The high inflation rate in Argentina has led to a significant increase in the use of debit cards. The government has refrained from printing higher denomination bills, and the highest available denomination is ARS2000, roughly equivalent to USD8 at the official exchange rate. Consequently, individuals would need to carry a substantial amount of cash for their purchases if restricted to cash transactions. Given the widespread preference for cash payments, the usage of debit cards has been steadil...
Euromonitor International's Debit Card Transactions in Argentina 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 Argentina
Euromonitor International
November 2023
List Of Contents And Tables
DEBIT CARDS IN ARGENTINA
KEY DATA FINDINGS
2023 DEVELOPMENTS
The rise of debit card usage to mitigate inflation and the cash challenge
Visa: Pioneering debit card services
Debit cards outpace credit cards
PROSPECTS AND OPPORTUNITIES
Shifting consumer habits during the pandemic drive debit card usage
Buy Now, Pay Later Companies debiting from debit cards offer interest-free instalments
Increased accessibility to cash withdrawal points beyond banks
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