Fraud has hit debit cards hard in the US in recent years. Significant increases in card not present fraud have been recorded in the market in 2023, and are a legitimate concern for those in the financial industry. A significant threat to card usage has been the growth of card skimming, which has hit debit cards particularly hard. Many advanced card skimming devices have found their way into ATMs across the US. The rate of card skimming in early 2023 greatly exceeded that of 2022, as fraudsters h...
Euromonitor International's Debit Card Transactions in USA 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 Debit Card Transactions, Personal Debit 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 Debit 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.
Debit Cards in the US
Euromonitor International
December 2023
List Of Contents And Tables
DEBIT CARDS IN THE US
KEY DATA FINDINGS
2023 DEVELOPMENTS
Fraud remains an important story for debit cards
The line between debit cards and other card types continues to blur
Debit sees success with younger generations due to lack of credit history
PROSPECTS AND OPPORTUNITIES
Bank account interest rates have potential to draw in new consumers
Commercial debit cards set to continue to see healthy growth
Debit card fee regulation on the horizon
CATEGORY DATA
Table 1 Debit Cards: Number of Cards in Circulation 2018-2023
Table 2 Debit Cards Transactions 2018-2023
Table 3 Debit Cards in Circulation: % Growth 2018-2023