According to TechSci Research, the cumulative credit card volume across India amounted to 47 million in 2019. This was estimated to reach over 57 million the following year. Despite being smaller than the debit card market, credit card usage was expected to grow significantly with banks focusing on urban and semi-urban consumers.
Cumulative credit card market volume across India in 2018 and 2019, with an estimate for 2020
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Market volume in millions
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TechSci Research. (January 31, 2020). Cumulative credit card market volume across India in 2018 and 2019, with an estimate for 2020 (in millions) [Graph]. In Statista. Retrieved July 18, 2024, from https://www.statista.com/statistics/1148162/india-cumulative-credit-card-market-volume/
TechSci Research. "Cumulative credit card market volume across India in 2018 and 2019, with an estimate for 2020 (in millions)." Chart. January 31, 2020. Statista. Accessed July 18, 2024. https://www.statista.com/statistics/1148162/india-cumulative-credit-card-market-volume/
TechSci Research. (2020). Cumulative credit card market volume across India in 2018 and 2019, with an estimate for 2020 (in millions). Statista. Statista Inc.. Accessed: July 18, 2024. https://www.statista.com/statistics/1148162/india-cumulative-credit-card-market-volume/
TechSci Research. "Cumulative Credit Card Market Volume across India in 2018 and 2019, with An Estimate for 2020 (in Millions)." Statista, Statista Inc., 31 Jan 2020, https://www.statista.com/statistics/1148162/india-cumulative-credit-card-market-volume/
TechSci Research, Cumulative credit card market volume across India in 2018 and 2019, with an estimate for 2020 (in millions) Statista, https://www.statista.com/statistics/1148162/india-cumulative-credit-card-market-volume/ (last visited July 18, 2024)
Cumulative credit card market volume across India in 2018 and 2019, with an estimate for 2020 (in millions) [Graph], TechSci Research, January 31, 2020. [Online]. Available: https://www.statista.com/statistics/1148162/india-cumulative-credit-card-market-volume/