November 30, 2015
We have been tracking the evolving Indian money/payments ecosystem for many years and especially since 2013 at LTP. We have summarized our findings and observations in a new three-page sector snapshot on the Indian payments market. According to the analysis done by the LTP research team, the Indian payments market is expected to exceed $1.4 billion by 2015.
The sector snapshot categorizes the Indian payments market into four parts:
1. The Indian Debit Card Market:
Debit cards are used to withdraw cash from an automated teller machine (ATM) a ...