Report cover image

Global Virtual Cards Market: 2025-2029 Market Trends & Strategies

Publisher Juniper Research
Published Mar 10, 2025
Length 40 Pages
SKU # JNRH19878201

Description

This report examines the Virtual Cards market landscape in depth; assessing trends and factors shaping the evolution of this rapidly growing market. The report delivers comprehensive analysis of the strategic opportunities for fintechs offering virtual cards; addressing key verticals such as government, healthcare, fleet, and travel. This report also includes evaluation of key country-level opportunities for stakeholders in the virtual cards market.

Please note: the online download version of this report is for a global site license.

Table of Contents

40 Pages
1. Market Summary
1.1 Key Takeaways
1.1.1 B2B Payments and Healthcare Industry are Significant Markets
1.1.2 Mid-market Businesses are a Key Focus
1.1.3 Virtual Cards Face Strong Competition from Other Payment Methods
1.2 Strategic Recommendations
1.2.1 Virtual Card Vendors Should Partner with Telecoms Companies to Expand Reach
1.2.2 Integrate Carbon Tracking Software
1.2.3 Provide an End-to-end Experience for Businesses
2. Market Summary
2.1.1 Introduction
2.1.2 Key Features of Virtual Cards
Figure 2.1: Key Features of Virtual Cards
2.1.3 Key Actors Involved in Virtual Cards
2.1.4 Token Service Provisioning: Digital Cards
2.1.5 Virtual vs Physical Cards
Figure 2.2: Virtual vs Physical Card Differences
2.2 Key Trends
2.2.1 Apple Cash
Figure 2.3: Apple Cash
2.2.2 Tokenisation Blurs the Line Between Virtual and Physical Cards
2.2.3 Easy Integration Simplifies Institutional Adoption of Virtual Cards
2.2.4 How Will Other Payment Methods Challenge Virtual Cards?
i. A2A payments
ii. Cash
iii. Mobile Money
3. Sector Analysis
3.1 B2B Sector Analysis
Figure 3.1: B2B Use Cases for Virtual Cards
3.1.1 Travel & Expense
3.1.2 Supply Chain
3.1.3 Fleet
3.1.4 Healthcare
3.1.5 Gig Economy
3.1.6 Real Estate
3.1.7 Travel Agencies
3.1.8 Government
3.1.9 Payroll
3.1.10 Consumer Sector
i. Energy Bills & Utilities
ii. eCommerce
4. Country Readiness Index
4.1 Introduction to Country Readiness Index
Figure 4.1: Virtual Cards Country Readiness Index: Regional Definitions
Figure 4.2: Juniper Research Country Readiness Scoring Index: Virtual Cards
Figure 4.3: Juniper Research Country Readiness Index: Virtual Cards
Figure 4.4: Virtual Cards Country Readiness Index: Market Segments
4.2 Focus Market
i. Strong B2B Sectors
Figure 4.5: Total Virtual Card Transactions (m), Split by Seven Key Focus Markets,
2025-2029
ii. The US: Focus Market
iii. Focus Market: India
4.3 Growth Markets
Figure 4.6: Total Virtual Card Transactions (m), Split by Growth Markets, 2025-
2029
i. Development in Digital & Physical Infrastructure
4.4 Saturated Markets
Figure 4.7: Total Virtual Card Transactions (m), Split by Eight Key Saturated
Markets, 2025-2029
i. Entrenched Competition from Instant Payment Services
ii. Pockets of Growth
4.5 Developing Markets
Figure 4.8: Total Virtual Card Transactions (m), Split by Key Developing Markets,
2025-2029
i. Low Investment in Payments Innovations
ii. Prevalence of Mobile Money
Table 4.9: Juniper Research’s Country Readiness Index Heatmap: North America
Table 4.10: Juniper Research’s Country Readiness Index Heatmap: Latin America
Table 4.11: Juniper Research’s Country Readiness Index Heatmap: West Europe
Table 4.12: Juniper Research’s Country Readiness Index Heatmap: Central &
Eastern Europe
Table 4.13: Juniper Research’s Country Readiness Index Heatmap: Far East &
China
Figure 4.14: Juniper Research’s Country Readiness Index Heatmap: Indian
Subcontinent
Figure 4.15: Juniper Research’s Country Readiness Index Heatmap: Rest of Asia
Pacific
Table 4.16: Juniper Research’s Country Readiness Index Heatmap: Africa &
Middle East

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us