India's card payments market set to surge 11.3 pc in 2024, reaching Rs 28.4 tn: GlobalData

New Delhi [India], July 24 (ANI): India's card payments market is poised for substantial growth in 2024, with a forecasted increase of 11.3 per cent to reach Rs 28.4 trillion (USD 344 billion), according to GlobalData, a data and analytics company.

This growth is attributed to a rising consumer preference for non-cash payments and supportive government initiatives aimed at boosting financial inclusion and electronic payme