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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Pre-Paid Cards in India
... alternative products such as mobile payments via UPI, and further usage of digital wallets. Unified Payment Interface (UPI), which allows consumers to make payments to merchants by leveraging QR codes and facilitated easily via customers’ ... Read More
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Financial Cards and Payments in India
... Pradhan Mantri Jan Dhan Yojana (PMJDY) benefited in bringing a further proportion of the unbanked population as bank customers and the issuance of debit cards upon opening bank accounts became a crucial catalyst for significant ... Read More
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Prepaid Card Market Report: Trends, Forecast and Competitive Analysis to 2030
... and financial institution sectors. The global prepaid card market is expected to reach an estimated $5,385.6 billion by 2030 with a CAGR of 14.5% from 2024 to 2030. The major drivers for this market are ... Read More
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Switzerland Cards and Payments Market Opportunities and Risks to 2027
... It provides values and volumes for a number of key performance indicators in the industry, including ards,cash, credit transfers, mobile wallets, direct debits, and cheques during the review-period (2019–23e). The report also analyzes various payment ... Read More
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Alternative Data Market by Type (Credit & Debit Card Transactions, Email Receipts, Geo-location (Foot Traffic) Records), Industry (Automotive, BFSI, Energy) - Global Forecast 2024-2030
... in 2023 and expected to reach USD 8.47 billion in 2024, at a CAGR 38.59% to reach USD 60.48 billion by 2030. FPNV Positioning Matrix The FPNV Positioning Matrix is pivotal in evaluating the Alternative ... Read More
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Instalment Payment Solution Market by Product (Brick & Mortar Merchants, Ecommerce Merchants), Type (Credit Cards Installment Payment, Debit Cards Installment Payment), Application - Global Forecast 2024-2030
... USD 2.68 billion in 2023 and expected to reach USD 2.97 billion in 2024, at a CAGR 11.35% to reach USD 5.70 billion by 2030. Global Instalment Payment Solution Market FPNV Positioning Matrix The FPNV ... Read More
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Prepaid Card Market by Product (General Purpose Reloadable Card, Gift Card, Government Benefits & Disbursement Card), Type (Multi-Purpose Prepaid Card, Single-Purpose Prepaid Card), Application - Global Forecast 2024-2030
... at USD 25.27 billion in 2023 and expected to reach USD 28.58 billion in 2024, at a CAGR 13.54% to reach USD 61.50 billion by 2030. Global Prepaid Card Market FPNV Positioning Matrix The FPNV ... Read More
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Virtual Cards Market by Card (Credit Card, Debit Card), Product (B2B Virtual Cards, B2C Remote Payment Virtual Cards, C2B POS Virtual Cards), Application - Global Forecast 2024-2030
... USD 400.32 billion in 2023 and expected to reach USD 477.46 billion in 2024, at a CAGR 19.75% to reach USD 1,414.24 billion by 2030. Global Virtual Cards Market FPNV Positioning Matrix The FPNV Positioning ... Read More
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Bank Cards Market by Card Type (Charge Cards, Credit Cards, Debit Cards), Payment Transactions (ATM's, POS) - Global Forecast 2024-2030
... to reach USD 10.78 billion in 2024, at a CAGR 9.74% to reach USD 18.93 billion by 2030. Global Bank Cards Market FPNV Positioning Matrix The FPNV Positioning Matrix is pivotal in evaluating the Bank ... Read More
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Payment as a Service Market by Payment Type (Credit Card Payments, Debit Card Payments, Digital Wallet Payments), Service Type (Payment Gateway Services, Payment Processing Services, Payment Security and Fraud Management Services), Deployment Model, Enter
... End-User Industry - Global Forecast 2024-2030 The Pea Protein Market size was estimated at USD 297.85 million in 2023 and expected to reach USD 367.08 million in 2024, at a CAGR 23.33% to reach USD ... Read More
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Global Virtual Cards 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
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UK Cards and Payments - Opportunities and Risks to 2027
... cards and payments industry, including: Current and forecast values for each market in the British cards and payments industry, including debit, credit and charge cards. Detailed insights into payment instruments including cards, mobile wallets, credit ... Read More
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Prepaid Card Market – Global Industry Size, Share, Trends, Opportunity, and Forecast,
... with a CAGR of 14.6% through 2029. The prepaid card market is expected to exhibit high growth during the forecast period, owing to the convenience offered similar to that of a credit or debit card ... Read More
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Forex Prepaid Cards Market By Type (Single Currency Forex Card, Multi-Currency Forex Card), By End User (Retail, Corporate, Financial Institutions, Government, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
... a forex card, which is a prepaid card, to pay for purchases, lodging, and other expenses when traveling abroad. These are preloaded and take care of foreign currency requirements of the user. The card can ... Read More
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In-Vehicle Payment Services Market Share, Size, Trends, Industry Analysis Report, By Mode of Payment (NFC, QR Code/RFID, App/E-wallet, Credit/Debit Card), By Application (Parking, Shopping, Others), By Region, And Segment Forecasts, 2024 - 2032
... in-vehicle payment services market size is expected to reach USD 16.57 billion by 2032, according to a new study by Polaris Market Research. The report “In-Vehicle Payment Services Market Share, Size, Trends, Industry Analysis Report, ... Read More
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Consumer Credit in Austria
... been frugal with expenditure. Individuals are focused on meeting their immediate basic needs, which hindered demand for consumer credit in all areas. High interest rates also led consumers to postpone purchases on credit, a factor ... Read More
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Debit Cards in Austria
... heavily favoured for payments at the POS, with debit card consumers confident that there are no extra fees or hidden costs. The outbreak of COVID-19 boosted the shift from cash to cards further, with retailers ... Read More
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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
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Debit Cards in the US
... legitimate concern for those in the financial industry. A significant threat to card usage has been the growth of card skimming, which has hit debit cards particularly hard. Many advanced card skimming devices have found ... Read More
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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
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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
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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
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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
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Pre-Paid Cards in the United Arab Emirates
... payments. Mobile reloading options, such as bank transfers and mobile wallets, are becoming increasingly popular for pre-paid card top-ups. This trend is enhancing the convenience and accessibility of pre-paid cards, allowing users to reload their ... Read More
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Debit Cards in the United Arab Emirates
... embedding NFC (Near Field Communication) chips into debit cards, and enabling seamless contactless transactions. This trend has given a further boost to the issuance of new debit cards in 2023. Euromonitor International's Debit Card Transactions ... Read More
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