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

  • Pre-Paid Cards in Singapore

    ... convenient payment solution for various modes of public transportation, but it has also garnered popularity among Singaporeans travelling abroad. EZ-link previously launched its digital wallet application, EZ-link Wallet, integrating the pre-paid card with users' mobile ... Read More

  • Credit Cards in South Africa

    ... as inflationary pressures, which have affected disposable incomes, credit cards are becoming a viable cushion used by consumers to navigate the South African economic crisis. From a supplier perspective, mounting impairment across the lending industry, ... Read More

  • Store Cards in South Africa

    ... rising cost of living, which continues to affect household disposable income. Demand for store cards has also benefited from improvements in integrated online payment frameworks, facilitating access to goods and services. A prominent example is ... Read More

  • Charge Cards in South Africa

    ... pandemic, the complete lifting of the state of emergency has since revived growth in charge cards. Demand has been more noticeable across higher-income consumer groups, whose activities and movements were restricted by extended travel bans ... Read More

  • Financial Cards and Payments in South Africa

    ... between issuers. Meanwhile, value transactions across categories such as debit cards are expected to be driven mainly by persisting inflationary pressure, which translates into higher costs of living and, subsequently, higher prices for essential products ... Read More

  • Pre-Paid Cards in South Africa

    ... as work and school. Growth in transaction values has also been supported by a spike in fuel prices alongside inflationary pressure, which is encouraging price-sensitive private car users to shift to more affordable forms of ... Read More

  • Global Online Payment Methods 2023

    ... online shopping adoption remains high. The anticipated growth of the global B2C E-Commerce payment value is expected to maintain a low double-digit CAGR through 2027. The usage of contactless cards is on the rise, with ... Read More

  • Consumer Lending in South Africa

    ... against major currencies. Economic growth has also been constrained by persisting inflationary pressures, partly prompted by the domino effect of the war in Ukraine, leading the South African Reserve Bank to increase interest rates for ... Read More

  • Consumer Credit in South Africa

    ... trend has been driven mainly by declining disposable incomes across high- and middle-income households, with more consumers relying on credit to get to the end of the month. As demand has risen, more retailers have ... Read More

  • Credit Cards in Spain

    ... including the lower APR (in most cases 0%, as opposed to 18% for credit cards), predictable repayment schedule and the convenience of using a payment method that is integrated into online platforms and apps. In ... Read More

  • Consumer Lending in Spain

    ... rates four times during 2022 and 2023, resulting in rising interest rates on mortgages and consumer credit. Euromonitor International's Consumer Lending in Spain report establishes the size and structure of the market for ATMs cards, ... Read More

  • Store Cards in Spain

    ... the rewards and credit possibilities that store cards offer. They are mainly used by retailers to increase customer loyalty and provide valuable data on spending habits, while consumers often perceive them as a way to ... Read More

  • Financial Cards and Payments in Portugal

    ... trend of replacing cash with card purchases persists in 2023 with cash losing share. Inflation rates and the ongoing recovery of tourism flows is boosting national consumer expenditure in 2023, with a decline in savings ... Read More

  • Charge Cards in Spain

    ... a longer tradition than credit cards in Spain. Euromonitor International's Charge Card Transactions in Spain report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, ... Read More

  • Embedded Finance Revolutionising Cross-Border Transaction

    ... transaction solutions, while local penetration in key markets globally is one of the key differentiators. FinTechs have been winning digital wallets, digital banks and other digital services, while incumbent operators expand to digital solutions to ... Read More

  • Pre-Paid Cards in Spain

    ... (Consorcio Transporte Madrid and Consorcio de Transportes de Bizkaia) continued to account for more than half of retail value sales of pre-paid cards in 2023. Apart from these two organisations, the leading players in pre-paid ... Read More

  • Global EMV POS Terminals Market 2024-2028

    ... EMV POS terminals 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 ... Read More

  • Consumer Lending in Portugal

    ... growth. BNPL, although representing a small share of other personal lending, is rising rapidly. Euromonitor International's Consumer Lending in Portugal report establishes the size and structure of the market for ATMs cards, smart cards, credit ... Read More

  • Consumer Credit in Portugal

    ... savings stashed during the pandemic diminish. In 2023 all areas are seeing positive growth, with the exception of gross lending in education lending. In auto lending credit demand is growing in 2023 both for new ... Read More

  • Store Cards in Portugal

    ... and high inflation rates. Although there are attractive benefits linked to store cards, such as the access to specific discounting campaigns and interest-free instalments, for example, store cards suffers from competition from credit cards thanks ... Read More

  • Consumer Credit in Spain

    ... launched their own BNPL programmes, including Banco Santander, CaixaBank and BBVA, as they encourage greater customer retention. Retailers like Media Markt, Decathlon, El Corte Inglés and H&M also now offer BNPL. However, the rise of ... Read More

  • Pre-Paid Cards in Portugal

    ... terms of number of cards in circulation. Economic recovery and the rise in tourism are sustaining the category and pushing up growth. In 2023, Lisbon metropolitan began to allow to contactless payments for tickets, through ... Read More

  • Charge Cards in Portugal

    ... by inflation and by the recovery of business, transaction value is surpassing 2019 levels. Euromonitor International's Charge Card Transactions in Portugal report establishes the size and structure of the market for ATMs cards, smart cards, ... Read More

  • Credit Cards in Portugal

    ... 2022, in 2023 credit cards is seeing slower growth than debit cards in terms of number of accounts thanks to personal credit cards. Rising interest rates amid economic uncertainty are limiting category growth. Still, average ... Read More

  • Financial Cards and Payments in Spain

    ... recover to 2019 levels, boosted by the recovery of travel and tourism. Euromonitor International's Financial Cards and Payments in Spain report establishes the size and structure of the market for ATMs cards, smart cards, credit ... Read More

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