Debit Transactions

Market research on debit transactions. Our reports feature standardised and cross-comparable statistics including total market sizes, market share and brand share data, distribution and industry trends.

Country Report

Country Report

Debit Cards in Nigeria

Dec 2020

While Nigeria is a cash-driven society with a high proportion of transactions continuing to use this method, debit cards has continued to consolidate its position as the most popular financial card in the country due to its functionality, which ...

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Debit Cards in Saudi Arabia

Dec 2020

Debit card transactions continued to see positive growth in 2020, although at slightly slower rates compared to the previous year as consumers were more cautious in their spending as a consequence of the economic impact of COVID-19. For purchases, ...

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Debit Cards in Israel

Dec 2020

The positive growth seen in debit cards in 2020, both in terms of the numbers of cards in circulation and in transactions volume and value terms, can be attributed mainly to the recommendations and regulations of the Bank of Israel. The country’s ...

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Debit Cards in Morocco

Dec 2020

The presence of the COVID-19 pandemic in Morocco during 2020 led to strong growth being recorded in the use of debit cards, with increases seen in debit card transactions value and volume over the course of the year. The use of debit cards as tools ...

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Debit Cards in Ukraine

Dec 2020

2020 saw debit cards remain by far the most popular and most widespread type of financial cards in Ukraine, with there being three and half times the number of debit cards than credit cards in circulation. Debit card usage increased over the course ...

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Debit Cards in South Africa

Nov 2020

The emergence of COVID-19 in South Africa and the subsequent lockdown measures resulted in rising unemployment (particularly for those involved in the tourism and foodservice industries), and decreasing disposable incomes. Weak consumer sentiment ...

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Debit Cards in Denmark

Nov 2020

The COVID-19 pandemic has accelerated migration towards non-cash payments in Denmark, especially debit cards. Indeed, contactless debit card payments are increasingly becoming the norm throughout the country. However, at the beginning of the ...

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Debit Cards in Greece

Nov 2020

2020 saw a huge shift away from the use of cash as a payment method and towards the use of financial cards as direct payment tools at points of sale. In particular, contactless financial cards were the preferred payment method of increasing numbers ...

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Debit Cards in Norway

Nov 2020

During 2020, the main impact of the COVID-19 pandemic on the use of payment cards in general and debit cards in particular was the reluctance of consumers to handle cash. The main reason for this is the widespread perception that coins and banknotes ...

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Debit Cards in Hungary

Nov 2020

The COVID-19 epidemic and the quarantine lockdown and other safety measures that were implemented in response to it had a complex impact on the use of debit cards in Hungary. In particular, the short-term effects of the rapidly evolving COVID-19 ...

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Debit Cards in Argentina

Nov 2020

The COVID-19 pandemic has accelerated migration towards non-cash payments, predominantly debit cards. Indeed, contactless debit card payments are increasingly becoming the norm throughout the country. However, at the beginning of the outbreak, due to...

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Debit Cards in Portugal

Nov 2020

Following an ongoing stable performance by the largest financial card category of debit cards towards the end of the review period, which was supported by a positive economic landscape resulting in rising disposable incomes and increased spending on ...

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Debit Cards in Colombia

Nov 2020

Strong growth was recorded in the number of debit cards in circulation in Colombia during 2020 as many people came aware of the fact that the use of contactless debit cards reduces the need for them to engage physically with cash. This is a major ...

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Debit Cards in Vietnam

Nov 2020

Although the number of debit cards in circulation declined over the course of 2020, debit card transactions recorded double-digit value growth in current terms. The use of debit cards continues to increase, a reflection of the dramatic increase seen ...

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Debit Cards in France

Nov 2020

The emergence of COVID-19 in France had a notable impact on debit card utilisation, although it differed from what was initially expected. With panic buying and concerns over coming into contact with the virus setting in, March 2020 saw an upturn in ...

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Debit Cards in the Philippines

Nov 2020

The decline in the number of cards in circulation has been softer in debit cards than in other categories, as the opening of new accounts for savings has partially offset the impact of the closure of accounts due to unemployment and the generally ...

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Debit Cards in the Czech Republic

Nov 2020

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 ...

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Debit Cards in Hong Kong, China

Nov 2020

Debit cards lack popularity in Hong Kong as local consumers fundamentally tend to prefer credit cards and pre-paid cards to debit cards due to several reasons. Firstly, the local debit card system EPS can only be used in Hong Kong, meaning many ...

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Debit Cards in Turkey

Nov 2020

The COVID-19 pandemic has accelerated migration towards non-cash payments, predominantly debit cards. Indeed, contactless debit card payments are increasingly becoming the norm throughout the country. However, at the beginning of the outbreak, due to...

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Debit Cards in the United Arab Emirates

Nov 2020

The number of debit cards has continued to rise in 2020 due to new account holders during the first quarter of the year and residents opening new bank accounts in other banks as they look for better card products and more flexible banking products ...

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