While credit cards benefit from similar strengths to debit cards, such as wide merchant acceptance, high level of digitalisation and strong brands, credit card usage is much lower. The number of credit cards in circulation is high, but there has been a downward trend for years, in terms of transactions and expenditure. Fewer Norwegians can get a credit card compared to debit cards. Credit card users also choose to use their credit cards far less frequently than their debit cards, whether stored...
Euromonitor International's Credit Card Transactions in Norway 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 Norway
Euromonitor International
January 2025
List Of Contents And Tables
CREDIT CARDS IN NORWAY
KEY DATA FINDINGS
2024 DEVELOPMENTS
Credit cards are typically used once or twice a week
Credit card usage is normalising post-pandemic
Major banks lead in credit cards
PROSPECTS AND OPPORTUNITIES
Number of personal credit cards to fall as commercial cards rise
Credit card spend will become digital via mobile wallets
Some consolidation to take place in personal credit cards
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