Financial Cards and Payments in Canada
In the wake of Covid-19 there was a notable shift away from cash transactions, while in 2023 (as in 2022) the retail value of personal cash transactions is rising rapidly. However, the surge has been fuelled by the inflation surges of 2022 and 2023. Nonetheless, cash transactions both personal and commercial will fall steeply throughout the forecast period, marking a sharp decline for the value of personal cash transactions and a continued descent in terms of transaction volume. For commercial c...
Euromonitor International's Financial Cards and Payments in Canada 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 Canada 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 Canada
Euromonitor International
November 2023
List Of Contents And Tables
FINANCIAL CARDS AND PAYMENTS IN CANADA
EXECUTIVE SUMMARY
Financial cards and payments in 2023: The big picture
2023 KEY TRENDS
Competitive landscape
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 CANADA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Labour shortages accelerate shift to contactless transactions
Canadians lured by debit card rewards
Credit crunch fuelling debit dominance for new businesses
PROSPECTS AND OPPORTUNIITES
Digital verification bolsters consumer confidence in online debit transactions
Credit card pressures to continue supporting growth in debit cards as cashless payments continue to rise
Business will see greater tech-riven debit growth
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 CANADA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Newcomers fuel credit card growth in 2023
Credit card dependence remains strong amid financial uncertainties
Delinquency on the rise
PROSPECTS AND OPPORTUNIITES
New credit card accounts will push further growth in credit cards in Canada
Players set to invest more in rewards programmes, while m-commerce holds potential
Credit card balances may fall
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 CANADA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Charge cards continue to fall out of favour
Financial pressures dampen charge card Appeal
Charge card transactions remain cautious
PROSPECTS AND OPPORTUNIITES
Small businesses offer opportunities for charge card development
Personal charge cards face a downward trend
Lack of acceptance to seriously hamper growth
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 CANADA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Pre-paid cards enjoys rush of innovation in 2023, sustaining strong growth
Open loop cards as firm favourites
Pre-paid cards find greater favour with retailers
PROSPECTS AND OPPORTUNIITES
Loyalty schemes likely to rise in pre-paid cards
The contactless surge
Security in the spotlight, while fintech will continue to drive innovation and growth
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 Closed Loop Pre-paid Cards Transactions 2018-2023
Table 116 Closed Loop Pre-paid Cards Transactions: % Growth 2018-2023
Table 117 Open Loop Pre-paid Cards Transactions 2018-2023
Table 118 Open Loop Pre-paid Cards Transactions: % Growth 2018-2023
Table 119 Pre-paid Cards: Number of Cards by Issuer 2018-2022
Table 120 Pre-paid Cards: Number of Cards by Operator 2018-2022
Table 121 Pre-paid Cards Transaction Value by Issuer 2018-2022
Table 122 Pre-paid Cards Transaction Value by Operator 2018-2022
Table 123 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2018-2022
Table 124 Closed Loop Pre-paid Cards Transaction Value by Issuer 2018-2022
Table 125 Open Loop Pre-paid Cards: Number of Cards by Operator 2018-2022
Table 126 Open Loop Pre-paid Cards Transaction Value by Operator 2018-2022
Table 127 Forecast Pre-paid Cards: Number of Cards in Circulation 2023-2028
Table 128 Forecast Pre-paid Cards Transactions 2023-2028
Table 129 Forecast Pre-paid Cards in Circulation: % Growth 2023-2028
Table 130 Forecast Pre-paid Cards Transactions: % Growth 2023-2028
Table 131 Forecast Closed Loop Pre-paid Cards Transactions 2023-2028
Table 132 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2023-2028
Table 133 Forecast Open Loop Pre-paid Cards Transactions 2023-2028
Table 134 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2023-2028
STORE CARDS IN CANADA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Store cards sees muted growth, facing threat from BNPL
Digital pivot provides some life to store cards
The low fraud risk of store cards
PROSPECTS AND OPPORTUNIITES
Store cards as branding beacons
Amplifying limits set by economic realities
Corporate Canada may increase use of store cards
CATEGORY DATA
Table 135 Store Cards: Number of Cards in Circulation 2018-2023
Table 136 Store Cards Transactions 2018-2023
Table 137 Store Cards in Circulation: % Growth 2018-2023
Table 138 Store Cards Transactions: % Growth 2018-2023
Table 139 Store Cards: Number of Cards by Issuer 2018-2022
Table 140 Store Cards: Payment Transaction Value by Issuer 2018-2022
Table 141 Forecast Store Cards: Number of Cards in Circulation 2023-2028
Table 142 Forecast Store Cards Transactions 2023-2028
Table 143 Forecast Store Cards in Circulation: % Growth 2023-2028
Table 144 Forecast Store Cards Transactions: % Growth 2023-2028
Euromonitor International
November 2023
List Of Contents And Tables
FINANCIAL CARDS AND PAYMENTS IN CANADA
EXECUTIVE SUMMARY
Financial cards and payments in 2023: The big picture
2023 KEY TRENDS
Competitive landscape
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 CANADA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Labour shortages accelerate shift to contactless transactions
Canadians lured by debit card rewards
Credit crunch fuelling debit dominance for new businesses
PROSPECTS AND OPPORTUNIITES
Digital verification bolsters consumer confidence in online debit transactions
Credit card pressures to continue supporting growth in debit cards as cashless payments continue to rise
Business will see greater tech-riven debit growth
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 CANADA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Newcomers fuel credit card growth in 2023
Credit card dependence remains strong amid financial uncertainties
Delinquency on the rise
PROSPECTS AND OPPORTUNIITES
New credit card accounts will push further growth in credit cards in Canada
Players set to invest more in rewards programmes, while m-commerce holds potential
Credit card balances may fall
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 CANADA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Charge cards continue to fall out of favour
Financial pressures dampen charge card Appeal
Charge card transactions remain cautious
PROSPECTS AND OPPORTUNIITES
Small businesses offer opportunities for charge card development
Personal charge cards face a downward trend
Lack of acceptance to seriously hamper growth
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 CANADA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Pre-paid cards enjoys rush of innovation in 2023, sustaining strong growth
Open loop cards as firm favourites
Pre-paid cards find greater favour with retailers
PROSPECTS AND OPPORTUNIITES
Loyalty schemes likely to rise in pre-paid cards
The contactless surge
Security in the spotlight, while fintech will continue to drive innovation and growth
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 Closed Loop Pre-paid Cards Transactions 2018-2023
Table 116 Closed Loop Pre-paid Cards Transactions: % Growth 2018-2023
Table 117 Open Loop Pre-paid Cards Transactions 2018-2023
Table 118 Open Loop Pre-paid Cards Transactions: % Growth 2018-2023
Table 119 Pre-paid Cards: Number of Cards by Issuer 2018-2022
Table 120 Pre-paid Cards: Number of Cards by Operator 2018-2022
Table 121 Pre-paid Cards Transaction Value by Issuer 2018-2022
Table 122 Pre-paid Cards Transaction Value by Operator 2018-2022
Table 123 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2018-2022
Table 124 Closed Loop Pre-paid Cards Transaction Value by Issuer 2018-2022
Table 125 Open Loop Pre-paid Cards: Number of Cards by Operator 2018-2022
Table 126 Open Loop Pre-paid Cards Transaction Value by Operator 2018-2022
Table 127 Forecast Pre-paid Cards: Number of Cards in Circulation 2023-2028
Table 128 Forecast Pre-paid Cards Transactions 2023-2028
Table 129 Forecast Pre-paid Cards in Circulation: % Growth 2023-2028
Table 130 Forecast Pre-paid Cards Transactions: % Growth 2023-2028
Table 131 Forecast Closed Loop Pre-paid Cards Transactions 2023-2028
Table 132 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2023-2028
Table 133 Forecast Open Loop Pre-paid Cards Transactions 2023-2028
Table 134 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2023-2028
STORE CARDS IN CANADA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Store cards sees muted growth, facing threat from BNPL
Digital pivot provides some life to store cards
The low fraud risk of store cards
PROSPECTS AND OPPORTUNIITES
Store cards as branding beacons
Amplifying limits set by economic realities
Corporate Canada may increase use of store cards
CATEGORY DATA
Table 135 Store Cards: Number of Cards in Circulation 2018-2023
Table 136 Store Cards Transactions 2018-2023
Table 137 Store Cards in Circulation: % Growth 2018-2023
Table 138 Store Cards Transactions: % Growth 2018-2023
Table 139 Store Cards: Number of Cards by Issuer 2018-2022
Table 140 Store Cards: Payment Transaction Value by Issuer 2018-2022
Table 141 Forecast Store Cards: Number of Cards in Circulation 2023-2028
Table 142 Forecast Store Cards Transactions 2023-2028
Table 143 Forecast Store Cards in Circulation: % Growth 2023-2028
Table 144 Forecast Store Cards Transactions: % Growth 2023-2028