Euromonitor International
- Item successfully added to cart!
  
  Your cart is empty
  
  View Cart Check Out

Country Report

Financial Cards and Payments in

Financial Cards and Payments in Israel

Nov 2019

US$2,100

Add to cart Pay by invoice

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!

Executive Summary

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!

Further strong increases in debit cards propels growth in financial cards and payments

2019 saw further strong growth recorded in financial cards and payments in Israel, although much of this growth was due to the significant uptake of debit cards among the population. Credit cards and pre-paid cards each recorded negative growth over the course of the year.

Israel’s largest banks divest their card lending divisions in response to regulatory action

During the review period, Israel’s financial services industry come under increasing scrutiny following the formation of the Strum Committee in June 2015 with the aim of improving competition between the country’s leading banks. One of the main decisions taken by the Strum Committee was to separate financial card issuers from the banks that own them.

Financial cards and payments benefits from the general shift away from the use of cash

2019 saw Israel move further towards becoming a cashless society as the government supported the shift away from cash and towards the use of financial cards. New regulations implemented by the Bank of Israel had a major impact for example by making it easier, cheaper and more convenient than ever before to use a variety of financial cards to pay in both the proximity and remote environments.

The launch of electronic ticketing on Tel Aviv’s transport system promises a recovery in pre-paid cards

During 2019, Tel Aviv’s public transport system moved towards electronic ticketing with the launch of pre-paid cards that operate as multi-line tickets for the entire system. This coincided with the withdrawal of the option to pay in cash, leaving passengers with no option but to pay for the journeys via the multi-line ticket, which comes in the form of a closed loop pre-paid card.

A positive future for the industry, although credit cards will continue to struggle

Financial cards and payments can be expected to continue registering positive growth over the forecast period as Israel moves ever closer towards becoming a cashless society. Although barriers to growth remain, not least in credit cards, consumer attitudes towards financial cards are generally very positive and this is unlikely to see any significant change for the foreseeable future.

Files are delivered directly into your account within a few minutes of purchase.

Overview

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.

Samples (FAQs about samples):

Delivery: Files are delivered directly into your account within a few minutes of purchase.

Overview

Discover the latest market trends and uncover sources of future market growth for the Financial Cards and Payments industry in Israel 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 Financial Cards and Payments industry in Israel, our research will save you time and money while empowering you to make informed, profitable decisions.

The Financial Cards and Payments in Israel market research report includes:

Analysis of key supply-side and demand trends
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Financial Cards and Payments in Israel?
What are the major operators and issuers in Israel?
How will regulation impact the market?
What is the current state of emerging payment technologies such as mobile commerce?

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

Euromonitor’s industry reports, including Financial Cards and Payments in Israel, originate from our database within our Consumer Finance market share and market size database, Passport, a platform which analyses Consumer Finance in 46 countries and globally.

Want to find out more about this report?

Request more information

Financial Cards and Payments in Israel - Industry Overview

EXECUTIVE SUMMARY

Further strong increases in debit cards propels growth in financial cards and payments

Israel’s largest banks divest their card lending divisions in response to regulatory action

Financial cards and payments benefits from the general shift away from the use of cash

The launch of electronic ticketing on Tel Aviv’s transport system promises a recovery in pre-paid cards

A positive future for the industry, although credit cards will continue to struggle

MARKET INDICATORS

Table 1 Number of POS Terminals: Units 2014-2019
Table 2 Number of ATMs: Units 2014-2019
Table 3 Value Lost to Fraud 2014-2019
Table 4 Card Expenditure by Location 2019
Table 5 Financial Cards in Circulation by Type: % Number of Cards 2014-2019
Table 6 Domestic versus Foreign Spend 2019

MARKET DATA

Table 7 Financial Cards by Category: Number of Cards in Circulation 2014-2019
Table 8 Financial Cards by Category: Number of Accounts 2014-2019
Table 9 Financial Cards Transactions by Category: Value 2014-2019
Table 10 Financial Cards by Category: Number of Transactions 2014-2019
Table 11 Consumer Payments by Category: Value 2014-2019
Table 12 Consumer Payments by Category: Number of Transactions 2014-2019
Table 13 M-Commerce by Category: Value 2014-2019
Table 14 M-Commerce by Category: % Value Growth 2014-2019
Table 15 Financial Cards: Number of Cards by Issuer 2014-2018
Table 16 Financial Cards: Number of Cards by Operator 2014-2018
Table 17 Financial Cards: Card Payment Transactions Value by Operator 2014-2018
Table 18 Financial Cards: Card Payment Transactions Value by Issuer 2014-2018
Table 19 Forecast Financial Cards by Category: Number of Cards in Circulation 2019-2024
Table 20 Forecast Financial Cards by Category: Number of Accounts 2019-2024
Table 21 Forecast Financial Cards Transactions by Category: Value 2019-2024
Table 22 Forecast Financial Cards by Category: Number of Transactions 2019-2024
Table 23 Forecast Consumer Payments by Category: Value 2019-2024
Table 24 Forecast Consumer Payments by Category: Number of Transactions 2019-2024
Table 25 Forecast M-Commerce by Category: Value 2019-2024
Table 26 Forecast M-Commerce by Category: % Value Growth 2019-2024

SOURCES

Summary 1 Research Sources

Charge Cards in Israel - Category analysis

HEADLINES

PROSPECTS

Israeli consumers continue to prefer charge cards over credit cards

Rising private consumption favourable for charge cards

The rise of digital wallets likely to be favourable for growth in charge cards

COMPETITIVE LANDSCAPE

A huge gap exists between the financial cards usage of Jewish and Arab consumers

Co-branding becomes more sophisticated with the emergence of the Maccabi Tel Aviv charge card

Chained retailer Machsanei Hashuk launches its own co-branded charge card

CATEGORY DATA

Table 27 Charge Cards: Number of Cards in Circulation 2014-2019
Table 28 Charge Cards Transactions 2014-2019
Table 29 Charge Cards in Circulation: % Growth 2014-2019
Table 30 Charge Cards Transactions: % Growth 2014-2019
Table 31 Commercial Charge Cards: Number of Cards in Circulation 2014-2019
Table 32 Commercial Charge Cards Transactions 2014-2019
Table 33 Commercial Charge Cards in Circulation: % Growth 2014-2019
Table 34 Commercial Charge Cards Transactions: % Growth 2014-2019
Table 35 Personal Charge Cards: Number of Cards in Circulation 2014-2019
Table 36 Personal Charge Cards Transactions 2014-2019
Table 37 Personal Charge Cards in Circulation: % Growth 2014-2019
Table 38 Personal Charge Cards Transactions: % Growth 2014-2019
Table 39 Charge Cards: Number of Cards by Issuer 2014-2018
Table 40 Charge Cards: Number of Cards by Operator 2014-2018
Table 41 Charge Cards Payment Transaction Value by Issuer 2014-2018
Table 42 Charge Cards Payment Transaction Value by Operator 2014-2018
Table 43 Commercial Charge Cards: Number of Cards by Issuer 2014-2018
Table 44 Commercial Charge Cards: Number of Cards by Operator 2014-2018
Table 45 Commercial Charge Cards Payment Transaction Value by Issuer 2014-2018
Table 46 Commercial Charge Cards Payment Transaction Value by Operator 2014-2018
Table 47 Personal Charge Cards: Number of Cards by Issuer 2014-2018
Table 48 Personal Charge Cards: Number of Cards by Operator 2014-2018
Table 49 Personal Charge Cards Transaction Value by Issuer 2014-2018
Table 50 Personal Charge Cards Transaction Value by Operator 2014-2018
Table 51 Forecast Charge Cards: Number of Cards in Circulation 2019-2024
Table 52 Forecast Charge Cards Transactions 2019-2024
Table 53 Forecast Charge Cards in Circulation: % Growth 2019-2024
Table 54 Forecast Charge Cards Transactions: % Growth 2019-2024
Table 55 Forecast Commercial Charge Cards: Number of Cards in Circulation 2019-2024
Table 56 Forecast Commercial Charge Cards Transactions 2019-2024
Table 57 Forecast Commercial Charge Cards in Circulation: % Growth 2019-2024
Table 58 Forecast Commercial Charge Cards Transactions: % Growth 2019-2024
Table 59 Forecast Personal Charge Cards: Number of Cards in Circulation 2019-2024
Table 60 Forecast Personal Charge Cards Transactions 2019-2024
Table 61 Forecast Personal Charge Cards in Circulation: % Growth 2019-2024
Table 62 Forecast Personal Charge Cards Transactions: % Growth 2019-2024

Credit Cards in Israel - Category analysis

HEADLINES

PROSPECTS

Decline seen in credit cards due to condition from debit cards and digital wallets

The shift towards more online retailing harms credit cards

Credit cards suffers from its reputation for being an expensive form of credit

COMPETITIVE LANDSCAPE

IsraCard maintains its position as the leading issuer of credit cards

Bank Leumi leads in commercial credit cards

Generally negative attitudes towards credit cards impact all category players

CATEGORY DATA

Table 63 Credit Cards: Number of Cards in Circulation 2014-2019
Table 64 Credit Cards Transactions 2014-2019
Table 65 Credit Cards in Circulation: % Growth 2014-2019
Table 66 Credit Cards Transactions: % Growth 2014-2019
Table 67 Commercial Credit Cards: Number of Cards in Circulation 2014-2019
Table 68 Commercial Credit Cards Transactions 2014-2019
Table 69 Commercial Credit Cards in Circulation: % Growth 2014-2019
Table 70 Commercial Credit Cards Transactions: % Growth 2014-2019
Table 71 Personal Credit Cards: Number of Cards in Circulation 2014-2019
Table 72 Personal Credit Cards Transactions 2014-2019
Table 73 Personal Credit Cards in Circulation: % Growth 2014-2019
Table 74 Personal Credit Cards Transactions: % Growth 2014-2019
Table 75 Credit Cards: Number of Cards by Issuer 2014-2018
Table 76 Credit Cards: Number of Cards by Operator 2014-2018
Table 77 Credit Cards Payment Transaction Value by Issuer 2014-2018
Table 78 Credit Cards Payment Transaction Value by Operator 2014-2018
Table 79 Commercial Credit Cards: Number of Cards by Issuer 2014-2018
Table 80 Commercial Credit Cards: Number of Cards by Operator 2014-2018
Table 81 Commercial Credit Cards Payment Transaction Value by Issuer 2014-2018
Table 82 Commercial Credit Cards Payment Transaction Value by Operator 2014-2018
Table 83 Personal Credit Cards: Number of Cards by Issuer 2014-2018
Table 84 Personal Credit Cards: Number of Cards by Operator 2014-2018
Table 85 Personal Credit Cards Payment Transaction Value by Issuer 2014-2018
Table 86 Personal Credit Cards Payment Transaction Value by Operator 2014-2018
Table 87 Forecast Credit Cards: Number of Cards in Circulation 2019-2024
Table 88 Forecast Credit Cards Transactions 2019-2024
Table 89 Forecast Credit Cards in Circulation: % Growth 2019-2024
Table 90 Forecast Credit Cards Transactions: % Growth 2019-2024
Table 91 Forecast Commercial Credit Cards: Number of Cards in Circulation 2019-2024
Table 92 Forecast Commercial Credit Cards Transactions 2019-2024
Table 93 Forecast Commercial Credit Cards in Circulation: % Growth 2019-2024
Table 94 Forecast Commercial Credit Cards Transactions: % Growth 2019-2024
Table 95 Forecast Personal Credit Cards: Number of Cards in Circulation 2019-2024
Table 96 Forecast Personal Credit Cards Transactions 2019-2024
Table 97 Forecast Personal Credit Cards in Circulation: % Growth 2019-2024
Table 98 Forecast Personal Credit Cards Transactions: % Growth 2019-2024

Debit Cards in Israel - Category analysis

HEADLINES

PROSPECTS

Favourable regulatory environment boosts growth in debit cards

Consumer dissatisfaction with the high fees levied on credit cards boosts debit cards

Further reductions in debit clearing fees likely to support growth

COMPETITIVE LANDSCAPE

Advertising campaigns boost consumer awareness of the advantages of debit cards

Monthly commission fees for IsraCard debit cards increase in September 2019

Hybrid financial card Combo Card debuts in Israel

CATEGORY DATA

Table 99 Debit Cards: Number of Cards in Circulation 2014-2019
Table 100 Debit Cards Transactions 2014-2019
Table 101 Debit Cards in Circulation: % Growth 2014-2019
Table 102 Debit Cards Transactions: % Growth 2014-2019
Table 103 Debit Cards: Number of Cards by Issuer 2014-2018
Table 104 Debit Cards: Number of Cards by Operator 2014-2018
Table 105 Debit Cards Payment Transaction Value by Issuer 2014-2018
Table 106 Debit Cards Payment Transaction Value by Operator 2014-2018
Table 107 Forecast Debit Cards: Number of Cards in Circulation 2019-2024
Table 108 Forecast Debit Cards Transactions 2019-2024
Table 109 Forecast Debit Cards in Circulation: % Growth 2019-2024
Table 110 Forecast Debit Cards Transactions: % Growth 2019-2024

Pre-Paid Cards in Israel - Category analysis

HEADLINES

PROSPECTS

Widening availability of digital alternatives to pre-paid gift cards places pressure on the category

Increases in outbound travel and online shopping support open loop pre-paid cards

Arrival of Tel Aviv’s multi-line transport card set to reinvigorate closed loop pre-paid cards

COMPETITIVE LANDSCAPE

Max Gift remains the leading name in closed loop pre-paid cards

Israel Post taps into demand for pre-paid cards among younger consumers

The arrival of Plus Card heralds the country’s first pre-loaded debit card

CATEGORY DATA

Table 111 Pre-paid Cards: Number of Cards in Circulation 2014-2019
Table 112 Pre-paid Cards Transactions 2014-2019
Table 113 Pre-paid Cards in Circulation: % Growth 2014-2019
Table 114 Pre-paid Cards Transactions: % Growth 2014-2019
Table 115 Closed Loop Pre-paid Cards Transactions 2014-2019
Table 116 Closed Loop Pre-paid Cards Transactions: % Growth 2014-2019
Table 117 Open Loop Pre-paid Cards Transactions 2014-2019
Table 118 Open Loop Pre-paid Cards Transactions: % Growth 2014-2019
Table 119 Pre-paid Cards: Number of Cards by Issuer 2014-2018
Table 120 Pre-paid Cards: Number of Cards by Operator 2014-2018
Table 121 Pre-paid Cards Transaction Value by Issuer 2014-2018
Table 122 Pre-paid Cards Transaction Value by Operator 2014-2018
Table 123 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2014-2018
Table 124 Closed Loop Pre-paid Cards: Number of Cards by Operator 2014-2018
Table 125 Closed Loop Pre-paid Cards Transaction Value by Issuer 2014-2018
Table 126 Closed Loop Pre-paid Cards Transaction Value by Operator 2014-2018
Table 127 Open Loop Pre-paid Cards: Number of Cards by Issuer 2014-2018
Table 128 Open Loop Pre-paid Cards: Number of Cards by Operator 2014-2018
Table 129 Open Loop Pre-paid Cards Transaction Value by Issuer 2014-2018
Table 130 Open Loop Pre-paid Cards Transaction Value by Operator 2014-2018
Table 131 Forecast Pre-paid Cards: Number of Cards in Circulation 2019-2024
Table 132 Forecast Pre-paid Cards Transactions 2019-2024
Table 133 Forecast Pre-paid Cards in Circulation: % Growth 2019-2024
Table 134 Forecast Pre-paid Cards Transactions: % Growth 2019-2024
Table 135 Forecast Closed Loop Pre-paid Cards Transactions 2019-2024
Table 136 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2019-2024
Table 137 Forecast Open Loop Pre-paid Cards Transactions 2019-2024
Table 138 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2019-2024

Megatrends

Country Report

Financial Cards and Payments in Israel

New Report Guarantee

Executive Summary

New Report Guarantee

Further strong increases in debit cards propels growth in financial cards and payments

Israel’s largest banks divest their card lending divisions in response to regulatory action

Financial cards and payments benefits from the general shift away from the use of cash

The launch of electronic ticketing on Tel Aviv’s transport system promises a recovery in pre-paid cards

A positive future for the industry, although credit cards will continue to struggle

Overview

Why buy this report?

Samples (FAQs about samples):

Want to find out more about this report?

Table of Contents

Financial Cards and Payments in Israel - Industry Overview

EXECUTIVE SUMMARY

Further strong increases in debit cards propels growth in financial cards and payments

Israel’s largest banks divest their card lending divisions in response to regulatory action

Financial cards and payments benefits from the general shift away from the use of cash

The launch of electronic ticketing on Tel Aviv’s transport system promises a recovery in pre-paid cards

A positive future for the industry, although credit cards will continue to struggle

MARKET INDICATORS

MARKET DATA

SOURCES

Charge Cards in Israel - Category analysis

HEADLINES

PROSPECTS

Israeli consumers continue to prefer charge cards over credit cards

Rising private consumption favourable for charge cards

The rise of digital wallets likely to be favourable for growth in charge cards

COMPETITIVE LANDSCAPE

A huge gap exists between the financial cards usage of Jewish and Arab consumers

Co-branding becomes more sophisticated with the emergence of the Maccabi Tel Aviv charge card

Chained retailer Machsanei Hashuk launches its own co-branded charge card

CATEGORY DATA

Credit Cards in Israel - Category analysis

HEADLINES

PROSPECTS

Decline seen in credit cards due to condition from debit cards and digital wallets

The shift towards more online retailing harms credit cards

Credit cards suffers from its reputation for being an expensive form of credit

COMPETITIVE LANDSCAPE

IsraCard maintains its position as the leading issuer of credit cards

Bank Leumi leads in commercial credit cards

Generally negative attitudes towards credit cards impact all category players

CATEGORY DATA

Debit Cards in Israel - Category analysis

HEADLINES

PROSPECTS

Favourable regulatory environment boosts growth in debit cards

Consumer dissatisfaction with the high fees levied on credit cards boosts debit cards

Further reductions in debit clearing fees likely to support growth

COMPETITIVE LANDSCAPE

Advertising campaigns boost consumer awareness of the advantages of debit cards

Monthly commission fees for IsraCard debit cards increase in September 2019

Hybrid financial card Combo Card debuts in Israel

CATEGORY DATA

Pre-Paid Cards in Israel - Category analysis

HEADLINES

PROSPECTS

Widening availability of digital alternatives to pre-paid gift cards places pressure on the category

Increases in outbound travel and online shopping support open loop pre-paid cards

Arrival of Tel Aviv’s multi-line transport card set to reinvigorate closed loop pre-paid cards

COMPETITIVE LANDSCAPE

Max Gift remains the leading name in closed loop pre-paid cards

Israel Post taps into demand for pre-paid cards among younger consumers

The arrival of Plus Card heralds the country’s first pre-loaded debit card

CATEGORY DATA

Store Cards in Israel - Category analysis

HEADLINES

Why buy this report?

Want to find out more about this report?

Recently Viewed

Complete Catalogue

Country Reports

Company Reports

Recently Viewed

Complete Catalogue