked credit card.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Credit Card Future - What's In Store? - PayU Blog","description":"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","og_locale":"en_US","og_type":"article","og_title":"Credit Card Future - What's In Store? - PayU Blog","og_description":"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.","og_url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","og_site_name":"PayU Blog","article_publisher":"https:\/\/www.facebook.com\/PayUind\/","article_published_time":"2022-09-04T17:34:00+00:00","article_modified_time":"2022-11-01T06:56:08+00:00","og_image":[{"width":1250,"height":531,"url":"https:\/\/payu.in\/blog\/wp-content\/uploads\/2022\/09\/credit-card.png","type":"image\/png"}],"author":"Dhruv","twitter_card":"summary_large_image","twitter_creator":"@payuind","twitter_site":"@payuind","twitter_misc":{"Written by":"Dhruv","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["WebPage","FAQPage"],"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","name":"Credit Card Future - What's In Store? - PayU Blog","isPartOf":{"@id":"https:\/\/payu.in\/blog\/#website"},"datePublished":"2022-09-04T17:34:00+00:00","dateModified":"2022-11-01T06:56:08+00:00","author":{"@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd"},"description":"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.","breadcrumb":{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876"},{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368"},{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/payu.in\/blog\/"},{"@type":"ListItem","position":2,"name":"PayU Guides","item":"https:\/\/payu.in\/blog\/category\/payu-guides\/"},{"@type":"ListItem","position":3,"name":"Credit Card Future – What’s In Store?"}]},{"@type":"WebSite","@id":"https:\/\/payu.in\/blog\/#website","url":"https:\/\/payu.in\/blog\/","name":"PayU Blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/payu.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd","name":"Dhruv","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g","caption":"Dhruv"},"url":"https:\/\/payu.in\/blog\/author\/dhruv-mathurpayu-in\/"},{"@type":"Question","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876","position":1,"url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876","name":"How do you choose a credit card?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"You choose a credit card based on your spending habits, financial goals and costs.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368","position":2,"url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368","name":"What are the benefits of credit cards?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Credit cards provide you with temporary financing and also access to emergency cash.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480","position":3,"url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480","name":"Is it safe to use credit cards? What is the way to prevent data breaches?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Credit cards are subject to data breaches and identity theft. The safest use of a credit card is a masked credit card.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/12017"}],"collection":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/comments?post=12017"}],"version-history":[{"count":4,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/12017\/revisions"}],"predecessor-version":[{"id":12282,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/12017\/revisions\/12282"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/media\/12020"}],"wp:attachment":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/media?parent=12017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/categories?post=12017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/tags?post=12017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
<\/figure>\n\n\n\nCredit Card Payments Go Contactless in the Mainstream<\/strong><\/h3>\n\n\n\nIn China and Australia, most card-enabled payments are made through mobile apps or tap-and-go contactless payment options. 79% of the Mastercard credit card payments <\/strong>in 2021 were contactless payments.<\/p>\n\n\n\nIn the U.S, 8 out of the ten respondents to the Mastercard survey said they would prefer contactless payments. However, the desire to eliminate physical contact in monetary transactions is not harboured by customers alone. 95% of the merchants in the U.S are enabled for contactless payments.<\/p>\n\n\n\n
Buy Now Pay Later Trends with Increased Credit Card Usage<\/strong><\/h3>\n\n\n\nThe surging popularity is due to their flexibility, which enables users to plan their purchases and payments effectively. Cashless transactions and debit cards\/credit cards have been the forebearer of this trend for ages.<\/p>\n\n\n\n
BNPL is a metamorphosed version of the old instalment-based credit system, except it is exclusive to debit and credit cards. NPL system is low-cost, transparent and does not discriminate based on the customers\u2019 credit history.<\/p>\n\n\n\n
In the U.S alone, the number of BNPL users has increased by 50%, making it one of the trends to watch out for.<\/p>\n\n\n\n
Use of<\/strong> Masked Credit Cards to Avoid Fraud<\/strong><\/h3>\n\n\n\nIdentity theft is a frequently-experienced phenomenon in the banking industry and among credit card users. In India, 131.2 million cybercrime cases were reported in 2019, and the numbers continue to rise.<\/p>\n\n\n\n
4 in 10 customers have experienced identity theft in India, with 81% of Indians being alarmed about their privacy. Now, how do masked credit cards help?<\/p>\n\n\n\n
Virtual credit cards allow you to hide your credit card information from merchants and data brokers. In a masked credit card, your actual credit card number is never handed over and kept secure, preventing incidents of identity theft.<\/p>\n\n\n\n
Alternative Data Sets Enable Credit Scoring<\/strong><\/h3>\n\n\n\nIn the U.S, phone, utility and cable payment bill data is used for better credit scoring. This alternative permits card companies to underwrite loans better. 80% of the lenders use credit as well as other information.<\/p>\n\n\n\n
Key Takeaways<\/strong><\/h4>\n\n\n\nWith an anticipated increased use of credit cards, the industry is set to transform how credit cards are used and calculate credit scores.<\/p>\n\n\n\n
FAQs<\/strong><\/h4>\n\n\n\nHow do you choose a credit card?<\/strong><\/strong> You choose a credit card based on your spending habits, financial goals and costs.<\/p> <\/div>
What are the benefits of credit cards?<\/strong><\/strong> Credit cards provide you with temporary financing and also access to emergency cash.<\/p> <\/div>
Is it safe to use credit cards? What is the way to prevent data breaches?<\/strong><\/strong> Credit cards are subject to data breaches and identity theft. The safest use of a credit card is a masked credit card.<\/p> <\/div> <\/div>\n","protected":false},"excerpt":{"rendered":"
In India, only 5% of the population uses credit cards; despite this data, from 2021 to 2022, the credit card market witnessed a growth of almost 11.7%. 2021 saw an…<\/p>\n","protected":false},"author":53,"featured_media":12020,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[902],"tags":[1354,1383],"yoast_head":"\n
Credit Card Future - What's In Store? - PayU Blog<\/title>\n<meta name=\"description\" content=\"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Credit Card Future - What's In Store? - PayU Blog\" \/>\n<meta property=\"og:description\" content=\"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\" \/>\n<meta property=\"og:site_name\" content=\"PayU Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PayUind\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-04T17:34:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-01T06:56:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/payu.in\/blog\/wp-content\/uploads\/2022\/09\/credit-card.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1250\" \/>\n\t<meta property=\"og:image:height\" content=\"531\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Dhruv\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@payuind\" \/>\n<meta name=\"twitter:site\" content=\"@payuind\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dhruv\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\",\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\",\"name\":\"Credit Card Future - What's In Store? - PayU Blog\",\"isPartOf\":{\"@id\":\"https:\/\/payu.in\/blog\/#website\"},\"datePublished\":\"2022-09-04T17:34:00+00:00\",\"dateModified\":\"2022-11-01T06:56:08+00:00\",\"author\":{\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd\"},\"description\":\"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.\",\"breadcrumb\":{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876\"},{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368\"},{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480\"}],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/payu.in\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PayU Guides\",\"item\":\"https:\/\/payu.in\/blog\/category\/payu-guides\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Credit Card Future – What’s In Store?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/payu.in\/blog\/#website\",\"url\":\"https:\/\/payu.in\/blog\/\",\"name\":\"PayU Blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/payu.in\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd\",\"name\":\"Dhruv\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g\",\"caption\":\"Dhruv\"},\"url\":\"https:\/\/payu.in\/blog\/author\/dhruv-mathurpayu-in\/\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876\",\"position\":1,\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876\",\"name\":\"How do you choose a credit card?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You choose a credit card based on your spending habits, financial goals and costs.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368\",\"position\":2,\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368\",\"name\":\"What are the benefits of credit cards?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Credit cards provide you with temporary financing and also access to emergency cash.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480\",\"position\":3,\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480\",\"name\":\"Is it safe to use credit cards? What is the way to prevent data breaches?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Credit cards are subject to data breaches and identity theft. The safest use of a credit card is a masked credit card.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Credit Card Future - What's In Store? - PayU Blog","description":"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","og_locale":"en_US","og_type":"article","og_title":"Credit Card Future - What's In Store? - PayU Blog","og_description":"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.","og_url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","og_site_name":"PayU Blog","article_publisher":"https:\/\/www.facebook.com\/PayUind\/","article_published_time":"2022-09-04T17:34:00+00:00","article_modified_time":"2022-11-01T06:56:08+00:00","og_image":[{"width":1250,"height":531,"url":"https:\/\/payu.in\/blog\/wp-content\/uploads\/2022\/09\/credit-card.png","type":"image\/png"}],"author":"Dhruv","twitter_card":"summary_large_image","twitter_creator":"@payuind","twitter_site":"@payuind","twitter_misc":{"Written by":"Dhruv","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["WebPage","FAQPage"],"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","name":"Credit Card Future - What's In Store? - PayU Blog","isPartOf":{"@id":"https:\/\/payu.in\/blog\/#website"},"datePublished":"2022-09-04T17:34:00+00:00","dateModified":"2022-11-01T06:56:08+00:00","author":{"@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd"},"description":"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.","breadcrumb":{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876"},{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368"},{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/payu.in\/blog\/"},{"@type":"ListItem","position":2,"name":"PayU Guides","item":"https:\/\/payu.in\/blog\/category\/payu-guides\/"},{"@type":"ListItem","position":3,"name":"Credit Card Future – What’s In Store?"}]},{"@type":"WebSite","@id":"https:\/\/payu.in\/blog\/#website","url":"https:\/\/payu.in\/blog\/","name":"PayU Blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/payu.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd","name":"Dhruv","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g","caption":"Dhruv"},"url":"https:\/\/payu.in\/blog\/author\/dhruv-mathurpayu-in\/"},{"@type":"Question","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876","position":1,"url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876","name":"How do you choose a credit card?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"You choose a credit card based on your spending habits, financial goals and costs.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368","position":2,"url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368","name":"What are the benefits of credit cards?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Credit cards provide you with temporary financing and also access to emergency cash.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480","position":3,"url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480","name":"Is it safe to use credit cards? What is the way to prevent data breaches?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Credit cards are subject to data breaches and identity theft. The safest use of a credit card is a masked credit card.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/12017"}],"collection":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/comments?post=12017"}],"version-history":[{"count":4,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/12017\/revisions"}],"predecessor-version":[{"id":12282,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/12017\/revisions\/12282"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/media\/12020"}],"wp:attachment":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/media?parent=12017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/categories?post=12017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/tags?post=12017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
In the U.S, 8 out of the ten respondents to the Mastercard survey said they would prefer contactless payments. However, the desire to eliminate physical contact in monetary transactions is not harboured by customers alone. 95% of the merchants in the U.S are enabled for contactless payments.<\/p>\n\n\n\n
Buy Now Pay Later Trends with Increased Credit Card Usage<\/strong><\/h3>\n\n\n\nThe surging popularity is due to their flexibility, which enables users to plan their purchases and payments effectively. Cashless transactions and debit cards\/credit cards have been the forebearer of this trend for ages.<\/p>\n\n\n\n
BNPL is a metamorphosed version of the old instalment-based credit system, except it is exclusive to debit and credit cards. NPL system is low-cost, transparent and does not discriminate based on the customers\u2019 credit history.<\/p>\n\n\n\n
In the U.S alone, the number of BNPL users has increased by 50%, making it one of the trends to watch out for.<\/p>\n\n\n\n
Use of<\/strong> Masked Credit Cards to Avoid Fraud<\/strong><\/h3>\n\n\n\nIdentity theft is a frequently-experienced phenomenon in the banking industry and among credit card users. In India, 131.2 million cybercrime cases were reported in 2019, and the numbers continue to rise.<\/p>\n\n\n\n
4 in 10 customers have experienced identity theft in India, with 81% of Indians being alarmed about their privacy. Now, how do masked credit cards help?<\/p>\n\n\n\n
Virtual credit cards allow you to hide your credit card information from merchants and data brokers. In a masked credit card, your actual credit card number is never handed over and kept secure, preventing incidents of identity theft.<\/p>\n\n\n\n
Alternative Data Sets Enable Credit Scoring<\/strong><\/h3>\n\n\n\nIn the U.S, phone, utility and cable payment bill data is used for better credit scoring. This alternative permits card companies to underwrite loans better. 80% of the lenders use credit as well as other information.<\/p>\n\n\n\n
Key Takeaways<\/strong><\/h4>\n\n\n\nWith an anticipated increased use of credit cards, the industry is set to transform how credit cards are used and calculate credit scores.<\/p>\n\n\n\n
FAQs<\/strong><\/h4>\n\n\n\nHow do you choose a credit card?<\/strong><\/strong> You choose a credit card based on your spending habits, financial goals and costs.<\/p> <\/div>
What are the benefits of credit cards?<\/strong><\/strong> Credit cards provide you with temporary financing and also access to emergency cash.<\/p> <\/div>
Is it safe to use credit cards? What is the way to prevent data breaches?<\/strong><\/strong> Credit cards are subject to data breaches and identity theft. The safest use of a credit card is a masked credit card.<\/p> <\/div> <\/div>\n","protected":false},"excerpt":{"rendered":"
In India, only 5% of the population uses credit cards; despite this data, from 2021 to 2022, the credit card market witnessed a growth of almost 11.7%. 2021 saw an…<\/p>\n","protected":false},"author":53,"featured_media":12020,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[902],"tags":[1354,1383],"yoast_head":"\n
Credit Card Future - What's In Store? - PayU Blog<\/title>\n<meta name=\"description\" content=\"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Credit Card Future - What's In Store? - PayU Blog\" \/>\n<meta property=\"og:description\" content=\"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\" \/>\n<meta property=\"og:site_name\" content=\"PayU Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PayUind\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-04T17:34:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-01T06:56:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/payu.in\/blog\/wp-content\/uploads\/2022\/09\/credit-card.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1250\" \/>\n\t<meta property=\"og:image:height\" content=\"531\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Dhruv\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@payuind\" \/>\n<meta name=\"twitter:site\" content=\"@payuind\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dhruv\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\",\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\",\"name\":\"Credit Card Future - What's In Store? - PayU Blog\",\"isPartOf\":{\"@id\":\"https:\/\/payu.in\/blog\/#website\"},\"datePublished\":\"2022-09-04T17:34:00+00:00\",\"dateModified\":\"2022-11-01T06:56:08+00:00\",\"author\":{\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd\"},\"description\":\"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.\",\"breadcrumb\":{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876\"},{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368\"},{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480\"}],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/payu.in\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PayU Guides\",\"item\":\"https:\/\/payu.in\/blog\/category\/payu-guides\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Credit Card Future – What’s In Store?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/payu.in\/blog\/#website\",\"url\":\"https:\/\/payu.in\/blog\/\",\"name\":\"PayU Blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/payu.in\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd\",\"name\":\"Dhruv\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g\",\"caption\":\"Dhruv\"},\"url\":\"https:\/\/payu.in\/blog\/author\/dhruv-mathurpayu-in\/\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876\",\"position\":1,\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876\",\"name\":\"How do you choose a credit card?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You choose a credit card based on your spending habits, financial goals and costs.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368\",\"position\":2,\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368\",\"name\":\"What are the benefits of credit cards?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Credit cards provide you with temporary financing and also access to emergency cash.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480\",\"position\":3,\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480\",\"name\":\"Is it safe to use credit cards? What is the way to prevent data breaches?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Credit cards are subject to data breaches and identity theft. The safest use of a credit card is a masked credit card.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Credit Card Future - What's In Store? - PayU Blog","description":"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","og_locale":"en_US","og_type":"article","og_title":"Credit Card Future - What's In Store? - PayU Blog","og_description":"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.","og_url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","og_site_name":"PayU Blog","article_publisher":"https:\/\/www.facebook.com\/PayUind\/","article_published_time":"2022-09-04T17:34:00+00:00","article_modified_time":"2022-11-01T06:56:08+00:00","og_image":[{"width":1250,"height":531,"url":"https:\/\/payu.in\/blog\/wp-content\/uploads\/2022\/09\/credit-card.png","type":"image\/png"}],"author":"Dhruv","twitter_card":"summary_large_image","twitter_creator":"@payuind","twitter_site":"@payuind","twitter_misc":{"Written by":"Dhruv","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["WebPage","FAQPage"],"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","name":"Credit Card Future - What's In Store? - PayU Blog","isPartOf":{"@id":"https:\/\/payu.in\/blog\/#website"},"datePublished":"2022-09-04T17:34:00+00:00","dateModified":"2022-11-01T06:56:08+00:00","author":{"@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd"},"description":"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.","breadcrumb":{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876"},{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368"},{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/payu.in\/blog\/"},{"@type":"ListItem","position":2,"name":"PayU Guides","item":"https:\/\/payu.in\/blog\/category\/payu-guides\/"},{"@type":"ListItem","position":3,"name":"Credit Card Future – What’s In Store?"}]},{"@type":"WebSite","@id":"https:\/\/payu.in\/blog\/#website","url":"https:\/\/payu.in\/blog\/","name":"PayU Blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/payu.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd","name":"Dhruv","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g","caption":"Dhruv"},"url":"https:\/\/payu.in\/blog\/author\/dhruv-mathurpayu-in\/"},{"@type":"Question","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876","position":1,"url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876","name":"How do you choose a credit card?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"You choose a credit card based on your spending habits, financial goals and costs.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368","position":2,"url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368","name":"What are the benefits of credit cards?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Credit cards provide you with temporary financing and also access to emergency cash.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480","position":3,"url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480","name":"Is it safe to use credit cards? What is the way to prevent data breaches?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Credit cards are subject to data breaches and identity theft. The safest use of a credit card is a masked credit card.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/12017"}],"collection":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/comments?post=12017"}],"version-history":[{"count":4,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/12017\/revisions"}],"predecessor-version":[{"id":12282,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/12017\/revisions\/12282"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/media\/12020"}],"wp:attachment":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/media?parent=12017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/categories?post=12017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/tags?post=12017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Identity theft is a frequently-experienced phenomenon in the banking industry and among credit card users. In India, 131.2 million cybercrime cases were reported in 2019, and the numbers continue to rise.<\/p>\n\n\n\n
4 in 10 customers have experienced identity theft in India, with 81% of Indians being alarmed about their privacy. Now, how do masked credit cards help?<\/p>\n\n\n\n
Virtual credit cards allow you to hide your credit card information from merchants and data brokers. In a masked credit card, your actual credit card number is never handed over and kept secure, preventing incidents of identity theft.<\/p>\n\n\n\n
Alternative Data Sets Enable Credit Scoring<\/strong><\/h3>\n\n\n\nIn the U.S, phone, utility and cable payment bill data is used for better credit scoring. This alternative permits card companies to underwrite loans better. 80% of the lenders use credit as well as other information.<\/p>\n\n\n\n
Key Takeaways<\/strong><\/h4>\n\n\n\nWith an anticipated increased use of credit cards, the industry is set to transform how credit cards are used and calculate credit scores.<\/p>\n\n\n\n
FAQs<\/strong><\/h4>\n\n\n\nHow do you choose a credit card?<\/strong><\/strong> You choose a credit card based on your spending habits, financial goals and costs.<\/p> <\/div>
What are the benefits of credit cards?<\/strong><\/strong> Credit cards provide you with temporary financing and also access to emergency cash.<\/p> <\/div>
Is it safe to use credit cards? What is the way to prevent data breaches?<\/strong><\/strong> Credit cards are subject to data breaches and identity theft. The safest use of a credit card is a masked credit card.<\/p> <\/div> <\/div>\n","protected":false},"excerpt":{"rendered":"
In India, only 5% of the population uses credit cards; despite this data, from 2021 to 2022, the credit card market witnessed a growth of almost 11.7%. 2021 saw an…<\/p>\n","protected":false},"author":53,"featured_media":12020,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[902],"tags":[1354,1383],"yoast_head":"\n
Credit Card Future - What's In Store? - PayU Blog<\/title>\n<meta name=\"description\" content=\"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Credit Card Future - What's In Store? - PayU Blog\" \/>\n<meta property=\"og:description\" content=\"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\" \/>\n<meta property=\"og:site_name\" content=\"PayU Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PayUind\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-04T17:34:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-01T06:56:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/payu.in\/blog\/wp-content\/uploads\/2022\/09\/credit-card.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1250\" \/>\n\t<meta property=\"og:image:height\" content=\"531\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Dhruv\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@payuind\" \/>\n<meta name=\"twitter:site\" content=\"@payuind\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dhruv\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\",\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\",\"name\":\"Credit Card Future - What's In Store? - PayU Blog\",\"isPartOf\":{\"@id\":\"https:\/\/payu.in\/blog\/#website\"},\"datePublished\":\"2022-09-04T17:34:00+00:00\",\"dateModified\":\"2022-11-01T06:56:08+00:00\",\"author\":{\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd\"},\"description\":\"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.\",\"breadcrumb\":{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876\"},{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368\"},{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480\"}],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/payu.in\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PayU Guides\",\"item\":\"https:\/\/payu.in\/blog\/category\/payu-guides\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Credit Card Future – What’s In Store?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/payu.in\/blog\/#website\",\"url\":\"https:\/\/payu.in\/blog\/\",\"name\":\"PayU Blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/payu.in\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd\",\"name\":\"Dhruv\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g\",\"caption\":\"Dhruv\"},\"url\":\"https:\/\/payu.in\/blog\/author\/dhruv-mathurpayu-in\/\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876\",\"position\":1,\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876\",\"name\":\"How do you choose a credit card?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You choose a credit card based on your spending habits, financial goals and costs.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368\",\"position\":2,\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368\",\"name\":\"What are the benefits of credit cards?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Credit cards provide you with temporary financing and also access to emergency cash.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480\",\"position\":3,\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480\",\"name\":\"Is it safe to use credit cards? What is the way to prevent data breaches?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Credit cards are subject to data breaches and identity theft. The safest use of a credit card is a masked credit card.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Credit Card Future - What's In Store? - PayU Blog","description":"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","og_locale":"en_US","og_type":"article","og_title":"Credit Card Future - What's In Store? - PayU Blog","og_description":"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.","og_url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","og_site_name":"PayU Blog","article_publisher":"https:\/\/www.facebook.com\/PayUind\/","article_published_time":"2022-09-04T17:34:00+00:00","article_modified_time":"2022-11-01T06:56:08+00:00","og_image":[{"width":1250,"height":531,"url":"https:\/\/payu.in\/blog\/wp-content\/uploads\/2022\/09\/credit-card.png","type":"image\/png"}],"author":"Dhruv","twitter_card":"summary_large_image","twitter_creator":"@payuind","twitter_site":"@payuind","twitter_misc":{"Written by":"Dhruv","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["WebPage","FAQPage"],"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","name":"Credit Card Future - What's In Store? - PayU Blog","isPartOf":{"@id":"https:\/\/payu.in\/blog\/#website"},"datePublished":"2022-09-04T17:34:00+00:00","dateModified":"2022-11-01T06:56:08+00:00","author":{"@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd"},"description":"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.","breadcrumb":{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876"},{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368"},{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/payu.in\/blog\/"},{"@type":"ListItem","position":2,"name":"PayU Guides","item":"https:\/\/payu.in\/blog\/category\/payu-guides\/"},{"@type":"ListItem","position":3,"name":"Credit Card Future – What’s In Store?"}]},{"@type":"WebSite","@id":"https:\/\/payu.in\/blog\/#website","url":"https:\/\/payu.in\/blog\/","name":"PayU Blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/payu.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd","name":"Dhruv","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g","caption":"Dhruv"},"url":"https:\/\/payu.in\/blog\/author\/dhruv-mathurpayu-in\/"},{"@type":"Question","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876","position":1,"url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876","name":"How do you choose a credit card?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"You choose a credit card based on your spending habits, financial goals and costs.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368","position":2,"url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368","name":"What are the benefits of credit cards?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Credit cards provide you with temporary financing and also access to emergency cash.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480","position":3,"url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480","name":"Is it safe to use credit cards? What is the way to prevent data breaches?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Credit cards are subject to data breaches and identity theft. The safest use of a credit card is a masked credit card.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/12017"}],"collection":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/comments?post=12017"}],"version-history":[{"count":4,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/12017\/revisions"}],"predecessor-version":[{"id":12282,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/12017\/revisions\/12282"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/media\/12020"}],"wp:attachment":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/media?parent=12017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/categories?post=12017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/tags?post=12017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
With an anticipated increased use of credit cards, the industry is set to transform how credit cards are used and calculate credit scores.<\/p>\n\n\n\n
FAQs<\/strong><\/h4>\n\n\n\nHow do you choose a credit card?<\/strong><\/strong> You choose a credit card based on your spending habits, financial goals and costs.<\/p> <\/div>
What are the benefits of credit cards?<\/strong><\/strong> Credit cards provide you with temporary financing and also access to emergency cash.<\/p> <\/div>
Is it safe to use credit cards? What is the way to prevent data breaches?<\/strong><\/strong> Credit cards are subject to data breaches and identity theft. The safest use of a credit card is a masked credit card.<\/p> <\/div> <\/div>\n","protected":false},"excerpt":{"rendered":"
In India, only 5% of the population uses credit cards; despite this data, from 2021 to 2022, the credit card market witnessed a growth of almost 11.7%. 2021 saw an…<\/p>\n","protected":false},"author":53,"featured_media":12020,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[902],"tags":[1354,1383],"yoast_head":"\n
Credit Card Future - What's In Store? - PayU Blog<\/title>\n<meta name=\"description\" content=\"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Credit Card Future - What's In Store? - PayU Blog\" \/>\n<meta property=\"og:description\" content=\"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\" \/>\n<meta property=\"og:site_name\" content=\"PayU Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PayUind\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-04T17:34:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-01T06:56:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/payu.in\/blog\/wp-content\/uploads\/2022\/09\/credit-card.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1250\" \/>\n\t<meta property=\"og:image:height\" content=\"531\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Dhruv\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@payuind\" \/>\n<meta name=\"twitter:site\" content=\"@payuind\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dhruv\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\",\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\",\"name\":\"Credit Card Future - What's In Store? - PayU Blog\",\"isPartOf\":{\"@id\":\"https:\/\/payu.in\/blog\/#website\"},\"datePublished\":\"2022-09-04T17:34:00+00:00\",\"dateModified\":\"2022-11-01T06:56:08+00:00\",\"author\":{\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd\"},\"description\":\"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.\",\"breadcrumb\":{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876\"},{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368\"},{\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480\"}],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/payu.in\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PayU Guides\",\"item\":\"https:\/\/payu.in\/blog\/category\/payu-guides\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Credit Card Future – What’s In Store?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/payu.in\/blog\/#website\",\"url\":\"https:\/\/payu.in\/blog\/\",\"name\":\"PayU Blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/payu.in\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd\",\"name\":\"Dhruv\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/payu.in\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g\",\"caption\":\"Dhruv\"},\"url\":\"https:\/\/payu.in\/blog\/author\/dhruv-mathurpayu-in\/\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876\",\"position\":1,\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876\",\"name\":\"How do you choose a credit card?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You choose a credit card based on your spending habits, financial goals and costs.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368\",\"position\":2,\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368\",\"name\":\"What are the benefits of credit cards?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Credit cards provide you with temporary financing and also access to emergency cash.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480\",\"position\":3,\"url\":\"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480\",\"name\":\"Is it safe to use credit cards? What is the way to prevent data breaches?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Credit cards are subject to data breaches and identity theft. The safest use of a credit card is a masked credit card.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Credit Card Future - What's In Store? - PayU Blog","description":"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","og_locale":"en_US","og_type":"article","og_title":"Credit Card Future - What's In Store? - PayU Blog","og_description":"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.","og_url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","og_site_name":"PayU Blog","article_publisher":"https:\/\/www.facebook.com\/PayUind\/","article_published_time":"2022-09-04T17:34:00+00:00","article_modified_time":"2022-11-01T06:56:08+00:00","og_image":[{"width":1250,"height":531,"url":"https:\/\/payu.in\/blog\/wp-content\/uploads\/2022\/09\/credit-card.png","type":"image\/png"}],"author":"Dhruv","twitter_card":"summary_large_image","twitter_creator":"@payuind","twitter_site":"@payuind","twitter_misc":{"Written by":"Dhruv","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["WebPage","FAQPage"],"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/","name":"Credit Card Future - What's In Store? - PayU Blog","isPartOf":{"@id":"https:\/\/payu.in\/blog\/#website"},"datePublished":"2022-09-04T17:34:00+00:00","dateModified":"2022-11-01T06:56:08+00:00","author":{"@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd"},"description":"Read on to know the major future trends that are likely to dominate the credit card industry as the world embraces digitalisation.","breadcrumb":{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876"},{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368"},{"@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/payu.in\/blog\/"},{"@type":"ListItem","position":2,"name":"PayU Guides","item":"https:\/\/payu.in\/blog\/category\/payu-guides\/"},{"@type":"ListItem","position":3,"name":"Credit Card Future – What’s In Store?"}]},{"@type":"WebSite","@id":"https:\/\/payu.in\/blog\/#website","url":"https:\/\/payu.in\/blog\/","name":"PayU Blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/payu.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/3fdae3201b655ceab81b43e83ec08dcd","name":"Dhruv","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/payu.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9262bd6f8d3679eb0348a8df4f142790?s=96&d=mm&r=g","caption":"Dhruv"},"url":"https:\/\/payu.in\/blog\/author\/dhruv-mathurpayu-in\/"},{"@type":"Question","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876","position":1,"url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485868876","name":"How do you choose a credit card?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"You choose a credit card based on your spending habits, financial goals and costs.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368","position":2,"url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485892368","name":"What are the benefits of credit cards?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Credit cards provide you with temporary financing and also access to emergency cash.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480","position":3,"url":"https:\/\/payu.in\/blog\/credit-card-future-whats-in-store\/#faq-question-1662485906480","name":"Is it safe to use credit cards? What is the way to prevent data breaches?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Credit cards are subject to data breaches and identity theft. The safest use of a credit card is a masked credit card.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/12017"}],"collection":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/comments?post=12017"}],"version-history":[{"count":4,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/12017\/revisions"}],"predecessor-version":[{"id":12282,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/posts\/12017\/revisions\/12282"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/media\/12020"}],"wp:attachment":[{"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/media?parent=12017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/categories?post=12017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/payu.in\/blog\/wp-json\/wp\/v2\/tags?post=12017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
You choose a credit card based on your spending habits, financial goals and costs.<\/p> <\/div>
Credit cards provide you with temporary financing and also access to emergency cash.<\/p> <\/div>
Credit cards are subject to data breaches and identity theft. The safest use of a credit card is a masked credit card.<\/p> <\/div> <\/div>\n","protected":false},"excerpt":{"rendered":"
In India, only 5% of the population uses credit cards; despite this data, from 2021 to 2022, the credit card market witnessed a growth of almost 11.7%. 2021 saw an…<\/p>\n","protected":false},"author":53,"featured_media":12020,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[902],"tags":[1354,1383],"yoast_head":"\n