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Financial Cards and Payments in Portugal

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    Report

  • 59 Pages
  • November 2023
  • Region: Portugal
  • Euromonitor International
  • ID: 1203402
Portuguese consumers continue to shift towards electronic payment instruments (payment cards, electronic direct or ACH transactions), with cards being the most used electronic payment instrument in everyday life. The trend of replacing cash with card purchases persists in 2023 with cash losing share. Inflation rates and the ongoing recovery of tourism flows is boosting national consumer expenditure in 2023, with a decline in savings levels, reversing the trend seen during the pandemic.

The Financial Cards and Payments in Portugal 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.

Table of Contents

FINANCIAL CARDS AND PAYMENTS IN PORTUGAL
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 PORTUGALKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Debit cards sees continued growth in 2023
  • Commercial cards records lower growth than personal cards
  • Caixa Geral de Depósitos leads, while fees have soared
PROSPECTS AND OPPORTUNITIES
  • Debit cards to remain on an upward trajectory though faces some hurdles
  • Value per transaction set to fall, though BNPL services may boost use of debit cards
  • Competition will intensify
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 PORTUGALKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Credit cards sees further growth but at a lower rate than debit cards in 2023
  • Competition heats up
  • Visa strengthens its share
PROSPECTS AND OPPORTUNITIES
  • Positive growth anticipated for forecast period as digital shift persists
  • BNPL represents competitive threat to credit cards
  • Partnerships shape competitive landscape
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 PORTUGALKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Charge cards continues to grow in post-pandemic recovery
  • Penetration level remains low
  • Banco Comercial Português discontinues its cards
PROSPECTS AND OPPORTUNITIES
  • Charge cards expected to see further growth
  • Credit cards limit growth potential in charge cards
  • Santander set to settle in as leader
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 Charge Cards: Number of Cards by Issuer 2018-2022
  • Table 84 Charge Cards: Number of Cards by Operator 2018-2022
  • Table 85 Charge Cards Payment Transaction Value by Issuer 2018-2022
  • Table 86 Charge Cards Payment Transaction Value by Operator 2018-2022
  • Table 87 Commercial Charge Cards: Number of Cards by Issuer 2018-2022
  • Table 88 Commercial Charge Cards: Number of Cards by Operator 2018-2022
  • Table 89 Commercial Charge Cards Payment Transaction Value by Issuer 2018-2022
  • Table 90 Commercial Charge Cards Payment Transaction Value by Operator 2018-2022
  • Table 91 Forecast Charge Cards: Number of Cards in Circulation 2023-2028
  • Table 92 Forecast Charge Cards Transactions 2023-2028
  • Table 93 Forecast Charge Cards in Circulation: % Growth 2023-2028
  • Table 94 Forecast Charge Cards Transactions: % Growth 2023-2028
  • Table 95 Forecast Commercial Charge Cards: Number of Cards in Circulation 2023-2028
  • Table 96 Forecast Commercial Charge Cards Transactions 2023-2028
  • Table 97 Forecast Commercial Charge Cards in Circulation: % Growth 2023-2028
  • Table 98 Forecast Commercial Charge Cards Transactions: % Growth 2023-2028
PRE-PAID CARDS IN PORTUGALKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Closed loop cards record double-digit rise
  • Open loop on the rise
  • Fintechs gain growing importance in the category
PROSPECTS AND OPPORTUNITIES
  • Revolut to continue boosting overall growth
  • Mobility creates new opportunities
  • Employee benefit cards: What’s next?
CATEGORY DATA
  • Table 99 Pre-paid Cards: Number of Cards in Circulation 2018-2023
  • Table 100 Pre-paid Cards Transactions 2018-2023
  • Table 101 Pre-paid Cards in Circulation: % Growth 2018-2023
  • Table 102 Pre-paid Cards Transactions: % Growth 2018-2023
  • Table 103 Closed Loop Pre-paid Cards Transactions 2018-2023
  • Table 104 Closed Loop Pre-paid Cards Transactions: % Growth 2018-2023
  • Table 105 Open Loop Pre-paid Cards Transactions 2018-2023
  • Table 106 Open Loop Pre-paid Cards Transactions: % Growth 2018-2023
  • Table 107 Pre-paid Cards: Number of Cards by Issuer 2018-2022
  • Table 108 Pre-paid Cards: Number of Cards by Operator 2018-2022
  • Table 109 Pre-paid Cards Transaction Value by Issuer 2018-2022
  • Table 110 Pre-paid Cards Transaction Value by Operator 2018-2022
  • Table 111 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2018-2022
  • Table 112 Closed Loop Pre-paid Cards: Number of Cards by Operator 2018-2022
  • Table 113 Closed Loop Pre-paid Cards Transaction Value by Issuer 2018-2022
  • Table 114 Closed Loop Pre-paid Cards Transaction Value by Operator 2018-2022
  • Table 115 Open Loop Pre-paid Cards: Number of Cards by Issuer 2018-2022
  • Table 116 Open Loop Pre-paid Cards: Number of Cards by Operator 2018-2022
  • Table 117 Open Loop Pre-paid Cards Transaction Value by Issuer 2018-2022
  • Table 118 Open Loop Pre-paid Cards Transaction Value by Operator 2018-2022
  • Table 119 Forecast Pre-paid Cards: Number of Cards in Circulation 2023-2028
  • Table 120 Forecast Pre-paid Cards Transactions 2023-2028
  • Table 121 Forecast Pre-paid Cards in Circulation: % Growth 2023-2028
  • Table 122 Forecast Pre-paid Cards Transactions: % Growth 2023-2028
  • Table 123 Forecast Closed Loop Pre-paid Cards Transactions 2023-2028
  • Table 124 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2023-2028
  • Table 125 Forecast Open Loop Pre-paid Cards Transactions 2023-2028
  • Table 126 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2023-2028
STORE CARDS IN PORTUGALKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Store cards sees steady growth in 2023
  • Oney still in the lead
  • El Corte Inglés still gaining ground
PROSPECTS AND OPPORTUNITIES
  • Store cards set to see slow growth
  • Oney to remain the number one issuer
  • El Corte Inglés: will it change to credit?
CATEGORY DATA
  • Table 127 Store Cards: Number of Cards in Circulation 2018-2023
  • Table 128 Store Cards Transactions 2018-2023
  • Table 129 Store Cards in Circulation: % Growth 2018-2023
  • Table 130 Store Cards Transactions: % Growth 2018-2023
  • Table 131 Store Cards: Number of Cards by Issuer 2018-2022
  • Table 132 Store Cards: Payment Transaction Value by Issuer 2018-2022
  • Table 133 Forecast Store Cards: Number of Cards in Circulation 2023-2028
  • Table 134 Forecast Store Cards Transactions 2023-2028
  • Table 135 Forecast Store Cards in Circulation: % Growth 2023-2028
  • Table 136 Forecast Store Cards Transactions: % Growth 2023-2028