Category: Credit Cards
Colombia Credit Cards
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Financial Cards and Payments in Colombia
... of cards in circulation increasing at a solid pace. These results were partly attributable to higher confidence and spending among the population as inflationary pressures steadily receded and economic activity picked up. However, the primary ... Read More
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Credit Cards in Colombia
... registered in 2023. Despite a series of interest rate cuts and an uptick in economic activity, expansion was constrained by the tendency of many households and companies to rein in their use of these instruments ... Read More
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Pre-Paid Cards in Colombia
... the diminishing appeal of open loop pre-paid cards, which are increasingly being superseded by debit and credit cards, digital wallets and electronic transfers. This is particularly true of so-called compensation fund cards, which have historically ... Read More
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Store Cards in Colombia
... on that recorded in 2023. Usage levels continued to be depressed by the increasing consumer preference for alternative types of financial cards that offer greater versatility, wider acceptance and more appealing added-value benefits in areas ... Read More
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Colombia Cards and Payments: Opportunities and Risks to 2028
... provides values and volumes for a number of key performance indicators in the industry, including cash, credit transfers, cards, direct debits and cheques during the review-period (2020-24e). The report also analyzes various payment card markets ... Read More
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Colombia Alternative Lending Market Business and Investment Opportunities Databook – 75+ KPIs on Alternative Lending Market Size, By End User, By Finance Model, By Payment Instrument, By Loan Type and Demographics - Q2 2024 Update
... According to PayNXT360, the alternative lending in the country is expected to grow by 27.4% on an annual basis to reach US$1,591.5 million in 2024. Medium to long term growth story of alternative lending in ... Read More
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Colombia Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Market Size and Forecast; Spend Analysis by Digital / e-Gift Card, Retail and Corporate Consumers, Top Retailers, Distribution Channel, Occasions, Retail Sectors, Function (Open Loop, Closed Loop), City Type, and Demographics – Q2 2024 Update
... Sectors, Function (Open Loop, Closed Loop), City Type, and Demographics – Q2 2024 Update According to PayNXT360, gift card industry in the country is expected to grow by 9.4% on annual basis to reach US$1.0 ... Read More
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Colombia Buy Now Pay Later Business and Investment Opportunities Databook – 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics - Q2 2024 Update
... in the country are expected to grow by 39.6% on an annual basis to reach US$1,567.0 million in 2024. The medium to long-term growth story of the BNPL industry in the country remains strong. BNPL ... Read More
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Colombia Credit Card Transactions Market Overview, 2029
... like Diners Club and American Express introduced credit cards to the Colombian market in the 1950s, targeting affluent individuals and business travelers. However, it wasn't until the 1970s and 1980s that domestic banks started issuing ... Read More
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Colombia Digital Payment Market Overview, 2029
... change. To begin, Colombians' extensive adoption of smartphones, with over 89% of the population owning them, has resulted in a tech-savvy consumer base willing to accept digital solutions. Furthermore, the boom in e-commerce activity in ... Read More
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Consumer Lending in Colombia
... end of 2022. This caused credit card interest rates to rise above 40%, leading to consumer concerns and reduced credit card usage, impacting overall consumption. In response, some banks reduced rates to 25% at the ... Read More
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Colombia Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q2 2023 Update
... According to PayNXT360’s, Ecommerce market in Colombia is expected to grow by 9.96% on annual basis to reach US$13.3 billion in 2022. Medium to long term growth story of Ecommerce industry in Colombia promises to ... Read More
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Colombia Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend - Q2 2023 Update
... dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 75+ market segments and sub-segments of prepaid payment instrument in Colombia. Develop market specific strategies: Identify growth segments and target specific opportunities to formulate ... Read More
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Colombia B2C Ecommerce Market Opportunities Databook – 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q1 2023 Update
... Update According to PayNXT360’s, B2C Ecommerce market in Colombia is expected to grow by 9.96% on annual basis to reach US$13.3 billion in 2023._x000C__x000C_The Medium to long-term growth story of B2C Ecommerce industry in Colombia ... Read More
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Latin America B2C E-Commerce and Online Payment Country Profiles 2022
... further The Latin American region will be growing further in terms of B2C E-Commerce sales as well as M-Commerce sales. A forecast cited in this yStats.com report projects a significant increase in total E-Commerce sales ... Read More
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Colombia Buy Now Pay Later Business and Investment Opportunities Databook – 75+ KPIs on Buy Now Pay Later Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q1 2022 Update
... Description BNPL payment industry in Colombia has recorded strong growth over the last four quarters, supported by increased ecommerce penetration along with impact of economic slowdown due to disruption caused by Covid-19 outbreak. According to ... Read More
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Colombia Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend
... 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 10.5%, increasing from US$3.38 billion in 2022 to reach US$5.03 ... Read More
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