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Cards and Payments Industry in India: Emerging Trends and Opportunities to 2019

Cards and Payments Industry in India: Emerging Trends and Opportunities to 2019

Synopsis

Timetric’s “Cards and Payments Industry in India: Emerging Trends and Opportunities to 2019” report provides detailed analysis of market trends in India’s cards and payments industry. It provides values and volumes of a number of key performance indicators (KPIs) operating in the industry, including credit transfers, check payments, cash transactions, payment cards and direct debits during the review period (2010-2014).

The report also analyses various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and transaction volume, during the review period and over the forecast period (2015-2019). Additionally, it offers information pertaining to the competitive landscape in the country, including market shares of issuers and schemes.

This brings together Timetric’s research, modeling, and analysis expertise, to develop an insightful report. This allows banks and card issuers to identify segment dynamics, competitive advantage and profiles of card issuers operating in the country. The report also covers a detailed regulatory policies and recent changes in regulatory structure and information, on card fraud statistics.

Summary

Timetric's Cards and Payments Industry in India: Emerging Trends and Opportunities to 2019 report provides top-level market analysis, information and insights on India's cards and payments industry, including:

  • Current and forecast values for each market of India's cards and payments industry, including debit cards, credit cards and charge cards. Also includes detailed analysis of the prepaid cards market.
  • Detailed insights on payment instruments including credit transfers, check payments, cash transactions, payment cards and direct debits. Also, includes overview of country's key alternative payment instruments.
  • Analysis of various market drivers and regulations governing India's cards and payments industry.
  • Detailed analysis of marketing strategies adopted for selling debit, credit and charge cards used by banks and other institutions in the market.
  • Comprehensive analysis of consumer attitudes and buying preferences for cards.
  • The competitive landscape of India's cards and payments industry.
Scope
  • This report provides a comprehensive analysis of India's cards and payments industry.
  • It provides current values for India's cards and payments industry for 2014, and forecast figures for 2019.
  • It details the different economic, infrastructural and business drivers affecting India's cards and payments industry.
  • It outlines the current regulatory framework in the industry.
  • It details the marketing strategies used by various banks and other institutions.
  • It profiles major banks in India's cards and payments industry.
Reasons To Buy
  • Make strategic business decisions, using top-level historic and forecast market data, related to India's cards and payments industry and each market within it.
  • Understand the key market trends and growth opportunities within India's cards and payments industry.
  • Assess the competitive dynamics in India's cards and payments industry.
  • Gain insights into marketing strategies used for selling various card types in India.
  • Gain insights into key regulations governing of India's cards and payments industry.
Key Highlights
  • In terms of the number of cards in circulation, Indian payment cards – comprising debit, credit and charge cards – registered significant growth during the review period, at a compound annual growth rate (CAGR) of XX.XX%, increasing from XXX.X million cards in 2010 to XXX.X million in 2014.
  • In terms of transaction value and volume, payment cards registered respective review-period CAGRs of XX.XX% and XX.XX%, with a similar trend expected over the forecast period.
  • The National Payment Corporation of India (NPCI) launched the RuPay domestic card scheme in March 2012, to increase payment card penetration and competition among card scheme providers. Public sector banks such as SBI, Bank of Baroda, Bank of India and Union Bank of India launched RuPay debit cards in the same year.


  • Definitions and Methodology
    • Definitions
      • Table Key Definitions
    • Methodology
      • Table Annual Average Exchange Rate
  • Key Facts and Events
    • Table India - Key Facts, 2014
    • Table Regional Benchmarking of Indian Payment Cards, 2014
  • Executive Summary
  • Payment Instruments
    • Current Payments Environment
    • Alternative Payment Instruments
      • Mobile payments
      • ItzCash
      • Oxigen Wallet
      • Boku
      • PayPal
      • airtel money
      • PayU
  • Regulations in the Cards and Payments Industry
    • Regulatory Framework
      • Regulations regarding prepaid cards
      • Revised rules for credit and debit cards by RBI, 2013
      • Regulation for merchant service charges, 2012
      • Security regulations and guidelines
      • RBI rules governing debit and ATM card use
      • Regulations and guidelines for mobile payments
    • Anti-Money Laundering (AML)
      • Table India - KYC Process Documentation
    • Foreign Direct Investment (FDI) Regulations
      • Table India - Mode of Entry of Foreign Banks
  • Analysis of Cards and Payments Industry Drivers
    • Demographic Drivers
    • Economic Drivers
    • Infrastructure Drivers
    • Business Drivers
  • Market Segmentation and New Product Launches
    • Market Segmentation and Targeting
      • Consumer cards
        • Table Cards for High-Income Consumers, 2015
        • Table Cards for Frequent Travelers, 2015
        • Table Cards for the Female Population, 2015
        • Table Cards for Shoppers, 2015
        • Table Cards for Students and Young Population, 2015
      • Commercial cards
        • Table Commercial Cards Comparison and Key Features, 2015
    • New Product Launches
      • Table India - New Product Launches
  • Payment Cards
    • Payment Cards Analysis
      • Volume and value of payment card transactions by type
      • Personal vs commercial cards
  • Debit Cards
    • Debit Cards Market Analysis
      • Debit cards transaction volume and value by channel
      • Debit card scheme shares in terms of number of cards in circulation and transaction value
      • Debit card issuers' market shares
      • Debit cards comparison
        • Table India - Debit Cards Comparison and Key Features, 2014
  • Credit Cards
    • Credit Cards Market Analysis
      • Credit cards transaction volume and value by channel
      • Credit card scheme shares in terms of number of cards in circulation and transaction value
      • Credit card issuers' market shares
      • Credit cards comparison
        • Table India - Gold Credit Cards Comparison and Key Features, 2015
        • Table India - Premium Credit Cards Comparison and Key Features, 2015
  • Charge Cards
    • Charge Cards Market Analysis
      • Charge cards transaction volume and value by channel
      • Charge card scheme shares in terms of number of cards in circulation and transaction value
      • Charge cards comparison
        • Table India - Charge Cards Comparison and Key Features, 2015
  • Commercial Cards
    • Commercial Cards Market Analysis
      • Commercial cards comparison
        • Table India - Commercial Cards Comparison and Key Features, 2015
  • Card Fraud Statistics
    • Card Fraud Analysis
  • Card Issuers
    • State Bank of India
    • HDFC Bank
    • ICICI Bank
    • Axis Bank
    • Punjab National Bank
  • Prepaid Cards
    • Prepaid Cards Market Analysis
      • Prepaid cards comparison
        • Table India - Prepaid Cards Comparison and Key Features, 2015
  • Appendix
    • Tables
      • Table India - Payment Instrument Transaction Values (INR Trillion), 2010-2014
      • Table India - Payment Instrument Transaction Values (US$ Billion), 2010-2014
      • Table India - Payment Instrument Transaction Volumes (Million), 2010-2014
      • Table India - Number of Payment Cards in Circulation by Type (Million), 2010-2019
      • Table India - Volume of Payment Card Transactions by Type (Million), 2010-2019
      • Table India - Value of Payment Card Transactions by Type (INR Billion), 2010-2019
      • Table India - Value of Payment Card Transactions by Type (US$ Billion), 2010-2019
      • Table India - Personal and Commercial Cards Transaction Volume (Million), 2010-2019
      • Table India - Personal and Commercial Cards Transaction Value (INR Billion), 2010-2019
      • Table India - Personal and Commercial Cards Transaction Value (US$ Billion), 2010-2019
      • Table India - Number of Debit Cards in Circulation (Million), 2010-2019
      • Table India - Debit Card Transaction Volumes and Frequency by Channel, 2010-2019
      • Table India - Debit Card Total and Average Transaction Values by Channel, 2010-2019
      • Table India - Number of Debit Cards in Circulation by Scheme (Million), 2010-2014
      • Table India - Debit Card Transaction Values by Scheme (INR Billion), 2010-2014
      • Table India - Debit Card Transaction Values by Scheme (US$ Billion), 2010-2014
      • Table India - Debit Card Transaction Values by Issuer (INR Billion), 2010-2014
      • Table India - Debit Card Transaction Values by Issuer (US$ Billion), 2010-2014
      • Table India - Number of Credit Cards in Circulation (Million), 2010-2019
      • Table India - Credit Card Transaction Volumes and Frequency by Channel, 2010-2019
      • Table India - Credit Card Total and Average Transaction Values by Channel, 2010-2019
      • Table India - Number of Credit Cards in Circulation by Scheme (Thousand), 2010-2014
      • Table India - Credit Cards Transaction Value by Scheme (INR Billion), 2010-2014
      • Table India - Credit Cards Transaction Value by Scheme (US$ Billion), 2010-2014
      • Table India - Credit Card Transaction Values by Issuer (INR Billion), 2010-2014
      • Table India - Credit Card Transaction Values by Issuer (US$ Million), 2010-2014
      • Table India - Number of Charge Cards in Circulation (Thousand), 2010-2019
      • Table India - Charge Card Transaction Volumes and Frequency by Channel, 2010-2019
      • Table India - Charge Card Total and Average Transaction Values by Channel, 2010-2019
      • Table India - Number of Charge Cards in Circulation By Scheme (Thousand), 2010-2014
      • Table India - Charge Cards Transaction Value By Scheme (INR Billion), 2010-2014
      • Table India - Charge Card Transaction Values By Scheme (US$ Million), 2010-2014
      • Table India - Number of Commercial Cards in Circulation (Thousand), 2010-2019
      • Table India - Commercial Card Transaction Values (INR Billion), 2010-2019
      • Table India - Commercial Card Transaction Values (US$ Million), 2010-2019
      • Table India - Card Fraud (INR Million), 2010-2014
      • Table India - Card Fraud (US$ Thousand), 2010-2014
      • Table India - Number of Prepaid Cards in Circulation (Million), 2010-2019
      • Table India - Prepaid Card Transaction Values (INR Billion), 2010-2019
      • Table India - Prepaid Card Transaction Values (US$ Billion), 2010-2019
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