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.
...Show More ...Show Less


Credit Cards Industry Research & Market Reports

  • Charge Cards in Israel

    ... to credit card usage. The rapid growth of e-wallets in Israel, with approximately a quarter of Israelis utilising them, according to a report by PPRO, a provider of digital payments infrastructure to businesses and banks, ... Read More

  • Consumer Credit in Italy

    ... approach towards borrowing. While the rate of inflation fell during the year, high unit prices continued to erode consumer confidence, as well as disposable incomes. At the same time, the poor economic climate led financial ... Read More

  • Credit Cards in Japan

    ... gaining popularity, but credit cards remain the most widely used. Commercial credit cards are becoming increasingly popular in Japan, due to their convenience and benefits. With the push from the government to accelerate towards a ... Read More

  • Charge Cards in Hungary

    ... and there are no indications that this situation will change. The last personal charge products in Hungary were withdrawn from circulation during 2012 and it is considered very unlikely that they will be reintroduced within ... Read More

  • Credit Cards in Hungary

    ... not renewed in 2023. Meanwhile, high interest rates, competitive products/services and regulatory issues hinder the higher prevalence of Buy-Now-Pay-Later (BNPL) solutions in Hungary. Euromonitor International's Credit Card Transactions in Hungary report establishes the size and ... Read More

  • Credit Cards in Chile

    ... to a significant shift towards cashless payments. Additionally, online banking has witnessed exponential growth, captivating an increasing number of customers and monthly visits. This transformation reflects evolving consumer preferences for modern financial practices. The allure ... Read More

  • Consumer Lending in Argentina

    ... offers a lucrative high-interest rate. This money is utilised by the national government for financing and to control excessive money circulation in the market, thereby averting speculation and potential escalation of the dollar's value. In ... Read More

  • Consumer Lending in Poland

    ... has caused a slowdown in the consumer credit sector. The high level of inflation has pushed up the cost of living and reduced the disposable income of potential borrowers, and thus their creditworthiness. Despite the ... Read More

  • Financial Cards and Payments in France

    ... goods (FMCGs), leading to widespread discounts, slashed prices, and in-store promotions. Although inflation looks to be stabilising somewhat through 2023, French consumers are not generally aware of these fluctuations and remain cautious in their purchases ... Read More

  • Financial Cards and Payments in Japan

    ... cashless payment ratio to 40% by 2025. Due to COVID-19, cashless payment transactions witnessed significant growth over the review period. Credit cards are playing a pivotal role in propelling the cashless payment trend in Japan. ... Read More

  • Financial Cards and Payments in Morocco

    ... countries worldwide to achieve this. According to the latest World Bank Global Findex, 44% of adults in Morocco now have access to the formal financial sector - up from just 29% in 2017. The National ... Read More

  • Consumer Credit in Sweden

    ... amid much uncertainty about the future. Auto lending, in particular took a hit in 2022, following a strong recovery in 2021. This was due to a shortage of electrical components, which saw the automotive industry ... Read More

  • Consumer Credit in the Philippines

    ... options, particularly salary-based general purpose loans. Meanwhile, the performances of some categories, such as auto and home lending, have come under pressure, partly due to the higher interest rates introduced during the year. Economists point ... Read More

  • Store Cards in Japan

    ... with high levels of skill and experience, and these order-takers visit customers’ houses regularly and take their orders directly from homes. This service is limited to a select few wealthier people. Gaisho cards are store ... Read More

  • Charge Cards in Sweden

    ... which started before the COVID-19 crisis, fewer and fewer people are attracted to personal charge cards, and there has been a constant decline in the number of cards in circulation in the country. Diners Club ... Read More

  • Consumer Credit in Chile

    ... In 2020, Chile introduced the Financial Portability Law (Portabilidad Financiera), which facilitates the switch of financial products, including existing loans, from one financial institution to another if it offers better credit terms to customers. This ... Read More

  • Store Cards in France

    ... notable factors here, along with the fact that French consumers typically try to limit their numbers of plastic cards (mainly in store cards and loyalty cards). Furthermore, French consumers tend to prefer charge cards and, ... Read More

  • Consumer Credit in Colombia

    ... a marked deceleration in the issuance of new loans across all credit categories. Furthermore, due to the financial struggles experienced by numerous households, the quality of delinquent loans held by financial institutions has worsened. Many ... Read More

  • Consumer Lending in Israel

    ... interest rate hikes have escalated mortgage and loan holding costs, causing financial strain for many struggling to meet their monthly payments. Furthermore, a notable government measure was passed in 2023, removing the ""reasonableness"" provision that ... Read More

  • Consumer Lending in the United Kingdom

    ... prices drove inflation in 2022, they have been gradually decreasing in 2023, and what is now driving continued high inflation is the country’s dramatic increase in the prices of food and non-alcoholic beverages. Nevertheless, consumer ... Read More

  • Consumer Lending in Egypt

    ... to an increase in both local and foreign currency liquidity, shifts in consumer behaviour, and a greater reliance on bank loans and credit to maintain current lifestyles, despite ongoing inflation rates and currency devaluation. Euromonitor ... Read More

  • Consumer Lending in the Philippines

    ... share of consumers also resorted to loans to manage their expenses. Notably, there has been a rise in loans, especially in credit cards and personal loans. The Bangko Sentral ng Pilipinas (BSP), the central bank ... Read More

  • Consumer Lending in Indonesia

    ... as a result of people's increased mobility since the end of the COVID-19 crisis, people's rising purchasing power (which is also being supported by the relaxation of COVID-19 related policies), especially for the middle-income segment, ... Read More

  • Consumer Lending in Taiwan

    ... of institutions holding significant liquid funds. Taiwanese consumers are increasingly open to borrowing credit, a trend driven by economic stability, technological advancements, and streamlined credit procedures. Euromonitor International's Consumer Lending in Taiwan report establishes the ... Read More

  • Financial Cards and Payments in Sweden

    ... start of the review period, its role diminished further during the pandemic due to consumer hygiene concerns, which led to an increase in contactless payments. At the same time, foreign spend with card-present transactions declined ... Read More

Research Assistance

Live help

Join Alert Me Now!

Sign Up

Find out more on our blog
Cookie Settings