Debit cards in Brazil have enjoyed continuous growth as an increasing number of Brazilians shift away from traditional paper-based payment methods such as cash and cheques. This transition is driven by the ongoing digitisation of financial services and the increasing number of individuals with access to banking services. Financial institutions have played a role in promoting alternative payment methods, including cards and digital payments, by reducing the number of ATMs across the country.
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
November 2023
List Of Contents And Tables
DEBIT CARDS IN BRAZIL
KEY DATA FINDINGS
2023 DEVELOPMENTS
Use of debit cards noticeably slows in 2023
Contactless payments are firmly established for the long term
Commercial debit cards still struggle for greater penetration in Brazil
PROSPECTS AND OPPORTUNITIES
Instant payments threaten debit cards share of consumer payments
Enhancing perceived value is crucial for debit cards to sustain their relevance
Drex, Brazil’s Central Bank’s digital currency, is set for wider launch in late 2024
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