Financial Cards and Payments in Venezuela

November 2018 | 44 pages | ID: F052BAE8D49EN
Euromonitor International Ltd

Abstracts

Venezuelans are concerned about obtaining bolivars for any transaction, as they will need more notes to buy the same thing. The smallest denomination of paper money in any country should be intended to at least be able to pay for short transportation trips or small goods. However, such a premise is far from the reality in Venezuela. Thus, in 2018 President Nicolás Maduro announced a new currency redenomination, which eliminated five zeros on the country’s currency, to simplify transactions. Bank..

Euromonitor International's Financial Cards and Payments in Venezuela report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage: Financial Cards in Circulation, M-Commerce, Transactions.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Financial Cards and Payments market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

Executive Summary
New Currency Redenomination in 2018
Lack of Cash Increases in 2018
Number of Atms Continues To Decrease in 2018
Banks Adapt To the Country's Reality Through Mobile Payment System Innovations
Risk in the Operation of Banks Limits Growth
Market Indicators
  Table 1 Number of POS Terminals: Units 2013-2018
  Table 2 Number of ATMs: Units 2013-2018
  Table 3 Value Lost to Fraud 2013-2018
  Table 4 Card Expenditure by Location 2017
  Table 5 Financial Cards in Circulation by Type: % Number of Cards 2013-2018
  Table 6 Domestic versus Foreign Spend 2018
Market Data
  Table 7 Financial Cards by Category: Number of Cards in Circulation 2013-2018
  Table 8 Financial Cards by Category: Number of Accounts 2013-2018
  Table 9 Financial Cards Transactions by Category: Value 2013-2018
  Table 10 Financial Cards by Category: Number of Transactions 2013-2018
  Table 11 Consumer Payments by Category: Value 2013-2018
  Table 12 Consumer Payments by Category: Number of Transactions 2013-2018
  Table 13 M-Commerce by Category: Value 2013-2018
  Table 14 M-Commerce by Category: % Value Growth 2013-2018
  Table 15 Financial Cards: Number of Cards by Issuer 2013-2017
  Table 16 Financial Cards: Number of Cards by Operator 2013-2017
  Table 17 Financial Cards: Card Payment Transactions Value by Operator 2013-2017
  Table 18 Financial Cards: Card Payment Transactions Value by Issuer 2013-2017
  Table 19 Forecast Financial Cards by Category: Number of Cards in Circulation 2018-2023
  Table 20 Forecast Financial Cards by Category: Number of Accounts 2018-2023
  Table 21 Forecast Financial Cards Transactions by Category: Value 2018-2023
  Table 22 Forecast Financial Cards by Category: Number of Transactions 2018-2023
  Table 23 Forecast Consumer Payments by Category: Value 2018-2023
  Table 24 Forecast Consumer Payments by Category: Number of Transactions 2018-2023
  Table 25 Forecast M-Commerce by Category: Value 2018-2023
  Table 26 Forecast M-Commerce by Category: % Value Growth 2018-2023
Sources
  Summary 1 Research Sources
Prospects
Category Data
  Table 27 Charge Cards: Number of Cards in Circulation 2013-2018
  Table 28 Charge Cards Transactions 2013-2018
  Table 29 Charge Cards in Circulation: % Growth 2013-2017
  Table 30 Charge Cards Transactions: % Growth 2013-2017
  Table 31 Commercial Charge Cards: Number of Cards in Circulation 2013-2018
  Table 32 Commercial Charge Cards Transactions 2013-2018
  Table 33 Commercial Charge Cards in Circulation: % Growth 2013-2014
  Table 34 Commercial Charge Cards Transactions: % Growth 2013-2014
  Table 35 Personal Charge Cards: Number of Cards in Circulation 2013-2018
  Table 36 Personal Charge Cards Transactions 2013-2018
  Table 37 Personal Charge Cards in Circulation: % Growth 2013-2018
  Table 38 Personal Charge Cards Transactions: % Growth 2013-2018
  Table 39 Charge Cards: Number of Cards by Issuer 2013-2017
  Table 40 Charge Cards: Number of Cards by Operator 2013-2017
  Table 41 Charge Cards Payment Transaction Value by Issuer 2013-2017
  Table 42 Charge Cards Payment Transaction Value by Operator 2013-2017
  Table 43 Commercial Charge Cards: Number of Cards by Issuer 2013-2017
  Table 44 Commercial Charge Cards: Number of Cards by Operator 2013-2017
  Table 45 Commercial Charge Cards Payment Transaction Value by Issuer 2013-2017
  Table 46 Commercial Charge Cards Payment Transaction Value by Operator 2013-2017
  Table 47 Personal Charge Cards: Number of Cards by Issuer 2013-2017
  Table 48 Personal Charge Cards: Number of Cards by Operator 2013-2017
  Table 49 Personal Charge Cards Transaction Value by Issuer 2013-2017
  Table 50 Personal Charge Cards Transaction Value by Operator 2013-2017
Headlines
Prospects
Interest Rate of Credit Cards Is Fixed
Although Credit Cards Are Attractive, Transactions Continue To Decline
A Credit Card Can Be A "lifesaver" for the Consumer
Competitive Landscape
Banesco Banco Universal and Banco De Venezuela Continue To Lead Credit Cards
Banco De Venezuela Leads in Credit Cards for Older People
Public Banks Increase Credit Card Limits
Category Data
  Table 51 Credit Cards: Number of Cards in Circulation 2013-2018
  Table 52 Credit Cards Transactions 2013-2018
  Table 53 Credit Cards in Circulation: % Growth 2013-2018
  Table 54 Credit Cards Transactions: % Growth 2013-2018
  Table 55 Commercial Credit Cards: Number of Cards in Circulation 2013-2018
  Table 56 Commercial Credit Cards Transactions 2013-2018
  Table 57 Commercial Credit Cards in Circulation: % Growth 2013-2018
  Table 58 Commercial Credit Cards Transactions: % Growth 2013-2018
  Table 59 Personal Credit Cards: Number of Cards in Circulation 2013-2018
  Table 60 Personal Credit Cards Transactions 2013-2018
  Table 61 Personal Credit Cards in Circulation: % Growth 2013-2018
  Table 62 Personal Credit Cards Transactions: % Growth 2013-2018
  Table 63 Credit Cards: Number of Cards by Issuer 2013-2017
  Table 64 Credit Cards: Number of Cards by Operator 2013-2017
  Table 65 Credit Cards Payment Transaction Value by Issuer 2013-2017
  Table 66 Credit Cards Payment Transaction Value by Operator 2013-2017
  Table 67 Commercial Credit Cards: Number of Cards by Issuer 2013-2017
  Table 68 Commercial Credit Cards: Number of Cards by Operator 2013-2017
  Table 69 Commercial Credit Cards Payment Transaction Value by Issuer 2013-2017
  Table 70 Commercial Credit Cards Payment Transaction Value by Operator 2013-2017
  Table 71 Personal Credit Cards: Number of Cards by Issuer 2013-2017
  Table 72 Personal Credit Cards: Number of Cards by Operator 2013-2017
  Table 73 Personal Credit Cards Payment Transaction Value by Issuer 2013-2017
  Table 74 Personal Credit Cards Payment Transaction Value by Operator 2013-2017
  Table 75 Forecast Credit Cards: Number of Cards in Circulation 2018-2023
  Table 76 Forecast Credit Cards Transactions 2018-2023
  Table 77 Forecast Credit Cards in Circulation: % Growth 2018-2023
  Table 78 Forecast Credit Cards Transactions: % Growth 2018-2023
  Table 79 Forecast Commercial Credit Cards: Number of Cards in Circulation 2018-2023
  Table 80 Forecast Commercial Credit Cards Transactions 2018-2023
  Table 81 Forecast Commercial Credit Cards in Circulation: % Growth 2018-2023
  Table 82 Forecast Commercial Credit Cards Transactions: % Growth 2018-2023
  Table 83 Forecast Personal Credit Cards: Number of Cards in Circulation 2018-2023
  Table 84 Forecast Personal Credit Cards Transactions 2018-2023
  Table 85 Forecast Personal Credit Cards in Circulation: % Growth 2018-2023
  Table 86 Forecast Personal Credit Cards Transactions: % Growth 2018-2023
Headlines
Prospects
Consumers Even Pay for Candy With Debit Cards
Points of Sale Continue Declining in 2018
Prepaid Cards Compete With Debit Cards
Competitive Landscape
Banco De Venezuela Leads Debit Cards
Lack of Raw Material Challenges Innovation
Mastercard Continues Leading in Debit Cards
Category Data
  Table 87 Debit Cards: Number of Cards in Circulation 2013-2018
  Table 88 Debit Cards Transactions 2013-2018
  Table 89 Debit Cards in Circulation: % Growth 2013-2018
  Table 90 Debit Cards Transactions: % Growth 2013-2018
  Table 91 Debit Cards: Number of Cards by Issuer 2013-2017
  Table 92 Debit Cards: Number of Cards by Operator 2013-2017
  Table 93 Debit Cards Payment Transaction Value by Issuer 2013-2017
  Table 94 Debit Cards Payment Transaction Value by Operator 2013-2017
  Table 95 Forecast Debit Cards: Number of Cards in Circulation 2018-2023
  Table 96 Forecast Debit Cards Transactions 2018-2023
  Table 97 Forecast Debit Cards in Circulation: % Growth 2018-2023
  Table 98 Forecast Debit Cards Transactions: % Growth 2018-2023
Headlines
Prospects
Inflation Increases Use of Prepaid Cards
Prepaid Cards Are Used for Purchasing Basic Goods
Prepaid Cards Operators Adapt To the Country's Reality Through Mobile Payment System Innovations
Competitive Landscape
Cestaticket Accor Services Leads Prepaid Cards
Prepaid Cards Now Serve the Same Function As A Debit Card
Category Data
  Table 99 Pre-paid Cards: Number of Cards in Circulation 2013-2018
  Table 100 Pre-paid Cards Transactions 2013-2018
  Table 101 Pre-paid Cards in Circulation: % Growth 2013-2018
  Table 102 Pre-paid Cards Transactions: % Growth 2013-2018
  Table 103 Open Loop Pre-paid Cards Transactions 2013-2018
  Table 104 Open Loop Pre-paid Cards Transactions: % Growth 2013-2018
  Table 105 Pre-paid Cards: Number of Cards by Issuer 2013-2017
  Table 106 Pre-paid Cards: Number of Cards by Operator 2013-2017
  Table 107 Pre-paid Cards Transaction Value by Issuer 2013-2017
  Table 108 Pre-paid Cards Transaction Value by Operator 2013-2017
  Table 109 Open Loop Pre-paid Cards: Number of Cards by Issuer 2013-2017
  Table 110 Open Loop Pre-paid Cards: Number of Cards by Operator 2013-2017
  Table 111 Open Loop Pre-paid Cards Transaction Value by Issuer 2013-2017
  Table 112 Open Loop Pre-paid Cards Transaction Value by Operator 2013-2017
  Table 113 Forecast Pre-paid Cards: Number of Cards in Circulation 2018-2023
  Table 114 Forecast Pre-paid Cards Transactions 2018-2023
  Table 115 Forecast Pre-paid Cards in Circulation: % Growth 2018-2023
  Table 116 Forecast Pre-paid Cards Transactions: % Growth 2018-2023
  Table 117 Forecast Open Loop Pre-paid Cards Transactions 2018-2023
  Table 118 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2018-2023
Headlines
Prospects
Store Card Transactions Continue To Decline in 2018
Inflation Hampers Stores' Attempts To Offer Extra Benefits
Few Market Players See Specific Benefits
Competitive Landscape
Banesco Leads Store Cards in 2018
Operators Fight To Retain Lead in A Negative Environment
Banco Universal Mercantil Maintains Presence With Amway, Directv Store Cards
Category Data
  Table 119 Store Cards: Number of Cards in Circulation 2013-2018
  Table 120 Store Cards Transactions 2013-2018
  Table 121 Store Cards in Circulation: % Growth 2013-2018
  Table 122 Store Cards Transactions: % Growth 2013-2018
  Table 123 Store Cards: Number of Cards by Issuer 2013-2017
  Table 124 Store Cards: Payment Transaction Value by Issuer 2013-2017
  Table 125 Forecast Store Cards: Number of Cards in Circulation 2018-2023
  Table 126 Forecast Store Cards Transactions 2018-2023
  Table 127 Forecast Store Cards in Circulation: % Growth 2018-2023
  Table 128 Forecast Store Cards Transactions: % Growth 2018-2023