Debit Cards Market Research Reports & Industry Analysis
Debit cards have become so widespread they have almost replaced checks and are even increasingly used in place of cash. Debit cards are used quite often to make purchases over the internet or via telephone, similar to a credit card. However, debit cards are different from credit cards in that the funds are immediately transferred rather than paid back at a future date.
Another feature of debit cards is that they are used at an automated teller machine or ATM to withdraw money from a bank account. Also, some merchants will allow customers making purchases with a debit card to get “cash back” or withdraw money from their account as well.
One significant difference between using a debit card at a point of purchase is the necessity of a PIN or personal identification number. This is required for security purposes when withdrawing money from an ATM or making a purchase at a merchant. A benefit of using a debit card over a credit card is the lack of extra charges. While a credit card may charge high fees and have interest rates, a debit card allows a user to make transactions at virtually no charge.
Debit Cards Industry Research & Market Reports
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Financial Cards and Payments in Norway
... fluctuations in recent years. Current value growth witnessed a more positive trend due to pent up demand for experiences and travel, although sales were elevated by higher inflation. The weak NOK has also made cross ... Read More
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Debit Cards in Egypt
... use of debit cards in Egypt to the Egyptian Pound (EGP). This means that Egyptian debit cards can no longer be used outside of Egypt or for foreign currency transactions. The move aims to reduce ... Read More
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Pre-Paid Cards in Egypt
... alongside the Ministry of Communications and Information Technology (MCIT), the Ministry of Supply and Internal Trade, and the Universal Health Insurance Authority, have launched the project of a single government services pre-paid card in Port ... Read More
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Debit Cards in Canada
... have been transferred to RBC, new chequing accounts have been opened and new debit cards have been issued for each new client. While the acquisition has not had a big impact on total number of ... Read More
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Pre-Paid Cards in Poland
... globally, with potential for further growth. In 2024, the fintech implemented the first advertising campaign Bank ludzi Revolutnych (Revolut people’s bank) made especially for the Polish market. The campaign aims to reach new groups of ... Read More
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Debit Cards in France
... further increase in the unit prices of debit cards – just one year after the government’s demand for price moderation, French banks increased their prices in 2024. For the customer, this translated into higher account ... Read More
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Pre-Paid Cards in France
... revival of travel and commuting. 2023 - the first year without pandemic-related restrictions - coincided with the comeback of domestic and inbound tourism, in Paris in particular, with traffic returning to the French motorways, railway ... Read More
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Financial Cards and Payments in France
... growth for current value sales. Inflation and price hikes have significantly impacted development within financial cards over 2023 and 2024. While inflation was still relatively high in 2023, it subsided somewhat in 2024 though unit ... Read More
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Consumer Credit in France
... 2024, the best consumer credit rates were 0.9% over 12 months, 8% over 36 months and even 6.37% over 72 months, for financing personal projects. While new uses of credit are driving the market, inflation ... Read More
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Pre-Paid Cards in Indonesia
... year’s record number of homecoming travellers, with holidays and increased toll tariff prices also helping – particularly those along the Trans Java toll road. Euromonitor International's Pre-Paid Card Transactions in Indonesia report establishes the size ... Read More
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Debit Cards in Indonesia
... of QR codes in retail channels and consumer foodservice channels, for example. Local consumers are increasingly drawn to the convenience offered by digital transactions and cashback, points and other promotions available through digital wallets. Euromonitor ... Read More
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Debit Cards in Thailand
... for cash withdrawals, with in-store and online purchases accounting for only a small fraction of transactions. However, many banks now offer cardless cash withdrawals through mobile banking apps, allowing customers to access cash at ATMs ... Read More
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Pre-Paid Cards in Thailand
... the launch of major office building projects, and reduced fares for MRT and BTS services under the new government’s economic stimulus programme. The introduction of the MRT Yellow and Pink Lines has played a significant ... Read More
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Pre-Paid Cards in Vietnam
... cards for their purchases. These cards offer a convenient, cashless payment option and are especially attractive because they require no financial assessment or existing bank account. Pre-paid cards also provide an effective way to manage ... Read More
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Financial Cards and Payments in Vietnam
... growing consumer awareness of the benefits of digital payments, such as enhanced convenience, improved security, simplified record-keeping, and easier online shopping experiences. Financial cards also offer attractive incentives, including discounts and cashback rewards, while promoting ... Read More
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Debit Cards in Spain
... management, businesses prefer to make payments through charge cards and credit cards. Banks also offer more perks to businesses to use credit and charge cards, such as discounts in partner business organisations. Euromonitor International's Debit ... Read More
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Financial Cards and Payments in Spain
... finances, whereas the continued cost-of-living crisis means consumers are seeking financial options to help them manage their expenses. Also, according to Financial Planning and Analysis (FP&A) experts, who study both qualitative and quantitative trends in ... Read More
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Pre-Paid Cards in Spain
... and digital wallets. The pre-paid cards of Mastercard for Sociedad Estatal Correos y Telegrafos SA (Correos), the postal service and courier for Spain, also allow instant money transfers between two cards. Indeed, Correos is partnering ... Read More
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Debit Cards in Vietnam
... customer benefits. Local banks such as Techcombank, VP Bank, and Vietcombank have incentivised the use of debit cards for payments through cashback offers, discounts, and other cost-saving perks, making them a popular choice for consumers. ... Read More
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New Zealand Cards and Payments: Opportunities and Risks to 2028
... payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, direct debits, credit transfer, and card during the review-period (2020-24e). The report also analyzes various payment ... Read More
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Global Virtual Cards Market 2025-2029
... provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest ... Read More
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Pre-Paid Cards in Malaysia
... strongly promoting the adoption of digital payments to enhance efficiency and streamline financial transactions across various sectors. Pre-paid cards offer a solution for people who are unbanked, enabling them to access a wide range of ... Read More
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Debit Cards in Malaysia
... increasing consumer adoption of digital payments, alongside expanding merchant acceptance of card transactions. With more businesses across Malaysia installing point-of-sale (POS) terminals, debit cards are becoming a convenient and secure alternative to cash payments. Euromonitor ... Read More
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Financial Cards and Payments in Malaysia
... shift toward a cashless society, fuelled by advancements in digital payment infrastructure and changing consumer preferences. Younger, tech-savvy Malaysians are a significant driver of this trend, with convenience and security among the top motivators for ... Read More
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Debit Cards in Taiwan
... Taiwan in 2024. This trend suggests a move towards more frequent but lower value transactions, reflecting a shift in consumer behaviour towards using debit cards for everyday purchases and expenses. Euromonitor International's Debit Card Transactions ... Read More
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