The top five main card issuers in India together were responsible for almost two-thirds of the market, with two issuers taking up nearly 35 percent of it. This is according to a publication from September 2024, that quoted data for India in 2022. Note that the figures display card payments as a whole, and do not distinguish between credit cards or debit cards. India's biggest cards scheme is Visa, which had a market share that twice that of in-market local scheme RuPay.
Top five payment card issuers - combining both credit cards and debit cards - in India in 2022, based on market share in total card transaction value
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CMSPI. (September 8, 2024). Top five payment card issuers - combining both credit cards and debit cards - in India in 2022, based on market share in total card transaction value [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1499259/top-card-issuers-in-india/
CMSPI. "Top five payment card issuers - combining both credit cards and debit cards - in India in 2022, based on market share in total card transaction value." Chart. September 8, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1499259/top-card-issuers-in-india/
CMSPI. (2024). Top five payment card issuers - combining both credit cards and debit cards - in India in 2022, based on market share in total card transaction value. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1499259/top-card-issuers-in-india/
CMSPI. "Top Five Payment Card Issuers - Combining Both Credit Cards and Debit Cards - in India in 2022, Based on Market Share in Total Card Transaction Value." Statista, Statista Inc., 8 Sep 2024, https://www.statista.com/statistics/1499259/top-card-issuers-in-india/
CMSPI, Top five payment card issuers - combining both credit cards and debit cards - in India in 2022, based on market share in total card transaction value Statista, https://www.statista.com/statistics/1499259/top-card-issuers-in-india/ (last visited November 21, 2024)
Top five payment card issuers - combining both credit cards and debit cards - in India in 2022, based on market share in total card transaction value [Graph], CMSPI, September 8, 2024. [Online]. Available: https://www.statista.com/statistics/1499259/top-card-issuers-in-india/
