Believe me, itโs not...ย โขย 12m
India's credit card market is massively dominated by legacy banks. CC space (Jan '25 figures)โคต๏ธ - HDFC processed โน50,664 Cr - ICICI, โน35,682 Cr - SBI, โน28,976 Cr - Axis, โน20,212 Cr RBI reported โน1.84 Lakh Cr in credit card spends in January alone ๐ณ At an avg. Merchant Discount Rate (essentially the transaction fee on every card payment) of 2%, that'sโ โน3,680 Cr/month OR โน44,160 Cr/year in fees๐คฏ Most people I know have 2 credit cards โ no single card ticks all the boxes yet (LMK if there is one)โคต๏ธ - โSmart Expense Tracking (incl. charts or a dashboard) - Offers on electronics, esp. smartphones/laptops and online shopping - Minimal annual charges, useful cashback/rewards - Airport Lounge access, offers on flights/hotels - Movie offers โญ๏ธIf startup's can break in, the upside could be massive (CC space is growing between 8 - 11% p.a., OneCard(largest among startups)โ reported โน1,460 Cr in FY24.
Intern at YourStory ...ย โขย 2y
Top 3 giants of USA credit card market 1) Visa : visa accounts for half of the USA CC market with market share of 50%. 2) MACA : mastercard accounts for about quater of the USA CC market with market share of 24%. 3) Amex : American express accou
See MoreHey I am on Medialย โขย 1y
Business Idea: Enabling Credit Card Discounts and Cashback for Non-Credit Card Users In todayโs digital shopping era, e-commerce platforms like Flipkart, Amazon, and others frequently offer discounts and cashback deals, especially for customers using
See MoreLearning is a key to...ย โขย 2m
CREDIT CARD KINGS โ Indiaโs Top Banks Revealed! ๐ฎ๐ณ๐ณ Did you know which bank really rules Indiaโs credit card market? Here are the top players by outstanding credit card share (RBI Nov 2025) ๐ ๐ฅ HDFC Bank โ 22.3% ๐ฅ SBI โ 18.9% ๐ฅ ICICI โ 16.2%
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Software Engineerย โขย 1y
Many people want to make big purchases online but don't have a credit card. At the same time, some credit card holders have unused credit limits. ConnectCred solves this problem by allowing shoppers to make purchases through a service that connects t
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