Aligned with historical patterns, there is expected to be an ongoing decrease in the number of charge cards in circulation in the United Arab Emirates in 2023, even though transaction value is set to show growth across both the commercial and personal segments, given the shift to Sharia-compliant cards. Despite a slowing rate of decline for the number of charge cards in circulation, and despite transaction value gradually improving at the end of the review period, the prospects for this category...
Euromonitor International's Charge Card Transactions in United Arab Emirates 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 United Arab Emirates
Euromonitor International
December 2023
List Of Contents And Tables
CHARGE CARDS IN THE UNITED ARAB EMIRATES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Adoption of charge cards continues to decline
Increased competition, and rewards in credit cards challenge charge cards
Focus on premiumisation and personalisation to revive charge cards
PROSPECTS AND OPPORTUNITIES
Commercial charge cards likely to remain an active category
Increasing merchant acceptance and promotions still required
With further diversification of resident demographics, charge cards likely to find some room for growth
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