Pre-paid cards grew strongly in 2017. Closed loop and open loop pre-paid cards grew at a similar rate in terms of the number of cards in circulation; however, in terms of value performance, open loop pre-paid cards recorded stronger growth. This was observed due to the rising number of corporate gift cards chosen by companies in 2017. Furthermore, due to demonetisation, pre-paid cards were chosen by a considerable proportion of the population as well.
Euromonitor International's Pre-Paid 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.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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