A regression analysis of ATM & POS credit card transactions of Indian banking sector during the period 2014 to 2016

Today's globalized world economy is dependent on customer's demand which fluctuates with technological growth and development. Such demands are fueled by modern payment systems which eases the process of transactions thereby reducing time and cost involved. With the advent of the plastic money, in form debit cards and credit cards, along with electronic form of payments, the numbers of transactions for individual as well as organizational costumers have grown at a faster rate. In current research, the researcher tried to understand the benefits of credit cards, its growth, popularity, availability of such credit money for prospective consumers. It has also tried to build regression models to correctly predict future requirements of such credit requirements of costumers.