In 2024, charge cards in the United Arab Emirates remains a small category within financial cards and payments. The competitive landscape is highly consolidated, and includes the American Express Platinum Card, renowned for its elite status and exclusivity in Dubai, requiring substantial capital or a high income for qualification. Similarly, the JP Morgan Chase Reserve Card is also recognised as an elite charge card in Dubai.
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
November 2024
List Of Contents And Tables
CHARGE CARDS IN THE UNITED ARAB EMIRATES
KEY DATA FINDINGS
2024 DEVELOPMENTS
Charge cards remains a niche category in the United Arab Emirates
Charge cards faces greater competition from credit card rewards
Commercial charge cards dominate category, but are not immune to challenges
PROSPECTS AND OPPORTUNITIES
Charge card providers need to review product positioning for sustainable growth
Commercial charge cards offers some prospects in a high interest rate market
Personalisation and greater brand partnership can revive category
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