Some interesting data on Credit Cards market in India
1. Top 6 banks command 80% market share of cards in force
2. HDFC Bank has 1.37 Cr cards in force followed by SBI at 98 lac credit cards
3. HDFC Bank commands a market share of 25% of total cards issued
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1. Top 6 banks command 80% market share of cards in force
2. HDFC Bank has 1.37 Cr cards in force followed by SBI at 98 lac credit cards
3. HDFC Bank commands a market share of 25% of total cards issued
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4. Citibank customers do an avg of 6 transactions a month
5. American Express has highest Card Spend per Customer per month at Rs 24,284
6. Avg transaction value per card swipe is highest for Indusind at Rs 6994
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5. American Express has highest Card Spend per Customer per month at Rs 24,284
6. Avg transaction value per card swipe is highest for Indusind at Rs 6994
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7. by count - 29% of all POS transactions go through HDFC cards followed by 18% for SBI, 14.7% for ICICI, 9.3% for Citi & Axis 8.4%
8. By value - 30% of all POS transactions go through HDFC cards followed by 18% for SBI, 11.6% for ICICI, 6.7% for Citi & Axis 10.5%
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8. By value - 30% of all POS transactions go through HDFC cards followed by 18% for SBI, 11.6% for ICICI, 6.7% for Citi & Axis 10.5%
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