Market research & Consulting- NewAge

  Increasing disposable income coupled with improved standards of living to drive the growth of India debit cards market through 2024 According to TechSci Research report,  “ India  Debit Cards Market  By System Types, By Type, By Payment Terminals, Competition, Forecast & Opportunities, 2024 ”,  India debit cards market is expected to grow at a formidable rate during the forecast period account their convenience and standardized payment experience. Additionally, debit cards are internationally accepted since infrastructures like Mastercard and VISA are available globally. However, there has been a significant decline in the number of debit cards owing to the increasing popularity of other payment options such as Paytm, Google Pay, and UPI, among others. Moreover, the reluctance of merchants in accepting card payments due to the high charges is further restricting the growth of the market. The problem is more acute for small merchants, which prompted th...

  Increasing disposable income coupled with improved standards of living to drive the growth of India debit cards market through 2024 According to TechSci Research report,  “ India  Debit Cards Market  By System Types, By Type, By Payment Terminals, Competition, Forecast & Opportunities, 2024 ”,  India debit cards market is expected to grow at a formidable rate during the forecast period account their convenience and standardized payment experience. Additionally, debit cards are internationally accepted since infrastructures like Mastercard and VISA are available globally. However, there has been a significant decline in the number of debit cards owing to the increasing popularity of other payment options such as Paytm, Google Pay, and UPI, among others. Moreover, the reluctance of merchants in accepting card payments due to the high charges is further restricting the growth of the market. The problem is more acute for small merchants, which prompted th...