Driven by a general shift from cash to card payments, which was accelerated by the outbreak of COVID-19, and the continuing travel recovery, credit card transactions saw strong growth in 2023; in both the number of transactions and transition value terms. These growth rates were significantly stronger than charge cards, almost as strong as debit cards. However, growth was also boosted by credit card transactions having the strongest potential to catch up, having experienced the greatest decline...
Euromonitor International's Credit 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 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 Austria
Euromonitor International
December 2023
List Of Contents And Tables
CREDIT CARDS IN AUSTRIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Credit cards continues its strong upward trend, recovering from COVID-19
Multifunctional debit cards are cannibalizing brands' credit card offerings
Revolving credit remains a weak USP for credit cards
PROSPECTS AND OPPORTUNITIES
Prevalence of credit cards is set to decline over the forecast period
Transparent money management features appeal to cautious consumers in Austria
Outlook for credit cards less favourable compared to charge cards
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