+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Debit Cards in Saudi Arabia

  • ID: 1541522
  • Report
  • November 2021
  • Region: Saudi Arabia
  • 26 Pages
  • Euromonitor International
Traditionally, Saudis were known for preferring to pay in cash rather than by cards, when historically cash payments dominated overall financial payments in the Kingdom. Although this was already gradually changing, the pace of change was accelerated by COVID-19, when cash payments were discouraged in order to decrease the risk of virus transmission. This is leading to the rapid move towards the Vision 2030 target of a cashless economy in the country.

The publisher's Debit 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: 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 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.
Note: Product cover images may vary from those shown

KEY DATA FINDINGS
2021 DEVELOPMENTS
  • mada remains a strong driver of debit card growth
  • Online account opening facilities boost uptake of debit cards and card payments
  • Women’s empowerment and greater financial freedom facilitate debit card growth

PROSPECTS AND OPPORTUNITIES
  • New target consumer segments over the forecast period
  • Growth in debit cards to continue, with consolidation around mada cards
  • Digital banking and online banking penetration offer new product and partnership opportunities

CATEGORY DATA
  • Table 1 Debit Cards: Number of Cards in Circulation 2016-2021
  • Table 2 Debit Cards Transactions 2016-2021
  • Table 3 Debit Cards in Circulation: % Growth 2016-2021
  • Table 4 Debit Cards Transactions: % Growth 2016-2021
  • Table 5 Debit Cards: Number of Cards by Issuer 2016-2020
  • Table 6 Debit Cards: Number of Cards by Operator 2016-2020
  • Table 7 Debit Cards Payment Transaction Value by Issuer 2016-2020
  • Table 8 Debit Cards Payment Transaction Value by Operator 2016-2020
  • Table 9 Forecast Debit Cards: Number of Cards in Circulation 2021-2026
  • Table 10 Forecast Debit Cards Transactions 2021-2026
  • Table 11 Forecast Debit Cards in Circulation: % Growth 2021-2026
  • Table 12 Forecast Debit Cards Transactions: % Growth 2021-2026

FINANCIAL CARDS AND PAYMENTS IN SAUDI ARABIA
EXECUTIVE SUMMARY
  • Financial cards and payments in 2021: The big picture
  • 2021 key trends
  • mada becomes the centre of the evolving payments ecosystem
  • As consumers embrace online and digital banking, banks close physical branches

NCB and Samba Bank complete merger
  • What next for financial cards and payments?

MARKET INDICATORS
  • Table 13 Pre-paid Cards: Number of Cards in Circulation 2016-2021
  • Table 14 Pre-paid Cards Transactions 2016-2021
  • Table 15 Pre-paid Cards in Circulation: % Growth 2016-2021
  • Table 16 Pre-paid Cards Transactions: % Growth 2016-2021
  • Table 17 Open Loop Pre-paid Cards Transactions 2016-2021
  • Table 18 Open Loop Pre-paid Cards Transactions: % Growth 2016-2021
  • Table 19 Pre-paid Cards: Number of Cards by Issuer 2016-2020
  • Table 20 Pre-paid Cards: Number of Cards by Operator 2016-2020
  • Table 21 Pre-paid Cards Transaction Value by Issuer 2016-2020
  • Table 22 Pre-paid Cards Transaction Value by Operator 2016-2020
  • Table 23 Open Loop Pre-paid Cards: Number of Cards by Issuer 2016-2020
  • Table 24 Open Loop Pre-paid Cards: Number of Cards by Operator 2016-2020
  • Table 25 Open Loop Pre-paid Cards Transaction Value by Issuer 2016-2020
  • Table 26 Open Loop Pre-paid Cards Transaction Value by Operator 2016-2020
  • Table 27 Forecast Pre-paid Cards: Number of Cards in Circulation 2021-2026
  • Table 28 Forecast Pre-paid Cards Transactions 2021-2026
  • Table 29 Forecast Pre-paid Cards in Circulation: % Growth 2021-2026
  • Table 30 Forecast Pre-paid Cards Transactions: % Growth 2021-2026
  • Table 31 Forecast Open Loop Pre-paid Cards Transactions 2021-2026
  • Table 32 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2021-2026

MARKET DATA
  • Table 33 Financial Cards by Category: Number of Cards in Circulation 2016-2021
  • Table 34 Financial Cards by Category: Number of Accounts 2016-2021
  • Table 35 Financial Cards Transactions by Category: Value 2016-2021
  • Table 36 Financial Cards by Category: Number of Transactions 2016-2021
  • Table 37 Consumer Payments by Category: Value 2016-2021
  • Table 38 Consumer Payments by Category: Number of Transactions 2016-2021
  • Table 39 M-Commerce by Category: Value 2016-2021
  • Table 40 M-Commerce by Category: % Value Growth 2016-2021
  • Table 41 Financial Cards: Number of Cards by Issuer 2016-2020
  • Table 42 Financial Cards: Number of Cards by Operator 2016-2020
  • Table 43 Financial Cards: Card Payment Transactions Value by Operator 2016-2020
  • Table 44 Financial Cards: Card Payment Transactions Value by Issuer 2016-2020
  • Table 45 Forecast Financial Cards by Category: Number of Cards in Circulation 2021-2026
  • Table 46 Forecast Financial Cards by Category: Number of Accounts 2021-2026
  • Table 47 Forecast Financial Cards Transactions by Category: Value 2021-2026
  • Table 48 Forecast Financial Cards by Category: Number of Transactions 2021-2026
  • Table 49 Forecast Consumer Payments by Category: Value 2021-2026
  • Table 50 Forecast Consumer Payments by Category: Number of Transactions 2021-2026
  • Table 51 Forecast M-Commerce by Category: Value 2021-2026
  • Table 52 Forecast M-Commerce by Category: % Value Growth 2021-2026

DISCLAIMER
SOURCES
  • Summary 1 Research Sources
Note: Product cover images may vary from those shown