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Saudi Arabia credit cards market trends 2024-2029 released

Tuesday, December 24, 2024 — 12:07:22 (EST)

Dublin, Dec. 24, 2024 (GLOBE NEWSWIRE) -- The "Credit Cards in Saudi Arabia" report has been added to ResearchAndMarkets.com's offering.

Saudi Arabia witnessed a notable surge in credit card ownership and usage (in terms of number of transactions), throughout 2024. This growth is attributed to strategic partnerships aimed at introducing innovative credit card offerings and advanced payment solutions across the Kingdom. A key example is Mastercard's collaboration with the digital payments technology company Loop. This partnership includes issuing Bank Identification Numbers (BINs) for credit cards.

The Credit Card Transactions in Saudi Arabia 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: Commercial Credit Card Transactions, Personal Credit Card 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 Credit Card Transactions 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.

Key Topics Covered:

KEY DATA FINDINGS

2024 DEVELOPMENTS

Credit card adoption soars in Saudi Arabia driven by diverse offerings and advanced payment solutions

Lucrative bank offers make credit cards a compelling choice for consumers Saudi Banks drive growth through Shariah-compliant credit card offerings

PROSPECTS AND OPPORTUNITIES

BNPL represents growing threat to credit cards Mastercard flies flag for seamless digital payments through innovative partnerships Shariah-compliant credit cards will continue to gain traction

CATEGORY DATA

Table 1 Credit Cards: Number of Cards in Circulation 2019-2024 Table 2 Credit Cards Transactions 2019-2024 Table 3 Credit Cards in Circulation: % Growth 2019-2024 Table 4 Credit Cards Transactions: % Growth 2019-2024 Table 5 Commercial Credit Cards: Number of Cards in Circulation 2019-2024 Table 6 Commercial Credit Cards Transactions 2019-2024 Table 7 Commercial Credit Cards in Circulation: % Growth 2019-2024 Table 8 Commercial Credit Cards Transactions: % Growth 2019-2024 Table 9 Personal Credit Cards: Number of Cards in Circulation 2019-2024 Table 10 Personal Credit Cards Transactions 2019-2024 Table 11 Personal Credit Cards in Circulation: % Growth 2019-2024 Table 12 Personal Credit Cards Transactions: % Growth 2019-2024 Table 13 Credit Cards: Number of Cards by Issuer 2019-2023 Table 14 Credit Cards: Number of Cards by Operator 2019-2023 Table 15 Credit Cards Payment Transaction Value by Issuer 2019-2023 Table 16 Credit Cards Payment Transaction Value by Operator 2019-2023 Table 17 Commercial Credit Cards: Number of Cards by Issuer 2019-2023 Table 18 Commercial Credit Cards: Number of Cards by Operator 2019-2023 Table 19 Commercial Credit Cards Payment Transaction Value by Issuer 2019-2023 Table 20 Commercial Credit Cards Payment Transaction Value by Operator 2019-2023 Table 21 Personal Credit Cards: Number of Cards by Issuer 2019-2023 Table 22 Personal Credit Cards: Number of Cards by Operator 2019-2023 Table 23 Personal Credit Cards Payment Transaction Value by Issuer 2019-2023 Table 24 Personal Credit Cards Payment Transaction Value by Operator 2019-2023 Table 25 Forecast Credit Cards: Number of Cards in Circulation 2024-2029 Table 26 Forecast Credit Cards Transactions 2024-2029 Table 27 Forecast Credit Cards in Circulation: % Growth 2024-2029 Table 28 Forecast Credit Cards Transactions: % Growth 2024-2029 Table 29 Forecast Commercial Credit Cards: Number of Cards in Circulation 2024-2029 Table 30 Forecast Commercial Credit Cards Transactions 2024-2029 Table 31 Forecast Commercial Credit Cards in Circulation: % Growth 2024-2029 Table 32 Forecast Commercial Credit Cards Transactions: % Growth 2024-2029 Table 33 Forecast Personal Credit Cards: Number of Cards in Circulation 2024-2029 Table 34 Forecast Personal Credit Cards Transactions 2024-2029 Table 35 Forecast Personal Credit Cards in Circulation: % Growth 2024-2029 Table 36 Forecast Personal Credit Cards Transactions: % Growth 2024-2029

FINANCIAL CARDS AND PAYMENTS IN SAUDI ARABIA

EXECUTIVE SUMMARY

Financial cards and payments in 2024: The big picture 2024 key trends Competitive landscape What next for financial cards and payments?

MARKET INDICATORS

Table 37 Number of POS Terminals: Units 2019-2024 Table 38 Number of ATMs: Units 2019-2024 Table 39 Value Lost to Fraud 2019-2024 Table 40 Card Expenditure by Location 2024 Table 41 Financial Cards in Circulation by Type: % Number of Cards 2019-2024 Table 42 Domestic versus Foreign Spend 2024

MARKET DATA

For more information about this report visit www.researchandmarkets.com/r/cf6t9u

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Source: Company press release.