Category: Debit Cards
Debit Cards market research reports by Euromonitor International
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Pre-Paid Cards in Indonesia
Pre-Paid Cards in Indonesia The pre-paid cards category has continued its strong performance in 2023, with the category seeing positive growth in terms of both volume and value transactions, as in the previous year. Pre-paid cards has been particularly impacted by the revival of normal social and ec ... Read More
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Pre-Paid Cards in Nigeria
Pre-Paid Cards in Nigeria Nigeria remains a mainly cash-driven society, though debit card usage is growing. Pre-paid cards, however, are not a popular option, and while the number of cards is expected to increase, constant transaction value is expected to fall in 2023, as inflation remains very high ... Read More
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Debit Cards in Nigeria
Debit Cards in Nigeria While Nigeria still mainly operates with cash, debit cards are the most popular financial card and continue to gain further penetration and in 2023, both number of cards and transaction values are expected to increase, with a double-digit constant value increase in spending. T ... Read More
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Debit Cards in Hong Kong, China
Debit Cards in Hong Kong, China Since the reopening of borders in the fourth quarter of 2022, there has been a surge in enthusiasm among Hong Kong’s population to travel abroad after enduring three years of the pandemic. Residents are now showing a strong and sustained interest in reallocating their ... Read More
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Debit Cards in Argentina
Debit Cards in Argentina 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 ... Read More
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Financial Cards and Payments in Norway
Financial Cards and Payments in Norway Financial cards and payments in Norway is witnessing a moderate performance in 2023, with flat volume growth and steady growth in card transactions. There has been a steady recovery in transaction spend since 2021, following the heavy declines experienced at th ... Read More
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Financial Cards and Payments in Chile
Financial Cards and Payments in Chile 2023 has witnessed another marginal rebound in personal cash usage in Chile, despite a further decline in the overall value of this payment type. Cash usage tends to be higher among individuals over 60 years of age, those from lower socio-economic backgrounds, a ... Read More
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Pre-Paid Cards in Denmark
Pre-Paid Cards in Denmark While there is a significant number of pre-paid cards in Denmark, the spend is not significant. That being said, there is expected to be a modest increase in value spend in 2023, largely driven by rising inflation. With debit cards having significant penetration and the pop ... Read More
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Pre-Paid Cards in Poland
Pre-Paid Cards in Poland Against the backdrop of double-digit inflation in Poland, employees are increasingly interested in non-wage benefits that can help mitigate the rising cost of living. Many companies are responding to this pressing need by expanding the range of employee benefits. One example ... Read More
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Pre-Paid Cards in Taiwan
Pre-Paid Cards in Taiwan Despite the rise of digital wallets, physical credit cards and pre-paid cards still play a significant role in payments. Notably, digital wallets often cannot link to popular pre-paid cards like EasyCard, the largest transportation card in Taiwan, widely accepted at retail s ... Read More
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Debit Cards in Colombia
Debit Cards in Colombia The use of debit cards continues to grow and they remain the most important payment method behind cash. Further robust growth is expected in 2023 both in the number of cards in circulation and value of transactions. The performance of debit cards has been influenced by their ... Read More
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Consumer Lending in Canada
Consumer Lending in Canada Canada's credit landscape in 2023 is showing rises in lending, with more Canadians gaining access to lending products via traditional financial institutions and private lenders. At the same time, as the cost of living bears down on Canadians, thanks to inflation and steepe ... Read More
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Debit Cards in Romania
Debit Cards in Romania Online payments have seen a significant surge in popularity, continuing through 2023, with an increasing number of e-commerce transactions being finalised through online payment methods. Electronic direct transfers and ACH (Automated Clearing House) transactions continue to gr ... Read More
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Debit Cards in Sweden
Debit Cards in Sweden Debit cards remain the most popular type of financial card in Sweden in 2023 in terms of the number of cards in circulation, and current value and volume transactions. The popularity of debit cards is attributable to the high share of digital payments, the declining importance ... Read More
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Pre-Paid Cards in France
Pre-Paid Cards in France The growth seen in pre-paid cards in 2023 is being supported by the popularity of closed loop pre-paid cards allocated for gifts. The number of such cards has increased in recent years, with the era of the pandemic seeing consumers allocate a part of their budgets (normally ... Read More
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Pre-Paid Cards in Chile
Pre-Paid Cards in Chile The Payment Means Law in Chile has been a driving force behind the remarkable growth of pre-paid card transactions in the country. These financial cards have gained significant traction towards the end of the review period, with both banks and non-bank issuers actively partic ... Read More
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Consumer Credit in Nigeria
Consumer Credit in Nigeria A new government inherited a sluggish economy, record debt and shrinking oil output, due to creaking infrastructure. On foot of this, the government has implemented some difficult decisions in order to stabilise the economy, including ending a decades-old petrol subsidy th ... Read More
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Credit Cards in Mexico
Credit Cards in Mexico The number of credit cards in circulation is set to witness remarkable double-digit growth in 2023, accompanied by even stronger surges in transaction volumes and values when compared with the previous year. These impressive performances not only underscore a double-digit grow ... Read More
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Debit Cards in France
Debit Cards in France The first news in debit cards is the ongoing growth of their number and transactions – despite the gloomy economic context. This is attributed to the following reasons. Euromonitor International's Debit Card Transactions in France report establishes the size and structure of th ... Read More
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Debit Cards in Vietnam
Debit Cards in Vietnam Cashless payment trends are being boosted by both government and issuer initiatives in Vietnam, along with support from retailers in various industries and channels across the country. This, in turn, is helping to boost the performance of financial cards, with debit cards seei ... Read More
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Pre-Paid Cards in Mexico
Pre-Paid Cards in Mexico Pre-paid cards is a form of payment, whether in physical or digital format, that closely resembles conventional debit and credit cards. In 2023, pre-paid cards is set to experience a positive performance, largely thanks to the rise of e-commerce, and supported by the wide av ... Read More
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Financial Cards and Payments in Poland
Financial Cards and Payments in Poland Financial cards and payments in Poland is undergoing substantial change with the continued increase in non-cash transactions in 2023. Card operators are focused on providing access to a variety of payment methods so that the consumer and merchant can choose the ... Read More
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Financial Cards and Payments in Greece
Financial Cards and Payments in Greece The Greek financial card and payments market experienced robust growth in 2022, fuelled by post-pandemic recovery and the impact of inflation. This growth trend persists into 2023, albeit at a slower pace, attributed to the positive economic outlook and relativ ... Read More
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Debit Cards in Japan
Debit Cards in Japan In the past, debit cards were not prevalent in Japan, with alternative payment methods such as credit cards or cash dominating the market. Furthermore, Japanese banks typically issued “cash cards” to their customers, which were primarily intended for ATM withdrawals and basic ba ... Read More
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Pre-Paid Cards in Vietnam
Pre-Paid Cards in Vietnam The performance of pre-paid cards is supported by the growth of e-commerce – notably since the era of the pandemic. In fact, prior to 2020, transaction numbers in pre-paid cards were showing a negative performance, in sharp contrast to what is seen now. Furthermore, such de ... Read More
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