The clear slowdown in Colombia’s economy is being reflected in distrustful and depressed consumers, with unemployment figures remaining high, while there was a reform at the end of 2016 which raised the taxes of citizens. Despite inflation slowing down slightly, interest rates remain very high in terms of access to credit.
However, these same consumers are also making more requests for credit and financial cards. When looking at the industry in detail, it is clear that having more cards is diffe...
Euromonitor International’s Financial Cards and Payments in Colombia 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, M-Commerce, 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.
Our reports have been used by over 10K customers, including:
22 pages •
By Euromonitor International
• Jan 2018
Pre-paid cards is seen as a way to control your money in Colombia. Their issue and use are regulated by companies for the acquisition of goods and services. It is perceived as a safe payment option to avoid carrying cash or paying handling fees, and an easy way to provide a gift. However, their specific limits and restricted use makes...