Debit Cards in Venezuela

November 2018 | 16 pages | ID: DA51770A007EN
Euromonitor International Ltd

Abstracts

Due to the high prices in the Venezuelan economy resulting from inflation – which saw a triple-digit rate for 2017 and is expect to reach 1,000,000% in 2018 (IMF) – consumers prefer to pay for their purchases with debit cards. This trend is determined by several factors, one of the main ones being the difficulty of carrying the large sums of money required to make payments. The daily cash limits in ATMs in the first semester of 2018 was VEF10,000 – the price of a candy bar was VEF50,000, thus AT..

Euromonitor International's Debit 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 Debit Card Transactions, Personal Debit 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 Debit 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
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 1 Debit Cards: Number of Cards in Circulation 2013-2018
  Table 2 Debit Cards Transactions 2013-2018
  Table 3 Debit Cards in Circulation: % Growth 2013-2018
  Table 4 Debit Cards Transactions: % Growth 2013-2018
  Table 5 Debit Cards: Number of Cards by Issuer 2013-2017
  Table 6 Debit Cards: Number of Cards by Operator 2013-2017
  Table 7 Debit Cards Payment Transaction Value by Issuer 2013-2017
  Table 8 Debit Cards Payment Transaction Value by Operator 2013-2017
  Table 9 Forecast Debit Cards: Number of Cards in Circulation 2018-2023
  Table 10 Forecast Debit Cards Transactions 2018-2023
  Table 11 Forecast Debit Cards in Circulation: % Growth 2018-2023
  Table 12 Forecast Debit 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 13 Number of POS Terminals: Units 2013-2018
  Table 14 Number of ATMs: Units 2013-2018
  Table 15 Value Lost to Fraud 2013-2018
  Table 16 Card Expenditure by Location 2017
  Table 17 Financial Cards in Circulation by Type: % Number of Cards 2013-2018
  Table 18 Domestic versus Foreign Spend 2018
Market Data
  Table 19 Financial Cards by Category: Number of Cards in Circulation 2013-2018
  Table 20 Financial Cards by Category: Number of Accounts 2013-2018
  Table 21 Financial Cards Transactions by Category: Value 2013-2018
  Table 22 Financial Cards by Category: Number of Transactions 2013-2018
  Table 23 Consumer Payments by Category: Value 2013-2018
  Table 24 Consumer Payments by Category: Number of Transactions 2013-2018
  Table 25 M-Commerce by Category: Value 2013-2018
  Table 26 M-Commerce by Category: % Value Growth 2013-2018
  Table 27 Financial Cards: Number of Cards by Issuer 2013-2017
  Table 28 Financial Cards: Number of Cards by Operator 2013-2017
  Table 29 Financial Cards: Card Payment Transactions Value by Operator 2013-2017
  Table 30 Financial Cards: Card Payment Transactions Value by Issuer 2013-2017
  Table 31 Forecast Financial Cards by Category: Number of Cards in Circulation 2018-2023
  Table 32 Forecast Financial Cards by Category: Number of Accounts 2018-2023
  Table 33 Forecast Financial Cards Transactions by Category: Value 2018-2023
  Table 34 Forecast Financial Cards by Category: Number of Transactions 2018-2023
  Table 35 Forecast Consumer Payments by Category: Value 2018-2023
  Table 36 Forecast Consumer Payments by Category: Number of Transactions 2018-2023
  Table 37 Forecast M-Commerce by Category: Value 2018-2023
  Table 38 Forecast M-Commerce by Category: % Value Growth 2018-2023
Sources
  Summary 1 Research Sources