Boston, MA -- (SBWIRE) -- 07/02/2013 -- Credit cards in circulation increased by 1% to 18 million cards. However, the number of transactions increased 19% in 2012 to Rs342 million. The number of credit cards in circulation suffered a decline after the 2008 recession as most of the banks started moving away from the credit card portfolios in order to avoid the credit risk. Also, banks cleared out the accounts which were not paying back the credit loans along with the inactive card accounts. However, the usage witnessed a growth in...

Euromonitor International's Credit Card Transactions in India report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage: Commercial Credit Card Transactions, Personal Credit Card Transactions.

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Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Reasons to Get This Report

- Get a detailed picture of the Credit Card Transactions market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market's major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.

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