Category: Banking & Financial Services
Europe Banking & Financial Services
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Pre-Paid Cards in Poland
... need by expanding the range of employee benefits. One example is a pre-paid lunch or nutrition card, which can usually be used in various locations and during business trips. Employers typically co-finance meals purchased on ... Read More
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Credit Cards in Norway
... 2022, fuelled by the return to offline retailers and a return to normal post-pandemic lifestyles, with inflation also playing a role by pushing up retail prices on goods and services. In 2023, credit card transaction ... Read More
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Store Cards in Norway
... become increasingly marginalised in Norway and represent less than 1% of all card payments in the country. On balance, store cards are less practical than debit or credit cards and there are more limited ways ... Read More
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Charge Cards in Romania
... flourishing in other card types, causing a stagnation in their development. The commercial sector dominates the charge card landscape, relying on a business-to-business approach to sustain its position. Small retailers often do not accept charge ... Read More
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Credit Cards in Poland
... closing credit card accounts. This trend can also be linked to the growing popularity of Buy Now Pay Later financial services in Poland. At the end of 2022, BNPL services were available in the majority ... Read More
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Debit Cards in Romania
... Clearing House) transactions continue to grow as consumer trust in these methods increases due to familiarity, appreciation for convenience and efficiency, and enhanced security measures. Additionally, debit cards are benefiting significantly from the rise in ... Read More
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Debit Cards in Sweden
... of debit cards is attributable to the high share of digital payments, the declining importance and use of cash and their ease of accessibility (even minors use them) versus credit cards. Indeed, there is almost ... Read More
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Pre-Paid Cards in France
... years, with the era of the pandemic seeing consumers allocate a part of their budgets (normally spent on outings and entertainment) to gift vouchers which could be used at a later date, namely when pandemic ... Read More
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Debit Cards in France
... Card Transactions in France report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in ... Read More
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Charge Cards in France
... which has taken some time to bounce back due to a period of hybrid events mixing online with physical options. However, physical MICE events resumed more strongly from mid-2022 and have accelerated further in 2023. ... Read More
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Charge Cards in Greece
... activities, and restrictions on travel and dining – vital areas for commercial charge card usage – were the primary contributing factors. However, as the situation returned to normalcy with a relaxation of epidemic measures and ... Read More
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Credit Cards in Denmark
... largely explained by inflation, particularly as the spend on credit cards is usually for more expensive items. It is different for debit cards, where the spend is mainly for everyday smaller purchases, and where consumers ... Read More
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Consumer Lending in Norway
... were boosted by the shift back to normal lifestyles post-pandemic, with credit sought out to fuel travel, new cars and other expenses. There was a steep increase in credit card usage and also an increase ... Read More
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Financial Cards and Payments in Poland
... of payment methods so that the consumer and merchant can choose the most convenient option for them. Despite the decrease in the share of cash transactions made in Poland, cash payments still remain significant. POS ... Read More
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Financial Cards and Payments in Greece
... a slower pace, attributed to the positive economic outlook and relative stability after successive crises. Tourism, a significant economic driver, continues to provide momentum to the market. A notable shift from cash to digital and ... Read More
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Consumer Lending in Romania
... the Russian invasion of Ukraine has collectively dampened Romanians' enthusiasm for consumer loans in 2023. Meanwhile, the escalating living costs have driven a significant surge in card lending as consumers seek to cover daily expenses, ... Read More
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Credit Cards in Romania
... instability has led to reduced non-essential spending, with some consumers postponing purchases until economic conditions become more certain, directly affecting credit card usage. Euromonitor International's Credit Card Transactions in Romania report establishes the size and ... Read More
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Charge Cards in Poland
... infrequently utilised and the number in circulation is facing long-term decline . Personal charge cards are now almost niche in Poland where they are considered old-fashioned. Consumers increasingly prefer credit cards which are more convenient ... Read More
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Consumer Lending in Sweden
... August 2022, the annual inflation rate soared to almost 10%, the highest in more than 30 years. With the prices of essential commodities such as electricity, fuel and food continuing to rise, as well as ... Read More
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Financial Cards and Payments in Romania
... a significant grey economy, and a widespread preference for cash transactions by both consumers and businesses. The prevalence of PoS terminals among merchants in Romania is below the EU average, further limiting the widespread adoption ... Read More
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Pre-Paid Cards in Greece
... driven by the proliferation of digital wallets, contactless transactions, and e-commerce. Specifically, there has been an increase in demand for virtual cards tailored for e-commerce transactions (even though debit cards have been established as the ... Read More
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Debit Cards in Greece
... transactions, and increasingly accounting for smaller, everyday transactions as consumers opt for their convenience. In 2022, the value of card transactions surpassed ATM withdrawals for the first time, and this trend persists in 2023, primarily ... Read More
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Debit Cards in Poland
... coming into contact with the COVID-19 virus. In 2023, the decline in cash payments is signified by the decrease in the number of ATMs in the country. Debit cards are now being accepted in small ... Read More
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Store Cards in Denmark
... inflation. Store cards have not kept up with technology innovations and this is leading to their decline. Euromonitor International's Store Card Transactions in Denmark report establishes the size and structure of the market for ATMs ... Read More
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Debit Cards in Hungary
... cards, and is especially dominant in smaller towns and villages where Takarékbank was traditionally strong. The bank currently serves over two million customers with the potential of cross-selling services and reducing the proportion of the ... Read More
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