Credit Cards in Colombia

Credit Cards in Colombia

While credit cards in Colombia showed a modestly improved result in terms of growth in current value transactions in 2024, the rate at which volume transactions rose fell well below that registered in 2023. Despite a series of interest rate cuts and an uptick in economic activity, expansion was constrained by the tendency of many households and companies to rein in their use of these instruments and instead pay off existing balances accumulated earlier in the review period, when they were freque...

Euromonitor International's Credit Card Transactions in Colombia 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.