In terms of transactions, there is a sustained increase in the use of electronic payments, as opposed to paper payments, which are on a downwards trend. There is also a strong increase in the number of debit card transactions due to the stable rise of Banco del Estado de Chile’s CuentaRUT debit cards. On the other hand, the use of credit cards in banking and non-banking entities has also increased and has become an important means of payment, in addition to granting access to loans.
Euromonitor International’s Financial Cards and Payments in Chile 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.
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31 pages •
By Euromonitor International
• Oct 2017
Banco Central de Chile has allow non-bank entities to issue pre-paid cards by the end of 2017, and the most-interested stakeholders are retailers, clearing houses, cooperatives and telephone companies. The introduction of this type of card is the first step towards massive inclusion of lower-income groups. Beneficiaries will include students,...