Category: Credit Cards
Africa Credit Cards
-
POS Terminal in Middle East & Africa
... also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights POS Terminal is a device that merchants use to process payments and complete customer ... Read More
-
Financial Cards and Payments in Middle East and Africa
... to advance, cash still remains important in many countries, especially the African nations. However, electronic and card payments are expected to continue gaining ground in the coming years, particularly given the stated ambitions of many ... Read More
-
Egypt Mobile Payments - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029
... USD 157.86 billion by 2029, growing at a CAGR of 16.76% during the forecast period (2024-2029). A mobile payment, also known as mobile money, mobile money transfer, or mobile wallet, is any of several payment ... Read More
-
Africa Online Payment Methods 2024
... Africa demonstrated the highest volume of mobile money transactions among African regions, while Northern Africa exhibited the lowest, highlighting a notable contrast in digital payment adoption across the continent, as per the findings of the ... Read More
-
Credit Cards in Nigeria
... net-worth individuals owning credit cards. Also, due to the instability of the naira, many credit cards are denominated in dollars. In 2023, credit cards is expected to register growth both in number of cards, as ... Read More
-
Pre-Paid Cards in Nigeria
... transaction value is expected to fall in 2023, as inflation remains very high. There is little awareness of pre-paid cards and most open loop cards are in foreign currency. Closed loop cards dominate, though open ... Read More
-
Charge Cards in Morocco
... - the core feature of charge cards - is a major incentive for local consumers in the face of increased pressure on purchasing power in 2023. As such, cardholders will not pay more than the ... Read More
-
Credit Cards in Egypt
... surge further in the coming period, largely fuelled by the availability of multiple instalment plans offered by various banks and platforms. The Central Bank of Egypt (CBE) reported approximately five million credit cards in circulation ... Read More
-
Consumer Credit in Nigeria
... stabilise the economy, including ending a decades-old petrol subsidy that has seen prices triple and has also ended restrictions on foreign exchange, which has significantly weakened the naira. In addition, in order to stem inflation, ... Read More
-
Financial Cards and Payments in Nigeria
... as there was insufficient supply of the newly designed naira. As a result, in March, the Central Bank was forced to extend the timeline to swap its old currency for redesigned notes. This deadline is ... Read More
-
Financial Cards and Payments in Egypt
... in new account openings. Government initiatives to boost financial inclusion and reduce cash reliance have significantly benefitted the industry. All governmental entities are now fully digitised, accepting a wide array of card payments and digital ... Read More
-
Consumer Credit in Egypt
... banks, over 280,000 agents, and a user base exceeding 49 million. MnT Halan claimed the fourth position, focusing primarily on small and micro businesses, and showcasing approximately 1.5 million monthly active users and over 2.5 ... Read More
-
Credit Cards in Morocco
... among locals for several reasons. The demand for credit cards remains relatively low as Moroccans typically seek financial stability and local culture favours spending only money already in one’s possession. In addition, the application process ... Read More
-
Charge Cards in Egypt
... transaction volumes, or market share expected over the forecast period, reflecting a challenging outlook for this category in the Egyptian market. In this unpropitious landscape, American Express stands as the predominant player, maintaining its key ... Read More
-
Consumer Lending in Morocco
... impacting purchasing power across households. This trend has intensified with rising interest rates and as a result, the demand for consumer lending facilities has become subdued, while repayment trends exhibited longer periods of more than ... Read More
-
Consumer Credit in Morocco
... shrunk due to the worst drought in decades, directly affecting the sector’s demand for workers. Unemployment is more acute among young people aged 15 to 24. Meanwhile, among graduates specifically, unemployment averaged 20%, and among ... Read More
-
Financial Cards and Payments in Morocco
... countries worldwide to achieve this. According to the latest World Bank Global Findex, 44% of adults in Morocco now have access to the formal financial sector - up from just 29% in 2017. The National ... Read More
-
Consumer Lending in Egypt
... to an increase in both local and foreign currency liquidity, shifts in consumer behaviour, and a greater reliance on bank loans and credit to maintain current lifestyles, despite ongoing inflation rates and currency devaluation. Euromonitor ... Read More
-
Store Cards in Morocco
... cards offer or, alternatively, they understand the advantages but do not believe that these are attractive enough to justify obtaining one. Instead of using store cards, they are increasingly using their regular debit cards, charge ... Read More
-
Pre-Paid Cards in Morocco
... the pandemic. The increased use of debit cards was the main driver of this fall. In the past, much of the use of pre-paid cards among the Moroccan population has been accounted for by international ... 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
Research Assistance
