+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)

Global Virtual Cards Market 2024-2028

  • PDF Icon

    Report

  • 173 Pages
  • January 2024
  • Region: Global
  • TechNavio
  • ID: 5681672
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The virtual cards market is forecasted to grow by USD 590.17 bn during 2023-2028, accelerating at a CAGR of 21.26% during the forecast period. The report on the virtual cards market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the focus on high customer satisfaction, high adoption of contactless payment solutions, and increased use of m-commerce.

The virtual cards market is segmented as below:

By Product

  • B2B virtual cards
  • B2C remote payment virtual cards
  • B2C POS virtual cards

By Service

  • Business use
  • Consumer use

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the emergence of NFC-based payment technology as one of the prime reasons driving the virtual cards market growth during the next few years. Also, high adoption of cloud computing and integration of virtual cards with blockchain will lead to sizable demand in the market.

The report on the virtual cards market covers the following areas:

  • Virtual cards market sizing
  • Virtual cards market forecast
  • Virtual cards market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading virtual cards market vendors that include Adyen NV, American Express Co., BTRS Holdings Inc., Caxton FX Ltd., Citigroup Inc., Edenred SE, Green Dot Corp., HSBC Holdings Plc, JPMorgan Chase and Co., Marqeta Inc., Mastercard Inc., Paysafe Ltd., Stripe Inc., Travelex International Ltd., U.S. Bancorp, Visa Inc., Walmart Inc., Western Union Holdings Inc., WEX Inc., and Wise Payments Ltd.. Also, the virtual cards market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Service
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global virtual cards market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global virtual cards market 2018 - 2022 ($ billion)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.3 Services Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Services Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
4.6 Global virtual cards market by Country 2023 - 2028
Exhibit 23: Market Size (value) - Data Table on Global virtual cards market by Country 2023 - 2028 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 24: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 25: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 26: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 27: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 28: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 29: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 30: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
Exhibit 31: Chart on Product - Market share 2023-2028 (%)
Exhibit 32: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 33: Chart on Comparison by Product
Exhibit 34: Data Table on Comparison by Product
6.3 B2B virtual cards - Market size and forecast 2023-2028
Exhibit 35: Chart on B2B virtual cards - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Data Table on B2B virtual cards - Market size and forecast 2023-2028 ($ billion)
Exhibit 37: Chart on B2B virtual cards - Year-over-year growth 2023-2028 (%)
Exhibit 38: Data Table on B2B virtual cards - Year-over-year growth 2023-2028 (%)
6.4 B2C remote payment virtual cards - Market size and forecast 2023-2028
Exhibit 39: Chart on B2C remote payment virtual cards - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Data Table on B2C remote payment virtual cards - Market size and forecast 2023-2028 ($ billion)
Exhibit 41: Chart on B2C remote payment virtual cards - Year-over-year growth 2023-2028 (%)
Exhibit 42: Data Table on B2C remote payment virtual cards - Year-over-year growth 2023-2028 (%)
6.5 B2C POS virtual cards - Market size and forecast 2023-2028
Exhibit 43: Chart on B2C POS virtual cards - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Data Table on B2C POS virtual cards - Market size and forecast 2023-2028 ($ billion)
Exhibit 45: Chart on B2C POS virtual cards - Year-over-year growth 2023-2028 (%)
Exhibit 46: Data Table on B2C POS virtual cards - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product
Exhibit 47: Market opportunity by Product ($ billion)
Exhibit 48: Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by Service
7.1 Market segments
Exhibit 49: Chart on Service - Market share 2023-2028 (%)
Exhibit 50: Data Table on Service - Market share 2023-2028 (%)
7.2 Comparison by Service
Exhibit 51: Chart on Comparison by Service
Exhibit 52: Data Table on Comparison by Service
7.3 Business use - Market size and forecast 2023-2028
Exhibit 53: Chart on Business use - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Data Table on Business use - Market size and forecast 2023-2028 ($ billion)
Exhibit 55: Chart on Business use - Year-over-year growth 2023-2028 (%)
Exhibit 56: Data Table on Business use - Year-over-year growth 2023-2028 (%)
7.4 Consumer use - Market size and forecast 2023-2028
Exhibit 57: Chart on Consumer use - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Data Table on Consumer use - Market size and forecast 2023-2028 ($ billion)
Exhibit 59: Chart on Consumer use - Year-over-year growth 2023-2028 (%)
Exhibit 60: Data Table on Consumer use - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Service
Exhibit 61: Market opportunity by Service ($ billion)
Exhibit 62: Data Table on Market opportunity by Service ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 64: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 65: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 66: Chart on Geographic comparison
Exhibit 67: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 68: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 70: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 71: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 72: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 74: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 75: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 76: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 78: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 79: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 80: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 82: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 83: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 84: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 86: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 87: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 88: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 90: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 91: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 92: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 94: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 95: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 96: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 98: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 99: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 Canada - Market size and forecast 2023-2028
Exhibit 100: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 102: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 103: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
Exhibit 104: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 106: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 107: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 108: Market opportunity By Geographical Landscape ($ billion)
Exhibit 109: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 110: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 112: Overview on factors of disruption
11.4 Industry risks
Exhibit 113: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 114: Vendors covered
12.2 Market positioning of vendors
Exhibit 115: Matrix on vendor position and classification
12.3 Adyen NV
Exhibit 116: Adyen NV - Overview
Exhibit 117: Adyen NV - Product/Service
Exhibit 118: Adyen NV - Key offerings
12.4 American Express Co.
Exhibit 119: American Express Co. - Overview
Exhibit 120: American Express Co. - Business segments
Exhibit 121: American Express Co. - Key offerings
Exhibit 122: American Express Co. - Segment focus
12.5 BTRS Holdings Inc.
Exhibit 123: BTRS Holdings Inc. - Overview
Exhibit 124: BTRS Holdings Inc. - Product/Service
Exhibit 125: BTRS Holdings Inc. - Key offerings
12.6 Caxton FX Ltd.
Exhibit 126: Caxton FX Ltd. - Overview
Exhibit 127: Caxton FX Ltd. - Product/Service
Exhibit 128: Caxton FX Ltd. - Key offerings
12.7 Citigroup Inc.
Exhibit 129: Citigroup Inc. - Overview
Exhibit 130: Citigroup Inc. - Business segments
Exhibit 131: Citigroup Inc. - Key offerings
Exhibit 132: Citigroup Inc. - Segment focus
12.8 Edenred SE
Exhibit 133: Edenred SE - Overview
Exhibit 134: Edenred SE - Business segments
Exhibit 135: Edenred SE - Key news
Exhibit 136: Edenred SE - Key offerings
Exhibit 137: Edenred SE - Segment focus
12.9 Green Dot Corp.
Exhibit 138: Green Dot Corp. - Overview
Exhibit 139: Green Dot Corp. - Business segments
Exhibit 140: Green Dot Corp. - Key offerings
Exhibit 141: Green Dot Corp. - Segment focus
12.10 HSBC Holdings Plc
Exhibit 142: HSBC Holdings Plc - Overview
Exhibit 143: HSBC Holdings Plc - Business segments
Exhibit 144: HSBC Holdings Plc - Key news
Exhibit 145: HSBC Holdings Plc - Key offerings
Exhibit 146: HSBC Holdings Plc - Segment focus
12.11 JPMorgan Chase and Co.
Exhibit 147: JPMorgan Chase and Co. - Overview
Exhibit 148: JPMorgan Chase and Co. - Business segments
Exhibit 149: JPMorgan Chase and Co. - Key offerings
Exhibit 150: JPMorgan Chase and Co. - Segment focus
12.12 Marqeta Inc.
Exhibit 151: Marqeta Inc. - Overview
Exhibit 152: Marqeta Inc. - Product/Service
Exhibit 153: Marqeta Inc. - Key offerings
12.13 Mastercard Inc.
Exhibit 154: Mastercard Inc. - Overview
Exhibit 155: Mastercard Inc. - Product/Service
Exhibit 156: Mastercard Inc. - Key news
Exhibit 157: Mastercard Inc. - Key offerings
12.14 Paysafe Ltd.
Exhibit 158: Paysafe Ltd. - Overview
Exhibit 159: Paysafe Ltd. - Business segments
Exhibit 160: Paysafe Ltd. - Key offerings
Exhibit 161: Paysafe Ltd. - Segment focus
12.15 Stripe Inc.
Exhibit 162: Stripe Inc. - Overview
Exhibit 163: Stripe Inc. - Product/Service
Exhibit 164: Stripe Inc. - Key offerings
12.16 WEX Inc.
Exhibit 165: WEX Inc. - Overview
Exhibit 166: WEX Inc. - Business segments
Exhibit 167: WEX Inc. - Key news
Exhibit 168: WEX Inc. - Key offerings
Exhibit 169: WEX Inc. - Segment focus
12.17 Wise Payments Ltd.
Exhibit 170: Wise Payments Ltd. - Overview
Exhibit 171: Wise Payments Ltd. - Business segments
Exhibit 172: Wise Payments Ltd. - Key offerings
Exhibit 173: Wise Payments Ltd. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 174: Inclusions checklist
Exhibit 175: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 176: Currency conversion rates for US$
13.4 Research methodology
Exhibit 177: Research methodology
Exhibit 178: Validation techniques employed for market sizing
Exhibit 179: Information sources
13.5 List of abbreviations
Exhibit 180: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product
Exhibits 6: Executive Summary - Chart on Market Segmentation by Service
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Historic Market Size - Data Table on global virtual cards market 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
Exhibits 20: Historic Market Size - Services Segment 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 23: Market Size (value) - Data Table on Global virtual cards market by Country 2023 - 2028 ($ billion)
Exhibits 24: Five forces analysis - Comparison between 2023 and 2028
Exhibits 25: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 26: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 30: Chart on Market condition - Five forces 2023 and 2028
Exhibits 31: Chart on Product - Market share 2023-2028 (%)
Exhibits 32: Data Table on Product - Market share 2023-2028 (%)
Exhibits 33: Chart on Comparison by Product
Exhibits 34: Data Table on Comparison by Product
Exhibits 35: Chart on B2B virtual cards - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Data Table on B2B virtual cards - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Chart on B2B virtual cards - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on B2B virtual cards - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on B2C remote payment virtual cards - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Data Table on B2C remote payment virtual cards - Market size and forecast 2023-2028 ($ billion)
Exhibits 41: Chart on B2C remote payment virtual cards - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on B2C remote payment virtual cards - Year-over-year growth 2023-2028 (%)
Exhibits 43: Chart on B2C POS virtual cards - Market size and forecast 2023-2028 ($ billion)
Exhibits 44: Data Table on B2C POS virtual cards - Market size and forecast 2023-2028 ($ billion)
Exhibits 45: Chart on B2C POS virtual cards - Year-over-year growth 2023-2028 (%)
Exhibits 46: Data Table on B2C POS virtual cards - Year-over-year growth 2023-2028 (%)
Exhibits 47: Market opportunity by Product ($ billion)
Exhibits 48: Data Table on Market opportunity by Product ($ billion)
Exhibits 49: Chart on Service - Market share 2023-2028 (%)
Exhibits 50: Data Table on Service - Market share 2023-2028 (%)
Exhibits 51: Chart on Comparison by Service
Exhibits 52: Data Table on Comparison by Service
Exhibits 53: Chart on Business use - Market size and forecast 2023-2028 ($ billion)
Exhibits 54: Data Table on Business use - Market size and forecast 2023-2028 ($ billion)
Exhibits 55: Chart on Business use - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Business use - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on Consumer use - Market size and forecast 2023-2028 ($ billion)
Exhibits 58: Data Table on Consumer use - Market size and forecast 2023-2028 ($ billion)
Exhibits 59: Chart on Consumer use - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on Consumer use - Year-over-year growth 2023-2028 (%)
Exhibits 61: Market opportunity by Service ($ billion)
Exhibits 62: Data Table on Market opportunity by Service ($ billion)
Exhibits 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 64: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 65: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 66: Chart on Geographic comparison
Exhibits 67: Data Table on Geographic comparison
Exhibits 68: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 69: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 70: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 71: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 72: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 73: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 74: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 75: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 76: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 77: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 78: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 79: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 80: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 81: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 82: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 83: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 84: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 85: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 86: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 87: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 88: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 89: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 90: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 91: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 92: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 93: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 94: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 95: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 96: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 97: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 98: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 99: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 100: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibits 101: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibits 102: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 103: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 104: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 105: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 106: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 107: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 108: Market opportunity By Geographical Landscape ($ billion)
Exhibits 109: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 110: Impact of drivers and challenges in 2023 and 2028
Exhibits 111: Overview on Criticality of inputs and Factors of differentiation
Exhibits 112: Overview on factors of disruption
Exhibits 113: Impact of key risks on business
Exhibits 114: Vendors covered
Exhibits 115: Matrix on vendor position and classification
Exhibits 116: Adyen NV - Overview
Exhibits 117: Adyen NV - Product/Service
Exhibits 118: Adyen NV - Key offerings
Exhibits 119: American Express Co. - Overview
Exhibits 120: American Express Co. - Business segments
Exhibits 121: American Express Co. - Key offerings
Exhibits 122: American Express Co. - Segment focus
Exhibits 123: BTRS Holdings Inc. - Overview
Exhibits 124: BTRS Holdings Inc. - Product/Service
Exhibits 125: BTRS Holdings Inc. - Key offerings
Exhibits 126: Caxton FX Ltd. - Overview
Exhibits 127: Caxton FX Ltd. - Product/Service
Exhibits 128: Caxton FX Ltd. - Key offerings
Exhibits 129: Citigroup Inc. - Overview
Exhibits 130: Citigroup Inc. - Business segments
Exhibits 131: Citigroup Inc. - Key offerings
Exhibits 132: Citigroup Inc. - Segment focus
Exhibits 133: Edenred SE - Overview
Exhibits 134: Edenred SE - Business segments
Exhibits 135: Edenred SE - Key news
Exhibits 136: Edenred SE - Key offerings
Exhibits 137: Edenred SE - Segment focus
Exhibits 138: Green Dot Corp. - Overview
Exhibits 139: Green Dot Corp. - Business segments
Exhibits 140: Green Dot Corp. - Key offerings
Exhibits 141: Green Dot Corp. - Segment focus
Exhibits 142: HSBC Holdings Plc - Overview
Exhibits 143: HSBC Holdings Plc - Business segments
Exhibits 144: HSBC Holdings Plc - Key news
Exhibits 145: HSBC Holdings Plc - Key offerings
Exhibits 146: HSBC Holdings Plc - Segment focus
Exhibits 147: JPMorgan Chase and Co. - Overview
Exhibits 148: JPMorgan Chase and Co. - Business segments
Exhibits 149: JPMorgan Chase and Co. - Key offerings
Exhibits 150: JPMorgan Chase and Co. - Segment focus
Exhibits 151: Marqeta Inc. - Overview
Exhibits 152: Marqeta Inc. - Product/Service
Exhibits 153: Marqeta Inc. - Key offerings
Exhibits 154: Mastercard Inc. - Overview
Exhibits 155: Mastercard Inc. - Product/Service
Exhibits 156: Mastercard Inc. - Key news
Exhibits 157: Mastercard Inc. - Key offerings
Exhibits 158: Paysafe Ltd. - Overview
Exhibits 159: Paysafe Ltd. - Business segments
Exhibits 160: Paysafe Ltd. - Key offerings
Exhibits 161: Paysafe Ltd. - Segment focus
Exhibits 162: Stripe Inc. - Overview
Exhibits 163: Stripe Inc. - Product/Service
Exhibits 164: Stripe Inc. - Key offerings
Exhibits 165: WEX Inc. - Overview
Exhibits 166: WEX Inc. - Business segments
Exhibits 167: WEX Inc. - Key news
Exhibits 168: WEX Inc. - Key offerings
Exhibits 169: WEX Inc. - Segment focus
Exhibits 170: Wise Payments Ltd. - Overview
Exhibits 171: Wise Payments Ltd. - Business segments
Exhibits 172: Wise Payments Ltd. - Key offerings
Exhibits 173: Wise Payments Ltd. - Segment focus
Exhibits 174: Inclusions checklist
Exhibits 175: Exclusions checklist
Exhibits 176: Currency conversion rates for US$
Exhibits 177: Research methodology
Exhibits 178: Validation techniques employed for market sizing
Exhibits 179: Information sources
Exhibits 180: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global virtual cards market: Adyen NV, American Express Co., BTRS Holdings Inc., Caxton FX Ltd., Citigroup Inc., Edenred SE, Green Dot Corp., HSBC Holdings Plc, JPMorgan Chase and Co., Marqeta Inc., Mastercard Inc., Paysafe Ltd., Stripe Inc., Travelex International Ltd., U.S. Bancorp, Visa Inc., Walmart Inc., Western Union Holdings Inc., WEX Inc., and Wise Payments Ltd..

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is emergence of nfc-based payment technology.'

According to the report, one of the major drivers for this market is the focus on high customer satisfaction.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

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

  • Adyen NV
  • American Express Co.
  • BTRS Holdings Inc.
  • Caxton FX Ltd.
  • Citigroup Inc.
  • Edenred SE
  • Green Dot Corp.
  • HSBC Holdings Plc
  • JPMorgan Chase and Co.
  • Marqeta Inc.
  • Mastercard Inc.
  • Paysafe Ltd.
  • Stripe Inc.
  • Travelex International Ltd.
  • U.S. Bancorp
  • Visa Inc.
  • Walmart Inc.
  • Western Union Holdings Inc.
  • WEX Inc.
  • Wise Payments Ltd.