The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreNov 2020
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In the midst of a global pandemic, contactless proximity payments were increasingly the preferred payment choice for in-store retailing. The use of physical cash was being highly discouraged due to the contact that is required, with hygiene concerns uppermost in both the minds of retailers and consumers.
Dual-network cards are popular in Australia, with most major banks offering both eftpos and Visa/Mastercard networks on their cards. Both Visa and Mastercard have slightly higher transaction fees than eftpos, with this additional cost often passed on to the consumer.
When unemployment soared at the start of COVID-19 lockdowns, credit card debt and delinquencies were widely expected to surge, with the likelihood of struggling households borrowing more to make ends meet. Instead, amidst the deepest economic crisis since the Great Depression, the opposite happened, with a trend being seen of credit card debt in advanced economies generally moving in a downward direction.
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
Discover the latest market trends and uncover sources of future market growth for the Credit Card Transactions industry in Australia with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Credit Card Transactions industry in Australia, our research will save you time and money while empowering you to make informed, profitable decisions.
The Credit Card Transactions in Australia market research report includes:
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Euromonitor’s industry reports, including Credit Card Transactions in Australia, originate from our database within our Consumer Finance market share and market size database
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.