Banks in Argentina are grappling with a complex situation as the promotion of credit cards has become less lucrative. The regulated interest rates imposed by the Central Bank have limited the profitability of offering credit cards. Both the interest rate for instalment payments and the rate charged when customers opt to finance their expenses are capped by the Central Bank, hindering substantial profits. Additionally, the escalating cost of money due to high inflation surpasses the allowable rat...
Euromonitor International's Credit Card Transactions in Argentina 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 Credit Card Transactions, Personal Credit 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 Credit 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.
Credit Cards in Argentina
Euromonitor International
November 2023
List Of Contents And Tables
CREDIT CARDS IN ARGENTINA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Regulatory constraints dampen credit card promotion by banks
Challenges for regional cards unaffiliated with financial institutions due to rate regulations
Visa's dominance in the credit card segment
PROSPECTS AND OPPORTUNITIES
Navigating regulatory constraints: Shifting focus from credit cards to debit cards
Potential disruption to Quick Response payments by Near Field Communication technology
Continuation of instalment payment plans (Ahora) expected despite government change
CATEGORY DATA
Table 1 Credit Cards: Number of Cards in Circulation 2018-2023
Table 2 Credit Cards Transactions 2018-2023
Table 3 Credit Cards in Circulation: % Growth 2018-2023