Euromonitor International
- Item successfully added to cart!
  
  Your cart is empty
  
  Check Out View Cart

Country Report

Financial Cards and Payments in

Financial Cards and Payments in India

46 pages, Nov 2017

US$2,100

Add to cart Pay by invoice

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Financial cards registers strong growth in 2017, driven by demonetisation

Financial cards in India in 2017 registered healthy growth for the year. Growth was primarily driven by the demonetisation move declared by the government of India in November 2016.

Demonetisation also encourages retailers

Furthermore, due to demonetisation, a large number of retailers started to accept cards as well, which was not the case earlier in 2016, especially with smaller retailers. Since the acceptance of cards also increased, this led to consumers using cards in almost every transaction, irrespective of the amount of the transaction.

Private and public sector banks compete head to head

Banks in India have always been dominated by public sector players; however, slowly and steadily due to their better product offerings and faster paperwork processing, consumers have been shifting towards private banks. Private banks, in an effort to reach out to more clients, offered longer working hours and assigned relationship managers to their customers who had an account with them for over two to three years, while also providing consumers with higher cashback and discounts.

Digitalisation of payments will prove to be a challenge for card usage growth

As demonetisation drove consumers to use more cards, another relatively new payment system curtailed that growth somewhat. Payment wallets became quite popular across the country, especially in tier 2 and tier 3 cities, and also in rural parts of the country.

Payment wallets increase the scope for transactions

Furthermore, these payment wallets allowed consumers to carry out other transactions as well, such as payments for utility bills, recharging pre-paid mobile phone connections, and in the case of PayTM, the poster company for payment wallets in India, shopping as well. These applications continued to attract consumers due to their convenient usage, where all one needed was an internet-enabled mobile phone and one could make all types of payments.

Files are delivered directly into your account within a few minutes of purchase.

Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

Samples (FAQs about samples):

Delivery: Files are delivered directly into your account within a few minutes of purchase.

Overview

Discover the latest market trends and uncover sources of future market growth for the Financial Cards and Payments industry in India with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Financial Cards and Payments industry in India, our research will save you time and money while empowering you to make informed, profitable decisions.

The Financial Cards and Payments in India market research report includes:

Analysis of key supply-side and demand trends
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Financial Cards and Payments in India?
What are the major operators and issuers in India?
How will regulation impact the market?
What is the current state of emerging payment technologies such as mobile commerce?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

Euromonitor’s industry reports, including Financial Cards and Payments in India, originate from our database within our Consumer Finance market share and market size database, Passport, a platform which analyses Consumer Finance in 46 countries and globally.

Want to find out more about this report?

Request more information

Financial Cards and Payments in India - Industry Overview

EXECUTIVE SUMMARY

Financial cards registers strong growth in 2017, driven by demonetisation

Demonetisation also encourages retailers

Private and public sector banks compete head to head

Digitalisation of payments will prove to be a challenge for card usage growth

Payment wallets increase the scope for transactions

MARKET INDICATORS

Table 1 Number of POS Terminals: Units 2012-2017
Table 2 Number of ATMs: Units 2012-2017
Table 3 Value Lost to Fraud 2012-2017
Table 4 Card Expenditure by Location 2017
Table 5 Financial Cards in Circulation by Type: % Number of Cards 2012-2017
Table 6 Domestic versus Foreign Spend 2017

MARKET DATA

Table 7 Financial Cards by Category: Number of Cards in Circulation 2012-2017
Table 8 Financial Cards by Category: Number of Accounts 2012-2017
Table 9 Financial Cards Transactions by Category: Value 2012-2017
Table 10 Financial Cards by Category: Number of Transactions 2012-2017
Table 11 Consumer Payments by Category: Value 2012-2017
Table 12 Consumer Payments by Category: Number of Transactions 2012-2017
Table 13 M-Commerce by Category: Value 2013-2017
Table 14 M-Commerce by Category: % Value Growth 2013-2017
Table 15 Financial Cards: Number of Cards by Issuer 2012-2016
Table 16 Financial Cards: Number of Cards by Operator 2012-2016
Table 17 Financial Cards: Card Payment Transactions Value by Operator 2012-2016
Table 18 Financial Cards: Card Payment Transactions Value by Issuer 2012-2016
Table 19 Forecast Financial Cards by Category: Number of Cards in Circulation 2017-2022
Table 20 Forecast Financial Cards by Category: Number of Accounts 2017-2022
Table 21 Forecast Financial Cards Transactions by Category: Value 2017-2022
Table 22 Forecast Financial Cards by Category: Number of Transactions 2017-2022
Table 23 Forecast Consumer Payments by Category: Value 2017-2022
Table 24 Forecast Consumer Payments by Category: Number of Transactions 2017-2022
Table 25 Forecast M-Commerce by Category: Value 2017-2022
Table 26 Forecast M-Commerce by Category: % Value Growth 2017-2022

SOURCES

Summary 1 Research Sources

Charge Cards in India - Category analysis

HEADLINES

PROSPECTS

Charge cards is expected to continue being a niche category in India

Charge cards set to become more popular

COMPETITIVE LANDSCAPE

International brands continued to drive growth of charge cards in India

American Express continues to lead

CATEGORY DATA

Table 27 Charge Cards: Number of Cards in Circulation 2012-2017
Table 28 Charge Cards Transactions 2012-2017
Table 29 Charge Cards in Circulation: % Growth 2012-2017
Table 30 Charge Cards Transactions: % Growth 2012-2017
Table 31 Commercial Charge Cards: Number of Cards in Circulation 2012-2017
Table 32 Commercial Charge Cards Transactions 2012-2017
Table 33 Commercial Charge Cards in Circulation: % Growth 2012-2017
Table 34 Commercial Charge Cards Transactions: % Growth 2012-2017
Table 35 Personal Charge Cards: Number of Cards in Circulation 2012-2017
Table 36 Personal Charge Cards Transactions 2012-2017
Table 37 Personal Charge Cards in Circulation: % Growth 2012-2017
Table 38 Personal Charge Cards Transactions: % Growth 2012-2017
Table 39 Charge Cards: Number of Cards by Issuer 2012-2016
Table 40 Charge Cards: Number of Cards by Operator 2012-2016
Table 41 Charge Cards Payment Transaction Value by Issuer 2012-2016
Table 42 Charge Cards Payment Transaction Value by Operator 2012-2016
Table 43 Commercial Charge Cards: Number of Cards by Issuer 2012-2016
Table 44 Commercial Charge Cards: Number of Cards by Operator 2012-2016
Table 45 Commercial Charge Cards Payment Transaction Value by Issuer 2012-2016
Table 46 Commercial Charge Cards Payment Transaction Value by Operator 2012-2016
Table 47 Personal Charge Cards: Number of Cards by Issuer 2012-2016
Table 48 Personal Charge Cards: Number of Cards by Operator 2012-2016
Table 49 Personal Charge Cards Transaction Value by Issuer 2012-2016
Table 50 Personal Charge Cards Transaction Value by Operator 2012-2016
Table 51 Forecast Charge Cards: Number of Cards in Circulation 2017-2022
Table 52 Forecast Charge Cards Transactions 2017-2022
Table 53 Forecast Charge Cards in Circulation: % Growth 2017-2022
Table 54 Forecast Charge Cards Transactions: % Growth 2017-2022
Table 55 Forecast Commercial Charge Cards: Number of Cards in Circulation 2017-2022
Table 56 Forecast Commercial Charge Cards Transactions 2017-2022
Table 57 Forecast Commercial Charge Cards in Circulation: % Growth 2017-2022
Table 58 Forecast Commercial Charge Cards Transactions: % Growth 2017-2022
Table 59 Forecast Personal Charge Cards: Number of Cards in Circulation 2017-2022
Table 60 Forecast Personal Charge Cards Transactions 2017-2022
Table 61 Forecast Personal Charge Cards in Circulation: % Growth 2017-2022
Table 62 Forecast Personal Charge Cards Transactions: % Growth 2017-2022

Credit Cards in India - Category analysis

HEADLINES

PROSPECTS

Millennial consumer base drives and is expected to continue driving growth of credit cards

Cashback and discounts attract consumers

Demonetisation supports initial growth

COMPETITIVE LANDSCAPE

International companies continue to lead the competition, in terms of both issuers and operators

Visa continues to lead

CATEGORY DATA

Table 63 Credit Cards: Number of Cards in Circulation 2012-2017
Table 64 Credit Cards Transactions 2012-2017
Table 65 Credit Cards in Circulation: % Growth 2012-2017
Table 66 Credit Cards Transactions: % Growth 2012-2017
Table 67 Commercial Credit Cards: Number of Cards in Circulation 2012-2017
Table 68 Commercial Credit Cards Transactions 2012-2017
Table 69 Commercial Credit Cards in Circulation: % Growth 2012-2017
Table 70 Commercial Credit Cards Transactions: % Growth 2012-2017
Table 71 Personal Credit Cards: Number of Cards in Circulation 2012-2017
Table 72 Personal Credit Cards Transactions 2012-2017
Table 73 Personal Credit Cards in Circulation: % Growth 2012-2017
Table 74 Personal Credit Cards Transactions: % Growth 2012-2017
Table 75 Credit Cards: Number of Cards by Issuer 2012-2016
Table 76 Credit Cards: Number of Cards by Operator 2012-2016
Table 77 Credit Cards Payment Transaction Value by Issuer 2012-2016
Table 78 Credit Cards Payment Transaction Value by Operator 2012-2016
Table 79 Commercial Credit Cards: Number of Cards by Issuer 2012-2016
Table 80 Commercial Credit Cards: Number of Cards by Operator 2012-2016
Table 81 Commercial Credit Cards Payment Transaction Value by Issuer 2012-2016
Table 82 Commercial Credit Cards Payment Transaction Value by Operator 2012-2016
Table 83 Personal Credit Cards: Number of Cards by Issuer 2012-2016
Table 84 Personal Credit Cards: Number of Cards by Operator 2012-2016
Table 85 Personal Credit Cards Payment Transaction Value by Issuer 2012-2016
Table 86 Personal Credit Cards Payment Transaction Value by Operator 2012-2016
Table 87 Forecast Credit Cards: Number of Cards in Circulation 2017-2022
Table 88 Forecast Credit Cards Transactions 2017-2022
Table 89 Forecast Credit Cards in Circulation: % Growth 2017-2022
Table 90 Forecast Credit Cards Transactions: % Growth 2017-2022
Table 91 Forecast Commercial Credit Cards: Number of Cards in Circulation 2017-2022
Table 92 Forecast Commercial Credit Cards Transactions 2017-2022
Table 93 Forecast Commercial Credit Cards in Circulation: % Growth 2017-2022
Table 94 Forecast Commercial Credit Cards Transactions: % Growth 2017-2022
Table 95 Forecast Personal Credit Cards: Number of Cards in Circulation 2017-2022
Table 96 Forecast Personal Credit Cards: Number of Cards in Circulation 2017-2022
Table 97 Forecast Personal Credit Cards Transactions 2017-2022
Table 98 Forecast Personal Credit Cards in Circulation: % Growth 2017-2022
Table 99 Forecast Personal Credit Cards Transactions: % Growth 2017-2022

Debit Cards in India - Category analysis

HEADLINES

PROSPECTS

Demonetisation pushes growth of debit cards and converts consumers to card users

Cash liquidity problems

Payment wallets limit growth

COMPETITIVE LANDSCAPE

Public sector banks continue to dominate the competition

RuPay continues to lead

CATEGORY DATA

Table 100 Debit Cards: Number of Cards in Circulation 2012-2017
Table 101 Debit Cards Transactions 2012-2017
Table 102 Debit Cards in Circulation: % Growth 2012-2017
Table 103 Debit Cards Transactions: % Growth 2012-2017
Table 104 Debit Cards: Number of Cards by Issuer 2012-2016
Table 105 Debit Cards: Number of Cards by Operator 2012-2016
Table 106 Debit Cards Payment Transaction Value by Issuer 2012-2016
Table 107 Debit Cards Payment Transaction Value by Operator 2012-2016
Table 108 Forecast Debit Cards: Number of Cards in Circulation 2017-2022
Table 109 Forecast Debit Cards Transactions 2017-2022
Table 110 Forecast Debit Cards in Circulation: % Growth 2017-2022
Table 111 Forecast Debit Cards Transactions: % Growth 2017-2022

Pre-Paid Cards in India - Category analysis

HEADLINES

PROSPECTS

Pre-paid cards will offer stiff competition to debit cards

Commuters switch to closed loop cards

COMPETITIVE LANDSCAPE

Transportation cards drive use of pre-paid cards in the country

Axis Bank leads open loop

Mastercard achieves strong brand awareness

CATEGORY DATA

Table 112 Pre-paid Cards: Number of Cards in Circulation 2012-2017
Table 113 Pre-paid Cards Transactions 2012-2017
Table 114 Pre-paid Cards in Circulation: % Growth 2012-2017
Table 115 Pre-paid Cards Transactions: % Growth 2012-2017
Table 116 Closed Loop Pre-paid Cards Transactions 2012-2017
Table 117 Closed Loop Pre-paid Cards Transactions: % Growth 2012-2017
Table 118 Open Loop Pre-paid Cards Transactions 2012-2017
Table 119 Open Loop Pre-paid Cards Transactions: % Growth 2012-2017
Table 120 Pre-paid Cards: Number of Cards by Issuer 2012-2016
Table 121 Pre-paid Cards: Number of Cards by Operator 2012-2016
Table 122 Pre-paid Cards Transaction Value by Issuer 2012-2016
Table 123 Pre-paid Cards Transaction Value by Operator 2012-2016
Table 124 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2012-2016
Table 125 Closed Loop Pre-paid Cards: Number of Cards by Operator 2012-2016
Table 126 Closed Loop Pre-paid Cards Transaction Value by Issuer 2012-2016
Table 127 Closed Loop Pre-paid Cards Transaction Value by Operator 2012-2016
Table 128 Open Loop Pre-paid Cards: Number of Cards by Issuer 2012-2016
Table 129 Open Loop Pre-paid Cards: Number of Cards by Operator 2012-2016
Table 130 Open Loop Pre-paid Cards Transaction Value by Issuer 2012-2016
Table 131 Open Loop Pre-paid Cards Transaction Value by Operator 2012-2016
Table 132 Forecast Pre-paid Cards: Number of Cards in Circulation 2017-2022
Table 133 Forecast Pre-paid Cards Transactions 2017-2022
Table 134 Forecast Pre-paid Cards in Circulation: % Growth 2017-2022
Table 135 Forecast Pre-paid Cards Transactions: % Growth 2017-2022
Table 136 Forecast Closed Loop Pre-paid Cards Transactions 2017-2022
Table 137 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2017-2022
Table 138 Forecast Open Loop Pre-paid Cards Transactions 2017-2022
Table 139 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2017-2022

Megatrends

Country Report

Financial Cards and Payments in India

New Report Guarantee

Executive Summary

New Report Guarantee

Financial cards registers strong growth in 2017, driven by demonetisation

Demonetisation also encourages retailers

Private and public sector banks compete head to head

Digitalisation of payments will prove to be a challenge for card usage growth

Payment wallets increase the scope for transactions

Overview

Why buy this report?

Samples (FAQs about samples):

Want to find out more about this report?

Table of Contents

Financial Cards and Payments in India - Industry Overview

EXECUTIVE SUMMARY

Financial cards registers strong growth in 2017, driven by demonetisation

Demonetisation also encourages retailers

Private and public sector banks compete head to head

Digitalisation of payments will prove to be a challenge for card usage growth

Payment wallets increase the scope for transactions

MARKET INDICATORS

MARKET DATA

SOURCES

Charge Cards in India - Category analysis

HEADLINES

PROSPECTS

Charge cards is expected to continue being a niche category in India

Charge cards set to become more popular

COMPETITIVE LANDSCAPE

International brands continued to drive growth of charge cards in India

American Express continues to lead

CATEGORY DATA

Credit Cards in India - Category analysis

HEADLINES

PROSPECTS

Millennial consumer base drives and is expected to continue driving growth of credit cards

Cashback and discounts attract consumers

Demonetisation supports initial growth

COMPETITIVE LANDSCAPE

International companies continue to lead the competition, in terms of both issuers and operators

Visa continues to lead

CATEGORY DATA

Debit Cards in India - Category analysis

HEADLINES

PROSPECTS

Demonetisation pushes growth of debit cards and converts consumers to card users

Cash liquidity problems

Payment wallets limit growth

COMPETITIVE LANDSCAPE

Public sector banks continue to dominate the competition

RuPay continues to lead

CATEGORY DATA

Pre-Paid Cards in India - Category analysis

HEADLINES

PROSPECTS

Pre-paid cards will offer stiff competition to debit cards

Commuters switch to closed loop cards

COMPETITIVE LANDSCAPE

Transportation cards drive use of pre-paid cards in the country

Axis Bank leads open loop

Mastercard achieves strong brand awareness

CATEGORY DATA

Store Cards in India - Category analysis

PROSPECTS

Why buy this report?

Want to find out more about this report?

Recently Viewed

Complete Catalogue

Country Reports

Company Reports

Recently Viewed

Complete Catalogue

Country Reports

Company Reports