Category: Banking & Financial Services
Banking & Financial Services market research reports by Euromonitor International
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Charge Cards in Norway
Charge Cards in Norway Charge cards is a niche category in the Norwegian financial cards and payments landscape where debit cards and credit cards dominate. Charge cards are considered less flexible than credit cards and issuers/operators, with less well-known brands compared to the leading banks, w ... Read More
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Consumer Lending in Egypt
Consumer Lending in Egypt Consumer lending in Egypt had a successful year in 2024, both for banks and consumers. The World Bank classifies Egypt as a lower middle-income country which has significant potential to leverage its existing manufacturing and services sectors and strategic geographical loc ... Read More
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Consumer Credit in Egypt
Consumer Credit in Egypt Consumer credit was supported by ongoing efforts towards financial inclusion in Egypt in 2024. The Central Bank of Egypt announced notable growth in the financial inclusion rate in Egypt, stating that it is among the best out of peer countries. This allows for further growth ... Read More
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Credit Cards in Canada
Credit Cards in Canada Credit cards in Canada benefitted from 2024’s difficult economic environment, with persistent high inflation and interest rates, as purchasing power continued to deteriorate and Canadians increasingly relied on credit and credit cards to cover daily expenses. As a result, outs ... Read More
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Credit Cards in Norway
Credit Cards in Norway While credit cards benefit from similar strengths to debit cards, such as wide merchant acceptance, high level of digitalisation and strong brands, credit card usage is much lower. The number of credit cards in circulation is high, but there has been a downward trend for years ... Read More
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Debit Cards in Poland
Debit Cards in Poland Debit cards in Poland in 2024 benefitted from waning interest in cash payments, with both consumers and companies shifting more towards modern methods. Since 2022, businesses in Poland have been obliged to ensure that customers can pay onsite – mandatory regarding business prem ... Read More
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Financial Cards and Payments in the Netherlands
Financial Cards and Payments in the Netherlands Financial cards and payments were being affected by a shift towards digital and contactless payment methods in the Netherlands in 2024. In offline terms, this means a strong take-up of contactless card payments and digital wallets. Indeed, contactless ... Read More
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Charge Cards in Egypt
Charge Cards in Egypt Charge cards remained unpopular in Egypt in 2024. Indeed, prospects for charge cards remain unpromising in the country, with cards in circulation decreasing in both commercial and personal terms – although the decline is steeper in personal charge cards than seen in commercial ... Read More
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Debit Cards in the Netherlands
Debit Cards in the Netherlands There was a continued increase in the use of debit cards in the Netherlands in 2024, although cash also remains popular as a payment method in the country. However, we are also seeing a slowdown in the average transaction amount in debit card spending, in line with the ... Read More
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Pre-Paid Cards in the Netherlands
Pre-Paid Cards in the Netherlands A major factor impacting pre-paid cards in the Netherlands in 2024 came from the new OV Pay system in public transport. Euromonitor International's Pre-Paid Card Transactions in Netherlands report establishes the size and structure of the market for ATMs cards, smar ... Read More
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Pre-Paid Cards in Norway
Pre-Paid Cards in Norway Pre-paid cards continue to fill a niche in the Norwegian payment landscape in 2024. Pre-paid cards can act as a more contemporary or digitalized substitute for cash, which is popular among the unbanked population who have no access to mainstream cards, notably debit cards. G ... Read More
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Financial Cards and Payments in Poland
Financial Cards and Payments in Poland 2024 saw further changes for financial cards and payments in Poland. Consumers increasingly expect products and services that are tailored to their needs and allow for smooth and intuitive transactions. Companies demand the same – simpler, more efficient and in ... Read More
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Financial Cards and Payments in Norway
Financial Cards and Payments in Norway Financial cards and payments witnessed another robust year in 2024 as inflationary pressures cooled slightly in Norway. The number of cards and transactions has remained stable with only minor fluctuations in recent years. Current value growth witnessed a more ... Read More
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Debit Cards in Egypt
Debit Cards in Egypt Whilst debit cards remain popular for usage in Egypt, debit cards’ usage remained restricted to local transactions in 2024. As of October 2023, the Central Bank of Egypt (CBE) limited the use of debit cards in Egypt to the Egyptian Pound (EGP). This means that Egyptian debit car ... Read More
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Pre-Paid Cards in Egypt
Pre-Paid Cards in Egypt Pre-paid cards retained robust growth in Egypt in 2024, supported by a concerted government focus on financial inclusion and extensive banking initiatives tailored to citizens of all age groups. Notably, Visa, alongside the Ministry of Communications and Information Technolog ... Read More
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Debit Cards in Canada
Debit Cards in Canada The competitive landscape for debit cards in Canada has seen shift in share in 2024, resulting from RBC’s acquisition of HSBC - a deal finalised on 1 April. All HSBC clients have been transferred to RBC, new chequing accounts have been opened and new debit cards have been issue ... Read More
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Charge Cards in the Netherlands
Charge Cards in the Netherlands Charge cards continued to represent a relatively niche payment method in the Netherlands in 2024, as Dutch consumers predominantly prefer debit cards and cash for everyday transactions. This preference is deeply rooted in cultural habits that favour straightforward an ... Read More
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Charge Cards in Poland
Charge Cards in Poland Charge cards in Poland in 2024 saw the continued decline of personal charge cards, which are now becoming a niche. Pekao was a leading issuer in 2023; however, in 2024 personal charge cards are no longer in the bank’s offer for individual clients. In the review period, Pekao o ... Read More
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Pre-Paid Cards in Poland
Pre-Paid Cards in Poland Pre-paid cards in Poland was boosted by Revolut in 2024, with the player having systematically expanded its number of customers in the country. Revolut describes Poland as among its largest markets globally, with potential for further growth. In 2024, the fintech implemented ... Read More
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Financial Cards and Payments in Egypt
Financial Cards and Payments in Egypt Financial cards and payments continued to see growth in Egypt in 2024. This is attributed to various reasons, from economic turbulence including high inflation, currency devaluation, an increase in fuel prices, and reduced subsidies, to higher financial inclusio ... Read More
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Financial Cards and Payments in France
Financial Cards and Payments in France Financial cards and payments in France showed varied performances among its segments in 2024, with rises in terms of the number of cards in circulation and transactions, and double-digit growth for current value sales. Inflation and price hikes have significant ... Read More
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Debit Cards in France
Debit Cards in France Debit cards in France saw its number of cards almost stagnate in 2024, while transactions rose robustly and value sales recorded double-digit growth. The first trend is mainly because of a further increase in the unit prices of debit cards – just one year after the government’s ... Read More
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Financial Cards and Payments in Indonesia
Financial Cards and Payments in Indonesia Within financial cards and payments in Indonesia, 2024 was another year of strong growth for electronic payments, while card payments also remained positive in terms of transactions volume though its growth slowed down compared to that seen in 2023. High use ... Read More
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Store Cards in France
Store Cards in France 2024 was the first year in some time that store cards in France rose in terms of number, transactions and value sales, albeit posting only modest growth. In recent years, there has been a decline in the number of store cards in France, along with lower average spending on them. ... Read More
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Pre-Paid Cards in France
Pre-Paid Cards in France Pre-paid cards in France benefitted substantially in 2024, following on from a good year in 2023. This was mostly driven by closed loop pre-paid card transactions, driven partly by the post-pandemic revival of travel and commuting. 2023 - the first year without pandemic-rela ... Read More