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

  • Consumer Lending in Austria

    ... the energy crisis broke out in 2022 and the war in Ukraine began. The European Central Bank’s key interest rate sat at historic lows of 0% for years, but saw a total of ten increases ... Read More

  • Credit Cards in Austria

    ... in both the number of transactions and transition value terms. These growth rates were significantly stronger than charge cards, almost as strong as debit cards. However, growth was also boosted by credit card transactions having ... Read More

  • Pre-Paid Cards in Austria

    ... of essentials such as food and petrol, gift cards became popular, allowing the recipient to fulfil their own wishes. Consumers preferred physical cards, while digital alternatives such as Wunschgutschein by Wunschgutschein GmbH remained a niche. ... Read More

  • Store Cards in Austria

    ... are unfamiliar with store cards, and the usage of revolving credit in payment cards is uncommon compared to overdraft facilities. Retailers and service providers, therefore, prefer to issue conventional loyalty cards without a payment function. ... Read More

  • Store Cards in the US

    ... inflation has crept down over the course of 2023 in the US, the price increases that have resulted remain significant, and many consumers are struggling to keep to monthly budgets at these higher prices. Access ... Read More

  • Charge Cards in Austria

    ... However, growth was at a slower pace compared to credit and debit cards, with debit cards having expanded its clear role as the most widely used payment card in Austria, while credit cards saw strong ... Read More

  • Charge Cards in the US

    ... all card types, with the return to travel remaining an important storyline – a significant area of strength for charge cards. One particular factor in favour of charge cards is their lack of ability to ... Read More

  • Financial Cards and Payments in the US

    ... Fed spent roughly 18 months in a constant dance of deciding whether to continue raising the federal funds rate. In its hopes of achieving the elusive “soft landing” – a reduction in inflation back to ... Read More

  • Pre-Paid Cards in the US

    ... emergence of the Omicron variant early in the year had a significant effect on the overall health of the nation. 2023 has seen no major named COVID-19 variant, and the number of companies that have ... Read More

  • Financial Cards and Payments in Austria

    ... accelerated the change, with consumers appreciating the contactless form of payment. As such, card payments are now possible in almost all commerce situations, with any transaction amount being socially accepted. In contrast, prior to COVID-19, ... Read More

  • Credit Cards in the US

    ... in the extreme outlier year of 2022, prices have still grown considerably, and some US consumers have been forced to rely on credit cards in order to help them make ends meet at the end ... Read More

  • Ireland Cards and Payments - Opportunities and Risks to 2027

    ... industry. It provides values and volumes for a number of key performance indicators in the industry, including cards, cash, credit transfer, mobile wallets, direct debits and cheques during the review-period (2019-23e). The report also analyzes ... Read More

  • New Zealand Cards and Payments - Opportunities and Risks to 2027

    ... cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cards, cash, credit transfer, direct debits and cheques during the review-period (2019-23e). The report also ... Read More

  • Financial Cards and Payments in the United Arab Emirates

    ... payment platforms or solutions in pre-paid cards that support digital payments. Consumers are motivated by the convenience of card and digital payments, and the rewards and cashback offered, which has significantly reduced cash usage in ... Read More

  • Global Gift Card Market 2024-2028

    ... market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the ... Read More

  • Charge Cards in the United Arab Emirates

    ... though transaction value is set to show growth across both the commercial and personal segments, given the shift to Sharia-compliant cards. Despite a slowing rate of decline for the number of charge cards in circulation, ... Read More

  • Credit Cards in the United Arab Emirates

    ... evolving consumer preferences, and the adoption of new technologies. The continued growth in the United Arab Emirates economy has continued to support consumer spending, coupled with the increased consumer preference for earning rewards and points ... Read More

  • Consumer Lending in the United Arab Emirates

    ... the momentum of consumer lending, but geopolitical tension and financial market turbulence may have an impact. The banking sector in the United Arab Emirates is expected to maintain a stable outlook for the remainder of ... Read More

  • In-Vehicle Payment Services Global Market Report 2024

    ... Type: Passenger Cars; Light Commercial Vehicles (LCVs); Heavy Commercial Vehicles (HCVs); Automated Guided Vehicles4) By Application: Shopping; Gas or Charging Stations; Food and Beverages; Toll Collection; ParkingCovering: Mastercard Inc.; The Mercedes-Benz Group AG; Jaguar Land ... Read More

  • Consumer Credit in the United Arab Emirates

    ... range and credit score of consumers, many banks are offering to convert available credit limits as loans with zero costs. With increasing appetite for investment among local residents, many consumers are looking at “Loan on ... Read More

  • Global Premium Metal Payment Card Market (2023 Edition)

    ... (2019-2029) Executive Summary Azoth Analytics has released a research report titled “Global Premium Metal Payment Card Market (2023 Edition)” which provides a complete analysis of the Global Premium Metal Payment Card industry in terms of ... Read More

  • Co-Branded Credit Cards in the US, 9th Edition

    ... offering a deeply detailed analysis of the industry specific dynamics affecting the performance of the largest co-branding partnership segments, consumers and the competitive and economic challenges shaping the industry. Rebounding successfully from the COVID-19 pandemic ... Read More

  • Plunkett's Banking, Mortgages & Credit Industry Almanac 2024: Banking, Mortgages & Credit Industry Market Research, Statistics, Trends and Leading Companies

    ... vital insights that can help shape strategy for business development, product development and investments. Key Features: Business trends analysis In-depth industry overview Technology trends analysis Forecasts Spending, investment, and consumption discussions In-depth industry statistics and ... Read More

  • France Alternative Lending Market Business and Investment Opportunities Databook – 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics - Q2 2023 Update

    ... According to PayNXT360, alternative lending market in the country is expected to grow by 22.4% on annual basis to reach US$5,911.5 million in 2023. Medium to long term growth story of alternative lending in France ... Read More

  • Finland Alternative Lending Market Business and Investment Opportunities Databook – 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics - Q2 2023 Update

    ... According to PayNXT360, alternative lending market in the country is expected to grow by 24.7% on annual basis to reach US$1,747.8 million in 2023. Medium to long term growth story of alternative lending in Finland ... Read More

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