India Credit Cards Usage Analytics

13thJuly 2016 – Navi Mumbai, India: Market reports on India presents the latest report on “India Credit Cards Usage Analytics”. This report acts as an essential tool for companies active across the Indian cards and payments value chain and for new players considering entering the market.

Summary
India Credit Cards Usage Analytics: 2009 to 2019; is an exhaustive research report outlaying Credit Cards usage in India. The report provides year on year statistics on Number of Cards issued, Average Balance, Average Transaction value, Outstanding Balance, Frequency of use, Turnover, Value and Number of Transactions for the period 2009 to 2019.

Key Findings
Credit Card as a revolving payment card providing consumers with access to a line of credit. Consumers make payments using their card and receive a bill at the end of the billing cycle. The card issuer usually demands a minimum payment against the outstanding balance, but beyond this the customer can choose how much of the bill he wishes to repay, up to and including 100% of the balance outstanding. Any balances that are not repaid within the interest-free period offered by the card incur interest at the rate advertised by the card issuer. A revolving credit card may or may not be linked to a customer bank account.

The report "India Credit Cards Usage Analytics: 2009 to 2019" is the result of Market Reports on India extensive market research covering the cards and payments industry in India. It provides detailed historic and forecast statistics on credit cards usage along with all related parameters like Outstanding, Average Transactions value and Number of Transactions, Turnover per card and many more.

"India Credit Cards Usage Analytics: 2009 to 2019" report acts as an essential tool for companies active across the Indian cards and payments value chain and for new players considering entering the market. The comprehensive statistics within the report provides insight into the operating environment of...