India Debit Cards Market By System Types, Industry Size, Share, Trends, Opportunity and Forecast 2024 - TechSci Research
India debit cards market is expected to grow at a formidable rate during the forecast period. Improving consumer financial status and lifestyle are the key factors driving the India debit cards market. Additionally, the November 2016 demonetization, increased the use of debit cards in the country, thereby further propelling growth in the market. Furthermore, features such as no debt, theft protection, no fees, no requirement of application or credit score, among others associated with debit cards, are fueling their demand across the country. The India debit cards market is segmented based on system types, type, payment terminals, region and company. Based on system types, the market can be fragmented into online, offline, electronic pulse card systems and prepaid debit cards. The offline system types are expected to dominate the market during forecast period since they are used at the point of sale just like the credit cards. These may be subjected to a daily limit, and/or a maxi...