Charge Card Transactions

Latin America is home to a number of innovative financial inclusion efforts to reach unbanked consumers, as well as to reach financially underserved consumers who only utilise basic financial services. The region demonstrates the importance of ...

Payment is an integral part of the retail transaction. Some of the largest retailers today have come to power by making payments more convenient. Convenience is, however, largely subjective, and it is often relative to previous norms. This report ...

The conversion of online retailing from store-based retailing has impacted financial services and the way consumers pay across the world. In emerging markets the transition has been fastest in Asia Pacific, and allowed non-bank competitors into the ...

The Danish consumer lending category is performing well, and the housing market has for a number of years been stable, a result of, among other factors, low unemployment in Denmark. The housing market in Copenhagen is moving very fast, but the market...

Charge cards remained the smallest category in financial cards in the Czech Republic in 2017 in terms of number of cards in circulation. This situation is likely to continue over the forecast period as charge cards lack any competitive advantage, ...

There were no charge cards in circulation in Russia in the review period. The appearance of charge cards is not expected in Russia in the forecast period....

Western Europe is the third largest region in the world for both consumer and card payments. At a country level, consumer payment preferences vary considerably across markets. Cash payments remain a dominant force in several countries, while a ...

There are no charge cards in China....

Charge cards continued to account for a very small share of transaction value in financial cards and payments in 2017. Charge cards are predominantly aimed at high-income consumers who are driven by the status and the prestige of owing such a ...

Consumer lending continues to benefit from regulative changes and from successful marketing activities by the leading banks. To reverse decreasing consumption due to macroeconomic deterioration and political uncertainty, the Turkish Government has ...

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

Charge cards are not present in Vietnam due to high risks involved in offering relatively high credit limits. Until the overall financial environment in the country improves, there is little likelihood that players will begin to offer charge cards....

Charge cards products are not usually available in Colombia because other payment methods are preferred. There have been some attempts, especially in corporate banking, which have not had any major success. This is why lenders have prioritised a ...

The performance of charge cards diminished over the review period, with growing demand for virtual bank account solutions impacting current value growth. It is also widely understood that small to medium sized businesses are preferring commercial ...

There are no charge cards in Nigeria and they are not expected to appear in the forecast period....

Charge cards were not present in Ukraine in 2017. In 2017, the charge card remained an unknown concept for Ukrainian consumers, who typically use traditional credit cards when they need to borrow money. Banks were not investing in the introduction of...

Card and electronic payments continue to take global consumer payment share from cash and other paper payments. From 2016 to 2017, the card payment landscape has moved towards greater credit adoption in both emerging and developed markets as ...

Asia Pacific represents the largest region in both financial cards in circulation and card payment value. As a result, the region also is home to the largest card network and issuers by the same metrics. Having rapidly adopted card payments over the ...

Charge cards in India were the most niche type of card in 2017, and are expected to continue to be so. Charge cards are issued by banks only to high net-worth individuals, which makes these cards very premium. Only the affluent can afford these ...

In 2017, charge cards saw a moderate increase in both number of cards and value sales at constant 2017 prices. Growth potential was limited towards the end of the review period due to market behaviour. In Mexico, it is relatively difficult to use a ...