+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Pre-Paid Cards in Saudi Arabia

  • PDF Icon

    Report

  • 24 Pages
  • November 2023
  • Region: Saudi Arabia
  • Euromonitor International
  • ID: 1541704
Pre-paid cards are benefitting from the Kingdom’s move towards a cashless society – especially so in certain areas. For example, as seen with the uptake of pre-paid cards for the payment of workers’ salaries, notably so for domestic workers. In this case, the Kingdom has been undertaking successful initiatives to ensure that domestic staff are paid electronically via pre-paid payroll cards.

The Pre-Paid 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: Closed Loop Pre-Paid Card Transactions, Open Loop Pre-Paid 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 Pre-Paid 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.

Table of Contents

PRE-PAID CARDS IN SAUDI ARABIAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Payroll-based pre-paid cards continue to attract attention
  • The culture of gifting supports other opportunities in pre-paid cards
  • Cashback incentives make pre-paid cards more attractive
PROSPECTS AND OPPORTUNITIES
  • Convenience continues to be a major selling point for pre-paid cards
  • The growth of digital banking and fintech platforms will continue to bolster pre-paid cards
  • Developments in the transport industry expected to bring forth transport cards
CATEGORY DATA
  • Table 1 Pre-paid Cards: Number of Cards in Circulation 2018-2023
  • Table 2 Pre-paid Cards Transactions 2018-2023
  • Table 3 Pre-paid Cards in Circulation: % Growth 2018-2023
  • Table 4 Pre-paid Cards Transactions: % Growth 2018-2023
  • Table 5 Open Loop Pre-paid Cards Transactions 2018-2023
  • Table 6 Open Loop Pre-paid Cards Transactions: % Growth 2018-2023
  • Table 7 Pre-paid Cards: Number of Cards by Issuer 2018-2022
  • Table 8 Pre-paid Cards: Number of Cards by Operator 2018-2022
  • Table 9 Pre-paid Cards Transaction Value by Issuer 2018-2022
  • Table 10 Pre-paid Cards Transaction Value by Operator 2018-2022
  • Table 11 Open Loop Pre-paid Cards: Number of Cards by Issuer 2018-2022
  • Table 12 Open Loop Pre-paid Cards: Number of Cards by Operator 2018-2022
  • Table 13 Open Loop Pre-paid Cards Transaction Value by Issuer 2018-2022
  • Table 14 Open Loop Pre-paid Cards Transaction Value by Operator 2018-2022
  • Table 15 Forecast Pre-paid Cards: Number of Cards in Circulation 2023-2028
  • Table 16 Forecast Pre-paid Cards Transactions 2023-2028
  • Table 17 Forecast Pre-paid Cards in Circulation: % Growth 2023-2028
  • Table 18 Forecast Pre-paid Cards Transactions: % Growth 2023-2028
  • Table 19 Forecast Open Loop Pre-paid Cards Transactions 2023-2028
  • Table 20 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2023-2028
FINANCIAL CARDS AND PAYMENTS IN SAUDI ARABIA
EXECUTIVE SUMMARY
  • Financial cards and payments in 2023: The big picture
  • 2023 key trends
  • Card transactions continue to take the lead over cash
  • Buy now pay later continues to gain traction
  • Competitive landscape
  • National card payment scheme mada continues to lead in payment technology
  • Saudi banks embrace digital future with the closure of branches
  • Approval for more digital banks in Saudi Arabia
  • Fintech firms facilitate cashless payments
  • What next for financial cards and payments?
MARKET INDICATORS
  • Table 21 Number of POS Terminals: Units 2018-2023
  • Table 22 Number of ATMs: Units 2018-2023
  • Table 23 Value Lost to Fraud 2018-2023
  • Table 24 Card Expenditure by Location 2023
  • Table 25 Financial Cards in Circulation by Type: % Number of Cards 2018-2023
  • Table 26 Domestic versus Foreign Spend 2023
MARKET DATA
  • Table 27 Financial Cards by Category: Number of Cards in Circulation 2018-2023
  • Table 28 Financial Cards by Category: Number of Accounts 2018-2023
  • Table 29 Financial Cards Transactions by Category: Value 2018-2023
  • Table 30 Financial Cards by Category: Number of Transactions 2018-2023
  • Table 31 Consumer Payments by Category: Value 2018-2023
  • Table 32 Consumer Payments by Category: Number of Transactions 2018-2023
  • Table 33 M-Commerce by Category: Value 2018-2023
  • Table 34 M-Commerce by Category: % Value Growth 2018-2023
  • Table 35 Financial Cards: Number of Cards by Issuer 2018-2022
  • Table 36 Financial Cards: Number of Cards by Operator 2018-2022
  • Table 37 Financial Cards: Card Payment Transactions Value by Operator 2018-2022
  • Table 38 Financial Cards: Card Payment Transactions Value by Issuer 2018-2022
  • Table 39 Forecast Financial Cards by Category: Number of Cards in Circulation 2023-2028
  • Table 40 Forecast Financial Cards by Category: Number of Accounts 2023-2028
  • Table 41 Forecast Financial Cards Transactions by Category: Value 2023-2028
  • Table 42 Forecast Financial Cards by Category: Number of Transactions 2023-2028
  • Table 43 Forecast Consumer Payments by Category: Value 2023-2028
  • Table 44 Forecast Consumer Payments by Category: Number of Transactions 2023-2028
  • Table 45 Forecast M-Commerce by Category: Value 2023-2028
  • Table 46 Forecast M-Commerce by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources