India Payments

Indias emerging payments market

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A strategic review of Indias emerging payments market
Indias 1.2 billion people represent about(predicate) one-sixth of the worlds population, making even minuscule market developments in this rapidly emerging economy significant. Its payments patience is glide path $14 billion in revenues, with most transactions flowing to and within the business sector. However, like China, India is a spacious market comprising versatile segments that require close study by organizations intent on benefiting from its anticipated rapid maturement.
Raj Kamal Renny Thomas Ranjit Tinaikar

though the current opportunity in India is small and facing the challenges of an economical downturn, limited deferred payment card profitability and high erudition costs, we see several important trends shaping Indias payments industry. Among them ar: growing regulatory oversight, increasing electronification (especially of intercompany flows), the emergence of specialist players, and far-flung innovation. Given the nature of these trends, the unique structure of Indias payments markets and the peoples expanding global presence, we have identified eight strategic plays we expect will be vital to capturing payments revenue.



This immense and diverse market will likely present significant growth opportunities for a variety of bank and non-bank participants, whether as solo players or teams. A rapidly emerging industry With total payments approaching $9 trillion, Indias payments industry has revenues of nearly $14 billion. remuneration flows are 7.8 times GDP, comparable to many Western

countries and emerging economies, such(prenominal) as Brazil (7.3), Italy (7.2) and the U.S. (7.0). Although sources vary widely by bank, payments contributes about 30 percent of bank revenues. Most of this derives from transaction banking, credit cards and cash and paper transactions (transaction banking includes cash perplexity plus trade and supply-chain financing). The majority of payment flows...If you want to take off a full essay, order it on our website: Ordercustompaper.com



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