Debit Cards Market Research Reports & Industry Analysis
Debit cards have become so widespread they have almost replaced checks and are even increasingly used in place of cash. Debit cards are used quite often to make purchases over the internet or via telephone, similar to a credit card. However, debit cards are different from credit cards in that the funds are immediately transferred rather than paid back at a future date.
Another feature of debit cards is that they are used at an automated teller machine or ATM to withdraw money from a bank account. Also, some merchants will allow customers making purchases with a debit card to get “cash back” or withdraw money from their account as well.
One significant difference between using a debit card at a point of purchase is the necessity of a PIN or personal identification number. This is required for security purposes when withdrawing money from an ATM or making a purchase at a merchant. A benefit of using a debit card over a credit card is the lack of extra charges. While a credit card may charge high fees and have interest rates, a debit card allows a user to make transactions at virtually no charge.
Debit Cards Industry Research & Market Reports
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Revenue Forecasts to (2031) and Analytics for the Credit & Debit Card Issuing (U.S.): Financial Benchmarks, Metrics, P&L, KPIs, NAIC 522210
... Financial Benchmarks, Metrics, P&L, KPIs, NAIC 522210 Vital industry-specific data including metrics, benchmarks, historic numbers, growth rates and forecasts that will save countless hours of research. Key Findings: Credit & Debit Card Issuing Industry (U.S.) ... Read More
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Debit Cards in Thailand
... for cash withdrawals, with in-store and online purchases accounting for only a small fraction of transactions. However, many banks now offer cardless cash withdrawals through mobile banking apps, allowing customers to access cash at ATMs ... Read More
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Pre-Paid Cards in Thailand
... the launch of major office building projects, and reduced fares for MRT and BTS services under the new government’s economic stimulus programme. The introduction of the MRT Yellow and Pink Lines has played a significant ... Read More
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Financial Cards and Payments in Vietnam
... growing consumer awareness of the benefits of digital payments, such as enhanced convenience, improved security, simplified record-keeping, and easier online shopping experiences. Financial cards also offer attractive incentives, including discounts and cashback rewards, while promoting ... Read More
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Pre-Paid Cards in Vietnam
... cards for their purchases. These cards offer a convenient, cashless payment option and are especially attractive because they require no financial assessment or existing bank account. Pre-paid cards also provide an effective way to manage ... Read More
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Debit Cards in Spain
... management, businesses prefer to make payments through charge cards and credit cards. Banks also offer more perks to businesses to use credit and charge cards, such as discounts in partner business organisations. Euromonitor International's Debit ... Read More
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Pre-Paid Cards in Spain
... and digital wallets. The pre-paid cards of Mastercard for Sociedad Estatal Correos y Telegrafos SA (Correos), the postal service and courier for Spain, also allow instant money transfers between two cards. Indeed, Correos is partnering ... Read More
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Debit Cards in Vietnam
... customer benefits. Local banks such as Techcombank, VP Bank, and Vietcombank have incentivised the use of debit cards for payments through cashback offers, discounts, and other cost-saving perks, making them a popular choice for consumers. ... Read More
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Financial Cards and Payments in Spain
... finances, whereas the continued cost-of-living crisis means consumers are seeking financial options to help them manage their expenses. Also, according to Financial Planning and Analysis (FP&A) experts, who study both qualitative and quantitative trends in ... Read More
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New Zealand Cards and Payments: Opportunities and Risks to 2028
... payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, direct debits, credit transfer, and card during the review-period (2020-24e). The report also analyzes various payment ... Read More
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Global Virtual Cards Market 2025-2029
... 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 latest ... Read More
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Pre-Paid Cards in Malaysia
... strongly promoting the adoption of digital payments to enhance efficiency and streamline financial transactions across various sectors. Pre-paid cards offer a solution for people who are unbanked, enabling them to access a wide range of ... Read More
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Debit Cards in Malaysia
... increasing consumer adoption of digital payments, alongside expanding merchant acceptance of card transactions. With more businesses across Malaysia installing point-of-sale (POS) terminals, debit cards are becoming a convenient and secure alternative to cash payments. Euromonitor ... Read More
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Financial Cards and Payments in Malaysia
... shift toward a cashless society, fuelled by advancements in digital payment infrastructure and changing consumer preferences. Younger, tech-savvy Malaysians are a significant driver of this trend, with convenience and security among the top motivators for ... Read More
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Debit Cards in Taiwan
... Taiwan in 2024. This trend suggests a move towards more frequent but lower value transactions, reflecting a shift in consumer behaviour towards using debit cards for everyday purchases and expenses. Euromonitor International's Debit Card Transactions ... Read More
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Pre-Paid Cards in Taiwan
... different consumer preferences. Notably, while digital wallets offer convenience and efficiency, they often lack the ability to link to popular pre-paid cards such as EasyCard, which is a widely utilised transportation card in Taiwan that ... Read More
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Pre-Paid Cards in the Philippines
... increasingly offering pre-paid cards as an alternative to traditional debit and credit cards, especially for individuals who may not have access to or prefer not to use credit cards. These pre-paid products are more accessible ... Read More
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Credit Cards in the Philippines
... Bank have expanded their credit card offerings, aligning with customers' evolving needs. In particular, the growing interest in travel among Filipinos has fuelled the popularity of travel-focused credit cards. Metrobank, for instance, has launched products ... Read More
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Financial Cards and Payments in Argentina
... the previous year. Growth in the number of cards in circulation has also slowed, albeit at a gentler pace. The downturn reflects the extremely challenging economic environment that has resulted from sweeping reforms undertaken by ... Read More
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Financial Cards and Payments in the Philippines
... to gain ground. This trend is driven not only by the increased availability and accessibility of financial cards but also by broader economic factors, such as the growing middle class, expanding digital infrastructure, and the ... Read More
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Debit Cards in the Philippines
... by the convenience they offer and the country’s expanding digital infrastructure. This shift towards digital payments is particularly evident among younger and more affluent Filipinos, many of whom now go more than a week without ... Read More
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Debit Cards in Argentina
... categories, the slowdown is partly explained by increasing maturity, but also reflects reduced spending by consumers and companies amidst the extremely challenging economic conditions that have resulted from radical and far-reaching fiscal reforms undertaken by ... Read More
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Pre-Paid Cards in Saudi Arabia
... protecting wages from delays or disputes associated with cash payments. These cards offer employees the flexibility to withdraw their salaries via ATMs or use them for purchases at POS terminals through the mada network, the ... Read More
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Pre-Paid Cards in Chile
... is likely to continue, positioning open loop cards as the preferred payment method. In contrast, closed loop cards are in steady decline, largely attributed to the superior convenience and flexibility of their open loop counterparts. ... Read More
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Debit Cards in Saudi Arabia
... as the absence of interest charges, more accessible approval processes, and fewer income-based requirements. These features make debit cards more appealing to a wide range of consumers, especially in a time of economic uncertainty. Euromonitor ... Read More
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