Charge cards as a whole has been performing well in 2023, and it is expected to continue to grow beyond pandemic lows. Consumer spending in 2023 has driven payments across all card types, with the return to travel remaining an important storyline – a significant area of strength for charge cards. One particular factor in favour of charge cards is their lack of ability to revolve a balance, and thus carry an interest rate. With the US Federal Reserve raising interest rates throughout late 2022 an...
Euromonitor International's Charge Card Transactions in USA report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Commercial Charge Card Transactions, Personal Charge Card Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Charge Card Transactions market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Charge Cards in the US
Euromonitor International
December 2023
List Of Contents And Tables
CHARGE CARDS IN THE US
KEY DATA FINDINGS
2023 DEVELOPMENTS
Possible beneficiary of higher interest rates
American Express maintains its dominance of charge cards in the US
Commercial payments continue to rebound and grow
PROSPECTS AND OPPORTUNITIES
Credit interchange is under the microscope, threatening rewards rates
Popularity of charge cards lags behind that of credit cards, and BNPL is a threat
Meeting new consumers in the digital world
CATEGORY DATA
Table 1 Charge Cards: Number of Cards in Circulation 2018-2023
Table 2 Charge Cards Transactions 2018-2023
Table 3 Charge Cards in Circulation: % Growth 2018-2023