Charge Card Transactions

High interest rates and limited accessibility will continue to undermine the development of charge cards in Egypt over the forecast period. The potential consumer base for these products in the country is negligible due to strict requirements on ...

When compared with traditional credit cards, charge cards share many similar features and benefits. However, charge cards have no preset spending limit on purchases, which gives cardholders more financial flexibility as long as their spending ...

While charge cards have traditionally been appreciated by both wealthy people and large companies, the review period witnessed a decline in the number of charge cards in circulation and the number and value of transactions. This can be attributed to ...

Charge cards, or delayed debit cards, are far more popular in Germany than real credit cards with a revolving credit function. Although credit cards are growing in popularity, this situation is not expected to change anytime soon. In 2018, charge ...

As of 2018, the shares of charge cards of all financial cards, transactions through them and value paid on them all remained in the single digits in Sweden. These low shares cannot even be explained by a low base as in fact their popularity has been ...

Charge cards in Singapore continued to hold some allure for affluent consumers because of their high-end nature. Being of an “invite-only” nature, charge cards are viewed by consumers as prestigious and exclusive, and thus continue to be applied for ...

Charge cards in Thailand are not widely used by consumers and are only accepted by certain stores. In 2018, only American Express provided charge card services in Thailand, after Diners Club moved away from this service in 2016. Since charge cards ...

Charge cards are still not issued by banks in Turkey. Credit cards and debit cards remain the two main types of financial card. Consumers who use credit cards employ them mostly for the “pay later” function, while they use debit cards, which do not ...

Charge cards remained unavailable in Ukraine in 2018, with Ukrainian consumers tending to use traditional credit cards when they needed to borrow money. The country’s banks did not invest in launching new types of financial cards in 2018 due to the ...

Personal charge cards became less and less attractive for consumers over the latter part of the review period, because they were not willing or able to pay the entire debt off each month since their purchasing power has diminished in accordance with ...

Charge cards remained negligible in Vietnam in 2018. Due to the high risk and the lack of a developed consumer credit rating system, there is no player planning to enter this category....

Charge cards remains a very small financial cards and payments category, accounting for a very minor share of total transactions value in 2018. The numbers of charge cards in circulation are far lower than in other categories and this is because they...

Charge cards had not established a presence in the Japanese market by the end of the review period. The potential development of the category is impeded by the fact that consumers perceive credit cards to offer greater convenience and flexibility. ...

There are no charge cards in South Korea. They are not expected to appear over the forecast period....

During 2018, charge cards continued to record a decline in both value and volume, as both personal charge cards and commercial charge cards were facing challenges in a highly evolving card and payments environment in the country. Whilst commercial ...

In 2018, charge cards continued to have a negligible presence in Russia. Because of certain financial cards and payments market specifics and the presence of debit cards with pay-later function, charge cards are not in sufficient demand to be ...

Charge cards was the smallest category of financial cards with visible sales in Romania over the review period, recording a marginal share for both numbers of cards and transaction value. Charge cards largely consists of commercial cards, which ...

In Mexico, the perception remains that holders of American Express cards belong to the premium segment, since the level of income required to apply for these cards is higher than the average income in the country. Furthermore, charge card holders ...

Issuers require applicants for charge cards to have high minimum incomes and good credit ratings. Hence, high-income consumers constitute the target audience for personal charge cards, leading to charge cards having a premium positioning in the ...

Charge card operators have made a notable shift in their approach to connecting with the younger generation of wealthy consumers. Increasing the appeal of charge card offerings and gaining the approval of this consumer group has stimulated demand. ...