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Indian Payment Card Market Forecast to 2012

With continuous rise in middle class households and shift in consumer spending pattern, the Indian payment card market, which includes both credit cards and debit cards, has been growing rapidly for the past few years. This huge demand for payment cards is providing tremendous growth opportunities for card issuers, suppliers, and manufacturers, according to our new research report "Indian Payment Card Market Forecast to 2012'.We have found that, the number of debit cards issued by banks grew around 34% from FY 2008 levels in FY 2009, and is estimated to touch around 182 Million cards by the end of FY 2010. It is also anticipated that, the future prospects of the industry will remain buoyant, owing to low payment card penetration coupled with surge in card spending due to rising income levels of the Indian population. Moreover, consumer's preference to use cards over cash will boost due to its safety and easy access.Besides, there are many other benefits, like reward points and discounts, offered by merchants as well as bankers, which will lure customers to shop using payment cards. Moreover, increasing trend of online shopping has also provided the much required impetus to the growth of the industry. We have also studied the Indian payment card industry in terms of technology adoption and scope of different technologies in future.Our research also indicates that the future growth trend, to some extent, will be affected by the financial turmoil and credit squeeze. Nevertheless, the overall trend will remain positive during the forecast period. The baseline for the optimistic future outlook of our report is the guidelines crafted by RBI. It has been actively supporting card usage in current years to cut the operating cost and avoid tax delinquencies. In fact, RBI has proposed to launch a domestic payment card (India Card) and a POS switch network for issuance and acceptance of payment cards.'Indian Payment Card Market Forecast to 2012' provides an extensive research and rational analysis along with reliable statistics of the Indian payment card market. The report has thoroughly examined current market trends, industrial developments, and competitive landscape to enable clients understand the market structure and its progress in coming years. Besides, the report also provides brief overview of the key market players including ICICI Bank Ltd, HDFC Bank Ltd, Citibank NA, State Bank of India, and Punjab National Bank.Forecast presented in the report has been done considering the possible post-recession impact on the industry. It will help clients to have proper insight into the current and future outlook of credit card market in India.

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Indian Payment Card Market Forecast to 2012

  1. 1. Find Industry reports, Company profilesReportLinker and Market Statistics >> Get this Report Now by email!Indian Payment Card Market Forecast to 2012Published on December 2010 Report SummaryWith continuous rise in middle class households and shift in consumer spending pattern, the Indian payment card market, whichincludes both credit cards and debit cards, has been growing rapidly for the past few years. This huge demand for payment cards isproviding tremendous growth opportunities for card issuers, suppliers, and manufacturers, according to our new research report"Indian Payment Card Market Forecast to 2012.We have found that, the number of debit cards issued by banks grew around 34% from FY 2008 levels in FY 2009, and is estimatedto touch around 182 Million cards by the end of FY 2010. It is also anticipated that, the future prospects of the industry will remainbuoyant, owing to low payment card penetration coupled with surge in card spending due to rising income levels of the Indianpopulation. Moreover, consumers preference to use cards over cash will boost due to its safety and easy access.Besides, there are many other benefits, like reward points and discounts, offered by merchants as well as bankers, which will lurecustomers to shop using payment cards. Moreover, increasing trend of online shopping has also provided the much required impetusto the growth of the industry. We have also studied the Indian payment card industry in terms of technology adoption and scope ofdifferent technologies in future.Our research also indicates that the future growth trend, to some extent, will be affected by the financial turmoil and credit squeeze.Nevertheless, the overall trend will remain positive during the forecast period. The baseline for the optimistic future outlook of ourreport is the guidelines crafted by RBI. It has been actively supporting card usage in current years to cut the operating cost and avoidtax delinquencies. In fact, RBI has proposed to launch a domestic payment card (India Card) and a POS switch network for issuanceand acceptance of payment cards.Indian Payment Card Market Forecast to 2012 provides an extensive research and rational analysis along with reliable statistics ofthe Indian payment card market. The report has thoroughly examined current market trends, industrial developments, and competitivelandscape to enable clients understand the market structure and its progress in coming years. Besides, the report also provides briefoverview of the key market players including ICICI Bank Ltd, HDFC Bank Ltd, Citibank NA, State Bank of India, and Punjab NationalBank.Forecast presented in the report has been done considering the possible post-recession impact on the industry. It will help clients tohave proper insight into the current and future outlook of credit card market in India. Table of Content1. Analyst View2. Economic Overview3. Market Attractions 3.1 Changing Consumer Spending Patterns 3.2 Improving Payment Infrastructure 3.3 Growing Trends of E-shoppingIndian Payment Card Market Forecast to 2012 Page 1/5
  2. 2. Find Industry reports, Company profilesReportLinker and Market Statistics 3.4 Favorable Regulatory Environment 3.5 Holistic Competition4. Indian Financial Card Market: Current and Future Outlook 4.1 Debit Cards 4.2 Credit Cards 4.2.1 Premium Credit Cards 4.2.2 EMV Credit Cards 4.3 Prepaid Cards 4.4 ATM Networks 4.5 POS Terminals 4.6 Leading Card Issuers5. Future Growth Avenues 5.1 Smart Cards 5.2 Co-brand Cards 5.3 Domestic Service Providers 5.4 Mobile ATMs 5.5 Biometric & Solar ATMs 5.6 Micro ATMs6. Industry Restraints 6.1 Awareness 6.2 Delinquency Ratio and Frauds7. Competitive Landscape 7.1 ICICI Bank Ltd 7.2 HDFC Bank Ltd 7.3 Citibank NA 7.4 State Bank of India 7.5 Punjab National BankList of Figures:Figure 3-1: Online Shopping Transaction by Region (%)Figure 3-2: Forecast for Number of Internet Subscribers (Million), FY 2011 to FY 2014Figure 3-3: Forecast for Number of Personal Computers (Million), 2011-2013Figure 4-1: Number of Debit Cards Issued by Banks (Million), FY 2008 to FY 2010Figure 4-2: Forecast for Number of Debit Cards Issued by Banks (Million), FY 2011 to FY 2013Figure 4-3: Number of Debit Card Payment Transactions (Million), FY 2008 to FY 2010Figure 4-4: Debit Card Payment Transactions (Billion INR), FY 2008 to FY 2010Figure 4-5: Forecast for Debit Card Payment Transactions (Billion INR), FY 2011 to FY 2013Figure 4-6: Number of Credit Cards Issued by Banks (Million), FY 2008 to FY 2010Figure 4-7: Forecast for Number of Credit Cards Issued by Banks (Million), FY 2011 to FY 2013Figure 4-8: Credit Cards Issuance by Type of Bank (%), FY 2009Figure 4-9: Number of Credit Card Payment Transactions (Million), FY 2008 to FY 2010Figure 4-10: Credit Card Payment Transactions (Billion INR), FY 2008 to FY 2010Figure 4-11: Forecast for Credit Card Payment Transactions (Billion INR), FY 2011 to FY 2013Figure 4-12: Premium Credit Card Market Potential (Million), FY 2010 to FY 2013Figure 4-13: Premium Credit Card Market Potential (Billion INR), FY 2010 to FY 2013Figure 4-14: Prepaid Card Market (Billion US$), 2009 & 2017Figure 4-15: Number of ATMs (000), FY 2008 to FY 2010Figure 4-16: Number of ATMs by Type of Bank (%), FY 2009Figure 4-17: ATM Sales Revenue by Vendor (%), FY 2010Indian Payment Card Market Forecast to 2012 Page 2/5
  3. 3. Find Industry reports, Company profilesReportLinker and Market StatisticsFigure 4-18: Number of POS Terminals (Million), FY 2008 to FY 2010Figure 4-19: Number of POS Terminals by Bank (%), FY 2010Figure 4-20: Leading Credit Cards Issuers (%), FY 2009Figure 4-21: Leading Debit Cards Issuers (%), FY 2009List of Table:Table 2-1: Economic Overview (2009-2013)Indian Payment Card Market Forecast to 2012 Page 3/5
  4. 4. Find Industry reports, Company profilesReportLinker and Market Statistics Fax Order Form To place an order via fax simply print this form, fill in the information below and fax the completed form to: Europe, Middle East and Africa : + 33 4 37 37 15 56 Asia, Oceania and America : + 1 (805) 617 17 93 If you have any questions please visit http://www.reportlinker.com/notify/contact Order Information Please verify that the product information is correct and select the format(s) you require. Indian Payment Card Market Forecast to 2012 Product Formats Please select the product formats and the quantity you require. 1 User License--USD 800.00 Quantity: _____ Hard Copy--USD 1 000.00 Quantity: _____ CD-ROM--USD 1 000.00 Quantity: _____ Corporate License--USD 1 500.00 Quantity: _____ Contact Information Please enter all the information below in BLOCK CAPITALS Title: Mr Mrs Dr Miss Ms Prof First Name: _____________________________ Last Name: __________________________________ Email Address: __________________________________________________________________________ Job Title: __________________________________________________________________________ Organization: __________________________________________________________________________ Address: __________________________________________________________________________ City: __________________________________________________________________________ Postal / Zip Code: __________________________________________________________________________ Country: __________________________________________________________________________ Phone Number: __________________________________________________________________________ Fax Number: __________________________________________________________________________Indian Payment Card Market Forecast to 2012 Page 4/5
  5. 5. Find Industry reports, Company profilesReportLinker and Market Statistics Payment Information Please indicate the payment method, you would like to use by selecting the appropriate box. Payment by credit card Card Number: ______________________________________________ Expiry Date __________ / _________ CVV Number _____________________ Card Type (ex: Visa, Amex…) _________________________________ Payment by wire transfer Crédit Mutuel RIB : 10278 07314 00020257701 89 BIC : CMCIFR2A IBAN : FR76 1027 8073 1400 0202 5770 189 Payment by check UBIQUICK SAS 16 rue Grenette – 69002 LYON, FRANCE Customer signature:   Please note that by ordering from Reportlinker you are agreeing to our Terms and Conditions at http://www.reportlinker.com/index/terms Please fax this form to: Europe, Middle East and Africa : + 33 4 37 37 15 56 Asia, Oceania and America : + 1 (805) 617 17 93Indian Payment Card Market Forecast to 2012 Page 5/5

With continuous rise in middle class households and shift in consumer spending pattern, the Indian payment card market, which includes both credit cards and debit cards, has been growing rapidly for the past few years. This huge demand for payment cards is providing tremendous growth opportunities for card issuers, suppliers, and manufacturers, according to our new research report "Indian Payment Card Market Forecast to 2012'.We have found that, the number of debit cards issued by banks grew around 34% from FY 2008 levels in FY 2009, and is estimated to touch around 182 Million cards by the end of FY 2010. It is also anticipated that, the future prospects of the industry will remain buoyant, owing to low payment card penetration coupled with surge in card spending due to rising income levels of the Indian population. Moreover, consumer's preference to use cards over cash will boost due to its safety and easy access.Besides, there are many other benefits, like reward points and discounts, offered by merchants as well as bankers, which will lure customers to shop using payment cards. Moreover, increasing trend of online shopping has also provided the much required impetus to the growth of the industry. We have also studied the Indian payment card industry in terms of technology adoption and scope of different technologies in future.Our research also indicates that the future growth trend, to some extent, will be affected by the financial turmoil and credit squeeze. Nevertheless, the overall trend will remain positive during the forecast period. The baseline for the optimistic future outlook of our report is the guidelines crafted by RBI. It has been actively supporting card usage in current years to cut the operating cost and avoid tax delinquencies. In fact, RBI has proposed to launch a domestic payment card (India Card) and a POS switch network for issuance and acceptance of payment cards.'Indian Payment Card Market Forecast to 2012' provides an extensive research and rational analysis along with reliable statistics of the Indian payment card market. The report has thoroughly examined current market trends, industrial developments, and competitive landscape to enable clients understand the market structure and its progress in coming years. Besides, the report also provides brief overview of the key market players including ICICI Bank Ltd, HDFC Bank Ltd, Citibank NA, State Bank of India, and Punjab National Bank.Forecast presented in the report has been done considering the possible post-recession impact on the industry. It will help clients to have proper insight into the current and future outlook of credit card market in India.

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