Debit Cards in Portugal

November 2020
USD 990
Request More Information

Delivery:

Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).

Overview:

Understand the latest market trends and future growth opportunities for the Debit Transactions industry in Portugal with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.

Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.

If you're in the Debit Transactions industry in Portugal, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.

The Debit Transactions in Portugal report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volume and value sizes, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent research methodology, conducted in-country

This report answers:

  • What is the market size of Debit Transactions in Portugal?
  • What are the major trends key to understanding Debit Transactions in Portugal?
  • How has COVID-19, recession and macroeconomic volatility impacted the market?
  • How long will the market take to recover? What are the opportunities now?
  • How will political context and shifting cultural values shape future growth?
  • Where is future growth expected to be most dynamic?

Charge Cards in Portugal - Category analysis

Charge Cards in Portugal - Company Profile

KEY DATA FINDINGS

2020 IMPACT

Charge cards intrinsically linked to business use, resulting in declines in 2020 as lockdown reduces travel and related expenses
Charge cards already experiencing slower growth prior to pandemic due to competition from other financial cards
Consolidated competitive landscape for charge cards with few participants

RECOVERY AND OPPORTUNITIES

Positive outlook for charge cards but category unlikely to surpass pre-pandemic levels until 2024
Ongoing competition and limited need to adopt charge cards by micro businesses will restrict greater potential for category

CATEGORY DATA

Table 1 Charge Cards: Number of Cards in Circulation 2015-2020 Table 2 Charge Cards Transactions 2015-2020 Table 3 Charge Cards in Circulation: % Growth 2015-2020 Table 4 Charge Cards Transactions: % Growth 2015-2020 Table 5 Commercial Charge Cards: Number of Cards in Circulation 2015-2020 Table 6 Commercial Charge Cards Transactions 2015-2020 Table 7 Commercial Charge Cards in Circulation: % Growth 2015-2020 Table 8 Commercial Charge Cards Transactions: % Growth 2015-2020 Table 9 Charge Cards: Number of Cards by Issuer 2015-2019 Table 10 Charge Cards: Number of Cards by Operator 2015-2019 Table 11 Charge Cards Payment Transaction Value by Issuer 2015-2019 Table 12 Charge Cards Payment Transaction Value by Operator 2015-2019 Table 13 Commercial Charge Cards: Number of Cards by Issuer 2015-2019 Table 14 Commercial Charge Cards: Number of Cards by Operator 2015-2019 Table 15 Commercial Charge Cards Payment Transaction Value by Issuer 2015-2019 Table 16 Commercial Charge Cards Payment Transaction Value by Operator 2015-2019 Table 17 Forecast Charge Cards: Number of Cards in Circulation 2020-2025 Table 18 Forecast Charge Cards Transactions 2020-2025 Table 19 Forecast Charge Cards in Circulation: % Growth 2020-2025 Table 20 Forecast Charge Cards Transactions: % Growth 2020-2025 Table 21 Forecast Commercial Charge Cards: Number of Cards in Circulation 2020-2025 Table 22 Forecast Commercial Charge Cards Transactions 2020-2025 Table 23 Forecast Commercial Charge Cards in Circulation: % Growth 2020-2025 Table 24 Forecast Commercial Charge Cards Transactions: % Growth 2020-2025

Credit Cards in Portugal - Category analysis

Credit Cards in Portugal - Company Profile

KEY DATA FINDINGS

2020 IMPACT

Weak consumer sentiment as a result of the pandemic and greater restrictions on credit limits by issuers result in decline for credit cards in 2020
More significant decline for commercial credit cards due to limited opportunities for business-related expenses including travel
Despite growing popularity of co-badged credit cards with retailers, closure of non-essential retailers during lockdown likely to reduce transaction value for many players

RECOVERY AND OPPORTUNITIES

Optimistic outlook for credit cards despite likelihood of ongoing concerns regarding over-indebtedness
Issuers of credit cards set to focus on expanding portfolios to further adopt contactless technology
Greater security following PSD2 should lead to greater confidence in using credit cards to make online purchases

CATEGORY DATA

Table 25 Credit Cards: Number of Cards in Circulation 2015-2020 Table 26 Credit Cards Transactions 2015-2020 Table 27 Credit Cards in Circulation: % Growth 2015-2020 Table 28 Credit Cards Transactions: % Growth 2015-2020 Table 29 Commercial Credit Cards: Number of Cards in Circulation 2015-2020 Table 30 Commercial Credit Cards Transactions 2015-2020 Table 31 Commercial Credit Cards in Circulation: % Growth 2015-2020 Table 32 Commercial Credit Cards Transactions: % Growth 2015-2020 Table 33 Personal Credit Cards: Number of Cards in Circulation 2015-2020 Table 34 Personal Credit Cards Transactions 2015-2020 Table 35 Personal Credit Cards in Circulation: % Growth 2015-2020 Table 36 Personal Credit Cards Transactions: % Growth 2015-2020 Table 37 Credit Cards: Number of Cards by Issuer 2015-2019 Table 38 Credit Cards: Number of Cards by Operator 2015-2019 Table 39 Credit Cards Payment Transaction Value by Issuer 2015-2019 Table 40 Credit Cards Payment Transaction Value by Operator 2015-2019 Table 41 Commercial Credit Cards: Number of Cards by Issuer 2015-2019 Table 42 Commercial Credit Cards: Number of Cards by Operator 2015-2019 Table 43 Commercial Credit Cards Payment Transaction Value by Issuer 2015-2019 Table 44 Commercial Credit Cards Payment Transaction Value by Operator 2015-2019 Table 45 Personal Credit Cards: Number of Cards by Issuer 2015-2019 Table 46 Personal Credit Cards: Number of Cards by Operator 2015-2019 Table 47 Personal Credit Cards Payment Transaction Value by Issuer 2015-2019 Table 48 Personal Credit Cards Payment Transaction Value by Operator 2015-2019 Table 49 Forecast Credit Cards: Number of Cards in Circulation 2020-2025 Table 50 Forecast Credit Cards Transactions 2020-2025 Table 51 Forecast Credit Cards in Circulation: % Growth 2020-2025 Table 52 Forecast Credit Cards Transactions: % Growth 2020-2025 Table 53 Forecast Commercial Credit Cards: Number of Cards in Circulation 2020-2025 Table 54 Forecast Commercial Credit Cards Transactions 2020-2025 Table 55 Forecast Commercial Credit Cards in Circulation: % Growth 2020-2025 Table 56 Forecast Commercial Credit Cards Transactions: % Growth 2020-2025 Table 57 Forecast Personal Credit Cards: Number of Cards in Circulation 2020-2025 Table 58 Forecast Personal Credit Cards Transactions 2020-2025 Table 59 Forecast Personal Credit Cards in Circulation: % Growth 2020-2025 Table 60 Forecast Personal Credit Cards Transactions: % Growth 2020-2025

Debit Cards in Portugal - Category analysis

Debit Cards in Portugal - Company Profile

KEY DATA FINDINGS

2020 IMPACT

Declines for most popular payment method of debit cards in 2020 as price-sensitive consumers prioritise spending during pandemic
Number of contactless smart cards increases during pandemic due to concerns over virus, while increase in limit on spending through this method drives up average spend per transaction
Caixa Geral de Depósitos remains overall leading issuer of debit cards in 2019

RECOVERY AND OPPORTUNITIES

More positive outlook for debit cards over forecast period as Portugal continues to move towards cashless society
Greater use of contactless technology on Portugal’s transport systems likely to support greater uptake of debit cards
Further investment by banks in issuing contactless smart cards likely

CATEGORY DATA

Table 61 Debit Cards: Number of Cards in Circulation 2015-2020 Table 62 Debit Cards Transactions 2015-2020 Table 63 Debit Cards in Circulation: % Growth 2015-2020 Table 64 Debit Cards Transactions: % Growth 2015-2020 Table 65 Debit Cards: Number of Cards by Issuer 2015-2019 Table 66 Debit Cards: Number of Cards by Operator 2015-2019 Table 67 Debit Cards Payment Transaction Value by Issuer 2015-2019 Table 68 Debit Cards Payment Transaction Value by Operator 2015-2019 Table 69 Forecast Debit Cards: Number of Cards in Circulation 2020-2025 Table 70 Forecast Debit Cards Transactions 2020-2025 Table 71 Forecast Debit Cards in Circulation: % Growth 2020-2025 Table 72 Forecast Debit Cards Transactions: % Growth 2020-2025

Pre-Paid Cards in Portugal - Category analysis

Pre-Paid Cards in Portugal - Company Profile

KEY DATA FINDINGS

2020 IMPACT

Closed loop pre-paid cards more significantly impacted by pandemic and lockdown due to dominance of transportation cards
Open loop pre-paid cards records further rise in number of cards in 2020 driven by move away from cash, supporting demand for general purpose reloadable cards
Consolidated competitive landscape within pre-paid cards although smaller players make gains in number of open loop cards in circulation

RECOVERY AND OPPORTUNITIES

Improvements heading into 2021 although closed loop pre-paid cards unlikely to return to pre-pandemic levels
Alternative transportation and toll apps from Via Verde likely to lead to further development of digitalisation in move away from physical cards
Early revival for open loop predicted, driven by popularity of general purpose reloadable cards

CATEGORY DATA

Table 73 Pre-paid Cards: Number of Cards in Circulation 2015-2020 Table 74 Pre-paid Cards Transactions 2015-2020 Table 75 Pre-paid Cards in Circulation: % Growth 2015-2020 Table 76 Pre-paid Cards Transactions: % Growth 2015-2020 Table 77 Closed Loop Pre-paid Cards Transactions 2015-2020 Table 78 Closed Loop Pre-paid Cards Transactions: % Growth 2015-2020 Table 79 Open Loop Pre-paid Cards Transactions 2015-2020 Table 80 Open Loop Pre-paid Cards Transactions: % Growth 2015-2020 Table 81 Pre-paid Cards: Number of Cards by Issuer 2015-2019 Table 82 Pre-paid Cards: Number of Cards by Operator 2015-2019 Table 83 Pre-paid Cards Transaction Value by Issuer 2015-2019 Table 84 Pre-paid Cards Transaction Value by Operator 2015-2019 Table 85 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2015-2019 Table 86 Closed Loop Pre-paid Cards: Number of Cards by Operator 2015-2019 Table 87 Closed Loop Pre-paid Cards Transaction Value by Issuer 2015-2019 Table 88 Closed Loop Pre-paid Cards Transaction Value by Operator 2015-2019 Table 89 Open Loop Pre-paid Cards: Number of Cards by Issuer 2015-2019 Table 90 Open Loop Pre-paid Cards: Number of Cards by Operator 2015-2019 Table 91 Open Loop Pre-paid Cards Transaction Value by Issuer 2015-2019 Table 92 Open Loop Pre-paid Cards Transaction Value by Operator 2015-2019 Table 93 Forecast Pre-paid Cards: Number of Cards in Circulation 2020-2025 Table 94 Forecast Pre-paid Cards Transactions 2020-2025 Table 95 Forecast Pre-paid Cards in Circulation: % Growth 2020-2025 Table 96 Forecast Pre-paid Cards Transactions: % Growth 2020-2025 Table 97 Forecast Closed Loop Pre-paid Cards Transactions 2020-2025 Table 98 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2020-2025 Table 99 Forecast Open Loop Pre-paid Cards Transactions 2020-2025 Table 100 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2020-2025

Store Cards in Portugal - Category analysis

Store Cards in Portugal - Company Profile

KEY DATA FINDINGS

2020 IMPACT

Despite greater demand through e-commerce during pandemic, prioritising of expenditure amongst price-sensitive consumers results in declines for store cards
Store cards already struggling prior to pandemic due to growing competition from co-badged credit cards
Leading issuers strengthen positions in 2019 as competitors continue to focus on credit cards

RECOVERY AND OPPORTUNITIES

Further declines predicted for store cards heading into forecast period but more positive outlook from 2023
Co-badged credit cards will continue to pose threat to store cards but loyalty programmes and interest-free periods will remain attractive to customers
Further consolidation likely amongst issuers of store cards over the forecast period

CATEGORY DATA

Table 101 Store Cards: Number of Cards in Circulation 2015-2020 Table 102 Store Cards Transactions 2015-2020 Table 103 Store Cards in Circulation: % Growth 2015-2020 Table 104 Store Cards Transactions: % Growth 2015-2020 Table 105 Store Cards: Number of Cards by Issuer 2015-2019 Table 106 Store Cards: Payment Transaction Value by Issuer 2015-2019 Table 107 Forecast Store Cards: Number of Cards in Circulation 2020-2025 Table 108 Forecast Store Cards Transactions 2020-2025 Table 109 Forecast Store Cards in Circulation: % Growth 2020-2025 Table 110 Forecast Store Cards Transactions: % Growth 2020-2025

Financial Cards and Payments in Portugal - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on consumer payments
COVID-19 country impact
New law introduced following declaration of State of Emergency in Portugal to encourage greater adoption of contactless technology by both consumers and merchants
Digital payments continue to gain in popularity in 2020
Main issuers retain positions in most important categories, while 2020 sees further push towards digitisation
What next for consumer payments?

MARKET INDICATORS

Table 111 Number of POS Terminals: Units 2015-2020 Table 112 Number of ATMs: Units 2015-2020 Table 113 Value Lost to Fraud 2015-2020 Table 114 Card Expenditure by Location 2020 Table 115 Financial Cards in Circulation by Type: % Number of Cards 2015-2020 Table 116 Domestic versus Foreign Spend 2020

MARKET DATA

Table 117 Financial Cards by Category: Number of Cards in Circulation 2015-2020 Table 118 Financial Cards by Category: Number of Accounts 2015-2020 Table 119 Financial Cards Transactions by Category: Value 2015-2020 Table 120 Financial Cards by Category: Number of Transactions 2015-2020 Table 121 Consumer Payments by Category: Value 2015-2020 Table 122 Consumer Payments by Category: Number of Transactions 2015-2020 Table 123 M-Commerce by Category: Value 2015-2020 Table 124 M-Commerce by Category: % Value Growth 2015-2020 Table 125 Financial Cards: Number of Cards by Issuer 2015-2019 Table 126 Financial Cards: Number of Cards by Operator 2015-2019 Table 127 Financial Cards: Card Payment Transactions Value by Operator 2015-2019 Table 128 Financial Cards: Card Payment Transactions Value by Issuer 2015-2019 Table 129 Forecast Financial Cards by Category: Number of Cards in Circulation 2020-2025 Table 130 Forecast Financial Cards by Category: Number of Accounts 2020-2025 Table 131 Forecast Financial Cards Transactions by Category: Value 2020-2025 Table 132 Forecast Financial Cards by Category: Number of Transactions 2020-2025 Table 133 Forecast Consumer Payments by Category: Value 2020-2025 Table 134 Forecast Consumer Payments by Category: Number of Transactions 2020-2025 Table 135 Forecast M-Commerce by Category: Value 2020-2025 Table 136 Forecast M-Commerce by Category: % Value Growth 2020-2025

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

SOURCES

Summary 1 Research Sources
Share:

Why buy this report?

  • 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

This report originates from Passport, our Debit Transactions research and analysis database.

NEW REPORT GUARANTEE

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Home Page