Driven by a shift from cash to card payments, boosted by the outbreak of COVID-19 and the continuing recovery of travel, charge cards saw solid growth in transaction and value terms. However, growth was at a slower pace compared to credit and debit cards, with debit cards having expanded its clear role as the most widely used payment card in Austria, while credit cards saw strong growth compared to the downtrend seen during COVID-19 when consumers became risk-averse. Charge card payments have in...
Euromonitor International's Charge Card Transactions in Austria 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 Austria
Euromonitor International
December 2023
List Of Contents And Tables
CHARGE CARDS IN AUSTRIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Growth in charge card transactions is slower than in credit card and debit cards
Multifunctional debit cards are cannibalising charge cards
Newer payment instruments show slow development in Austria
PROSPECTS AND OPPORTUNITIES
The dominance of debit cards challenges the future of charge cards
The fate of credit cards is pivotal for personal charge cards
Changing use of cards set to impact the competitive landscape in charge cards
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