Now Available: Financial Cards and Payments in India
India remained a primarily cash-using market. It continued to cater to its ongoing "no debt" mentality and the concern to avoid plastic money frauds. However, a slow change took place during the review period. Use of cards increased substantially in 2012 as consumers became more confident about financial cards and payment structure, their security and convenience. Since 2010 the improving GDP of the country has resulted in an increase in both per capita income and expenditure of the youth. This...
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