Credit card is a very popular payment method in Brazil. Transactions using credit cards continued to grow at double-digit rates in the country in 2023, but at a slower pace compared to 2021 and 2022, and growth is set to slow further in 2024, to the single digits. In 2023, the number of credit card transactions surpassed the number of debit card transactions for the first time since 2013, and the gap is expected to widen in 2024.
Euromonitor International's Credit Card Transactions in Brazil 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 Brazil
Euromonitor International
December 2024
List Of Contents And Tables
CREDIT CARDS IN BRAZIL
KEY DATA FINDINGS
2024 DEVELOPMENTS
Credit card transactions grow even as the government implements actions to mitigate household debt
The competition in commercial credit cards is intensifying
Operators and issuers focus on the travel segment
PROSPECTS AND OPPORTUNITIES
Co-branded credit cards between issuing banks and retailers expected to decline
Artificial intelligence and machine learning set to revolutionise fraud prevention
Use of digital wallets likely to increase amongst older populations
CATEGORY DATA
Table 1 Credit Cards: Number of Cards in Circulation 2019-2024
Table 2 Credit Cards Transactions 2019-2024
Table 3 Credit Cards in Circulation: % Growth 2019-2024