Driven by population growth and continued urbanisation, the number of debit cards in Morocco continues to soar. Traditionally, local consumers show a strong preference for using debit cards thanks to the safety and reliability of paying with existing money rather than borrowed funds with high interest rates. Further, debit cards are the most accessible and straightforward type of financial cards in the country, and local banks continue to push them as offering the broadest range of incentives.
Euromonitor International's Debit Card Transactions in Morocco 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 Morocco
Euromonitor International
November 2023
List Of Contents And Tables
DEBIT CARDS IN MOROCCO
KEY DATA FINDINGS
2023 DEVELOPMENTS
Debit cards remain most popular financial cards in Morocco
Mobile payments gain ground as players work to woo Moroccans
Major bank drops fees and commissions for international debit card payments
PROSPECTS AND OPPORTUNITIES
Shift away from cash set to boost debit card numbers
Banks will target teenagers with new packages
Increased uptake of e-wallets a key driver of debit card transaction value growth
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