In 2024, charge cards in Israel was impacted by still-high interest rates. In January the interest rate was reduced by 0.25%, bringing it to 4.5%. Despite this minor decrease, no further reductions are anticipated in the near term, leaving interest rates at historically high levels. This persistent environment of elevated rates is influencing consumer payment behaviours. Further, rising living costs have been prompting Israeli consumers to exercise caution in their spending. Many individuals are...
Euromonitor International's Charge Card Transactions in Israel 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 Israel
Euromonitor International
January 2025
List Of Contents And Tables
CHARGE CARDS IN ISRAEL
KEY DATA FINDINGS
2024 DEVELOPMENTS
High interest rates support growth for charge cards category in 2024
Continued growth for non-bank cards
Digital wallets represent rising threat to plastic charge cards
PROSPECTS AND OPPORTUNITIES
Economic woes will continue to impact category
Persistent growth of mobile proximity payments will continue to curb potential for progress
IsraCard likely to remain leader in charge cards throughout forecast period
CATEGORY DATA
Table 1 Charge Cards: Number of Cards in Circulation 2019-2024
Table 2 Charge Cards Transactions 2019-2024
Table 3 Charge Cards in Circulation: % Growth 2019-2024