In 2023, credit cards in Germany witnessed a nuanced recovery characterised by a notable and consistent increase in transaction volume and value. As the nation emerged from pandemic-induced restrictions, industries such as travel and dining - traditional strongholds for credit card usage – experienced a revival. However, this upward trajectory was not uniformly reflected across all market indicators.
Euromonitor International's Credit Card Transactions in Germany 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 Germany
Euromonitor International
March 2024
List Of Contents And Tables
CREDIT CARDS IN GERMANY
KEY DATA FINDINGS
2023 DEVELOPMENTS
Credit card transactions and value continue to record solid growth in 2023
The growing influence of alternative payment methods
Mastercard and Visa innovate with co-branded cards in Germany's static credit space
PROSPECTS AND OPPORTUNITIES
Credit cards to further shift towards secure and digital payment solutions
Rise of exclusive services attractive to affluent consumers
The challenge of changing perceptions
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