Charge Card Transactions

Charge cards remained a virtually unknown category of financial cards in Chile during 2020. There are currently no indications that this category will emerge beyond its current marginal status at any point during the forecast period....

Charge cards remains a marginal category in financial cards, consisting almost solely of fuel cards. Commercial cards account for the vast majority of transactions, with use of personal cards remaining negligible. Unlike debit and credit cards, in ...

There are no charge cards in circulation in Peru and this situation is not expected to change during the forecast period....

Unlike debit and credit cards, in Austria charge cards has not benefited from the shift away from cash among consumers fuelled by COVID-19. The pandemic brought the majority of business travel to a halt in Austria, both nationally and ...

Charge cards are not used extensively by the Taiwanese, with it remaining a relatively niche area in terms of card payments accounting for a tiny fraction of overall card transactions. Users of charge cards must settle their outstanding dues by the ...

Charge cards did not exist in Nigeria over the review period. There are no prospects for them to emerge over the forecast period....

Charge cards continued to witness decline in Saudi Arabia in 2020, in both the number of cards in circulation and the value of transactions, as other financial cards (debit and credit cards) are more appealing and become more popular. Most financial ...

Charge cards recorded declining transactions value and volume over the course of 2020. This can be attributed almost entirely to the COVID-19 pandemic and the adverse economic environment that developed over the course of the year. The official ...

Charge cards remained unavailable in Ukraine in 2020. Ukrainian consumers tend to use debit or credit cards when they need to make payments or borrow money with a card. The country’s banks remain reluctant to invest in launching new types of ...

Charge cards are still used in Morocco, mainly by people who are interested in performing cross-border online transactions such as booking flights and hotel rooms in other countries. Indeed, the main benefits of charge card ownership are widely ...

Charge cards is a niche within South African financial cards and payments dominated by personal charge cards, and is traditionally driven by demand from affluent status-focused consumers who enjoy the benefits and kudos attached to owning this type ...

The impact of the COVID-19 pandemic on the Greek economy during 2020 had a strongly negative influence on the use of charge cards. Indeed, significant declines were recorded in charge card transactions in both volume and value terms over the course ...

Charge cards are not currently available in Denmark, with this situation not expected to change over the forecast period....

One of the major factors that has underpinned the popularity of charge cards in Norway for many years is the offer of attractive benefits by issuers such as American Express. The most important of these benefits has always been generous air miles ...

At the end of the review period, only commercial charge cards were available in Hungary, with personal charge cards rarely, if ever, seen in the country. Moreover, commercial charge cards are only offered to top corporate executives and senior ...

Unlike debit and credit cards, in Argentina charge cards has not benefited from the shift away from cash among consumers fuelled by COVID-19. The pandemic brought the majority of business travel to a halt in Argentina, both nationally and ...

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Charge cards remained the smallest category within financial cards in Portugal at the end of the review period, dominated by commercial cards. The category is comprised of a low number of issuers which grant business clients a charge card and target ...

Charge cards recorded a negative performance in transactions of value and volume terms over the course of 2020. The main reason for this was the impact of the COVID-19 pandemic on the use of commercial fleet cards, the most common type of charge ...

The number of charge cards in circulation is low in the Philippines and COVID-19 is serving to increase the exclusivity of the category and strengthen its niche status. The charge cards category also suffers from a lack of heavy promotion and ...