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Brazil Cards and Payments - Opportunities and Risks to 2026

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    Report

  • 92 Pages
  • May 2023
  • Region: Brazil
  • GlobalData
  • ID: 5804674
The publisher's ‘Brazil Cards and Payments - Opportunities and Risks to 2026' report provides detailed analysis of market trends in the Brazilian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debits, and cheques during the review-period (2018-22e).

The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2022e-26f). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.

The report brings together the publisher's research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies and recent changes in regulatory structure.

The report provides top-level market analysis, information and insights into the Brazilian cards and payments industry, including:
  • Current and forecast values for each market in the Brazilian cards and payments industry, including debit, credit, and charge cards
  • Detailed insights into payment instruments including cash, cards, credit transfers, direct debits, and cheques. It also, includes an overview of the country's key alternative payment instruments
  • Ecommerce market analysis
  • Analysis of various market drivers and regulations governing the Brazilian cards and payments industry
  • Detailed analysis of strategies adopted by banks and other institutions to market debit, credit, and charge cards
  • Comprehensive analysis of consumer attitudes and buying preferences for cards
  • The competitive landscape of the Brazilian cards and payments industry

Scope

  • Brazilian banking association Abecs recorded 3 billion contactless payments in Q3 2022 - up 157% from 1.1 billion in Q3 2021. Transaction value rose by 171% over the same period. This is partly because contactless payments for public transport are gradually gaining traction in the country. For instance, in September 2022, Banco de Brasilia partnered with Mastercard and transport company Transdata to launch contactless payments at 27 Federal District Metro stations. The system enables travelers to tap contactless cards against terminals to pay for fares
  • Buy now pay later (BNPL) services are gaining prominence in Brazil. Credit offered by banks is a popular option. Several banks provide installment payment facilities with their credit cards. For instance, Itau offers the Business Mastercard credit card with the option of paying off the card bill across 24 installments. This space is also attracting international players. In June 2022, US-based Sezzle launched its BNPL service in Brazil
  • To benefit from the growing market, new ecommerce platforms are launching in the country. In December 2022, Espaço Smart - a retailer of construction-related products - launched its ecommerce store in the country. Meanwhile, in October 2022, TikTok launched its TikTok Shop platform in Brazil, allowing companies and influencers to sell their products via the social media network. In addition, the country's ecommerce logistics and distribution network is improving. For example, in July 2022, Shopee opened five distribution centers in Brazil to expand its services to a wider customer base

Reasons to Buy

  • Make strategic business decisions, using top-level historic and forecast market data, related to the Brazilian cards and payments industry and each market within it
  • Understand the key market trends and growth opportunities in the Brazilian cards and payments industry
  • Assess the competitive dynamics in the Brazilian cards and payments industry
  • Gain insights into marketing strategies used for various card types in Brazil
  • Gain insights into key regulations governing the Brazilian cards and payments industry.

Table of Contents

  • Market Overview
  • Payment Instruments
  • Card-Based Payments
  • Merchant Acquiring
  • Ecommerce Payments
  • In-Store Payments
  • Buy Now Pay Later
  • Mobile Payments
  • P2P Payments
  • Bill Payments
  • Alternative Payments
  • Payment Innovations
  • Job Analysis
  • Payment Infrastructure and Regulation
  • Appendix

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Caixa Economica Federal
  • Banco Bradesco
  • Santander
  • Banco do Brasil
  • Itau Unibanco
  • Hipercard
  • Elo
  • Mastercard
  • Visa
  • American Express
  • Diners Club.