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Learn moreNov 2020
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Prior to the arrival of the COVID-19 pandemic in the Czech Republic, the most common use of debit cards was to gain access to cash via ATMs. However, with the public image of cash having taken something of a knock due to perceptions that it poses a hygiene risk in terms of transmitting the COVID-19 virus, 2020 saw a dramatic shift in the use of debit cards.
One of the most important trends in the Czech financial services industry towards the end of the review period was the growing importance of the role played by mid-size online banks. Despite the already high penetration of debit cards, the number of cards in circulation is still growing steadily.
One particularly notable trend in debit cards during 2020 was that the negative impact of the COVID-19 situation on the economy of Czech Republic had a far stronger impact on the finances of small businesses than it did on the finances of private consumers. As a result, the performance recorded in commercial debit cards over the course of the year was vastly inferior to that registered in personal debit cards.
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Discover the latest market trends and uncover sources of future market growth for the Debit Transactions industry in Czech Republic with research from Euromonitor's team of in-country analysts.
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If you're in the Debit Transactions industry in Czech Republic, our research will save you time and money while empowering you to make informed, profitable decisions.
The Debit Transactions in Czech Republic market research report includes:
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Euromonitor’s industry reports, including Debit Transactions in Czech Republic, 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.