Category: Debit Cards
Asia Debit Cards
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Indonesia Prepaid Cards Market Report by Card Type (Closed Loop Cards, Open Loop Cards), Purpose (Transportation, Gas/Fuel, Food and Beverages, and Others), Vertical (Retail, Corporate/Organization, Government, and Others), and Region 2024-2032
... market size reached US$ 30.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 115.6 Billion by 2032, exhibiting a growth rate (CAGR) of 15.4% during 2024-2032. A prepaid card is ... Read More
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Asia Pacific Alternative Data Market Forecast to 2030 - Regional Analysis - by Data Type [Credit and Debit Card Transactions, Email Receipts, Geo-location (Foot Traffic) Records, Mobile Application Usage, Satellite and Weather Data, and Others] and Industry (Automotive, BFSI, Energy Industrial, IT and Telecommunications, Media and Entertainment, and Others)
... and Industry (Automotive, BFSI, Energy Industrial, IT and Telecommunications, Media and Entertainment, and Others) The Asia Pacific alternative data market was valued at US$ 1,220.24 million in 2022 and is expected to reach US$ 42,401.00 ... Read More
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Debit Cards in India
... initiative, also known as Pradhan Mantri Jan Dhan Yojana, helped to attract a wider audience in 2023 as bank customers and the issuance of debit cards upon opening bank accounts became a crucial catalyst for ... Read More
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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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Pre-Paid Cards in Thailand
... transportation systems BTS and MRT. During the COVID-19 pandemic, commuting dropped dramatically leading to a significant contraction in transaction spend. After a strong recovery in 2022, pre-paid card transactions continue to enjoy double-digit growth in ... Read More
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Debit Cards in the Philippines
... making cash withdrawals. This was because most people were either unaware that they could use their debit card to make cashless transactions or were reluctant to use them because of security concerns. However, the COVID-19 ... Read More
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Financial Cards and Payments in Malaysia
... a cashless society in Malaysia, pushed by the government and private actors, such as retailers, and accelerated by the experience of the pandemic, continue to dictate many of the developments in the industry. This is ... Read More
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Pre-Paid Cards in the Philippines
... especially for lower-income Filipinos. These developments were primarily driven by the state-run Land Bank of the Philippines - LBP as it continued to collaborate with different government agencies. The bank is strengthening its partnership with ... Read More
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Debit Cards in Thailand
... has launched cardless withdrawals to bring greater convenience to customers. Payment service providers also offer free cash transactions across all channels to support students or low-income earners who frequently withdraw a small amount of money. ... Read More
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Credit Cards in the Philippines
... reflects local consumers’ resurgence in terms of shopping, travelling and purchasing goods after around two years of COVID-19 lockdown and other restrictions. The notable increase in credit card billings serves as an indicator of heightened ... Read More
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Debit Cards in Malaysia
... transactions. The increased numbers of POS terminals is widening the acceptance of debit cards nationwide. That this is occurring without incurring minimum spend requirements further boosts the use of personal debit cards. The development of ... Read More
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Pre-Paid Cards in Malaysia
... a trend accelerated by the Coronavirus (COVID-19) pandemic, many local consumers, including those among the unbanked population, who do not own a financial card of any type, are more likely to convert to pre-paid cards. ... Read More
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Financial Cards and Payments in the Philippines
... stabilise, the Philippines continues to experience robust growth in both volume and value terms within digital payments. This growth is observed across various areas of financial cards and payments. Notably, travel, dining, entertainment and e-commerce ... Read More
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Financial Cards and Payments in Vietnam
... cards, and pre-paid cards are all seeing healthy double-digit transaction value growth, with credit cards showing the strongest growth regarding numbers of cards in circulation, followed by debit cards and pre-paid cards in numbers. Charge ... Read More
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Pre-Paid Cards in Indonesia
... cards has been particularly impacted by the revival of normal social and economic activity and the increase in people’s mobility. The pre-paid cards category is very highly dependent on the mobility of the population because ... Read More
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Debit Cards in Hong Kong, China
... of the pandemic. Residents are now showing a strong and sustained interest in reallocating their spending from daily expenses in Hong Kong towards their outbound travel budgets. Hong Kong's outbound expenditure is set to recover ... Read More
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Pre-Paid Cards in Taiwan
... the largest transportation card in Taiwan, widely accepted at retail stores. People tend to use physical credit cards for higher-priced items, perceiving them as more secure, while reserving digital wallets for smaller transactions. Euromonitor International's ... Read More
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Debit Cards in Vietnam
... helping to boost the performance of financial cards, with debit cards seeing robust growth in 2023. Efforts made across the review period have contributed to this, and such efforts continue to herald positive effects. In ... Read More
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Pre-Paid Cards in Vietnam
... showing a negative performance, in sharp contrast to what is seen now. Furthermore, such developments are inclusive and regardless of inflationary pressures. Euromonitor International's Pre-Paid Card Transactions in Vietnam report establishes the size and structure ... Read More
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Debit Cards in Taiwan
... digital wallet transactions and the continued rise of direct debits, facilitated by the high adoption of mobile banking. The practice of linking credit cards or bank accounts and topping up stored value via these channels ... Read More
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Financial Cards and Payments in Turkey
... known as OVpay. Since the start of 2023, travellers on public transport have the option to use their debit, credit, or charge card, as well as mobile devices for making payments. Euromonitor International's Financial Cards ... Read More
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Pre-Paid Cards in Hong Kong, China
... interest among local residents to explore the mainland during weekends or holidays, Octopus has strategically capitalised on the integration of the Greater Bay Area. To cater for the needs of Hong Kong residents travelling to ... Read More
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Debit Cards in Indonesia
... lifting of restrictions imposed to limit the spread of COVID-19 has been the main reason for the category’s strong performance. The high public interest in visiting shopping centres again, not only for shopping, but also ... Read More
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Consumer Credit in Turkey
... cards when they needed small sums of money. This shift in consumer behaviour can be attributed to the Central Bank's deliberate efforts to sustain consumer demand prior to the government elections by keeping interest rates ... Read More
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