Financial Cards and Payments in Colombia - Industry Overview
Financial cards and payments in 2022: The big picture
Digitalisation of banking fuelling growth in cards
What next for financial cards and payments?
Table 1 Number of POS Terminals: Units 2017-2022
Table 2 Number of ATMs: Units 2017-2022
Table 3 Value Lost to Fraud 2017-2022
Table 4 Card Expenditure by Location 2022
Table 5 Financial Cards in Circulation by Type: % Number of Cards 2017-2022
Table 6 Domestic versus Foreign Spend 2022
Table 7 Financial Cards by Category: Number of Cards in Circulation 2017-2022
Table 8 Financial Cards by Category: Number of Accounts 2017-2022
Table 9 Financial Cards Transactions by Category: Value 2017-2022
Table 10 Financial Cards by Category: Number of Transactions 2017-2022
Table 11 Commerical Payments by Category: Value 2017-2022
Table 12 Commercial Payments by Category: Number of Transactions 2017-2022
Table 13 Personal Payments by Category: Value 2017-2022
Table 14 Personal Payments by Category: Number of Transactions 2017-2022
Table 15 M-Commerce by Category: Value 2017-2022
Table 16 M-Commerce by Category: % Value Growth 2017-2022
Table 17 Financial Cards: Number of Cards by Issuer 2017-2021
Table 18 Financial Cards: Number of Cards by Operator 2017-2021
Table 19 Financial Cards: Card Payment Transactions Value by Operator 2017-2021
Table 20 Financial Cards: Card Payment Transactions Value by Issuer 2017-2021
Table 21 Forecast Financial Cards by Category: Number of Cards in Circulation 2022-2027
Table 22 Forecast Financial Cards by Category: Number of Accounts 2022-2027
Table 23 Forecast Financial Cards Transactions by Category: Value 2022-2027
Table 24 Forecast Financial Cards by Category: Number of Transactions 2022-2027
Table 25 Forecast Commercial Payments by Category: Value 2022-2027
Table 26 Forecast Commercial Payments by Category: Number of Transactions 2022-2027
Table 27 Forecast Personal Payments by Category: Value 2022-2027
Table 28 Forecast Personal Payments by Category: Number of Transactions 2022-2027
Table 29 Forecast M-Commerce by Category: Value 2022-2027
Table 30 Forecast M-Commerce by Category: % Value Growth 2022-2027
Summary 1 Research Sources
Charge Cards in Colombia - Category analysis
Credit Cards in Colombia - Category analysis
Credit cards trailing behind debit cards
Online shopping and e-commerce a key driver for growth for credit cards.
Continued aggressive credit card differentiation as competitors fight for customers
Fintechs drive growth in serving underserved
Impact of interest hikes will play out over forecast period
Table 31 Credit Cards: Number of Cards in Circulation 2017-2022
Table 32 Credit Cards Transactions 2017-2022
Table 33 Credit Cards in Circulation: % Growth 2017-2022
Table 34 Credit Cards Transactions: % Growth 2017-2022
Table 35 Commercial Credit Cards: Number of Cards in Circulation 2017-2022
Table 36 Commercial Credit Cards Transactions 2017-2022
Table 37 Commercial Credit Cards in Circulation: % Growth 2017-2022
Table 38 Commercial Credit Cards Transactions: % Growth 2017-2022
Table 39 Personal Credit Cards: Number of Cards in Circulation 2017-2022
Table 40 Personal Credit Cards Transactions 2017-2022
Table 41 Personal Credit Cards in Circulation: % Growth 2017-2022
Table 42 Personal Credit Cards Transactions: % Growth 2017-2022
Table 43 Credit Cards: Number of Cards by Issuer 2017-2021
Table 44 Credit Cards: Number of Cards by Operator 2017-2021
Table 45 Credit Cards Payment Transaction Value by Issuer 2017-2021
Table 46 Credit Cards Payment Transaction Value by Operator 2017-2021
Table 47 Commercial Credit Cards: Number of Cards by Issuer 2017-2021
Table 48 Commercial Credit Cards: Number of Cards by Operator 2017-2021
Table 49 Commercial Credit Cards Payment Transaction Value by Issuer 2017-2021
Table 50 Commercial Credit Cards Payment Transaction Value by Operator 2017-2021
Table 51 Personal Credit Cards: Number of Cards by Issuer 2017-2021
Table 52 Personal Credit Cards: Number of Cards by Operator 2017-2021
Table 53 Personal Credit Cards Payment Transaction Value by Issuer 2017-2021
Table 54 Personal Credit Cards Payment Transaction Value by Operator 2017-2021
Table 55 Forecast Credit Cards: Number of Cards in Circulation 2022-2027
Table 56 Forecast Credit Cards Transactions 2022-2027
Table 57 Forecast Credit Cards in Circulation: % Growth 2022-2027
Table 58 Forecast Credit Cards Transactions: % Growth 2022-2027
Table 59 Forecast Commercial Credit Cards: Number of Cards in Circulation 2022-2027
Table 60 Forecast Commercial Credit Cards Transactions 2022-2027
Table 61 Forecast Commercial Credit Cards in Circulation: % Growth 2022-2027
Table 62 Forecast Commercial Credit Cards Transactions: % Growth 2022-2027
Table 63 Forecast Personal Credit Cards: Number of Cards in Circulation 2022-2027
Table 64 Forecast Personal Credit Cards Transactions 2022-2027
Table 65 Forecast Personal Credit Cards in Circulation: % Growth 2022-2027
Table 66 Forecast Personal Credit Cards Transactions: % Growth 2022-2027
Debit Cards in Colombia - Category analysis
Debit cards continue growth
Increasing usage of mobile wallets
Physical banking infrastructure in decline as digital banking grows
Debit cards continue high growth
QR payments could dampen growth in debit cards
Colombia is hotbed for emerging technologies
Table 67 Debit Cards: Number of Cards in Circulation 2017-2022
Table 68 Debit Cards Transactions 2017-2022
Table 69 Debit Cards in Circulation: % Growth 2017-2022
Table 70 Debit Cards Transactions: % Growth 2017-2022
Table 71 Debit Cards: Number of Cards by Issuer 2017-2021
Table 72 Debit Cards: Number of Cards by Operator 2017-2021
Table 73 Debit Cards Payment Transaction Value by Issuer 2017-2021
Table 74 Debit Cards Payment Transaction Value by Operator 2017-2021
Table 75 Forecast Debit Cards: Number of Cards in Circulation 2022-2027
Table 76 Forecast Debit Cards Transactions 2022-2027
Table 77 Forecast Debit Cards in Circulation: % Growth 2022-2027
Table 78 Forecast Debit Cards Transactions: % Growth 2022-2027
Pre-Paid Cards in Colombia - Category analysis
Closed pre-paid cards much more popular and register higher growth in 2022
Transport main user of pre-paid cards
Transport cards adopt digital technology
Outlook more positive for closed loop pre-paid cards
Open loop prepaid cards register transaction value decline
Pre-paid cards a key tool for the unbanked
Table 79 Pre-paid Cards: Number of Cards in Circulation 2017-2022
Table 80 Pre-paid Cards Transactions 2017-2022
Table 81 Pre-paid Cards in Circulation: % Growth 2017-2022
Table 82 Pre-paid Cards Transactions: % Growth 2017-2022
Table 83 Closed Loop Pre-paid Cards Transactions 2017-2022
Table 84 Closed Loop Pre-paid Cards Transactions: % Growth 2017-2022
Table 85 Open Loop Pre-paid Cards Transactions 2017-2022
Table 86 Open Loop Pre-paid Cards Transactions: % Growth 2017-2022
Table 87 Pre-paid Cards: Number of Cards by Issuer 2017-2021
Table 88 Pre-paid Cards: Number of Cards by Operator 2017-2021
Table 89 Pre-paid Cards Transaction Value by Issuer 2017-2021
Table 90 Pre-paid Cards Transaction Value by Operator 2017-2021
Table 91 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2017-2021
Table 92 Closed Loop Pre-paid Cards: Number of Cards by Operator 2017-2021
Table 93 Closed Loop Pre-paid Cards Transaction Value by Issuer 2017-2021
Table 94 Closed Loop Pre-paid Cards Transaction Value by Operator 2017-2021
Table 95 Open Loop Pre-paid Cards: Number of Cards by Issuer 2017-2021
Table 96 Open Loop Pre-paid Cards: Number of Cards by Operator 2017-2021
Table 97 Open Loop Pre-paid Cards Transaction Value by Issuer 2017-2021
Table 98 Open Loop Pre-paid Cards Transaction Value by Operator 2017-2021
Table 99 Forecast Pre-paid Cards: Number of Cards in Circulation 2022-2027
Table 100 Forecast Pre-paid Cards Transactions 2022-2027
Table 101 Forecast Pre-paid Cards in Circulation: % Growth 2022-2027
Table 102 Forecast Pre-paid Cards Transactions: % Growth 2022-2027
Table 103 Forecast Closed Loop Pre-paid Cards Transactions 2022-2027
Table 104 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2022-2027
Table 105 Forecast Open Loop Pre-paid Cards Transactions 2022-2027
Table 106 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2022-2027
Store Cards in Colombia - Category analysis
Decline in store cards in 2022
Tuya maintains clear lead in store cards
Store cards first access to credit for many underserved Colombians
Continued downward decline
Loyalty programs remains key tool to drive up numbers
Co-branded cards win out over store cards
Table 107 Store Cards: Number of Cards in Circulation 2017-2022
Table 108 Store Cards Transactions 2017-2022
Table 109 Store Cards in Circulation: % Growth 2017-2022
Table 110 Store Cards Transactions: % Growth 2017-2022
Table 111 Store Cards: Number of Cards by Issuer 2017-2021
Table 112 Store Cards: Payment Transaction Value by Issuer 2017-2021
Table 113 Forecast Store Cards: Number of Cards in Circulation 2022-2027
Table 114 Forecast Store Cards Transactions 2022-2027
Table 115 Forecast Store Cards in Circulation: % Growth 2022-2027
Table 116 Forecast Store Cards Transactions: % Growth 2022-2027