The Curious Case Of A Higher ‘Bounce Rate’ On Auto Debit Transactions
Vendors wearing protective masks sit using their mobile phones in a store at the Ghazipur Wholesale Flower Market in New Delhi, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

The Curious Case Of A Higher ‘Bounce Rate’ On Auto Debit Transactions

Auto-debit transactions between different banks, which are used for recurring payments like loans, investments and bill payments, have seen a surge in the ‘bounce rate’, shows data from the Nationa...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.