Pre-paid cards are increasingly benefiting from Saudi Arabia's transition towards a cashless society. A notable example is the adoption of pre-paid payroll cards for domestic workers, ensuring timely payment and protecting wages from delays or disputes associated with cash payments. These cards offer employees the flexibility to withdraw their salaries via ATMs or use them for purchases at POS terminals through the mada network, the Kingdom’s national payment system. In addition to this, many lo...
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
December 2024
List Of Contents And Tables
PRE-PAID CARDS IN SAUDI ARABIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Pre-paid cards gain popularity in Saudi Arabia’s increasingly cashless society
Gifting culture presents opportunities for pre-paid cards
Mastercard expands partnerships to drive innovative digital payment solutions
PROSPECTS AND OPPORTUNITIES
Payroll and gifting pre-paid cards to drive continued growth
SAIB introduces EduPay Student Card to promote financial inclusion
Pre-paid fuel cards will contribute to growth
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