Personal credit cards in the UK has witnessed considerable activity, with an increasing number of consumers turning to credit to fund goods and services during the cost-of-living crisis. The growth of credit card transactions post-pandemic has been driven by delayed spending, as consumers attempt to make up for lost time with funding house improvements, holidays, and other experiences, such as purchasing tickets to worldwide artists such as Taylor Swift's ""The Eras Tour"", which attracted million...
Euromonitor International's Credit Card Transactions in United Kingdom 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 the United Kingdom
Euromonitor International
November 2024
List Of Contents And Tables
CREDIT CARDS IN THE UNITED KINGDOM
KEY DATA FINDINGS
2024 DEVELOPMENTS
Prioritising experiences is a key reason fuelling personal credit card transaction growth
BNPL continues to rise across the UK as regulations are further delayed
American Express continues to strive for greater merchant acceptance in the UK
PROSPECTS AND OPPORTUNITIES
Future credit card growth will be impacted by local economy and BNPL’s performance
Rising concerns place pressure on authorities to finally establish BNPL regulations
Visa Inc set to gain share due to reaffirmation of relationship with Lloyds Banking Group
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