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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Spain Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... increased at a CAGR of 6.0% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 10.1%, increasing from US$11.27 billion in 2022 to reach US$16.55 ... Read More
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Turkey Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... Turkish economy saw a transformation in the payment trends. Notably, the Turkish payment market aims to become cashless by 2023. Also, the Turkish financial authorities are taking various initiatives to drive e- payments, such as ... Read More
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Europe Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... increased at a CAGR of 8.5% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 10.3%, increasing from US$251.53 billion in 2022 to reach US$372.77 ... Read More
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Global Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... at a CAGR of 9.2% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 11.5%, increasing from US$1533.37 billion in 2022 to reach US$2370.75 billion ... Read More
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Africa & Middle East Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... terms) in Africa & Middle East increased at a CAGR of 10.8% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 13.7%, increasing from US$56.52 ... Read More
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Philippines Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... in the Philippines in the last four to six quarters. According to PayNXT360’s Q4 2021 Global Prepaid Card Survey, close to 38% of the consumers started using digital payment methods for the first time since ... Read More
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United Arab Emirates Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... in the United Arab Emirates (the UAE) increased at a CAGR of 9.4% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 13.1%, increasing from ... Read More
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United Kingdom Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... the United Kingdom increased at a CAGR of 8.7% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 10.5%, increasing from US$43.91 billion in 2022 ... Read More
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Asia Pacific Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... Asia Pacific increased at a CAGR of 9.8% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 12.0%, increasing from US$598.83 billion in 2022 to ... Read More
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Belgium Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... increased at a CAGR of 11.2% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 10.3%, increasing from US$4.66 billion in 2022 to reach US$6.91 ... Read More
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Canada Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... in Canada. During this period many fintech companies implemented business strategies for the launch of innovative prepaid card solutions such as payroll cards, remittance cards, gift cards, etc., which have driven the prepaid card market ... Read More
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Poland Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... increased at a CAGR of 10.0% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 11.2%, increasing from US$5.53 billion in 2022 to reach US$8.45 ... Read More
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Singapore Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... usage gradually. The country observed many fintech companies expand their business during 2021. Conventional banks are also focusing on digital wallets and innovative prepaid cards to compete against the new-age fintech companies. The strong growth ... Read More
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Thailand Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... increased at a CAGR of 10.5% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 16.3%, increasing from US$11.71 billion in 2022 to reach US$21.42 ... Read More
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Saudi Arabia Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... by almost 75%. Additionally, the strong e-commerce market’s growth also acted as a tailwind in the growth of the prepaid card market in Saudi Arabia. Notably, usage of digital wallets and prepaid cards in e-commerce ... Read More
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Argentina Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... increased at a CAGR of 7.9% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 17.0%, increasing from US$6.08 billion in 2022 to reach US$11.39 ... Read More
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China Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... the demand for prepaid cards is also increasing. The country has witnessed different prepaid card product launches in the last eight quarters, such as crypto-based prepaid cards, contactless transit cards, etc. Moreover, the Chinese government ... Read More
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India Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... changing digital landscape of the country, various fintech companies are either engaging in business expansion through partnerships or developing innovative solutions targeting various sets of consumers. With a future-looking mindset, these companies are likely to ... Read More
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Ireland Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... increased at a CAGR of 10.9% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 10.9%, increasing from US$2.74 billion in 2022 to reach US$4.15 ... Read More
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Japan Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... consumers shifted towards cashless payments in Japan. Moreover, the millennials of Japan are becoming a more significant part of the consumer economy. They have been demanding a transition to match their tech-friendly habits, which further ... Read More
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Kenya Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... increased at a CAGR of 19.0% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 20.1%, increasing from US$1.70 billion in 2022 to reach US$3.53 ... Read More
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Russia Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... increased at a CAGR of 8.7% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 12.8%, increasing from US$22.47 billion in 2022 to reach US$36.37 ... Read More
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Brazil Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... global pandemic fueled this substantial growth in the prepaid card segment. With more people staying at home and resorting to e-commerce during the Covid-19 pandemic, the use of prepaid cards on online transactions surged significantly. ... Read More
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Chile Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... increased at a CAGR of 11.7% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 15.0%, increasing from US$4.49 billion in 2022 to reach US$7.87 ... Read More
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Finland Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... increased at a CAGR of 7.6% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 8.0%, increasing from US$3.22 billion in 2022 to reach US$4.38 ... Read More
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