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Store Cards in Colombia

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    Report

  • 21 Pages
  • January 2025
  • Region: Colombia
  • Euromonitor International
  • ID: 4855450
Store cards in Colombia posted another contraction in volume transactions in 2024, maintaining the negative trend witnessed throughout the review period. Growth in circulation numbers meanwhile was modest and well down on that recorded in 2023. Usage levels continued to be depressed by the increasing consumer preference for alternative types of financial cards that offer greater versatility, wider acceptance and more appealing added-value benefits in areas such as cashback rewards.

The Store Card Transactions in Colombia 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.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Store 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

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Usage levels continue to decline as Colombians opt for more versatile alternatives
  • Growing threat from BNPL services compounds challenges faced by store cards
  • Discounters chain Ara and BBVA launch co-branded credit card
PROSPECTS AND OPPORTUNITIES
  • Volume and value transactions set to contract throughout the forecast period
  • Store card use likely to remain higher in smaller and regional cities
  • Store cards will continue to be a key path to financial inclusion for the underbanked
CATEGORY DATA
  • Table 1 Store Cards: Number of Cards in Circulation 2019-2024
  • Table 2 Store Cards Transactions 2019-2024
  • Table 3 Store Cards in Circulation: % Growth 2019-2024
  • Table 4 Store Cards Transactions: % Growth 2019-2024
  • Table 5 Store Cards: Number of Cards by Issuer 2019-2023
  • Table 6 Store Cards: Payment Transaction Value by Issuer 2019-2023
  • Table 7 Forecast Store Cards: Number of Cards in Circulation 2024-2029
  • Table 8 Forecast Store Cards Transactions 2024-2029
  • Table 9 Forecast Store Cards in Circulation: % Growth 2024-2029
  • Table 10 Forecast Store Cards Transactions: % Growth 2024-2029
FINANCIAL CARDS AND PAYMENTS IN COLOMBIA
EXECUTIVE SUMMARY
  • Financial cards and payments in 2024: The big picture
  • Digitalisation increasingly visible across financial cards and payments
  • Confidence in security of card-based and digital transactions continues to improve
  • Competitive landscape
  • What next for financial cards and payments?
MARKET INDICATORS
  • Table 11 Number of POS Terminals: Units 2019-2024
  • Table 12 Number of ATMs: Units 2019-2024
  • Table 13 Value Lost to Fraud 2019-2024
  • Table 14 Card Expenditure by Location 2024
  • Table 15 Financial Cards in Circulation by Type: % Number of Cards 2019-2024
  • Table 16 Domestic versus Foreign Spend 2024
MARKET DATA
  • Table 17 Financial Cards by Category: Number of Cards in Circulation 2019-2024
  • Table 18 Financial Cards by Category: Number of Accounts 2019-2024
  • Table 19 Financial Cards Transactions by Category: Value 2019-2024
  • Table 20 Financial Cards by Category: Number of Transactions 2019-2024
  • Table 21 Consumer Payments by Category: Value 2019-2024
  • Table 22 Consumer Payments by Category: Number of Transactions 2019-2024
  • Table 23 M-Commerce by Category: Value 2019-2024
  • Table 24 M-Commerce by Category: % Value Growth 2019-2024
  • Table 25 Financial Cards: Number of Cards by Issuer 2019-2023
  • Table 26 Financial Cards: Number of Cards by Operator 2019-2023
  • Table 27 Financial Cards: Card Payment Transactions Value by Operator 2019-2023
  • Table 28 Financial Cards: Card Payment Transactions Value by Issuer 2019-2023
  • Table 29 Forecast Financial Cards by Category: Number of Cards in Circulation 2024-2029
  • Table 30 Forecast Financial Cards by Category: Number of Accounts 2024-2029
  • Table 31 Forecast Financial Cards Transactions by Category: Value 2024-2029
  • Table 32 Forecast Financial Cards by Category: Number of Transactions 2024-2029
  • Table 33 Forecast Consumer Payments by Category: Value 2024-2029
  • Table 34 Forecast Consumer Payments by Category: Number of Transactions 2024-2029
  • Table 35 Forecast M-Commerce by Category: Value 2024-2029
  • Table 36 Forecast M-Commerce by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources