Credit Cards Market Research Reports & Industry Analysis

A credit card can be used to purchase goods or services based on an agreement between the company issuing the card and the card holder. Companies assign a line of credit to the card holder, based on income and credit scores. The line of credit represents the maximum that the cardholder is allowed to borrow. The cardholder agrees to repay the lender for goods or services purchased on the card, and to make payments over time. In return for these privileges the credit card company charges interest on the balance which the card holder carries. Credit cards are a convenience service offered by a lending company. A credit card allows a limited loan to be made very quickly. Many consumers find carrying credit cards to be more convenient than carrying cash. Credit card companies may offer incentives to card holders, such as points to be redeemed for rewards such as airline tickets or products, or they may offer insurance or warranties on some types of products purchased with a credit card. Consumers who use credit cards may encounter some challenges. Introductory interest rates are normally low, but once the introductory period is over, fees and interest can be much higher. Rates may go up further if a payment is late or the credit card holder misses a payment. There are benefits to merchants who accept credit cards. A credit card transaction is more secure than some other forms of payment, such as a check. However, credit card transactions are subject to a commission, normally a percentage of the transaction total.
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Credit Cards Industry Research & Market Reports

  • Credit Card and Financial Processing - US Industry Market Research Report with Updated Analysis & Forecasts

    ... assessments of the industry in the United States with over 100+ data sets covering 2016-2029. This Kentley Insights report is full of industry insights including historical and forecasted market size, revenue and industry breakdowns by ... Read More

  • Credit Card Issuing - US Industry Market Research Report with Updated Analysis & Forecasts

    ... in the United States with over 100+ data sets covering 2016-2029. This Kentley Insights report is full of industry insights including historical and forecasted market size, revenue and industry breakdowns by product lines, size of ... Read More

  • Alternative Data Market - Global Outlook & Forecast 2024-2029

    ... industry is rapidly expanding, with alternative data emerging as a key driver of innovation and value creation. As organizations move beyond traditional data sets, they increasingly leverage alternative data to gain more granular insights into ... Read More

  • Consumer Credit in South Korea

    ... individuals with low credit scores, as credit card companies tend to offer loans with higher interest rates than commercial banks and other primary financial institutions. Short-term credit card lending, such as credit card loans and ... Read More

  • Credit Cards in the United Arab Emirates

    ... Arab Emirates, economic growth is currently driven by capital investment, technological progress, and a pro-business environment. These factors create a robust foundation for consumer spending and economic expansion. Euromonitor International's Credit Card Transactions in United ... Read More

  • Charge Cards in the United Arab Emirates

    ... Express Platinum Card, renowned for its elite status and exclusivity in Dubai, requiring substantial capital or a high income for qualification. Similarly, the JP Morgan Chase Reserve Card is also recognised as an elite charge ... Read More

  • Consumer Credit in the United Arab Emirates

    ... six months to assist residents and businesses impacted by historic floods. This deferral applied to personal and auto lending and featured no additional fees, interest, or increases to the principal amount. Euromonitor International's Consumer Credit ... Read More

  • Insurance Brokers & Agencies in the US - Industry Market Research Report

    ... growth during most of the period in addition to favorable legislation and positive trends in the insurance sector. The industry includes insurance brokers that represent the buyer instead of the insurance company and agencies which ... Read More

  • Financial Cards and Payments in the United Arab Emirates

    ... of new players, and a supportive regulatory environment. The Central Bank of the UAE has played a pivotal role in fostering the growth of digital payments, introducing initiatives such as the Wage Protection System and ... Read More

  • Financial Cards and Payments in South Korea

    ... evolve, 2024 has showcased how debit and credit card usage is adapting to these new realities while navigating personal finance challenges. Euromonitor International's Financial Cards and Payments in South Korea report establishes the size and ... Read More

  • Pre-Paid Cards in South Korea

    ... Pre-paid cards, especially those offered by fintech companies, are gaining popularity as more consumers turn to them for their flexibility and attractive benefits. One major reason for their growing adoption is that pre-paid cards come ... Read More

  • Credit Cards in South Korea

    ... companies – Shinhan, Samsung, Hyundai, KB Kookmin, Lotte, Hana, Woori, and BC Card – have reduced their interest-free instalment period to a maximum of five months. This is a sharp decline, as these benefits were ... Read More

  • Store Cards in South Korea

    ... financial card type accounting for the smallest share of volume and value transactions in South Korea in 2024. Volume and current value transactions are expected to continue to grow in 2024, although only at low ... Read More

  • Credit Cards in the United Kingdom

    ... growth of credit card transactions post-pandemic has been driven by delayed spending, as consumers attempt to make up for lost time with funding house improvements, holidays, and other experiences, such as purchasing tickets to worldwide ... Read More

  • Financial Cards and Payments in the United Kingdom

    ... has begun to improve. This has been a contributing factor to the ongoing expansion of financial card payments in the UK, with a rise in the number of financial cards in circulation as well as ... Read More

  • Store Cards in the United Kingdom

    ... 10% and 12% declines in volume and value transactions, respectively. Due to the limited usage of store cards in the local market - linked to purchases from a specific retailer or retail group - and ... Read More

  • Charge Cards in the United Kingdom

    ... cost-of-living crisis. However, as the economy has stabilised, with inflation falling to 2% in May 2024, charge card usage has resumed its historical declining trend. The main reason is that these types of cards are ... Read More

  • Store Cards in Japan

    ... exceptional skills and experience who regularly visit customers’ homes to take orders directly. This service is exclusive to a select group of affluent individuals. Gaisho cards, held by patrons of the Gaisho service, can only ... Read More

  • Financial Services Global Market Opportunities And Strategies To 2033

    ... Business3) By End User: Individuals; Corporates; Government; Investment InstitutionCovering: Berkshire Hathaway Inc.; Allianz; JPMorgan Chase & Co; Ping An Insurance Company of China, Ltd; Axa S.A. Financial Services Global Market Opportunities And Strategies To 2033 ... Read More

  • Buy Now Pay Later in Australia - Industry Market Research Report

    ... now pay later (BNPL) services have emerged to challenge traditional credit cards and short-term loans. Convenient BNPL services have been well integrated into the buying cycle, as consumers, particularly younger demographics, embrace payment instalments at ... Read More

  • Consumer Credit in Australia

    ... growing across most categories, apart from card lending. In particular, after a notable decline of 17% in 2023, the value of gross lending on education has recovered in 2024. Statistics reported by the Australian Department ... Read More

  • Fuel Cards Global Market Opportunities And Strategies To 2033

    ... Light FleetCovering: Shell plc.; Exxon Mobil Corporation; BP p.l.c.; China Petroleum and Chemical Corporation (SINOPEC); TotalEnergies SE Fuel Cards Global Market Opportunities And Strategies To 2033 from The Business Research Company provides the strategists; marketers ... Read More

  • Financial Cards and Payments in Japan

    ... In terms of financial cards, both debit cards, which minimise worries of overspending, and credit cards, which are becoming increasingly convenient due to the expansion of contactless payment options, are extending their use. The spread ... Read More

  • Pre-Paid Cards in Japan

    ... of pre-paid card transaction value by issuer and operator in Japan in 2024. The company is making moves to strengthen customer loyalty, with Suica as one of its mainstays. Euromonitor International's Pre-Paid Card Transactions in ... Read More

  • Consumer Credit in Japan

    ... the country’s younger generation, who often do not have credit cards, and therefore see BNPL as a handy alternative. Consequently, new BNPL service providers are continuously emerging in the Japanese market, drawn in by its ... Read More

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