In 2024, Ukraine’s credit card market continued to evolve amid ongoing economic challenges and the war. A gradual decline in interest rates played a pivotal role in supporting this recovery. The growing adoption of contactless payments, propelled by the expansion of supporting infrastructure and the popularity of digital wallets such as Apple Pay and Google Pay, further strengthened the market. Banks actively introduced credit card products with rewards and cashback incentives, exemplified by AT...
Euromonitor International's Credit Card Transactions in Ukraine 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 Ukraine
Euromonitor International
January 2025
List Of Contents And Tables
CREDIT CARDS IN UKRAINE
KEY DATA FINDINGS
2024 DEVELOPMENTS
Falling interest rates support resilient market
New regulations aimed at responsible use of credit
Credit cards benefits from familiarity and convenience during crisis
PROSPECTS AND OPPORTUNITIES
Fraud remains a serious challenge, potentially reduceable with SCA
Major player Monobank turns to Visa
Category set to see entrance of non-traditional players over the forecast period
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