Pre-Paid Cards in Saudi Arabia

November 2023 | 24 pages | ID: P4EF3EB67F3EN
Euromonitor International Ltd

Abstracts

Pre-paid cards are benefitting from the Kingdom’s move towards a cashless society – especially so in certain areas. For example, as seen with the uptake of pre-paid cards for the payment of workers’ salaries, notably so for domestic workers. In this case, the Kingdom has been undertaking successful initiatives to ensure that domestic staff are paid electronically via pre-paid payroll cards. This is because of several scandals emerging with domestic staff not being paid, as cash payments were wit...

Euromonitor International's Pre-Paid Card Transactions 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: Closed Loop Pre-Paid Card Transactions, Open Loop Pre-Paid 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 Pre-Paid 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

Pre-Paid Cards in Saudi Arabia
Euromonitor International
November 2023
List Of Contents And Tables
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 1 Pre-paid Cards: Number of Cards in Circulation 2018-2023
Table 2 Pre-paid Cards Transactions 2018-2023
Table 3 Pre-paid Cards in Circulation: % Growth 2018-2023
Table 4 Pre-paid Cards Transactions: % Growth 2018-2023
Table 5 Open Loop Pre-paid Cards Transactions 2018-2023
Table 6 Open Loop Pre-paid Cards Transactions: % Growth 2018-2023
Table 7 Pre-paid Cards: Number of Cards by Issuer 2018-2022
Table 8 Pre-paid Cards: Number of Cards by Operator 2018-2022
Table 9 Pre-paid Cards Transaction Value by Issuer 2018-2022
Table 10 Pre-paid Cards Transaction Value by Operator 2018-2022
Table 11 Open Loop Pre-paid Cards: Number of Cards by Issuer 2018-2022
Table 12 Open Loop Pre-paid Cards: Number of Cards by Operator 2018-2022
Table 13 Open Loop Pre-paid Cards Transaction Value by Issuer 2018-2022
Table 14 Open Loop Pre-paid Cards Transaction Value by Operator 2018-2022
Table 15 Forecast Pre-paid Cards: Number of Cards in Circulation 2023-2028
Table 16 Forecast Pre-paid Cards Transactions 2023-2028
Table 17 Forecast Pre-paid Cards in Circulation: % Growth 2023-2028
Table 18 Forecast Pre-paid Cards Transactions: % Growth 2023-2028
Table 19 Forecast Open Loop Pre-paid Cards Transactions 2023-2028
Table 20 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2023-2028
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 21 Number of POS Terminals: Units 2018-2023
Table 22 Number of ATMs: Units 2018-2023
Table 23 Value Lost to Fraud 2018-2023
Table 24 Card Expenditure by Location 2023
Table 25 Financial Cards in Circulation by Type: % Number of Cards 2018-2023
Table 26 Domestic versus Foreign Spend 2023
MARKET DATA
Table 27 Financial Cards by Category: Number of Cards in Circulation 2018-2023
Table 28 Financial Cards by Category: Number of Accounts 2018-2023
Table 29 Financial Cards Transactions by Category: Value 2018-2023
Table 30 Financial Cards by Category: Number of Transactions 2018-2023
Table 31 Consumer Payments by Category: Value 2018-2023
Table 32 Consumer Payments by Category: Number of Transactions 2018-2023
Table 33 M-Commerce by Category: Value 2018-2023
Table 34 M-Commerce by Category: % Value Growth 2018-2023
Table 35 Financial Cards: Number of Cards by Issuer 2018-2022
Table 36 Financial Cards: Number of Cards by Operator 2018-2022
Table 37 Financial Cards: Card Payment Transactions Value by Operator 2018-2022
Table 38 Financial Cards: Card Payment Transactions Value by Issuer 2018-2022
Table 39 Forecast Financial Cards by Category: Number of Cards in Circulation 2023-2028
Table 40 Forecast Financial Cards by Category: Number of Accounts 2023-2028
Table 41 Forecast Financial Cards Transactions by Category: Value 2023-2028
Table 42 Forecast Financial Cards by Category: Number of Transactions 2023-2028
Table 43 Forecast Consumer Payments by Category: Value 2023-2028
Table 44 Forecast Consumer Payments by Category: Number of Transactions 2023-2028
Table 45 Forecast M-Commerce by Category: Value 2023-2028
Table 46 Forecast M-Commerce by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources