While pre-paid cards in Colombia saw transactions grow at robust rates in volume and current value terms in 2024, total circulation numbers remained static. The latter result was mainly attributable to the diminishing appeal of open loop pre-paid cards, which are increasingly being superseded by debit and credit cards, digital wallets and electronic transfers. This is particularly true of so-called compensation fund cards, which have historically been used by employers to disburse various benefi...
Euromonitor International's Pre-Paid Card Transactions in Colombia 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.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Pre-Paid 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.
Pre-Paid Cards in Colombia
Euromonitor International
January 2025
List Of Contents And Tables
PRE-PAID CARDS IN COLOMBIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Total circulation numbers stagnate as need for compensation fund cards declines
Cryptocurrency is an emerging growth area in pre-paid cards
Use of pre-paid cards for digital transactions continues to rise
PROSPECTS AND OPPORTUNITIES
Use of closed loop transportation cards will continue to be the main growth driver
Open loop pre-paid cards set to remain a popular choice for remittances
Digitalisation trend expected to gain momentum
CATEGORY DATA
Table 1 Pre-paid Cards: Number of Cards in Circulation 2019-2024
Table 2 Pre-paid Cards Transactions 2019-2024
Table 3 Pre-paid Cards in Circulation: % Growth 2019-2024