Market research & Consulting- NewAge

  Rising use of credit card for large purchases along with the growing trend of e-commerce shopping to drive India credit card market through 2025.  According to TechSci Research report,  “ India Credit Card Market By Type, By Service Providing Company, By Credit Score, By Credit Limit, By Card Type, By Benefits, By Region, Competition, Forecast & Opportunities, 2025 ”,  credit card user base in India reached 47 million in 2019 and is poised to grow at a brisk rate during the forecast period as well. Important Factors of India Credit Card Market The increasing availability of POS devices at stores and digital push by the government in the form of campaigns such as digital India is further positively influencing the market. Additionally, owing to the increasing usage of credit cards in the country, financial institutions are introducing new options and expanding their credit card portfolio. Moreover, growth in the market can also be attributed to the fact tha...

  Rising use of credit cards for large purchases along with the growing trend of e-commerce shopping to drive India credit card market through 2025 According to TechSci Research report,  “ India Credit Card Market By Type, By Service Providing Company, By Credit Score, By Credit Limit, By Card Type, By Benefits, By Region, Competition, Forecast & Opportunities, 2025 ”,  credit card user base in India reached 47 million in 2019 and is poised to grow at a brisk rate during the forecast period as well. The increasing availability of POS devices at stores and digital push by the government in the form of campaigns such as digital India is further positively influencing the market. Additionally, owing to the increasing usage of credit cards in the country, financial institutions are introducing new options and expanding their credit card portfolio. Moreover, growth in the market can also be attributed to the fact that credit card helps to build a good credit hist...