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Learn moreNov 2020
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Like debit cards and credit cards, in Argentina, store cards have also benefited from the shift away from cash payment. The main benefit of store cards is that they offer special discounts and the possibility of paying for something in instalments with no interest.
While inflation is making sure that store card current value transactions continue to climb, the number of cards in circulation fell further in 2020. Increasingly, retailers are opting to offer customers a credit card that is accepted in all stores.
With the great migration of a large number of Cencosud cards to MasterCard, the Carrefour card offered by Banco de Servicios Financieros is now the most important store card in Argentina. The main benefits of Carrefour cards are the possibility to access special discounts in outlets, payment instalment plans and the possibility of gaining better financing terms in some product areas, such as electronics, which tend to involve products at higher prices.
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Discover the latest market trends and uncover sources of future market growth for the Store Card Transactions industry in Argentina with research from Euromonitor's team of in-country analysts.
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If you're in the Store Card Transactions industry in Argentina, our research will save you time and money while empowering you to make informed, profitable decisions.
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Euromonitor’s industry reports, including Store Card Transactions in Argentina, 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.