Credit Card Issuance in Australia - Industry Market Research Report

Credit Card Issuance in Australia - Industry Market Research Report

  • May 2017
  • 32 pages
  • Ibisworld
Report ID: 211046

Borrowed time: Revenue has declined due to fewer interest-accruing credit card accounts

Credit Card Issuance in Australia

The industry issues credit and charge cards to businesses and consumers. These cards provide users with a line of credit to use for purchases or cash advances. Credit card balances roll over month to month and can be repaid in full or by instalment. Charge card balances must be paid in full each month. The cards are issued by financial institutions rather than directly by Visa or MasterCard, which only provide the transaction processing networks.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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Country=Australia Industry=Payments ParentIndustry=Banking Date=201705 Topic=MarketReport Publisher=Ibisworld Price=1000