Credit Cards in Venezuela

November 2018 | 21 pages | ID: CB2923D18C5EN
Euromonitor International Ltd

Abstracts

In Venezuela, there are regulations for banks regarding interest rates, which are set by the BCV. For purchases made with credit cards the interest rate is capped at 29%, which is much lower than the inflation rate seen in 2018, which amounted to 1,000,000%, according to International Monetary Fund (IFM). Inflation is expected to continue growing over the forecast period, remaining in triple digits, which is considered the highest inflation rate in the world. An increasing number of people in Ve..

Euromonitor International's Credit Card Transactions 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: Commercial Credit Card Transactions, Personal Credit Card 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 Credit Card Transactions 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

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 1 Credit Cards: Number of Cards in Circulation 2013-2018
  Table 2 Credit Cards Transactions 2013-2018
  Table 3 Credit Cards in Circulation: % Growth 2013-2018
  Table 4 Credit Cards Transactions: % Growth 2013-2018
  Table 5 Commercial Credit Cards: Number of Cards in Circulation 2013-2018
  Table 6 Commercial Credit Cards Transactions 2013-2018
  Table 7 Commercial Credit Cards in Circulation: % Growth 2013-2018
  Table 8 Commercial Credit Cards Transactions: % Growth 2013-2018
  Table 9 Personal Credit Cards: Number of Cards in Circulation 2013-2018
  Table 10 Personal Credit Cards Transactions 2013-2018
  Table 11 Personal Credit Cards in Circulation: % Growth 2013-2018
  Table 12 Personal Credit Cards Transactions: % Growth 2013-2018
  Table 13 Credit Cards: Number of Cards by Issuer 2013-2017
  Table 14 Credit Cards: Number of Cards by Operator 2013-2017
  Table 15 Credit Cards Payment Transaction Value by Issuer 2013-2017
  Table 16 Credit Cards Payment Transaction Value by Operator 2013-2017
  Table 17 Commercial Credit Cards: Number of Cards by Issuer 2013-2017
  Table 18 Commercial Credit Cards: Number of Cards by Operator 2013-2017
  Table 19 Commercial Credit Cards Payment Transaction Value by Issuer 2013-2017
  Table 20 Commercial Credit Cards Payment Transaction Value by Operator 2013-2017
  Table 21 Personal Credit Cards: Number of Cards by Issuer 2013-2017
  Table 22 Personal Credit Cards: Number of Cards by Operator 2013-2017
  Table 23 Personal Credit Cards Payment Transaction Value by Issuer 2013-2017
  Table 24 Personal Credit Cards Payment Transaction Value by Operator 2013-2017
  Table 25 Forecast Credit Cards: Number of Cards in Circulation 2018-2023
  Table 26 Forecast Credit Cards Transactions 2018-2023
  Table 27 Forecast Credit Cards in Circulation: % Growth 2018-2023
  Table 28 Forecast Credit Cards Transactions: % Growth 2018-2023
  Table 29 Forecast Commercial Credit Cards: Number of Cards in Circulation 2018-2023
  Table 30 Forecast Commercial Credit Cards Transactions 2018-2023
  Table 31 Forecast Commercial Credit Cards in Circulation: % Growth 2018-2023
  Table 32 Forecast Commercial Credit Cards Transactions: % Growth 2018-2023
  Table 33 Forecast Personal Credit Cards: Number of Cards in Circulation 2018-2023
  Table 34 Forecast Personal Credit Cards Transactions 2018-2023
  Table 35 Forecast Personal Credit Cards in Circulation: % Growth 2018-2023
  Table 36 Forecast Personal Credit Cards Transactions: % Growth 2018-2023
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 37 Number of POS Terminals: Units 2013-2018
  Table 38 Number of ATMs: Units 2013-2018
  Table 39 Value Lost to Fraud 2013-2018
  Table 40 Card Expenditure by Location 2017
  Table 41 Financial Cards in Circulation by Type: % Number of Cards 2013-2018
  Table 42 Domestic versus Foreign Spend 2018
Market Data
  Table 43 Financial Cards by Category: Number of Cards in Circulation 2013-2018
  Table 44 Financial Cards by Category: Number of Accounts 2013-2018
  Table 45 Financial Cards Transactions by Category: Value 2013-2018
  Table 46 Financial Cards by Category: Number of Transactions 2013-2018
  Table 47 Consumer Payments by Category: Value 2013-2018
  Table 48 Consumer Payments by Category: Number of Transactions 2013-2018
  Table 49 M-Commerce by Category: Value 2013-2018
  Table 50 M-Commerce by Category: % Value Growth 2013-2018
  Table 51 Financial Cards: Number of Cards by Issuer 2013-2017
  Table 52 Financial Cards: Number of Cards by Operator 2013-2017
  Table 53 Financial Cards: Card Payment Transactions Value by Operator 2013-2017
  Table 54 Financial Cards: Card Payment Transactions Value by Issuer 2013-2017
  Table 55 Forecast Financial Cards by Category: Number of Cards in Circulation 2018-2023
  Table 56 Forecast Financial Cards by Category: Number of Accounts 2018-2023
  Table 57 Forecast Financial Cards Transactions by Category: Value 2018-2023
  Table 58 Forecast Financial Cards by Category: Number of Transactions 2018-2023
  Table 59 Forecast Consumer Payments by Category: Value 2018-2023
  Table 60 Forecast Consumer Payments by Category: Number of Transactions 2018-2023
  Table 61 Forecast M-Commerce by Category: Value 2018-2023
  Table 62 Forecast M-Commerce by Category: % Value Growth 2018-2023
Sources
  Summary 1 Research Sources