Category: Debit Cards
Europe Debit Cards
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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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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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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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Consumer Credit in France
... light of this situation, a degree of consumer caution when it comes to spending and seeking loans. This means consumers are placing a stronger focus on low prices, rather than acquiring debt to purchase large ... Read More
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Pre-Paid Cards in Romania
... to the remarkable growth potential observed in open-loop cards, creating an opportune landscape for operators such as Revolut. In contrast, closed-loop pre-paid cards, typically distributed by retailers in the form of gift cards, are witnessing ... Read More
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Pre-Paid Cards in Sweden
... in Sweden, with the result that pre-paid cards are typically used for less usual payment occasions, rather than for daily purchases. Debit cards are overwhelmingly popular for everyday payments in Sweden. Euromonitor International's Pre-Paid Card ... Read More
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Debit Cards in Norway
... all payment cards in Norway are debit cards, generating more than 80% of transactions. During the pandemic, debit cards strengthened their position compared to credit cards, as consumers travelled abroad less and spent more on ... Read More
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Consumer Credit in Italy
... approach towards borrowing. While the rate of inflation fell during the year, high unit prices continued to erode consumer confidence, as well as disposable incomes. At the same time, the poor economic climate led financial ... Read More
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Debit Cards in Denmark
... cards is only expected to increase slightly in 2023, as the market is saturated, and already the number of debit cards is higher than the population. Value growth is also expected to be moderate in ... Read More
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Financial Cards and Payments in France
... goods (FMCGs), leading to widespread discounts, slashed prices, and in-store promotions. Although inflation looks to be stabilising somewhat through 2023, French consumers are not generally aware of these fluctuations and remain cautious in their purchases ... Read More
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Consumer Credit in Sweden
... amid much uncertainty about the future. Auto lending, in particular took a hit in 2022, following a strong recovery in 2021. This was due to a shortage of electrical components, which saw the automotive industry ... Read More
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Debit Cards in the United Kingdom
... as the volume and retail value of transactions. However, this growth is set to be marginal in comparison with the previous two years. One of the main reasons is the country’s current economic situation, which ... Read More
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Pre-Paid Cards in the United Kingdom
... others are set to see slower growth, such as debit cards. One of the factors contributing to this positive performance is the ongoing growth of closed loop cards, primarily driven by merchant gift cards. In ... Read More
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Consumer Lending in Spain
... rates four times during 2022 and 2023, resulting in rising interest rates on mortgages and consumer credit. Euromonitor International's Consumer Lending in Spain report establishes the size and structure of the market for ATMs cards, ... Read More
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Debit Cards in Portugal
... as a result of rising inflation rates and a decline in savings. Economic instability and higher interest rates are boosting debit cards’ performance, with inflation also fuelling spend per transaction. Contactless payments and the gradual ... Read More
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Financial Cards and Payments in Portugal
... trend of replacing cash with card purchases persists in 2023 with cash losing share. Inflation rates and the ongoing recovery of tourism flows is boosting national consumer expenditure in 2023, with a decline in savings ... Read More
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Debit Cards in Spain
... if they had other banking products and services, including mortgages and insurance, most banks now charge for having a debit card. This development is forcing customers to use credit cards instead as they are usually ... Read More
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Pre-Paid Cards in Spain
... (Consorcio Transporte Madrid and Consorcio de Transportes de Bizkaia) continued to account for more than half of retail value sales of pre-paid cards in 2023. Apart from these two organisations, the leading players in pre-paid ... Read More
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Financial Cards and Payments in Spain
... recover to 2019 levels, boosted by the recovery of travel and tourism. Euromonitor International's Financial Cards and Payments in Spain report establishes the size and structure of the market for ATMs cards, smart cards, credit ... Read More
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Pre-Paid Cards in Portugal
... terms of number of cards in circulation. Economic recovery and the rise in tourism are sustaining the category and pushing up growth. In 2023, Lisbon metropolitan began to allow to contactless payments for tickets, through ... Read More
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Europe, U.S., Latin America, MEA and Asia Digital Gift Cards and Prepaid Card Market
... in 2022, growing with a CAGR of 16.2% in the forecast period of 2023 to 2030. Market Segmentation Asia Digital Gift Cards and Prepaid Card Market, Type (Prepaid Card and Digital Gift Card), Distribution Channel ... Read More