Category: Credit Cards
Credit Cards market research reports by Euromonitor International
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Personal Credit Cards Around the World
Personal Credit Cards Around the World The 2020s have been a time of tremendous growth for personal credit cards around the world, as large swathes of businesses increased acceptance in the wake of pandemic-era turbulence. Rewards and loyalty programmes remain an important element of the competitive ... Read More
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Global Digital Wallet Market: Trends, Innovations and Opportunities
Global Digital Wallet Market: Trends, Innovations and Opportunities Ecosystem partnerships is a critical factor for rapid scaling of leading digital wallets globally. Key usage factors are convenience, enhanced security and wide merchant acceptance. The short term focus includes cross-border transac ... Read More
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Commercial Payments in Asia Pacific and Australasia: Regional Overview
Commercial Payments in Asia Pacific and Australasia: Regional Overview Boosted by fast payment, digital wallets and electronic money orders, electronic payment has been dominating the commercial payment in Asia Pacific and Australasia. With recovery in travel, entertainment and trading after the pan ... Read More
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Credit Cards in Germany
Credit Cards in Germany In 2023, credit cards in Germany witnessed a nuanced recovery characterised by a notable and consistent increase in transaction volume and value. As the nation emerged from pandemic-induced restrictions, industries such as travel and dining - traditional strongholds for credi ... Read More
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Store Cards in Germany
Store Cards in Germany In 2023, store cards in Germany faced stagnant development. Despite a brief resurgence in 2021 and 2022, the category has struggled to return to pre-pandemic levels. The decline is attributed to the growing consumer preference for alternative loyalty programmes and digital pay ... Read More
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Pre-Paid Cards in Germany
Pre-Paid Cards in Germany In 2023, pre-paid cards in Germany displayed a remarkable ability to adapt to post-pandemic changes. This was in contrast to 2022, when pre-paid cards witnessed a decline in transactions and value due to extraordinary circumstances, such as the discontinuation of Geldkarte ... Read More
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Charge Cards in Germany
Charge Cards in Germany In 2023, charge cards in Germany displayed resilience, adapting to the post-pandemic era. The category witnessed a surge in usage, particularly in the commercial segment, with value and transactions sitting marginally below pre-pandemic levels in 2023. This partial recovery c ... Read More
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Financial Cards and Payments in Germany
Financial Cards and Payments in Germany In 2023, financial cards and payments in Germany had to navigate a complex landscape. On the one hand, there was a slow yet steady increase in transactions, particularly in industries such as travel and dining that rebounded as pandemic restrictions eased. On ... Read More
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Consumer Credit in Germany
Consumer Credit in Germany In 2023, Germany’s consumer credit market showed signs of cautious optimism. Despite the lingering effects of the pandemic and geopolitical tensions, such as the ongoing crisis in Ukraine, there was a modest rise in consumer lending. However, German consumers remained caut ... Read More
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Financial Cards and Payments in Middle East and Africa
Financial Cards and Payments in Middle East and Africa While consumers in the Middle East and Africa region continue to increase their usage of card payments and the digitalisation of the financial industry also continues to advance, cash still remains important in many countries, especially the Afr ... Read More
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Financial Cards and Payments in Western Europe
Financial Cards and Payments in Western Europe Total transactions value growth slowed in Western Europe in 2023, with many consumers’ spending impacted by the still high inflation rates. Paper payments remained in decline, with electronic direct/ACH payments continuing to grow. Card payment transact ... Read More
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Financial Cards and Payments in Latin America
Financial Cards and Payments in Latin America Ongoing trends continued to be seen in 2023, with the use of cash declining and the digital transformation of financial cards and payments markets in the region a major theme in Latin America. Be it the Pix instant payments system in Brazil or the impend ... Read More
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Financial Cards and Payments in Asia Pacific
Financial Cards and Payments in Asia Pacific The use of cash continues to lose out to electronic direct/ACH and card payments in the Asia Pacific region, although paper transactions still remain important in some countries. Digital wallets continue gaining in popularity due to their convenience, and ... Read More
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Consumer Credit in India
Consumer Credit in India In 2023, card lending - driven by increasing credit card adoption in India - remained the dominant category within consumer credit in gross lending terms. The adoption of credit cards further increased during the year, primarily as consumers’ responsibilities in the form of ... Read More
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Embedded Finance Ecosystem: Mapping the Path to Services Industries’ Transformation
Embedded Finance Ecosystem: Mapping the Path to Services Industries’ Transformation Embedded finance is the critical factor to improve customer journey and drive transformation for services industries.. With travel recovery and sluggish volume sales of automotives, embedded finance is considered to ... Read More
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Credit Cards in India
Credit Cards in India Credit cards in India witnessed healthy demand in 2023 as consumers looked to bridge their income gap through smart spending. The adoption of credit cards further increased during the year, primarily as responsibilities in the form of expenditure grew rapidly, which pushed cons ... Read More
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Charge Cards in India
Charge Cards in India Charge cards in India remained a niche category within financial cards and payments in 2023, largely due to higher eligibility criteria for issuance. Given the higher credit score and minimum salary requirement for a charge card in comparison to other financial card instruments ... Read More
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Financial Cards and Payments in India
Financial Cards and Payments in India A government-led financial inclusion initiative enticed a burgeoning population to embrace the formal banking sector, resulting in further uptake of financial cards, in particular, debit cards, in 2023. The Pradhan Mantri Jan Dhan Yojana (PMJDY) benefited in bri ... Read More
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Commercial Payments Overview
Commercial Payments Overview The global B2B payment market is gaining increasing attention from financial card and electronic direct payment platforms, as more consumer payment value has been converted away from paper. The USD32.7 trillion spent by merchants through paper payment channels globally i ... Read More
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Consumer Credit in Austria
Consumer Credit in Austria Consumer credit has experienced a significant drop in all areas of gross lending in 2023. In light of the sharp increases in the cost of living since 2022, Austrians have generally been frugal with expenditure. Individuals are focused on meeting their immediate basic needs ... Read More
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Consumer Lending in Austria
Consumer Lending in Austria Loans became more expensive for consumers in 2023, as a result of the European Central Bank's interest rate policy, with rates rising in response to high inflation in the EU since the energy crisis broke out in 2022 and the war in Ukraine began. The European Central Bank’ ... Read More
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Credit Cards in Austria
Credit Cards in Austria Driven by a general shift from cash to card payments, which was accelerated by the outbreak of COVID-19, and the continuing travel recovery, credit card transactions saw strong growth in 2023; in both the number of transactions and transition value terms. These growth rates w ... Read More
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Pre-Paid Cards in Austria
Pre-Paid Cards in Austria Closed loop pre-paid card transactions in Austria are essentially merchant-issued gift cards, and demand for these continued to increase in 2023. In a time of persistently high inflation with increased prices of essentials such as food and petrol, gift cards became popular, ... Read More
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Store Cards in Austria
Store Cards in Austria Store cards remained a niche in Austria in 2023, continuing a downward trend with a double-digit decline in transaction values despite the continuing shift to card payments. Most consumers in Austria are unfamiliar with store cards, and the usage of revolving credit in payment ... Read More
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Store Cards in the US
Store Cards in the US As in so many cases, perhaps the biggest story for store cards in the US in 2023 has been the twin forces of high inflation and high interest rates. While inflation has crept down over the course of 2023 in the US, the price increases that have resulted remain significant, and ... Read More
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