Charge Cards in India

December 2022 | 22 pages | ID: C4A2E391239EN
Euromonitor International Ltd

Abstracts

Charge cards, which in India is only available for personal usage, remains a niche category within financial cards. The eligibility criteria for a charge card in terms of credit score and minimum salary requirement in India are high compared to those of a credit card, which restricts its usage and acceptance to high-income consumers who are attracted to the exclusivity of the product and various rewards programmes and quality services. Moreover, the in-built security features on the cards protec...

Euromonitor International's Charge Card Transactions 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: Commercial Charge Card Transactions, Personal Charge Card Transactions.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Charge Card Transactions 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.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

CHARGE CARDS IN INDIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Charge cards remains a niche in India
Average spend per transaction remains high compared to other financial cards
American Express remains sole local issuer and operator in India in 2021
PROSPECTS AND OPPORTUNITIES
Despite further dynamic growth, penetration of charge cards in India will remain low
Consumers view credit cards as more viable option
American Express likely to explore further expansion opportunities
CATEGORY DATA
Table 1 Charge Cards: Number of Cards in Circulation 2017-2022
Table 2 Charge Cards Transactions 2017-2022
Table 3 Charge Cards in Circulation: % Growth 2017-2022
Table 4 Charge Cards Transactions: % Growth 2017-2022
Table 5 Personal Charge Cards: Number of Cards in Circulation 2017-2022
Table 6 Personal Charge Cards Transactions 2017-2022
Table 7 Personal Charge Cards in Circulation: % Growth 2017-2022
Table 8 Personal Charge Cards Transactions: % Growth 2017-2022
Table 9 Charge Cards: Number of Cards by Issuer 2017-2021
Table 10 Charge Cards: Number of Cards by Operator 2017-2021
Table 11 Charge Cards Payment Transaction Value by Issuer 2017-2021
Table 12 Charge Cards Payment Transaction Value by Operator 2017-2021
Table 13 Personal Charge Cards: Number of Cards by Issuer 2017-2021
Table 14 Personal Charge Cards: Number of Cards by Operator 2017-2021
Table 15 Personal Charge Cards Transaction Value by Issuer 2017-2021
Table 16 Personal Charge Cards Transaction Value by Operator 2017-2021
Table 17 Forecast Charge Cards: Number of Cards in Circulation 2022-2027
Table 18 Forecast Charge Cards Transactions 2022-2027
Table 19 Forecast Charge Cards in Circulation: % Growth 2022-2027
Table 20 Forecast Charge Cards Transactions: % Growth 2022-2027
Table 21 Forecast Personal Charge Cards: Number of Cards in Circulation 2022-2027
Table 22 Forecast Personal Charge Cards Transactions 2022-2027
Table 23 Forecast Personal Charge Cards in Circulation: % Growth 2022-2027
Table 24 Forecast Personal Charge Cards Transactions: % Growth 2022-2027
FINANCIAL CARDS AND PAYMENTS IN INDIA
EXECUTIVE SUMMARY
Financial cards and payments in 2022: The big picture
2022 key trends
Greater return to normality drives up commercial card transactions and use of travel-related cards
Competitive landscape
What next for financial cards and payments?
MARKET INDICATORS
Table 25 Number of POS Terminals: Units 2017-2022
Table 26 Number of ATMs: Units 2017-2022
Table 27 Value Lost to Fraud 2017-2022
Table 28 Card Expenditure by Location 2022
Table 29 Financial Cards in Circulation by Type: % Number of Cards 2017-2022
Table 30 Domestic versus Foreign Spend 2022
MARKET DATA
Table 31 Financial Cards by Category: Number of Cards in Circulation 2017-2022
Table 32 Financial Cards by Category: Number of Accounts 2017-2022
Table 33 Financial Cards Transactions by Category: Value 2017-2022
Table 34 Financial Cards by Category: Number of Transactions 2017-2022
Table 35 Consumer Payments by Category: Value 2017-2022
Table 36 Consumer Payments by Category: Number of Transactions 2017-2022
Table 37 M-Commerce by Category: Value 2017-2022
Table 38 M-Commerce by Category: % Value Growth 2017-2022
Table 39 Financial Cards: Number of Cards by Issuer 2017-2021
Table 40 Financial Cards: Number of Cards by Operator 2017-2021
Table 41 Financial Cards: Card Payment Transactions Value by Operator 2017-2021
Table 42 Financial Cards: Card Payment Transactions Value by Issuer 2017-2021
Table 43 Forecast Financial Cards by Category: Number of Cards in Circulation 2022-2027
Table 44 Forecast Financial Cards by Category: Number of Accounts 2022-2027
Table 45 Forecast Financial Cards Transactions by Category: Value 2022-2027
Table 46 Forecast Financial Cards by Category: Number of Transactions 2022-2027
Table 47 Forecast Consumer Payments by Category: Value 2022-2027
Table 48 Forecast Consumer Payments by Category: Number of Transactions 2022-2027
Table 49 Forecast M-Commerce by Category: Value 2022-2027
Table 50 Forecast M-Commerce by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources