In Venezuela, the Central Bank regulates credit card transactions, with interest rates being capped at 29%, much lower than the rate of inflation, which was 181% in 2015 according to the Central Bank and continued to grow at triple digit pace during 2016. As a result, a growing number of consumers are turning to the credit market, especially consumer credit cards, in order to supplement income. In 2015, credit cards were most commonly used in supermarkets (13% of total expenditure), followed by...
Euromonitor International's Credit Card Transactions in Venezuela 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 the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Commercial Credit Card Transactions, Personal Credit Card Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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Get a detailed picture of the Credit Card Transactions market;
Pinpoint growth sectors and identify factors driving change;
Understand the competitive environment, the market’s major players and leading brands;
Use five-year forecasts to assess how the market is predicted to develop.
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