Debit cards in the United Arab Emirates continues to record a strong performance in 2024, with a rise in the number of accounts, new cards in circulation, transaction growth and value transactions. The robust economy of the United Arab Emirates continues to attract foreign investment and create job opportunities, leading to an influx of skilled professionals and workers. In 2024, the United Arab Emirates introduced several new visa schemes aimed at attracting skilled professionals, investors, an...
Euromonitor International's Debit Card Transactions in United Arab Emirates 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 United Arab Emirates
Euromonitor International
November 2024
List Of Contents And Tables
DEBIT CARDS IN THE UNITED ARAB EMIRATES
KEY DATA FINDINGS
2024 DEVELOPMENTS
Expansion of population base drives up new account openings and debit growth
New domestic card network, Jaywan, launched to replace all debit cards in local market
Digital bank Wio Bank gains popularity and experiences rapid adoption
PROSPECTS AND OPPORTUNITIES
New debit card products likely over the forecast period
Banking the unbanked – a significant proportion of the population remains untapped
Domestic card network to strengthen financial control over growing payments market
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