India remained a primarily cash-using market. It continued to cater to its ongoing "no debt" mentality and the concern to avoid plastic money frauds. However, a slow change took place during the review period. Use of cards increased substantially in 2012 as consumers became more confident about financial cards and payment structure, their security and convenience. Since 2010 the improving GDP of the country has resulted in an increase in both per capita income and expenditure of the youth. This resulted in an increased use of plastic money as the youth are more accepting towards change.
Euromonitor International's Financial Cards and Payments in India report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Financial Cards in Circulation, Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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Get a detailed picture of the Financial Cards and Payments market;
Pinpoint growth sectors and identify factors driving change;
Understand the competitive environment, the market's major players and leading brands;
Use five-year forecasts to assess how the market is predicted to develop.
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Table of Contents
Financial Cards and Payments in India - Industry Overview
Executive Summary
Usage of Cards Continues To Grow
Stark Rise in Pos and Atm Terminals
Banks Refocus on Credit Cards
Reserve Bank of India Pushes M-commerce
Closed Loop Pre-paid Cards Are Expected To Be the Next Big Thing
Key Trends and Developments
Shift in Power Between Credit Cards and Other Card Types
Government Pushes Electronic/ach Transactions
Retailers Enter the Closed Loop Pre-paid Card Market
2012 Witnesses India's Answer To VISA and Mastercard - Rupay
White Label Atms - Innovation in the Atm System
Market Indicators
Table 1. Number of POS Terminals 2007-2012
Table 2. Number of ATMs 2007-2012
Table 3. Value Lost to Fraud 2007-2012
Table 4. Card Expenditure by Location 2012
Table 5. Card Expenditure by Category 2012
Table 6. Financial Cards in Circulation by Type: % Number of Cards 2007-2012
Table 7. Domestic versus Foreign Spend 2012
Market Data
Table 8. Consumer Payments: Value 2007-2012
Table 9. Consumer Payments: Number of Transactions 2007-2012
Table 10. Financial Cards: Number of Cards in Circulation 2007-2012
Table 11. Financial Cards Transactions: Value 2007-2012
Table 12. Financial Cards: Number of Transactions 2007-2012
Table 13. Financial Cards: Number of Accounts 2007-2012
Table 14. Financial Cards: Number of Cards by Issuer 2007-2011
Table 15. Financial Cards: Number of Cards by Operator 2007-2011
Table 16. Financial Cards: Card Payment Transaction Value by Operator 2007-2011
Table 17. Financial Cards: Card Payment Transaction Value by Issuer 2007-2011
Table 18. Consumer Payments Forecast: Value 2012-2017
Table 19. Consumer Payments Forecast: Number of Transactions 2012-2017
Table 20. Financial Cards Forecast: Number of Cards in Circulation 2012-2017
Table 21. Financial Cards Forecast: Value 2012-2017
Table 22. Financial Cards Forecast: Number of Transactions 2012-2017
Table 23. Financial Cards Forecast: Number of Accounts 2012-2017
Sources
Summary 1. Research Sources
Axis Bank Ltd in Financial Cards and Payments (india)
Strategic Direction
Key Facts
Summary 2. Axis Bank Ltd: Key Facts
Summary 3. Axis Bank Ltd: Operational Indicators
Company Background
Competitive Positioning
Summary 4. Axis Bank Ltd: Competitive Position 2011
Hdfc Bank Ltd in Financial Cards and Payments (india)
Strategic Direction
Key Facts
Summary 5. HDFC Bank Ltd: Key Facts
Summary 6. HDFC Bank Ltd: Operational Indicators
Company Background
Competitive Positioning
Summary 7. HDFC Bank Ltd: Competitive Position 2011
Icici Bank Ltd in Financial Cards and Payments (india)
Strategic Direction
Key Facts
Summary 8. ICICI Bank Ltd: Key Facts
Summary 9. ICICI Bank Ltd: Operational Indicators
Company Background
Competitive Positioning
Summary 10. ICICI Bank Ltd: Competitive Position 2011
Punjab National Bank in Financial Cards and Payments (india)
Strategic Direction
Key Facts
Summary 11. Punjab National Bank: Key Facts
Summary 12. Punjab National Bank: Operational Indicators
Company Background
Competitive Positioning
Sbi Cards & Payment Services Ltd in Financial Cards and Payments (india)