Global Virtual Cards Market: 2025-2029 Full Research Suite

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $5,502	107 Pages	Juniper Research	March, 2025	JNRH19878048

Best Price Guarantee
Price	from $5,502
Length	107 Pages
Publisher	Juniper Research
Published Date	March, 2025
SKU	JNRH19878048

Our Virtual Cards research suite provides a comprehensive and in-depth analysis of the role of virtual cards in the digital payments landscape; enabling stakeholders such as businesses, financial institutions, card networks and fintechs to understand future growth, key trends and the competitive environment. The report evaluates the features of virtual cards, highlights key market trends, and examines regional progress in virtual card adoption.

The suite includes several different options that can be purchased separately, including access to data mapping the future growth of virtual cards, an insightful study uncovering the latest trends and opportunities within the financial markets, and a document containing extensive analysis of the 18 market leaders facilitating virtual card provision. The coverage can also be purchased as a Full Research Suite, containing all these elements, at a substantial discount.

This report serves as an essential resource for understanding the rapidly evolving virtual cards market, empowering stakeholders to shape effective future strategies. With its comprehensive insights and extensive coverage, this research suite is an invaluable tool for navigating and planning in a fast-growing landscape.

Please note: the online download version of this report is for a global site license.

1. Market Summary: 1.1 Key Takeaways; 1.1.1 B2B Payments and Healthcare Industry are Significant Markets; 1.1.2 Mid-market Businesses are a Key Focus; 1.1.3 Virtual Cards Face Strong Competition from Other Payment Methods; 1.2 Strategic Recommendations; 1.2.1 Virtual Card Vendors Should Partner with Telecoms Companies to Expand Reach; 1.2.2 Integrate Carbon Tracking Software; 1.2.3 Provide an End-to-end Experience for Businesses
2. Market Summary: 2.1.1 Introduction; 2.1.2 Key Features of Virtual Cards; Figure 2.1: Key Features of Virtual Cards; 2.1.3 Key Actors Involved in Virtual Cards; 2.1.4 Token Service Provisioning: Digital Cards; 2.1.5 Virtual vs Physical Cards; Figure 2.2: Virtual vs Physical Card Differences; 2.2 Key Trends; 2.2.1 Apple Cash; Figure 2.3: Apple Cash; 2.2.2 Tokenisation Blurs the Line Between Virtual and Physical Cards; 2.2.3 Easy Integration Simplifies Institutional Adoption of Virtual Cards; 2.2.4 How Will Other Payment Methods Challenge Virtual Cards?; i. A2A payments; ii. Cash; iii. Mobile Money
3. Sector Analysis: 3.1 B2B Sector Analysis; Figure 3.1: B2B Use Cases for Virtual Cards; 3.1.1 Travel & Expense; 3.1.2 Supply Chain; 3.1.3 Fleet; 3.1.4 Healthcare; 3.1.5 Gig Economy; 3.1.6 Real Estate; 3.1.7 Travel Agencies; 3.1.8 Government; 3.1.9 Payroll; 3.1.10 Consumer Sector; i. Energy Bills & Utilities; ii. eCommerce
4. Country Readiness Index: 4.1 Introduction to Country Readiness Index; Figure 4.1: Virtual Cards Country Readiness Index: Regional Definitions; Figure 4.2: Juniper Research Country Readiness Scoring Index: Virtual Cards; Figure 4.3: Juniper Research Country Readiness Index: Virtual Cards; Figure 4.4: Virtual Cards Country Readiness Index: Market Segments; 4.2 Focus Market; i. Strong B2B Sectors; Figure 4.5: Total Virtual Card Transactions (m), Split by Seven Key Focus Markets,; 2025-2029; ii. The US: Focus Market; iii. Focus Market: India; 4.3 Growth Markets; Figure 4.6: Total Virtual Card Transactions (m), Split by Growth Markets, 2025-; 2029; i. Development in Digital & Physical Infrastructure; 4.4 Saturated Markets; Figure 4.7: Total Virtual Card Transactions (m), Split by Eight Key Saturated; Markets, 2025-2029; i. Entrenched Competition from Instant Payment Services; ii. Pockets of Growth; 4.5 Developing Markets; Figure 4.8: Total Virtual Card Transactions (m), Split by Key Developing Markets,; 2025-2029; i. Low Investment in Payments Innovations; ii. Prevalence of Mobile Money; Table 4.9: Juniper Research’s Country Readiness Index Heatmap: North America; Table 4.10: Juniper Research’s Country Readiness Index Heatmap: Latin America; Table 4.11: Juniper Research’s Country Readiness Index Heatmap: West Europe; Table 4.12: Juniper Research’s Country Readiness Index Heatmap: Central &; Eastern Europe; Table 4.13: Juniper Research’s Country Readiness Index Heatmap: Far East &; China; Figure 4.14: Juniper Research’s Country Readiness Index Heatmap: Indian; Subcontinent; Figure 4.15: Juniper Research’s Country Readiness Index Heatmap: Rest of Asia; Pacific; Table 4.16: Juniper Research’s Country Readiness Index Heatmap: Africa &; Middle East
1. Competitor Leaderboard: 1.1 Why Read This Report; Figure 1.1: Juniper Research Competitor Leaderboard Vendors: Virtual Cards; Figure 1.2: Juniper Research Competitor Leaderboard: Virtual Cards; Figure 1.3: Juniper Research Competitor Leaderboard: Virtual Card Vendor Ranking; Table 1.4: Juniper Research Competitor Leaderboard Virtual Cards – Heatmap ..
2. Company Profiles: 2.1 Virtual Card Vendor Profiles; 2.1.1 Adyen; i. Corporate; ii. Geographic Spread; iii. Key Clients & Strategic Partnerships; iv. High-level View of Offerings; v. Juniper Research’s View: Key Strengths and Strategic Development Opportunities; 2.1.2 Airwallex; i. Corporate; ii. Geographical Spread; iii. Key Clients & Partnerships; iv. High-level View of Offerings; v. Juniper Research’s View: Key Strengths and Strategic Development Opportunities; 2.1.3 American Express; i. Corporate; ii. Geographic Spread; iii. Key Clients & Partnerships; iv. High-level View of Offerings; v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities; 2.1.4 Conferma; i. Corporate; ii. Geographic Spread; iii. Key Clients & Strategic Partnerships; iv. High-level View of Offerings; v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities; 2.1.5 Discover; i. Corporate; ii. Geographic Spread; iii. Key Clients & Strategic Partnerships; iv. High-level View of Offerings; v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities; 2.1.6 Enfuce; i. Corporate; ii. Geographic Spread; iii. Key Clients & Strategic Partnerships; iv. High-level View of Offerings; v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities; 2.1.7 Flutterwave; i. Corporate; ii. Geographic Spread; iii. Key Clients & Strategic Partnerships; iv. High-level View of Offerings; v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities; 2.1.8 Nexi Group; i. Corporate; Figure 2.1: Nexi Group’s Financial Snapshot, (€bn), 2020-2023; ii. Geographic Spread; iii. Key Clients & Strategic Partnerships; iv. High-level View of Offerings; v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities; 2.1.9 Marqeta; i. Corporate; ii. Geographic Spread; iii. Key Clients & Strategic Partnerships; iv. High-level View of Offerings; v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities; 2.1.10 Mastercard; i. Corporate; ii. Geographic Spread; iii. Key Clients & Strategic Partnerships; iv. High-level View of Offerings; v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities; 2.1.11 Payhawk; i. Corporate; ii. Geographic Spread; iii. Key Clients & Strategic Partnerships; iv. High-level View of Offerings; v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities; 2.1.12 Pleo; i. Corporate; ii. Geographic Spread; iii. Key Clients & Strategic Partnerships; iv. High-level View of Offerings; Figure 2.2: Pleo’s Company Spending Dashboard; v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities; 2.1.13 Stripe; i. Corporate; ii. Geographic Spread; iii. Key Clients & Strategic Partnerships; iv. High-level View of Offerings; v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities; 2.1.14 Visa; i. Corporate; ii. Geographic Spread; iii. Key Clients & Strategic Partnerships; iv. High-level View of Offerings; v. Juniper Research’s View: Key Strengths & Strategic Development Opportunities; 2.1.15 Wallester; i. Corporate; ii. Geographic Spread; iii. Key Clients & Strategic Partnerships; iv. High-level View of Offerings; v. Juniper Research’s View: Key Strengths & Strategic Development; Opportunities; 2.1.16 WEX; i. Corporate; ii. Geographic Spread; iii. Key Clients & Strategic Partnerships; iv. High-level View of Offerings; v. Juniper Research’s View: Key Strengths & Strategic Development; Opportunities; 2.1.17 Wise; i. Corporate; ii. Geographic Spread; iii. Key Clients & Strategic Partnerships; iv. High-level View of Offerings; Figure 2.3: Wise Dashboard Example; v. Juniper Research’s View: Key Strengths & Strategic Development; Opportunities; 2.2 Juniper Research Leaderboard Assessment Methodology; 2.2.1 Limitations & Interpretations; Table 2.4: Juniper Research Leaderboard Assessment Criteria: Virtual Cards; 2.3 Related Research
1. Market Overview: 1.1.1 Introduction; 1.1.2 Methodology & Assumptions; Figure 1.1: B2C Virtual Cards Forecast Methodology; Figure 1.2: B2B Virtual Cards Forecast Methodology
2. Market Forecast: 2.1 Global Virtual Cards Forecast; 2.1.1 Virtual Cards Transaction Volume; Figure and Table 2.1: Virtual Card Transaction Volume (m), 2025-2029, Split by; Sector; 2.1.2 Virtual Cards Transaction Value; Figure and Table 2.2: Virtual Card Transaction Value ($bn), Split by Sector, ($b),; 2025-2029; 2.1.3 Total Virtual Card Revenue; Figure and Table 2.3: Total Virtual Card Revenue ($bn), Split by Sector, 2025-; 2029
3. B2B Virtual Cards Forecast: 3.1 B2B Virtual Cards; 3.1.1 B2B Transaction Volume; Figure and Table 3.1: B2B Transaction Volume per annum (m), Split by Region,; 2025-2029; Table 3.2: B2B Virtual Card Transaction Volume per annum (m), Split by; Industry Segments, 2025-2029; 3.1.2 B2B Virtual Card Spend; Figure and Table 3.3: B2B Virtual Card Spend per annum ($bn), Split by Region,; 2025-2029; Figure 3.4: B2B Value of Virtual Card Transactions per annum ($m), Split by; Industry Segments, 2025-2029; 3.1.3 B2B Virtual Card Revenue; Figure and Table 3.5: B2B Virtual Card Revenue per annum ($bn), Split by; Region, 2025-2029; Figure 3.6: B2B Virtual Card Revenue per annum ($bn), Split by Sector, 2025-; 2029
4. B2C POS Virtual Cards Forecast: 4.1.1 B2C POS Virtual Card Transaction Volume; Figure and Table 4.1: B2C POS Virtual Card Transaction Volume (m), Split by; Region, 2025-2029; 4.1.2 B2C POS Virtual Card Transaction Value; Figure and Table 4.2: Total B2C POS Virtual Card Transaction Value ($m), Split; by Region, 2025-2029; 4.1.3 B2C POS Virtual Card Revenue; Figure and Table 4.3: Total B2C POS Virtual Card Transaction Revenue per; annum ($m), Split by Region, 2025-
5. B2C Remote Virtual Cards: 5.1.1 B2C Remote Virtual Card Volume; Figure and Table 5.1: Total B2C Remote Virtual Card Transaction Volume per; annum (m), Split by Region, 2025-; 5.1.2 B2C Remote Virtual Card Value; Figure and Table 5.2: Total B2C Remote Virtual Card Value ($m), Split by; Regions, 2025-2029; 5.1.3 B2C Remote Virtual Card Revenue; Figure and Table 5.3: Total B2C Remote Virtual Card Revenue ($m), Split by; Region, 2025-2029