In 2024, credit cards in Indonesia again recorded positive growth in all terms – number of cards in circulation as well as volume and value transactions, as it did in 2023, despite the rising threat from the continued expansion of pay-later transactions in Indonesia. The credit cards category benefits from targeting a different market segment and also offering cheaper annual interest rates compared to pay-later. The ongoing post-pandemic recovery of travel and tourism has played its part, too -...
Euromonitor International's Credit Card Transactions in Indonesia 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 Indonesia
Euromonitor International
January 2025
List Of Contents And Tables
CREDIT CARDS IN INDONESIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Positive trend continues for credit cards in 2024
Bank Central Asia maintains overall leadership, while Mandiri benefits from digitalisation
Millennials and Gen Z support transactions growth, while digitalisation accelerates
PROSPECTS AND OPPORTUNITIES
Bright future forecast for credit cards in Indonesia
Banks remain optimistic that business will grow
Greater investment in innovation and promotions expected
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