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Virtual Cards Market in Europe 2024-2028

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    Report

  • 147 Pages
  • July 2024
  • Region: Europe
  • TechNavio
  • ID: 5849347
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The virtual cards market in europe is forecasted to grow by USD 237.2 billion during 2023-2028, accelerating at a CAGR of 27.18% during the forecast period. The report on the virtual cards market in europe 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 high adoption of contactless payment solutions, increasing internet penetration, and focus on high customer satisfaction.

The virtual cards market in europe is segmented as below:

By Product

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

By Application

  • Business use
  • Consumer use

By Geographical Landscape

  • Europe
This study identifies the growing new developments as one of the prime reasons driving the virtual cards market in europe growth during the next few years. Also, emergence of nfc-based payment technology and integration of virtual cards with blockchain technology will lead to sizable demand in the market.

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

  • Virtual cards market in europe sizing
  • Virtual cards market in europe forecast
  • Virtual cards market in europe industry analysis
A robust vendor analysis within the report 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 in europe vendors that include Aion SA, Apple Inc., Bank of China Ltd., Barclays PLC, Bharti Airtel Ltd., bunq B.V., Capital One Financial Corp., Deutsche Lufthansa AG, Global Payments Inc., Klarna Bank AB, Marqeta Inc., Mastercard Inc., Monese Ltd., Paysafe Ltd., Qonto, Revolut Ltd., Sabre Corp., State Bank of India, Stripe Inc., and WEX Inc. Also, the virtual cards market in europe 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 report 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
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Chart on Europe: Year-over-year growth 2023-2028 (%)
Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
4 Historic Market Size
4.1 Virtual Cards Market in Europe 2018 - 2022
Historic Market Size - Data Table on Virtual Cards Market in Europe 2018 - 2022 ($ billion)
4.2 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.3 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
6.3 B2B virtual cards - Market size and forecast 2023-2028
Chart on B2B virtual cards - Market size and forecast 2023-2028 ($ billion)
Data Table on B2B virtual cards - Market size and forecast 2023-2028 ($ billion)
Chart on B2B virtual cards - Year-over-year growth 2023-2028 (%)
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
Chart on B2C remote payment virtual cards - Market size and forecast 2023-2028 ($ billion)
Data Table on B2C remote payment virtual cards - Market size and forecast 2023-2028 ($ billion)
Chart on B2C remote payment virtual cards - Year-over-year growth 2023-2028 (%)
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
Chart on B2C POS virtual cards - Market size and forecast 2023-2028 ($ billion)
Data Table on B2C POS virtual cards - Market size and forecast 2023-2028 ($ billion)
Chart on B2C POS virtual cards - Year-over-year growth 2023-2028 (%)
Data Table on B2C POS virtual cards - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product
Market opportunity by Product ($ billion)
Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by Application
7.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
7.3 Business use - Market size and forecast 2023-2028
Chart on Business use - Market size and forecast 2023-2028 ($ billion)
Data Table on Business use - Market size and forecast 2023-2028 ($ billion)
Chart on Business use - Year-over-year growth 2023-2028 (%)
Data Table on Business use - Year-over-year growth 2023-2028 (%)
7.4 Consumer use - Market size and forecast 2023-2028
Chart on Consumer use - Market size and forecast 2023-2028 ($ billion)
Data Table on Consumer use - Market size and forecast 2023-2028 ($ billion)
Chart on Consumer use - Year-over-year growth 2023-2028 (%)
Data Table on Consumer use - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Application
Market opportunity by Application ($ billion)
Data Table on Market opportunity by Application ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Chart on Market share By Geographical Landscape - 2023-2028 (%)
Data Table on Market share By Geographical Landscape - 2023-2028 (%)
9.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
9.3 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ billion)
Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
9.4 France - Market size and forecast 2023-2028
Chart on France - Market size and forecast 2023-2028 ($ billion)
Data Table on France - Market size and forecast 2023-2028 ($ billion)
Chart on France - Year-over-year growth 2023-2028 (%)
Data Table on France - Year-over-year growth 2023-2028 (%)
9.5 Italy - Market size and forecast 2023-2028
Chart on Italy - Market size and forecast 2023-2028 ($ billion)
Data Table on Italy - Market size and forecast 2023-2028 ($ billion)
Chart on Italy - Year-over-year growth 2023-2028 (%)
Data Table on Italy - Year-over-year growth 2023-2028 (%)
9.6 Switzerland - Market size and forecast 2023-2028
Chart on Switzerland - Market size and forecast 2023-2028 ($ billion)
Data Table on Switzerland - Market size and forecast 2023-2028 ($ billion)
Chart on Switzerland - Year-over-year growth 2023-2028 (%)
Data Table on Switzerland - Year-over-year growth 2023-2028 (%)
9.7 Rest of Europe - Market size and forecast 2023-2028
Chart on Rest of Europe - Market size and forecast 2023-2028 ($ billion)
Data Table on Rest of Europe - Market size and forecast 2023-2028 ($ billion)
Chart on Rest of Europe - Year-over-year growth 2023-2028 (%)
Data Table on Rest of Europe - Year-over-year growth 2023-2028 (%)
9.8 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Table on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
Overview on factors of disruption
11.4 Industry risks
Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
Companies covered
12.2 Market positioning of companies
Matrix on companies position and classification
12.3 Aion SA
Aion SA - Overview
Aion SA - Product / Service
Aion SA - Key offerings
12.4 Apple Inc.
Apple Inc. - Overview
Apple Inc. - Business segments
Apple Inc. - Key news
Apple Inc. - Key offerings
Apple Inc. - Segment focus
12.5 Bharti Airtel Ltd.
Bharti Airtel Ltd. - Overview
Bharti Airtel Ltd. - Business segments
Bharti Airtel Ltd. - Key news
Bharti Airtel Ltd. - Key offerings
Bharti Airtel Ltd. - Segment focus
12.6 bunq B.V.
bunq B.V. - Overview
bunq B.V. - Product / Service
bunq B.V. - Key offerings
12.7 Deutsche Lufthansa AG
Deutsche Lufthansa AG - Overview
Deutsche Lufthansa AG - Business segments
Deutsche Lufthansa AG - Key news
Deutsche Lufthansa AG - Key offerings
Deutsche Lufthansa AG - Segment focus
12.8 Global Payments Inc.
Global Payments Inc. - Overview
Global Payments Inc. - Business segments
Global Payments Inc. - Key news
Global Payments Inc. - Key offerings
Global Payments Inc. - Segment focus
12.9 Klarna Bank AB
Klarna Bank AB - Overview
Klarna Bank AB - Product / Service
Klarna Bank AB - Key offerings
12.10 Marqeta Inc.
Marqeta Inc. - Overview
Marqeta Inc. - Product / Service
Marqeta Inc. - Key offerings
12.11 Mastercard Inc.
Mastercard Inc. - Overview
Mastercard Inc. - Product / Service
Mastercard Inc. - Key news
Mastercard Inc. - Key offerings
12.12 Monese Ltd.
Monese Ltd. - Overview
Monese Ltd. - Product / Service
Monese Ltd. - Key offerings
12.13 Paysafe Ltd.
Paysafe Ltd. - Overview
Paysafe Ltd. - Business segments
Paysafe Ltd. - Key offerings
Paysafe Ltd. - Segment focus
12.14 Qonto
Qonto - Overview
Qonto - Product / Service
Qonto - Key offerings
12.15 Revolut Ltd.
Revolut Ltd. - Overview
Revolut Ltd. - Product / Service
Revolut Ltd. - Key offerings
12.16 Stripe Inc.
Stripe Inc. - Overview
Stripe Inc. - Product / Service
Stripe Inc. - Key offerings
12.17 WEX Inc.
WEX Inc. - Overview
WEX Inc. - Business segments
WEX Inc. - Key news
WEX Inc. - Key offerings
WEX Inc. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
13.3 Currency conversion rates for US$
Currency conversion rates for US$
13.4 Research methodology
Research methodology
13.5 Data procurement
Information sources
13.6 Data validation
Data validation
13.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
13.8 Data synthesis
Data synthesis
13.9 360 degree market analysis
360 degree market analysis
13.10 List of abbreviations
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 Country 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 Application
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 17: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Exhibits 18: Chart on Europe: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
Exhibits 20: Historic Market Size - Data Table on Virtual Cards Market in Europe 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 24: Five forces analysis - Comparison between 2023 and 2028
Exhibits 25: 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 Application - Market share 2023-2028 (%)
Exhibits 50: Data Table on Application - Market share 2023-2028 (%)
Exhibits 51: Chart on Comparison by Application
Exhibits 52: Data Table on Comparison by Application
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 Application ($ billion)
Exhibits 62: Data Table on Market opportunity by Application ($ 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 UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 69: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 70: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 71: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 72: Chart on France - Market size and forecast 2023-2028 ($ billion)
Exhibits 73: Data Table on France - Market size and forecast 2023-2028 ($ billion)
Exhibits 74: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibits 75: Data Table on France - Year-over-year growth 2023-2028 (%)
Exhibits 76: Chart on Italy - Market size and forecast 2023-2028 ($ billion)
Exhibits 77: Data Table on Italy - Market size and forecast 2023-2028 ($ billion)
Exhibits 78: Chart on Italy - Year-over-year growth 2023-2028 (%)
Exhibits 79: Data Table on Italy - Year-over-year growth 2023-2028 (%)
Exhibits 80: Chart on Switzerland - Market size and forecast 2023-2028 ($ billion)
Exhibits 81: Data Table on Switzerland - Market size and forecast 2023-2028 ($ billion)
Exhibits 82: Chart on Switzerland - Year-over-year growth 2023-2028 (%)
Exhibits 83: Data Table on Switzerland - Year-over-year growth 2023-2028 (%)
Exhibits 84: Chart on Rest of Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 85: Data Table on Rest of Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 86: Chart on Rest of Europe - Year-over-year growth 2023-2028 (%)
Exhibits 87: Data Table on Rest of Europe - Year-over-year growth 2023-2028 (%)
Exhibits 88: Market opportunity By Geographical Landscape ($ billion)
Exhibits 89: Data Table on Market opportunity By Geographical Landscape ($ billion)
Exhibits 90: Impact of drivers and challenges in 2023 and 2028
Exhibits 91: Overview on criticality of inputs and factors of differentiation
Exhibits 92: Overview on factors of disruption
Exhibits 93: Impact of key risks on business
Exhibits 94: Companies covered
Exhibits 95: Matrix on companies position and classification
Exhibits 96: Aion SA - Overview
Exhibits 97: Aion SA - Product / Service
Exhibits 98: Aion SA - Key offerings
Exhibits 99: Apple Inc. - Overview
Exhibits 100: Apple Inc. - Business segments
Exhibits 101: Apple Inc. - Key news
Exhibits 102: Apple Inc. - Key offerings
Exhibits 103: Apple Inc. - Segment focus
Exhibits 104: Bharti Airtel Ltd. - Overview
Exhibits 105: Bharti Airtel Ltd. - Business segments
Exhibits 106: Bharti Airtel Ltd. - Key news
Exhibits 107: Bharti Airtel Ltd. - Key offerings
Exhibits 108: Bharti Airtel Ltd. - Segment focus
Exhibits 109: bunq B.V. - Overview
Exhibits 110: bunq B.V. - Product / Service
Exhibits 111: bunq B.V. - Key offerings
Exhibits 112: Deutsche Lufthansa AG - Overview
Exhibits 113: Deutsche Lufthansa AG - Business segments
Exhibits 114: Deutsche Lufthansa AG - Key news
Exhibits 115: Deutsche Lufthansa AG - Key offerings
Exhibits 116: Deutsche Lufthansa AG - Segment focus
Exhibits 117: Global Payments Inc. - Overview
Exhibits 118: Global Payments Inc. - Business segments
Exhibits 119: Global Payments Inc. - Key news
Exhibits 120: Global Payments Inc. - Key offerings
Exhibits 121: Global Payments Inc. - Segment focus
Exhibits 122: Klarna Bank AB - Overview
Exhibits 123: Klarna Bank AB - Product / Service
Exhibits 124: Klarna Bank AB - Key offerings
Exhibits 125: Marqeta Inc. - Overview
Exhibits 126: Marqeta Inc. - Product / Service
Exhibits 127: Marqeta Inc. - Key offerings
Exhibits 128: Mastercard Inc. - Overview
Exhibits 129: Mastercard Inc. - Product / Service
Exhibits 130: Mastercard Inc. - Key news
Exhibits 131: Mastercard Inc. - Key offerings
Exhibits 132: Monese Ltd. - Overview
Exhibits 133: Monese Ltd. - Product / Service
Exhibits 134: Monese Ltd. - Key offerings
Exhibits 135: Paysafe Ltd. - Overview
Exhibits 136: Paysafe Ltd. - Business segments
Exhibits 137: Paysafe Ltd. - Key offerings
Exhibits 138: Paysafe Ltd. - Segment focus
Exhibits 139: Qonto - Overview
Exhibits 140: Qonto - Product / Service
Exhibits 141: Qonto - Key offerings
Exhibits 142: Revolut Ltd. - Overview
Exhibits 143: Revolut Ltd. - Product / Service
Exhibits 144: Revolut Ltd. - Key offerings
Exhibits 145: Stripe Inc. - Overview
Exhibits 146: Stripe Inc. - Product / Service
Exhibits 147: Stripe Inc. - Key offerings
Exhibits 148: WEX Inc. - Overview
Exhibits 149: WEX Inc. - Business segments
Exhibits 150: WEX Inc. - Key news
Exhibits 151: WEX Inc. - Key offerings
Exhibits 152: WEX Inc. - Segment focus
Exhibits 153: Inclusions checklist
Exhibits 154: Exclusions checklist
Exhibits 155: Currency conversion rates for US$
Exhibits 156: Research methodology
Exhibits 157: Information sources
Exhibits 158: Data validation
Exhibits 159: Validation techniques employed for market sizing
Exhibits 160: Data synthesis
Exhibits 161: 360 degree market analysis
Exhibits 162: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the virtual cards market in Europe: Aion SA, Apple Inc., Bank of China Ltd., Barclays PLC, Bharti Airtel Ltd., bunq B.V., Capital One Financial Corp., Deutsche Lufthansa AG, Global Payments Inc., Klarna Bank AB, Marqeta Inc., Mastercard Inc., Monese Ltd., Paysafe Ltd., Qonto, Revolut Ltd., Sabre Corp., State Bank of India, Stripe Inc., and WEX Inc..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing new developments."

According to the report, one of the major drivers for this market is the high adoption of contactless payment solutions.

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:

  • Aion SA
  • Apple Inc.
  • Bank of China Ltd.
  • Barclays PLC
  • Bharti Airtel Ltd.
  • bunq B.V.
  • Capital One Financial Corp.
  • Deutsche Lufthansa AG
  • Global Payments Inc.
  • Klarna Bank AB
  • Marqeta Inc.
  • Mastercard Inc.
  • Monese Ltd.
  • Paysafe Ltd.
  • Qonto
  • Revolut Ltd.
  • Sabre Corp.
  • State Bank of India
  • Stripe Inc.
  • WEX Inc.