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Israel Cards and Payments: Opportunities and Risks to 2030

Publisher GlobalData
Published Mar 06, 2026
Length 73 Pages
SKU # GBDT21061208

Description

Israel Cards and Payments: Opportunities and Risks to 2030

Summary

GlobalData’s ‘Israel Cards and Payments: Opportunities and Risks to 2030' report provides detailed analysis of market trends in the Israeli cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including card, credit transfer, cash, direct debits, and cheques during the review-period (2021-25e).

The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2026f-30f). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.

The report brings together GlobalData’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies and recent changes in regulatory structure.

GlobalData’s ‘Israel Cards and Payments: Opportunities and Risks to 2030' report provides top-level market analysis, information and insights into the Israeli cards and payments industry, including -
  • Current and forecast values for each market in the Israeli cards and payments industry, including debit, credit and charge cards.
  • Detailed insights into payment instruments including card, credit transfer, cash, direct debits, and cheques. It also, includes an overview of the country's key alternative payment instruments.
  • Ecommerce market analysis.
  • Analysis of various market drivers and regulations governing the Israeli cards and payments industry.
  • Detailed analysis of strategies adopted by banks and other institutions to market debit, credit and charge cards.
  • Comprehensive analysis of consumer attitudes and buying preferences for cards.
  • The competitive landscape of the Israeli cards and payments industry.
Key Highlights
  • To further drive competition in Israel’s banking space, in November 2025, the Draft Law for Promoting Competition in the Banking Market (Legislative Amendments), 2025 was introduced by Israel’s Ministry of Finance in cooperation with the Central Bank. It aims to grant bank licenses to new players, defines new types of banks: small bank (asset value up to 5% of total bank assets in Israel) and micro bank (asset value up to 2.5%), provides regulatory relief for smaller entrants, and expands permitted banking activities.
  • The emergence of digital-only banks and fintechs in Israel is expected to increase competition in the banking and payment card market. In June 2025, the UK-based fintech Revolut and the Israel-based payments company Rapyd entered into discussions with the Bank of Israel seeking ‘lean bank’ licenses. If granted, these licenses would allow them to accept customer deposits and issue credit; bringing them significantly closer to operating as full-service banks in Israel.
  • The credit card market is witnessing significant merger and acquisition activity. In July 2025, Delek Group-a major Israeli oil and gas conglomerate led by Yitzhak Tshuva-acquired a 37% stake in Isracard; increasing its stake in Isracard to around 40%. In September 2025, Union Investments and Harel Insurance and Finance signed an agreement with Israel Discount Bank to acquire a 72% stake in ICC-Cal credit card company. In November 2025, First International Bank of Israel agreed to sell its 28% stake in ICC-Cal to Union Investments and Harel Insurance and Finance. The transaction is contingent on regulatory approvals from the Israel Competition Authority and the Central Bank.
Scope
  • Card market size in terms of number of cards, value and volume of transactions in Israel along with detailed card segmentation of debit, credit and charge cards available in the country.
  • Market sizing and analysis of major payment instruments including card, credit transfer, cash, direct debits, and cheques.
  • Payment market trends and growth for both historical and forecast period
  • Competitor analysis with detailed insights into leading card issuers and schemes.
  • Comprehensive analysis of consumer attitudes and buying preferences for cards.
  • A detailed snapshot of country's key alternative payment brands.
Reasons to Buy
  • Make strategic business decisions, using top-level historic and forecast market data, related to the Israeli cards and payments industry and each market within it.
  • Understand the key market trends and growth opportunities in the Israeli cards and payments industry.
  • Assess the competitive dynamics in the Israeli cards and payments industry.
  • Gain insights into marketing strategies used for various card types in Israel.
  • Gain insights into key regulations governing the Israeli cards and payments industry.

Table of Contents

73 Pages
1. Executive Summary
2. Macroeconomics, Regulation, and Infrastructure
3. Payment Instruments
4. Card-Based Payments
5. Instant Payments
6. Digital Wallet Payments
7. Ecommerce Payments
8. Appendix
List of Tables
Key facts, 2025
Payment instrument transaction values (LCU), 2021-2030f
Payment instrument transaction values ($), 2021-2030f
Payment instrument transaction volumes (units), 2021-2030f
Payment cards in circulation by type (units), 2021-2030f
Volume of payment card transactions (units), 2021-2030f
Value of payment card transactions (LCU), 2021-2030f
Value of payment card transactions ($), 2021-2030f
Debit cards in circulation (units), 2021-2030f
Debit card transaction volumes, 2021-2030f
Debit card transaction values (LCU), 2021-2030f
Debit card transaction values ($), 2021-2030f
Debit cards in circulation by scheme (units), 2021-25e
Debit card transaction values by scheme (LCU), 2021-25e
Debit card transaction values by scheme ($), 2021-25e
Debit cards in circulation by issuer (units), 2021-25e
Debit cards transaction value by issuer (LCU), 2021-25e
Debit cards transaction value by issuer ($), 2021-25e
Credit and charge cards in circulation (Units), 2021-2030f
Credit and charge card transaction volumes, 2021-2030f
Credit and charge card transaction values (units), 2021-2030f
Credit and charge card transaction values ($), 2021-2030f
Credit and charge cards in circulation by scheme (units), 2021-25e
Credit and charge card transaction values by scheme (LCU), 2021-25e
Credit and charge card transaction values by scheme ($), 2021-25e
Credit and charge cards in circulation by issuer (units), 2021-25e
Credit and charge cards transaction value by issuer (LCU), 2021-25e
Credit and charge cards transaction value by issuer ($), 2021-25e
Credit card in circulation (units), 2021-2030f
Credit card transaction volumes, 2021-2030f
Credit card transaction values (LCU), 2021-2030f
Credit card transaction values ($), 2021-2030f
Credit card in circulation by scheme (units), 2021-25e
Credit card transaction values by scheme (LCU), 2021-25e
Credit card transaction values by scheme ($), 2021-25e
Charge card in circulation (units), 2021-2030f
Charge card transaction volumes, 2021-2030f
Charge card transaction values (LCU), 2021-2030f
Charge card transaction values ($), 2021-2030f
Charge card in circulation by scheme (units), 2021-25e
Charge card transaction values by scheme (LCU), 2021-25e
Charge card transaction values by scheme ($), 2021-25e
Prepaid cards in circulation (units), 2021-2030f
prepaid card transaction values (LCU), 2021-2030f
prepaid card transaction values ($), 2021-2030f
Prepaid card transaction volumes (units), 2021-2030f
List of Figures
Card penetration per inhabitant
Average number of monthly card transactions
POS terminals per 1,000 inhabitants
Inflation rate
GDP growth rate
Unemployment rate
Average annual wages
Total population
Banked population
Internet penetration
Mobile phone penetration
Number of ATMs and ATMs per 1 million inhabitants
Number of POS terminals and POS terminals per 1 million inhabitants
Payment istrument transaction volume (paper-based vs electronic payments)
Payment instruments transaction value
Payment instruments transaction volume
Cross-border payment value
Cross-border payment Volume
Payment cards number of cards in circulation
Payment cards card penetration per individual, by card type
Payment cards value of card transactions
Payment cards volume of card transactions
Payments card value physical POS vs. remote
Payments card volume physical POS vs. remote
Payments value domestic vs. cross-border
Payments volume domestic vs. cross-border
Debit card frequency of payments and average transaction value
Debit card ATM withdrawals frequency of use and average transaction value
Debit card issuers by number of cards
Debit card issuers by transaction value share
Credit and charge card frequency of payments and average transaction value
Credit and charge card ATM withdrawals frequency of use and average transaction value
Credit and charge card schemes transaction value
Credit and charge card schemes transaction volume
Credit and charge card schemes market share in terms of transaction value
Credit card issuers by number of cards
Credit card issuers by transaction value
Pre-paid card schemes transaction value
Pre-paid card schemes transaction volume
Pre-paid card schemes number of cards
E-commerce transaction value

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