Category: Credit Cards
Credit Cards market research reports by Euromonitor International
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Consumer Lending in Poland
Consumer Lending in Poland Consumer lending in Poland saw solid growth in terms of consumer credit gross lending in 2024. While inflation was falling it remained above target, and the country’s economic growth was stimulated by consumption and public spending. Unemployment levels were low, and there ... Read More
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Charge Cards in Canada
Charge Cards in Canada Charge cards in Canada faced challenges to growth in 2024. High prices of groceries, as well as gas and rent, most Canadians struggled to meet their monthly financial needs. Credit card outstanding balances soared, despite the efforts of the Bank of Canada to control inflation ... Read More
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Pre-Paid Cards in Canada
Pre-Paid Cards in Canada Pre-paid cards in Canada saw growth spurred by rising demand for financial inclusion and access to banking in 2024. These cards, whether, open or closed, are an easy way for consumers to make transactions and payments. With the continued trend of consumers moving away from c ... Read More
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Credit Cards in the Netherlands
Credit Cards in the Netherlands Credit cards face extinction due to the withdrawal of the ""Gespreid Betalen Faciliteit"" (Spread Payment Facility) in the Netherlands in 2024. The Dutch government and financial institutions have focussed on reducing fraud and enhancing consumer protection, leading t ... Read More
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Store Cards in Norway
Store Cards in Norway Store cards remain a niche category in Norway, with transactions on these cards continuing to decline in 2024 as they lose appeal as a form of payment. While Norway is one of the most advanced societies in the world regarding card payments, the digitalisation trend has had litt ... Read More
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Credit Cards in Poland
Credit Cards in Poland The number of credit cards in Poland was diminishing in 2024. One reason for this trend was competition from deferred payments, which are gaining ground rapidly in Poland. Buy Now Pay Later (BNPL) services work on a similar principle to credit cards - they provide the user wit ... Read More
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Store Cards in Canada
Store Cards in Canada 2024 saw store cards in Canada benefit from increased investment in innovation and flexible features. With inflation still high, consumers continued to seek to save money on shopping. Retailers and store cards issuers have adapted to clients’ demands by including appealing feat ... Read More
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Charge Cards in Norway
Charge Cards in Norway Charge cards is a niche category in the Norwegian financial cards and payments landscape where debit cards and credit cards dominate. Charge cards are considered less flexible than credit cards and issuers/operators, with less well-known brands compared to the leading banks, w ... Read More
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Consumer Lending in Egypt
Consumer Lending in Egypt Consumer lending in Egypt had a successful year in 2024, both for banks and consumers. The World Bank classifies Egypt as a lower middle-income country which has significant potential to leverage its existing manufacturing and services sectors and strategic geographical loc ... Read More
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Credit Cards in Egypt
Credit Cards in Egypt A key trend affecting credit cards in Egypt in 2024 centred on changing regulations around the use of such cards abroad. Whilst the Central Bank of Egypt (CBE) did issue restrictions on the use of Egyptian credit cards used abroad in in late 2023 and early 2024, the CBE then in ... Read More
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Financial Cards and Payments in Canada
Financial Cards and Payments in Canada Financial cards and payments in Canada was impacted by moderated inflation rates in 2024, following raised interest rates immediately post-pandemic when inflation was high. Now, with the situation eased somewhat, the Bank of Canada has cut rates more than once ... Read More
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Financial Cards and Payments in the Netherlands
Financial Cards and Payments in the Netherlands Financial cards and payments were being affected by a shift towards digital and contactless payment methods in the Netherlands in 2024. In offline terms, this means a strong take-up of contactless card payments and digital wallets. Indeed, contactless ... Read More
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Consumer Credit in Egypt
Consumer Credit in Egypt Consumer credit was supported by ongoing efforts towards financial inclusion in Egypt in 2024. The Central Bank of Egypt announced notable growth in the financial inclusion rate in Egypt, stating that it is among the best out of peer countries. This allows for further growth ... Read More
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Charge Cards in Egypt
Charge Cards in Egypt Charge cards remained unpopular in Egypt in 2024. Indeed, prospects for charge cards remain unpromising in the country, with cards in circulation decreasing in both commercial and personal terms – although the decline is steeper in personal charge cards than seen in commercial ... Read More
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Credit Cards in Canada
Credit Cards in Canada Credit cards in Canada benefitted from 2024’s difficult economic environment, with persistent high inflation and interest rates, as purchasing power continued to deteriorate and Canadians increasingly relied on credit and credit cards to cover daily expenses. As a result, outs ... Read More
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Credit Cards in Norway
Credit Cards in Norway While credit cards benefit from similar strengths to debit cards, such as wide merchant acceptance, high level of digitalisation and strong brands, credit card usage is much lower. The number of credit cards in circulation is high, but there has been a downward trend for years ... Read More
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Charge Cards in the Netherlands
Charge Cards in the Netherlands Charge cards continued to represent a relatively niche payment method in the Netherlands in 2024, as Dutch consumers predominantly prefer debit cards and cash for everyday transactions. This preference is deeply rooted in cultural habits that favour straightforward an ... Read More
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Charge Cards in Poland
Charge Cards in Poland Charge cards in Poland in 2024 saw the continued decline of personal charge cards, which are now becoming a niche. Pekao was a leading issuer in 2023; however, in 2024 personal charge cards are no longer in the bank’s offer for individual clients. In the review period, Pekao o ... Read More
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Pre-Paid Cards in Poland
Pre-Paid Cards in Poland Pre-paid cards in Poland was boosted by Revolut in 2024, with the player having systematically expanded its number of customers in the country. Revolut describes Poland as among its largest markets globally, with potential for further growth. In 2024, the fintech implemented ... Read More
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Financial Cards and Payments in Egypt
Financial Cards and Payments in Egypt Financial cards and payments continued to see growth in Egypt in 2024. This is attributed to various reasons, from economic turbulence including high inflation, currency devaluation, an increase in fuel prices, and reduced subsidies, to higher financial inclusio ... Read More
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Financial Cards and Payments in Poland
Financial Cards and Payments in Poland 2024 saw further changes for financial cards and payments in Poland. Consumers increasingly expect products and services that are tailored to their needs and allow for smooth and intuitive transactions. Companies demand the same – simpler, more efficient and in ... Read More
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Financial Cards and Payments in Norway
Financial Cards and Payments in Norway Financial cards and payments witnessed another robust year in 2024 as inflationary pressures cooled slightly in Norway. The number of cards and transactions has remained stable with only minor fluctuations in recent years. Current value growth witnessed a more ... Read More
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Consumer Lending in Indonesia
Consumer Lending in Indonesia Consumer lending in Indonesia saw another strong performance in 2024, similar to that seen in 2023. Economic growth was driven by stable political conditions, controlled inflation rates and also subsidy programs - for example subsidies for two-wheeled electric vehicles. ... Read More
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Financial Cards and Payments in Indonesia
Financial Cards and Payments in Indonesia Within financial cards and payments in Indonesia, 2024 was another year of strong growth for electronic payments, while card payments also remained positive in terms of transactions volume though its growth slowed down compared to that seen in 2023. High use ... Read More
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Financial Cards and Payments in France
Financial Cards and Payments in France Financial cards and payments in France showed varied performances among its segments in 2024, with rises in terms of the number of cards in circulation and transactions, and double-digit growth for current value sales. Inflation and price hikes have significant ... Read More
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