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Charge Cards in India

Publisher Euromonitor International
Published Jul 01, 2025
Length 21 Pages
SKU # EP20174946

Description

Charge cards remain a niche category within the financial cards and payments market in India largely due to the stronger eligibility criteria for issuance of such products. The eligibility criteria for a charge card in terms of credit score requirement, minimum salary requirement and so on is high compared to that of a credit card, which means that these cards are restricted to high income consumers. These consumers are, as a result, attracted by the exclusivity of charge cards, as well as the v...

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.

Table of Contents

21 Pages
Charge Cards in India
Euromonitor International
July 2025
List Of Contents And Tables
CHARGE CARDS IN INDIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Stronger eligibility criteria continue to limit charge card demand
Merchant acceptance is relatively low, with average spend remaining high compared to other financial cards
American Express is the only charge cards issuer in India
PROSPECTS AND OPPORTUNITIES
Growth to remain subdued on the back of higher eligibility and lower consumer awareness
Credit cards seen as more viable credit instrument due to growing consumer financial literacy
Commercial charge cards offer opportunities through more tailored benefits
CATEGORY DATA
Table 1 Charge Cards: Number of Cards in Circulation 2019-2024
Table 2 Charge Cards Transactions 2019-2024
Table 3 Charge Cards in Circulation: % Growth 2019-2024
Table 4 Charge Cards Transactions: % Growth 2019-2024
Table 5 Personal Charge Cards: Number of Cards in Circulation 2019-2024
Table 6 Personal Charge Cards Transactions 2019-2024
Table 7 Personal Charge Cards in Circulation: % Growth 2019-2024
Table 8 Personal Charge Cards Transactions: % Growth 2019-2024
Table 9 Charge Cards: Number of Cards by Issuer 2019-2023
Table 10 Charge Cards: Number of Cards by Operator 2019-2023
Table 11 Charge Cards Payment Transaction Value by Issuer 2019-2023
Table 12 Charge Cards Payment Transaction Value by Operator 2019-2023
Table 13 Personal Charge Cards: Number of Cards by Issuer 2019-2023
Table 14 Personal Charge Cards: Number of Cards by Operator 2019-2023
Table 15 Personal Charge Cards Transaction Value by Issuer 2019-2023
Table 16 Personal Charge Cards Transaction Value by Operator 2019-2023
Table 17 Forecast Charge Cards: Number of Cards in Circulation 2024-2029
Table 18 Forecast Charge Cards Transactions 2024-2029
Table 19 Forecast Charge Cards in Circulation: % Growth 2024-2029
Table 20 Forecast Charge Cards Transactions: % Growth 2024-2029
Table 21 Forecast Personal Charge Cards: Number of Cards in Circulation 2024-2029
Table 22 Forecast Personal Charge Cards Transactions 2024-2029
Table 23 Forecast Personal Charge Cards in Circulation: % Growth 2024-2029
Table 24 Forecast Personal Charge Cards Transactions: % Growth 2024-2029
FINANCIAL CARDS AND PAYMENTS IN INDIA
EXECUTIVE SUMMARY
Financial cards and payments in 2024: The big picture
2024 key trends
Co-branded cards remain a focus to provide more tailored benefits
Competitive landscape
What next for financial cards and payments?
MARKET INDICATORS
Table 25 Number of POS Terminals: Units 2019-2024
Table 26 Number of ATMs: Units 2019-2024
Table 27 Value Lost to Fraud 2019-2024
Table 28 Card Expenditure by Location 2024
Table 29 Financial Cards in Circulation by Type: % Number of Cards 2019-2024
Table 30 Domestic versus Foreign Spend 2024
MARKET DATA
Table 31 Financial Cards by Category: Number of Cards in Circulation 2019-2024
Table 32 Financial Cards by Category: Number of Accounts 2019-2024
Table 33 Financial Cards Transactions by Category: Value 2019-2024
Table 34 Financial Cards by Category: Number of Transactions 2019-2024
Table 35 Consumer Payments by Category: Value 2019-2024
Table 36 Consumer Payments by Category: Number of Transactions 2019-2024
Table 37 M-Commerce by Category: Value 2019-2024
Table 38 M-Commerce by Category: % Value Growth 2019-2024
Table 39 Financial Cards: Number of Cards by Issuer 2019-2023
Table 40 Financial Cards: Number of Cards by Operator 2019-2023
Table 41 Financial Cards: Card Payment Transactions Value by Operator 2019-2023
Table 42 Financial Cards: Card Payment Transactions Value by Issuer 2019-2023
Table 43 Forecast Financial Cards by Category: Number of Cards in Circulation 2024-2029
Table 44 Forecast Financial Cards by Category: Number of Accounts 2024-2029
Table 45 Forecast Financial Cards Transactions by Category: Value 2024-2029
Table 46 Forecast Financial Cards by Category: Number of Transactions 2024-2029
Table 47 Forecast Consumer Payments by Category: Value 2024-2029
Table 48 Forecast Consumer Payments by Category: Number of Transactions 2024-2029
Table 49 Forecast M-Commerce by Category: Value 2024-2029
Table 50 Forecast M-Commerce by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
Summary 1 Research Sources

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