After a robust rise in 2022, credit cards continues to enjoy positive growth in 2023, boosted by local consumers’ increasing expenditure and higher levels of penetration. However, and in contrast to 2022, in 2023 credit cards is seeing slower growth than debit cards in terms of number of accounts thanks to personal credit cards. Rising interest rates amid economic uncertainty are limiting category growth. Still, average spend per transaction is on the up in 2023, driven by high inflation and inc...
Euromonitor International's Credit Card Transactions in Portugal 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 Portugal
Euromonitor International
November 2023
List Of Contents And Tables
CREDIT CARDS IN PORTUGAL
KEY DATA FINDINGS
2023 DEVELOPMENTS
Credit cards sees further growth but at a lower rate than debit cards in 2023
Competition heats up
Visa strengthens its share
PROSPECTS AND OPPORTUNITIES
Positive growth anticipated for forecast period as digital shift persists
BNPL represents competitive threat to credit cards
Partnerships shape competitive landscape
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