US EditionIndia card payments market to surpass $350 billion in 2025, forecasts GlobalData
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India card payments market to surpass $350 billion in 2025, forecasts GlobalData
The card payment market in India is poised to register 9.4% growth in 2025e, reaching INR30.1 trillion ($359.7 billion), driven by rising consumer spending and growing consumer preference for electronic payments, reveals GlobalData, a leading data and analytics company. GlobalData’s Payment Card Analytics reveals that card payments in India registered a healthy compound annual growth rate (CAGR) of 19.5% between 2020 and 2024 to reach INR27.5 tr…
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