Debit cards, which for a long time was one of the main payment methods in Brazil, has faced a notable decline in its share of overall payments, due to the adoption and rise of Pix, the instant payment system launched by the Central Bank of Brazil (BCB) in 2020. Pix quickly conquered Brazilian consumers with its convenience, speed, and absence of fees for individuals, resulting in a significant shift in users’ payment behaviour. In 2023, it became the most used payment method in Brazil in terms o...
Euromonitor International's Debit Card Transactions in Brazil 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 Brazil
Euromonitor International
December 2024
List Of Contents And Tables
DEBIT CARDS IN BRAZIL
KEY DATA FINDINGS
2024 DEVELOPMENTS
Debit card usage faces strong competition from Pix
Fintechs are commercialising payment terminals (POS)
Banks create their own marketplaces
PROSPECTS AND OPPORTUNITIES
Regulation on the use of credit cards in sports betting expected to favour the use of debit cards
More debit cards being used for public transportation
Commercial debit cards in decline
CATEGORY DATA
Table 1 Debit Cards: Number of Cards in Circulation 2019-2024
Table 2 Debit Cards Transactions 2019-2024
Table 3 Debit Cards in Circulation: % Growth 2019-2024