Pre-paid cards are benefitting from the Kingdom’s move towards a cashless society – especially so in certain areas. For example, as seen with the uptake of pre-paid cards for the payment of workers’ salaries, notably so for domestic workers. In this case, the Kingdom has been undertaking successful initiatives to ensure that domestic staff are paid electronically via pre-paid payroll cards. This is because of several scandals emerging with domestic staff not being paid, as cash payments were wit...
Euromonitor International's Pre-Paid Card Transactions in Saudi Arabia 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 Saudi Arabia
Euromonitor International
November 2023
List Of Contents And Tables
PRE-PAID CARDS IN SAUDI ARABIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Payroll-based pre-paid cards continue to attract attention
The culture of gifting supports other opportunities in pre-paid cards
Cashback incentives make pre-paid cards more attractive
PROSPECTS AND OPPORTUNITIES
Convenience continues to be a major selling point for pre-paid cards
The growth of digital banking and fintech platforms will continue to bolster pre-paid cards
Developments in the transport industry expected to bring forth transport cards
CATEGORY DATA
Table 1 Pre-paid Cards: Number of Cards in Circulation 2018-2023
Table 2 Pre-paid Cards Transactions 2018-2023
Table 3 Pre-paid Cards in Circulation: % Growth 2018-2023