Category: Credit Cards
Credit Cards market research reports by Euromonitor International
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Credit Cards in Canada
Credit Cards in Canada Credit cards in Canada benefitted from 2024’s difficult economic environment, with persistent high inflation and interest rates, as purchasing power continued to deteriorate and Canadians increasingly relied on credit and credit cards to cover daily expenses. As a result, outs ... Read More
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Credit Cards in Norway
Credit Cards in Norway 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 ... Read More
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Financial Cards and Payments in the Netherlands
Financial Cards and Payments in the Netherlands Financial cards and payments were being affected by a shift towards digital and contactless payment methods in the Netherlands in 2024. In offline terms, this means a strong take-up of contactless card payments and digital wallets. Indeed, contactless ... Read More
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Charge Cards in Egypt
Charge Cards in Egypt Charge cards remained unpopular in Egypt in 2024. Indeed, prospects for charge cards remain unpromising in the country, with cards in circulation decreasing in both commercial and personal terms – although the decline is steeper in personal charge cards than seen in commercial ... Read More
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Financial Cards and Payments in Poland
Financial Cards and Payments in Poland 2024 saw further changes for financial cards and payments in Poland. Consumers increasingly expect products and services that are tailored to their needs and allow for smooth and intuitive transactions. Companies demand the same – simpler, more efficient and in ... Read More
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Financial Cards and Payments in Norway
Financial Cards and Payments in Norway Financial cards and payments witnessed another robust year in 2024 as inflationary pressures cooled slightly in Norway. The number of cards and transactions has remained stable with only minor fluctuations in recent years. Current value growth witnessed a more ... Read More
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Charge Cards in the Netherlands
Charge Cards in the Netherlands Charge cards continued to represent a relatively niche payment method in the Netherlands in 2024, as Dutch consumers predominantly prefer debit cards and cash for everyday transactions. This preference is deeply rooted in cultural habits that favour straightforward an ... Read More
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Charge Cards in Poland
Charge Cards in Poland Charge cards in Poland in 2024 saw the continued decline of personal charge cards, which are now becoming a niche. Pekao was a leading issuer in 2023; however, in 2024 personal charge cards are no longer in the bank’s offer for individual clients. In the review period, Pekao o ... Read More
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Pre-Paid Cards in Poland
Pre-Paid Cards in Poland Pre-paid cards in Poland was boosted by Revolut in 2024, with the player having systematically expanded its number of customers in the country. Revolut describes Poland as among its largest markets globally, with potential for further growth. In 2024, the fintech implemented ... Read More
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Financial Cards and Payments in Egypt
Financial Cards and Payments in Egypt Financial cards and payments continued to see growth in Egypt in 2024. This is attributed to various reasons, from economic turbulence including high inflation, currency devaluation, an increase in fuel prices, and reduced subsidies, to higher financial inclusio ... Read More
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Financial Cards and Payments in France
Financial Cards and Payments in France Financial cards and payments in France showed varied performances among its segments in 2024, with rises in terms of the number of cards in circulation and transactions, and double-digit growth for current value sales. Inflation and price hikes have significant ... Read More
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Financial Cards and Payments in Indonesia
Financial Cards and Payments in Indonesia Within financial cards and payments in Indonesia, 2024 was another year of strong growth for electronic payments, while card payments also remained positive in terms of transactions volume though its growth slowed down compared to that seen in 2023. High use ... Read More
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Store Cards in France
Store Cards in France 2024 was the first year in some time that store cards in France rose in terms of number, transactions and value sales, albeit posting only modest growth. In recent years, there has been a decline in the number of store cards in France, along with lower average spending on them. ... Read More
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Consumer Lending in Indonesia
Consumer Lending in Indonesia Consumer lending in Indonesia saw another strong performance in 2024, similar to that seen in 2023. Economic growth was driven by stable political conditions, controlled inflation rates and also subsidy programs - for example subsidies for two-wheeled electric vehicles. ... Read More
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Consumer Credit in France
Consumer Credit in France Consumer credit in France is beginning to recover in 2024 after a difficult 2023, partly thanks to more accessible rates than in 2023 and the recovery of the offering. In September 2024, the best consumer credit rates were 0.9% over 12 months, 8% over 36 months and even 6.3 ... Read More
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Credit Cards in Indonesia
Credit Cards in Indonesia In 2024, credit cards in Indonesia again recorded positive growth in all terms – number of cards in circulation as well as volume and value transactions, as it did in 2023, despite the rising threat from the continued expansion of pay-later transactions in Indonesia. The cr ... Read More
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Credit Cards in France
Credit Cards in France In 2024, credit cards in France recorded small increases among some segments as consumer credit continued to gradually recover. Though growth was low, it gave cautious hope to stakeholders as volumes of new consumer credits increased, enabling credit cards to stay afloat in te ... Read More
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Consumer Credit in Indonesia
Consumer Credit in Indonesia Consumer credit gross lending saw further strong growth in Indonesia in 2024, along similar lines to the previous year although the rate of growth slowed down. The main factor behind this growth has been the improvement in economic conditions, as well as the expanding ca ... Read More
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Charge Cards in France
Charge Cards in France In 2024, charge cards in France showed slightly improved growth in the number of cards in circulation, an appreciable increase in terms of transactions, and a double-digit rise in value sales. A key factor to this ongoing success is local consumers’ growing recognition of priv ... Read More
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Consumer Lending in France
Consumer Lending in France Consumer lending in France in 2024 showed slight signs of recovery, following a challenging year in 2023, with growth driven by more accessible interest rates and a rebound in supply. This is observed in both housing mortgage housing and in consumer credit. In September 20 ... Read More
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Charge Cards in Indonesia
Charge Cards in Indonesia Charge cards in Indonesia turned in another year of positive growth in terms of transactions volume in 2024, driven largely by the expansion of American Express card acceptance in EDC machines throughout Indonesia, and the expansion of e-commerce bill payments using an AMEX ... Read More
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Financial Cards and Payments in Thailand
Financial Cards and Payments in Thailand Thailand's financial cards and payments landscape is undergoing a significant transformation, reflecting a broader shift towards digitalisation. Electronic direct/ACH transactions have gained widespread adoption and are projected to account for more than a qu ... Read More
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Charge Cards in Spain
Charge Cards in Spain Charge cards in Spain benefit from being popular for use in e-commerce, with growth in e-commerce also influenced by increased spending with charge cards. Charge cards can be attractive to consumers who seek short-term finance for purchases, without falling into the trap of acq ... Read More
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Consumer Credit in Thailand
Consumer Credit in Thailand Consumer credit has become a key issue in Thailand, with households grappling with rising debt, exacerbated by economic fluctuations, increasing living costs, high unemployment rates, and stagnant incomes. Many families increasingly rely on loans to sustain their standard ... Read More
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Store Cards in Spain
Store Cards in Spain Store cards are suffering in Spain in 2024, in main due to El Corte Inglés’ switch to credit cards, alongside the fact that store cards are generally seen as old-fashioned. Euromonitor International's Store Card Transactions in Spain report establishes the size and structure of ... Read More