Indian consumers want to own and use prepaid payment cards, with eight out of 10 (84 percent) planning to own one in the near future, said a survey carried out by Visa for the VRL Prepaid Summit South Asia 2010.
The survey found that while current prepaid payment card ownership in India was low at only 2 percent, four out of ten respondents were aware of the product (40 percent).
The survey asked 910 respondents from six major cities in India – Delhi, Mumbai, Chennai, Kolkata, Bangalore and Hyderabad – about their attitudes towards prepaid cards and the factors influencing their usage of the product.
(Source: Business Standard)