Financial Cards and Payments in Saudi Arabia
Saudi Arabia has taken significant steps to transform itself into a cashless society – starting even before the event of the COVID-19 pandemic, which triggered digital evolution in industries globally. In this regard, the Kingdom of Saudi Arabia (KSA) has experienced notable progression in digital payments, and the government’s reinforcement of improved arrangements in terms of digital payment policies and options, has further increased consumers’ confidence in this method of payment. Indeed, th...
Euromonitor International's Financial Cards and Payments in Saudi Arabia 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, Mobile Payments, Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
Euromonitor International's Financial Cards and Payments in Saudi Arabia 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, Mobile Payments, 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.
Financial Cards and Payments in Saudi Arabia
Euromonitor International
November 2023
List Of Contents And Tables
FINANCIAL CARDS AND PAYMENTS IN SAUDI ARABIA
EXECUTIVE SUMMARY
Financial cards and payments in 2023: The big picture
2023 KEY TRENDS
Card transactions continue to take the lead over cash
Buy now pay later continues to gain traction
Competitive landscape
National card payment scheme mada continues to lead in payment technology
Saudi banks embrace digital future with the closure of branches
Approval for more digital banks in Saudi Arabia
Fintech firms facilitate cashless payments
What next for financial cards and payments?
MARKET INDICATORS
Table 1 Number of POS Terminals: Units 2018-2023
Table 2 Number of ATMs: Units 2018-2023
Table 3 Value Lost to Fraud 2018-2023
Table 4 Card Expenditure by Location 2023
Table 5 Financial Cards in Circulation by Type: % Number of Cards 2018-2023
Table 6 Domestic versus Foreign Spend 2023
MARKET DATA
Table 7 Financial Cards by Category: Number of Cards in Circulation 2018-2023
Table 8 Financial Cards by Category: Number of Accounts 2018-2023
Table 9 Financial Cards Transactions by Category: Value 2018-2023
Table 10 Financial Cards by Category: Number of Transactions 2018-2023
Table 11 Consumer Payments by Category: Value 2018-2023
Table 12 Consumer Payments by Category: Number of Transactions 2018-2023
Table 13 M-Commerce by Category: Value 2018-2023
Table 14 M-Commerce by Category: % Value Growth 2018-2023
Table 15 Financial Cards: Number of Cards by Issuer 2018-2022
Table 16 Financial Cards: Number of Cards by Operator 2018-2022
Table 17 Financial Cards: Card Payment Transactions Value by Operator 2018-2022
Table 18 Financial Cards: Card Payment Transactions Value by Issuer 2018-2022
Table 19 Forecast Financial Cards by Category: Number of Cards in Circulation 2023-2028
Table 20 Forecast Financial Cards by Category: Number of Accounts 2023-2028
Table 21 Forecast Financial Cards Transactions by Category: Value 2023-2028
Table 22 Forecast Financial Cards by Category: Number of Transactions 2023-2028
Table 23 Forecast Consumer Payments by Category: Value 2023-2028
Table 24 Forecast Consumer Payments by Category: Number of Transactions 2023-2028
Table 25 Forecast M-Commerce by Category: Value 2023-2028
Table 26 Forecast M-Commerce by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources
DEBIT CARDS IN SAUDI ARABIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Debit cards maintain their strong volumes as inflation hikes up living costs
“Saudization” and more women in the workforce mean a higher number of bank accounts and debit cards
Ongoing developments from national payment system mada support the growth of debit cards
PROSPECTS AND OPPORTUNITIES
Partnerships made by mada will remain key to debit card growth
Digitisation continues to forge ahead, supported by the granting of licenses by SAMA
Higher overall demand for debit cards will maintain support for the category
CATEGORY DATA
Table 27 Debit Cards: Number of Cards in Circulation 2018-2023
Table 28 Debit Cards Transactions 2018-2023
Table 29 Debit Cards in Circulation: % Growth 2018-2023
Table 30 Debit Cards Transactions: % Growth 2018-2023
Table 31 Debit Cards: Number of Cards by Issuer 2018-2022
Table 32 Debit Cards: Number of Cards by Operator 2018-2022
Table 33 Debit Cards Payment Transaction Value by Issuer 2018-2022
Table 34 Debit Cards Payment Transaction Value by Operator 2018-2022
Table 35 Forecast Debit Cards: Number of Cards in Circulation 2023-2028
Table 36 Forecast Debit Cards Transactions 2023-2028
Table 37 Forecast Debit Cards in Circulation: % Growth 2023-2028
Table 38 Forecast Debit Cards Transactions: % Growth 2023-2028
CREDIT CARDS IN SAUDI ARABIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Rewards, cashback schemes, and Sharia compliancy support growth in credit cards
Financial Sector Development Program (Vision 2030) seeks to uplift the Islamic finance industry
BNPL continues to attract consumers, due to convenience and lack of interest charges on instalment payments
PROSPECTS AND OPPORTUNITIES
Challenges lie ahead for credit cards
Sharia-compliance and innovation could lead to greater success for credit cards
Mastercard expected to forge ahead with innovations, based on past experience as a trailblazer
CATEGORY DATA
Table 39 Credit Cards: Number of Cards in Circulation 2018-2023
Table 40 Credit Cards Transactions 2018-2023
Table 41 Credit Cards in Circulation: % Growth 2018-2023
Table 42 Credit Cards Transactions: % Growth 2018-2023
Table 43 Commercial Credit Cards: Number of Cards in Circulation 2018-2023
Table 44 Commercial Credit Cards Transactions 2018-2023
Table 45 Commercial Credit Cards in Circulation: % Growth 2018-2023
Table 46 Commercial Credit Cards Transactions: % Growth 2018-2023
Table 47 Personal Credit Cards: Number of Cards in Circulation 2018-2023
Table 48 Personal Credit Cards Transactions 2018-2023
Table 49 Personal Credit Cards in Circulation: % Growth 2018-2023
Table 50 Personal Credit Cards Transactions: % Growth 2018-2023
Table 51 Credit Cards: Number of Cards by Issuer 2018-2022
Table 52 Credit Cards: Number of Cards by Operator 2018-2022
Table 53 Credit Cards Payment Transaction Value by Issuer 2018-2022
Table 54 Credit Cards Payment Transaction Value by Operator 2018-2022
Table 55 Commercial Credit Cards: Number of Cards by Issuer 2018-2022
Table 56 Commercial Credit Cards: Number of Cards by Operator 2018-2022
Table 57 Commercial Credit Cards Payment Transaction Value by Issuer 2018-2022
Table 58 Commercial Credit Cards Payment Transaction Value by Operator 2018-2022
Table 59 Personal Credit Cards: Number of Cards by Issuer 2018-2022
Table 60 Personal Credit Cards: Number of Cards by Operator 2018-2022
Table 61 Personal Credit Cards Payment Transaction Value by Issuer 2018-2022
Table 62 Personal Credit Cards Payment Transaction Value by Operator 2018-2022
Table 63 Forecast Credit Cards: Number of Cards in Circulation 2023-2028
Table 64 Forecast Credit Cards Transactions 2023-2028
Table 65 Forecast Credit Cards in Circulation: % Growth 2023-2028
Table 66 Forecast Credit Cards Transactions: % Growth 2023-2028
Table 67 Forecast Commercial Credit Cards: Number of Cards in Circulation 2023-2028
Table 68 Forecast Commercial Credit Cards Transactions 2023-2028
Table 69 Forecast Commercial Credit Cards in Circulation: % Growth 2023-2028
Table 70 Forecast Commercial Credit Cards Transactions: % Growth 2023-2028
Table 71 Forecast Personal Credit Cards: Number of Cards in Circulation 2023-2028
Table 72 Forecast Personal Credit Cards Transactions 2023-2028
Table 73 Forecast Personal Credit Cards in Circulation: % Growth 2023-2028
Table 74 Forecast Personal Credit Cards Transactions: % Growth 2023-2028
CHARGE CARDS IN SAUDI ARABIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Value transactions drop compared to cards in circulation, indicating lower spend habits and normalisation following post-pandemic peak
Charge cards continue to be a niche category with rising competition from debit and credit cards
American Express continues to dominate the category
PROSPECTS AND OPPORTUNITIES
Debit and credit cards will continue to pose competition to charge cards over the forecast period
Flexible customisation to meet evolving consumer demands could sustain interest in charge cards
Travel enthusiasts offers future prospects for charge cards – both personal and commercial
CATEGORY DATA
Table 75 Charge Cards: Number of Cards in Circulation 2018-2023
Table 76 Charge Cards Transactions 2018-2023
Table 77 Charge Cards in Circulation: % Growth 2018-2023
Table 78 Charge Cards Transactions: % Growth 2018-2023
Table 79 Commercial Charge Cards: Number of Cards in Circulation 2018-2023
Table 80 Commercial Charge Cards Transactions 2018-2023
Table 81 Commercial Charge Cards in Circulation: % Growth 2018-2023
Table 82 Commercial Charge Cards Transactions: % Growth 2018-2023
Table 83 Personal Charge Cards: Number of Cards in Circulation 2018-2023
Table 84 Personal Charge Cards Transactions 2018-2023
Table 85 Personal Charge Cards in Circulation: % Growth 2018-2023
Table 86 Personal Charge Cards Transactions: % Growth 2018-2023
Table 87 Charge Cards: Number of Cards by Issuer 2018-2022
Table 88 Charge Cards: Number of Cards by Operator 2018-2022
Table 89 Charge Cards Payment Transaction Value by Issuer 2018-2022
Table 90 Charge Cards Payment Transaction Value by Operator 2018-2022
Table 91 Commercial Charge Cards: Number of Cards by Issuer 2018-2022
Table 92 Commercial Charge Cards: Number of Cards by Operator 2018-2022
Table 93 Commercial Charge Cards Payment Transaction Value by Issuer 2018-2022
Table 94 Commercial Charge Cards Payment Transaction Value by Operator 2018-2022
Table 95 Personal Charge Cards: Number of Cards by Issuer 2018-2022
Table 96 Personal Charge Cards: Number of Cards by Operator 2018-2022
Table 97 Personal Charge Cards Transaction Value by Issuer 2018-2022
Table 98 Personal Charge Cards Transaction Value by Operator 2018-2022
Table 99 Forecast Charge Cards: Number of Cards in Circulation 2023-2028
Table 100 Forecast Charge Cards Transactions 2023-2028
Table 101 Forecast Charge Cards in Circulation: % Growth 2023-2028
Table 102 Forecast Charge Cards Transactions: % Growth 2023-2028
Table 103 Forecast Commercial Charge Cards: Number of Cards in Circulation 2023-2028
Table 104 Forecast Commercial Charge Cards Transactions 2023-2028
Table 105 Forecast Commercial Charge Cards in Circulation: % Growth 2023-2028
Table 106 Forecast Commercial Charge Cards Transactions: % Growth 2023-2028
Table 107 Forecast Personal Charge Cards: Number of Cards in Circulation 2023-2028
Table 108 Forecast Personal Charge Cards Transactions 2023-2028
Table 109 Forecast Personal Charge Cards in Circulation: % Growth 2023-2028
Table 110 Forecast Personal Charge Cards Transactions: % Growth 2023-2028
PRE-PAID CARDS IN SAUDI ARABIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Payroll-based pre-paid cards continue to attract attention
The culture of gifting supports other opportunities in pre-paid cards
Cashback incentives make pre-paid cards more attractive
PROSPECTS AND OPPORTUNITIES
Convenience continues to be a major selling point for pre-paid cards
The growth of digital banking and fintech platforms will continue to bolster pre-paid cards
Developments in the transport industry expected to bring forth transport cards
CATEGORY DATA
Table 111 Pre-paid Cards: Number of Cards in Circulation 2018-2023
Table 112 Pre-paid Cards Transactions 2018-2023
Table 113 Pre-paid Cards in Circulation: % Growth 2018-2023
Table 114 Pre-paid Cards Transactions: % Growth 2018-2023
Table 115 Open Loop Pre-paid Cards Transactions 2018-2023
Table 116 Open Loop Pre-paid Cards Transactions: % Growth 2018-2023
Table 117 Pre-paid Cards: Number of Cards by Issuer 2018-2022
Table 118 Pre-paid Cards: Number of Cards by Operator 2018-2022
Table 119 Pre-paid Cards Transaction Value by Issuer 2018-2022
Table 120 Pre-paid Cards Transaction Value by Operator 2018-2022
Table 121 Open Loop Pre-paid Cards: Number of Cards by Issuer 2018-2022
Table 122 Open Loop Pre-paid Cards: Number of Cards by Operator 2018-2022
Table 123 Open Loop Pre-paid Cards Transaction Value by Issuer 2018-2022
Table 124 Open Loop Pre-paid Cards Transaction Value by Operator 2018-2022
Table 125 Forecast Pre-paid Cards: Number of Cards in Circulation 2023-2028
Table 126 Forecast Pre-paid Cards Transactions 2023-2028
Table 127 Forecast Pre-paid Cards in Circulation: % Growth 2023-2028
Table 128 Forecast Pre-paid Cards Transactions: % Growth 2023-2028
Table 129 Forecast Open Loop Pre-paid Cards Transactions 2023-2028
Table 130 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2023-2028
STORE CARDS IN SAUDI ARABIA
2023 DEVELOPMENTS
Euromonitor International
November 2023
List Of Contents And Tables
FINANCIAL CARDS AND PAYMENTS IN SAUDI ARABIA
EXECUTIVE SUMMARY
Financial cards and payments in 2023: The big picture
2023 KEY TRENDS
Card transactions continue to take the lead over cash
Buy now pay later continues to gain traction
Competitive landscape
National card payment scheme mada continues to lead in payment technology
Saudi banks embrace digital future with the closure of branches
Approval for more digital banks in Saudi Arabia
Fintech firms facilitate cashless payments
What next for financial cards and payments?
MARKET INDICATORS
Table 1 Number of POS Terminals: Units 2018-2023
Table 2 Number of ATMs: Units 2018-2023
Table 3 Value Lost to Fraud 2018-2023
Table 4 Card Expenditure by Location 2023
Table 5 Financial Cards in Circulation by Type: % Number of Cards 2018-2023
Table 6 Domestic versus Foreign Spend 2023
MARKET DATA
Table 7 Financial Cards by Category: Number of Cards in Circulation 2018-2023
Table 8 Financial Cards by Category: Number of Accounts 2018-2023
Table 9 Financial Cards Transactions by Category: Value 2018-2023
Table 10 Financial Cards by Category: Number of Transactions 2018-2023
Table 11 Consumer Payments by Category: Value 2018-2023
Table 12 Consumer Payments by Category: Number of Transactions 2018-2023
Table 13 M-Commerce by Category: Value 2018-2023
Table 14 M-Commerce by Category: % Value Growth 2018-2023
Table 15 Financial Cards: Number of Cards by Issuer 2018-2022
Table 16 Financial Cards: Number of Cards by Operator 2018-2022
Table 17 Financial Cards: Card Payment Transactions Value by Operator 2018-2022
Table 18 Financial Cards: Card Payment Transactions Value by Issuer 2018-2022
Table 19 Forecast Financial Cards by Category: Number of Cards in Circulation 2023-2028
Table 20 Forecast Financial Cards by Category: Number of Accounts 2023-2028
Table 21 Forecast Financial Cards Transactions by Category: Value 2023-2028
Table 22 Forecast Financial Cards by Category: Number of Transactions 2023-2028
Table 23 Forecast Consumer Payments by Category: Value 2023-2028
Table 24 Forecast Consumer Payments by Category: Number of Transactions 2023-2028
Table 25 Forecast M-Commerce by Category: Value 2023-2028
Table 26 Forecast M-Commerce by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources
DEBIT CARDS IN SAUDI ARABIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Debit cards maintain their strong volumes as inflation hikes up living costs
“Saudization” and more women in the workforce mean a higher number of bank accounts and debit cards
Ongoing developments from national payment system mada support the growth of debit cards
PROSPECTS AND OPPORTUNITIES
Partnerships made by mada will remain key to debit card growth
Digitisation continues to forge ahead, supported by the granting of licenses by SAMA
Higher overall demand for debit cards will maintain support for the category
CATEGORY DATA
Table 27 Debit Cards: Number of Cards in Circulation 2018-2023
Table 28 Debit Cards Transactions 2018-2023
Table 29 Debit Cards in Circulation: % Growth 2018-2023
Table 30 Debit Cards Transactions: % Growth 2018-2023
Table 31 Debit Cards: Number of Cards by Issuer 2018-2022
Table 32 Debit Cards: Number of Cards by Operator 2018-2022
Table 33 Debit Cards Payment Transaction Value by Issuer 2018-2022
Table 34 Debit Cards Payment Transaction Value by Operator 2018-2022
Table 35 Forecast Debit Cards: Number of Cards in Circulation 2023-2028
Table 36 Forecast Debit Cards Transactions 2023-2028
Table 37 Forecast Debit Cards in Circulation: % Growth 2023-2028
Table 38 Forecast Debit Cards Transactions: % Growth 2023-2028
CREDIT CARDS IN SAUDI ARABIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Rewards, cashback schemes, and Sharia compliancy support growth in credit cards
Financial Sector Development Program (Vision 2030) seeks to uplift the Islamic finance industry
BNPL continues to attract consumers, due to convenience and lack of interest charges on instalment payments
PROSPECTS AND OPPORTUNITIES
Challenges lie ahead for credit cards
Sharia-compliance and innovation could lead to greater success for credit cards
Mastercard expected to forge ahead with innovations, based on past experience as a trailblazer
CATEGORY DATA
Table 39 Credit Cards: Number of Cards in Circulation 2018-2023
Table 40 Credit Cards Transactions 2018-2023
Table 41 Credit Cards in Circulation: % Growth 2018-2023
Table 42 Credit Cards Transactions: % Growth 2018-2023
Table 43 Commercial Credit Cards: Number of Cards in Circulation 2018-2023
Table 44 Commercial Credit Cards Transactions 2018-2023
Table 45 Commercial Credit Cards in Circulation: % Growth 2018-2023
Table 46 Commercial Credit Cards Transactions: % Growth 2018-2023
Table 47 Personal Credit Cards: Number of Cards in Circulation 2018-2023
Table 48 Personal Credit Cards Transactions 2018-2023
Table 49 Personal Credit Cards in Circulation: % Growth 2018-2023
Table 50 Personal Credit Cards Transactions: % Growth 2018-2023
Table 51 Credit Cards: Number of Cards by Issuer 2018-2022
Table 52 Credit Cards: Number of Cards by Operator 2018-2022
Table 53 Credit Cards Payment Transaction Value by Issuer 2018-2022
Table 54 Credit Cards Payment Transaction Value by Operator 2018-2022
Table 55 Commercial Credit Cards: Number of Cards by Issuer 2018-2022
Table 56 Commercial Credit Cards: Number of Cards by Operator 2018-2022
Table 57 Commercial Credit Cards Payment Transaction Value by Issuer 2018-2022
Table 58 Commercial Credit Cards Payment Transaction Value by Operator 2018-2022
Table 59 Personal Credit Cards: Number of Cards by Issuer 2018-2022
Table 60 Personal Credit Cards: Number of Cards by Operator 2018-2022
Table 61 Personal Credit Cards Payment Transaction Value by Issuer 2018-2022
Table 62 Personal Credit Cards Payment Transaction Value by Operator 2018-2022
Table 63 Forecast Credit Cards: Number of Cards in Circulation 2023-2028
Table 64 Forecast Credit Cards Transactions 2023-2028
Table 65 Forecast Credit Cards in Circulation: % Growth 2023-2028
Table 66 Forecast Credit Cards Transactions: % Growth 2023-2028
Table 67 Forecast Commercial Credit Cards: Number of Cards in Circulation 2023-2028
Table 68 Forecast Commercial Credit Cards Transactions 2023-2028
Table 69 Forecast Commercial Credit Cards in Circulation: % Growth 2023-2028
Table 70 Forecast Commercial Credit Cards Transactions: % Growth 2023-2028
Table 71 Forecast Personal Credit Cards: Number of Cards in Circulation 2023-2028
Table 72 Forecast Personal Credit Cards Transactions 2023-2028
Table 73 Forecast Personal Credit Cards in Circulation: % Growth 2023-2028
Table 74 Forecast Personal Credit Cards Transactions: % Growth 2023-2028
CHARGE CARDS IN SAUDI ARABIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Value transactions drop compared to cards in circulation, indicating lower spend habits and normalisation following post-pandemic peak
Charge cards continue to be a niche category with rising competition from debit and credit cards
American Express continues to dominate the category
PROSPECTS AND OPPORTUNITIES
Debit and credit cards will continue to pose competition to charge cards over the forecast period
Flexible customisation to meet evolving consumer demands could sustain interest in charge cards
Travel enthusiasts offers future prospects for charge cards – both personal and commercial
CATEGORY DATA
Table 75 Charge Cards: Number of Cards in Circulation 2018-2023
Table 76 Charge Cards Transactions 2018-2023
Table 77 Charge Cards in Circulation: % Growth 2018-2023
Table 78 Charge Cards Transactions: % Growth 2018-2023
Table 79 Commercial Charge Cards: Number of Cards in Circulation 2018-2023
Table 80 Commercial Charge Cards Transactions 2018-2023
Table 81 Commercial Charge Cards in Circulation: % Growth 2018-2023
Table 82 Commercial Charge Cards Transactions: % Growth 2018-2023
Table 83 Personal Charge Cards: Number of Cards in Circulation 2018-2023
Table 84 Personal Charge Cards Transactions 2018-2023
Table 85 Personal Charge Cards in Circulation: % Growth 2018-2023
Table 86 Personal Charge Cards Transactions: % Growth 2018-2023
Table 87 Charge Cards: Number of Cards by Issuer 2018-2022
Table 88 Charge Cards: Number of Cards by Operator 2018-2022
Table 89 Charge Cards Payment Transaction Value by Issuer 2018-2022
Table 90 Charge Cards Payment Transaction Value by Operator 2018-2022
Table 91 Commercial Charge Cards: Number of Cards by Issuer 2018-2022
Table 92 Commercial Charge Cards: Number of Cards by Operator 2018-2022
Table 93 Commercial Charge Cards Payment Transaction Value by Issuer 2018-2022
Table 94 Commercial Charge Cards Payment Transaction Value by Operator 2018-2022
Table 95 Personal Charge Cards: Number of Cards by Issuer 2018-2022
Table 96 Personal Charge Cards: Number of Cards by Operator 2018-2022
Table 97 Personal Charge Cards Transaction Value by Issuer 2018-2022
Table 98 Personal Charge Cards Transaction Value by Operator 2018-2022
Table 99 Forecast Charge Cards: Number of Cards in Circulation 2023-2028
Table 100 Forecast Charge Cards Transactions 2023-2028
Table 101 Forecast Charge Cards in Circulation: % Growth 2023-2028
Table 102 Forecast Charge Cards Transactions: % Growth 2023-2028
Table 103 Forecast Commercial Charge Cards: Number of Cards in Circulation 2023-2028
Table 104 Forecast Commercial Charge Cards Transactions 2023-2028
Table 105 Forecast Commercial Charge Cards in Circulation: % Growth 2023-2028
Table 106 Forecast Commercial Charge Cards Transactions: % Growth 2023-2028
Table 107 Forecast Personal Charge Cards: Number of Cards in Circulation 2023-2028
Table 108 Forecast Personal Charge Cards Transactions 2023-2028
Table 109 Forecast Personal Charge Cards in Circulation: % Growth 2023-2028
Table 110 Forecast Personal Charge Cards Transactions: % Growth 2023-2028
PRE-PAID CARDS IN SAUDI ARABIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Payroll-based pre-paid cards continue to attract attention
The culture of gifting supports other opportunities in pre-paid cards
Cashback incentives make pre-paid cards more attractive
PROSPECTS AND OPPORTUNITIES
Convenience continues to be a major selling point for pre-paid cards
The growth of digital banking and fintech platforms will continue to bolster pre-paid cards
Developments in the transport industry expected to bring forth transport cards
CATEGORY DATA
Table 111 Pre-paid Cards: Number of Cards in Circulation 2018-2023
Table 112 Pre-paid Cards Transactions 2018-2023
Table 113 Pre-paid Cards in Circulation: % Growth 2018-2023
Table 114 Pre-paid Cards Transactions: % Growth 2018-2023
Table 115 Open Loop Pre-paid Cards Transactions 2018-2023
Table 116 Open Loop Pre-paid Cards Transactions: % Growth 2018-2023
Table 117 Pre-paid Cards: Number of Cards by Issuer 2018-2022
Table 118 Pre-paid Cards: Number of Cards by Operator 2018-2022
Table 119 Pre-paid Cards Transaction Value by Issuer 2018-2022
Table 120 Pre-paid Cards Transaction Value by Operator 2018-2022
Table 121 Open Loop Pre-paid Cards: Number of Cards by Issuer 2018-2022
Table 122 Open Loop Pre-paid Cards: Number of Cards by Operator 2018-2022
Table 123 Open Loop Pre-paid Cards Transaction Value by Issuer 2018-2022
Table 124 Open Loop Pre-paid Cards Transaction Value by Operator 2018-2022
Table 125 Forecast Pre-paid Cards: Number of Cards in Circulation 2023-2028
Table 126 Forecast Pre-paid Cards Transactions 2023-2028
Table 127 Forecast Pre-paid Cards in Circulation: % Growth 2023-2028
Table 128 Forecast Pre-paid Cards Transactions: % Growth 2023-2028
Table 129 Forecast Open Loop Pre-paid Cards Transactions 2023-2028
Table 130 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2023-2028
STORE CARDS IN SAUDI ARABIA
2023 DEVELOPMENTS
