Debit Cards Usage Analytics in India

25thJuly 2016 – Navi Mumbai, India: Market reports on India presents the latest report on “Debit Cards Usage Analytics by Merchant Category in India” This report is the Market Reports on India extensive market research covering the cards and payments industry in India.

Summary

Debit Cards Usage Analytics by Merchant Category: India; is an exhaustive research report outlaying Debit Cards usage in India. The report provides year on year statistics on Average Transaction Value, Frequency of Use and Number of Transactions, Turnover per card and more on market segments including Airline and Hotels, Books and Games including CD's/DVD's, Clothing and Footwear, Food and Beverages, Electrical Goods, Gardening Homewares, Health and Beauty, Motor Fuel, Mobile Top-ups, Downloads and others.

Key Findings

The term “pay -now” is used to refer to any immediate debit card product. Pay-now cards allow customers to pay for purchases using a plastic card, with the funds for the transaction then drawn directly from their current/transaction/checking account. Customers verify payments either by signing a receipt, by entering a personal identification number (PIN), or for lower-value transactions, some debit cards allow contactless transactions without requiring a signature or PIN. A debit card does not offer access to a line of revolving credit and is always linked to a customer's personal banking account.

The report "Debit Cards Usage Analytics by Merchant Category: India" report is the Market Reports on India extensive market research covering the cards and payments industry in India. It provides detailed debit cards usage statistics by merchant type on parameters like Average Transactions value and Number of Transactions, Frequency of Use, Turnover per card and Value of Transactions.

"Debit Cards Usage Analytics by Merchant Category: India" report acts as an essential tool for companies active across the Indian cards and payments value chain and for new players...