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Virtual Cards Market 2025-2029

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    Report

  • 200 Pages
  • December 2024
  • Region: Global
  • TechNavio
  • ID: 5681672
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The virtual cards market is forecasted to grow by USD 428.6 billion during 2024-2029, accelerating at a CAGR of 17.1% during the forecast period. The report on the virtual cards market 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 focus on high customer satisfaction, high adoption of contactless payment solutions, and increased use of m-commerce.

The virtual cards market is segmented as below:

By Product

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

By Service

  • Business use
  • Consumer use

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the emergence of nfc-based payment technology as one of the prime reasons driving the virtual cards market growth during the next few years. Also, high adoption of cloud computing and integration of virtual cards with blockchain will lead to sizable demand in the market.

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

  • Virtual Cards Market sizing
  • Virtual Cards Market forecast
  • Virtual Cards Market 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 vendors that include Adyen NV, American Express Co., BTRS Holdings Inc., Caxton FX Ltd., Citigroup Inc., Edenred SE, Green Dot Corp., HSBC Holdings Plc, JPMorgan Chase and Co., Marqeta Inc., Mastercard Inc., Paysafe Ltd., Stripe Inc., Travelex International Ltd., U.S. Bancorp, Visa Inc., Walmart Inc., Western Union Holdings Inc., WEX Inc., and Wise Payments Ltd. Also, the virtual cards market 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 primary and secondary research. 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 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 Global 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 Service
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ billion)
Data Table on Global - Market size and forecast 2024-2029 ($ billion)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Virtual Cards Market 2019 - 2023
Historic Market Size - Data Table on Global Virtual Cards Market 2019 - 2023 ($ billion)
5.2 Product segment analysis 2019 - 2023
Historic Market Size - Product Segment 2019 - 2023 ($ billion)
5.3 Service segment analysis 2019 - 2023
Historic Market Size - Service Segment 2019 - 2023 ($ billion)
5.4 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
5.5 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
6.1 Impact of AI on the Global Virtual Cards Market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Product
8.1 Market segments
Chart on Product - Market share 2024-2029 (%)
Data Table on Product - Market share 2024-2029 (%)
8.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
8.3 B2B virtual cards - Market size and forecast 2024-2029
Chart on B2B virtual cards - Market size and forecast 2024-2029 ($ billion)
Data Table on B2B virtual cards - Market size and forecast 2024-2029 ($ billion)
Chart on B2B virtual cards - Year-over-year growth 2024-2029 (%)
Data Table on B2B virtual cards - Year-over-year growth 2024-2029 (%)
8.4 B2C remote payment virtual cards - Market size and forecast 2024-2029
Chart on B2C remote payment virtual cards - Market size and forecast 2024-2029 ($ billion)
Data Table on B2C remote payment virtual cards - Market size and forecast 2024-2029 ($ billion)
Chart on B2C remote payment virtual cards - Year-over-year growth 2024-2029 (%)
Data Table on B2C remote payment virtual cards - Year-over-year growth 2024-2029 (%)
8.5 B2C POS virtual cards - Market size and forecast 2024-2029
Chart on B2C POS virtual cards - Market size and forecast 2024-2029 ($ billion)
Data Table on B2C POS virtual cards - Market size and forecast 2024-2029 ($ billion)
Chart on B2C POS virtual cards - Year-over-year growth 2024-2029 (%)
Data Table on B2C POS virtual cards - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Product
Market opportunity by Product ($ billion)
Data Table on Market opportunity by Product ($ billion)
9 Market Segmentation by Service
9.1 Market segments
Chart on Service - Market share 2024-2029 (%)
Data Table on Service - Market share 2024-2029 (%)
9.2 Comparison by Service
Chart on Comparison by Service
Data Table on Comparison by Service
9.3 Business use - Market size and forecast 2024-2029
Chart on Business use - Market size and forecast 2024-2029 ($ billion)
Data Table on Business use - Market size and forecast 2024-2029 ($ billion)
Chart on Business use - Year-over-year growth 2024-2029 (%)
Data Table on Business use - Year-over-year growth 2024-2029 (%)
9.4 Consumer use - Market size and forecast 2024-2029
Chart on Consumer use - Market size and forecast 2024-2029 ($ billion)
Data Table on Consumer use - Market size and forecast 2024-2029 ($ billion)
Chart on Consumer use - Year-over-year growth 2024-2029 (%)
Data Table on Consumer use - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Service
Market opportunity by Service ($ billion)
Data Table on Market opportunity by Service ($ billion)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
11.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
11.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
11.3 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ billion)
Data Table on North America - Market size and forecast 2024-2029 ($ billion)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
11.4 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ billion)
Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
11.5 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ billion)
Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
11.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ billion)
Data Table on South America - Market size and forecast 2024-2029 ($ billion)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
11.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
11.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ billion)
Data Table on US - Market size and forecast 2024-2029 ($ billion)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
11.9 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ billion)
Data Table on China - Market size and forecast 2024-2029 ($ billion)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
11.10 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ billion)
Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
11.11 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ billion)
Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
11.12 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ billion)
Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
11.13 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ billion)
Data Table on India - Market size and forecast 2024-2029 ($ billion)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
11.14 South Korea - Market size and forecast 2024-2029
Chart on South Korea - Market size and forecast 2024-2029 ($ billion)
Data Table on South Korea - Market size and forecast 2024-2029 ($ billion)
Chart on South Korea - Year-over-year growth 2024-2029 (%)
Data Table on South Korea - Year-over-year growth 2024-2029 (%)
11.15 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ billion)
Data Table on UK - Market size and forecast 2024-2029 ($ billion)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
11.16 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ billion)
Data Table on France - Market size and forecast 2024-2029 ($ billion)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
11.17 Brazil - Market size and forecast 2024-2029
Chart on Brazil - Market size and forecast 2024-2029 ($ billion)
Data Table on Brazil - Market size and forecast 2024-2029 ($ billion)
Chart on Brazil - Year-over-year growth 2024-2029 (%)
Data Table on Brazil - Year-over-year growth 2024-2029 (%)
11.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Tables on Market opportunity By Geographical Landscape ($ billion)
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
Companies covered
14.2 Company ranking index
Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 Adyen NV
Adyen NV - Overview
Adyen NV - Product / Service
Adyen NV - Key offerings
SWOT
14.5 American Express Co.
American Express Co. - Overview
American Express Co. - Business segments
American Express Co. - Key offerings
American Express Co. - Segment focus
SWOT
14.6 BTRS Holdings Inc.
BTRS Holdings Inc. - Overview
BTRS Holdings Inc. - Product / Service
BTRS Holdings Inc. - Key offerings
SWOT
14.7 Caxton FX Ltd.
Caxton FX Ltd. - Overview
Caxton FX Ltd. - Product / Service
Caxton FX Ltd. - Key offerings
SWOT
14.8 Citigroup Inc.
Citigroup Inc. - Overview
Citigroup Inc. - Business segments
Citigroup Inc. - Key news
Citigroup Inc. - Key offerings
Citigroup Inc. - Segment focus
SWOT
14.9 Edenred SE
Edenred SE - Overview
Edenred SE - Business segments
Edenred SE - Key news
Edenred SE - Key offerings
Edenred SE - Segment focus
SWOT
14.10 Green Dot Corp.
Green Dot Corp. - Overview
Green Dot Corp. - Business segments
Green Dot Corp. - Key offerings
Green Dot Corp. - Segment focus
SWOT
14.11 HSBC Holdings Plc
HSBC Holdings Plc - Overview
HSBC Holdings Plc - Business segments
HSBC Holdings Plc - Key news
HSBC Holdings Plc - Key offerings
HSBC Holdings Plc - Segment focus
SWOT
14.12 JPMorgan Chase and Co.
JPMorgan Chase and Co. - Overview
JPMorgan Chase and Co. - Business segments
JPMorgan Chase and Co. - Key offerings
JPMorgan Chase and Co. - Segment focus
SWOT
14.13 Marqeta Inc.
Marqeta Inc. - Overview
Marqeta Inc. - Product / Service
Marqeta Inc. - Key offerings
SWOT
14.14 Mastercard Inc.
Mastercard Inc. - Overview
Mastercard Inc. - Product / Service
Mastercard Inc. - Key news
Mastercard Inc. - Key offerings
SWOT
14.15 Paysafe Ltd.
Paysafe Ltd. - Overview
Paysafe Ltd. - Business segments
Paysafe Ltd. - Key offerings
Paysafe Ltd. - Segment focus
SWOT
14.16 Stripe Inc.
Stripe Inc. - Overview
Stripe Inc. - Product / Service
Stripe Inc. - Key offerings
SWOT
14.17 WEX Inc.
WEX Inc. - Overview
WEX Inc. - Business segments
WEX Inc. - Key news
WEX Inc. - Key offerings
WEX Inc. - Segment focus
SWOT
14.18 Wise Payments Ltd.
Wise Payments Ltd. - Overview
Wise Payments Ltd. - Business segments
Wise Payments Ltd. - Key offerings
Wise Payments Ltd. - Segment focus
SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
Research methodology
15.5 Data procurement
Information sources
15.6 Data validation
Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 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 Global 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 Service
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: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 11: Overview on criticality of inputs and factors of differentiation
Exhibits 12: Overview on factors of disruption
Exhibits 13: Impact of drivers and challenges in 2024 and 2029
Exhibits 14: Parent Market
Exhibits 15: Data Table on - Parent Market
Exhibits 16: Market characteristics analysis
Exhibits 17: Value chain analysis
Exhibits 18: Offerings of companies included in the market definition
Exhibits 19: Market segments
Exhibits 20: Chart on Global - Market size and forecast 2024-2029 ($ billion)
Exhibits 21: Data Table on Global - Market size and forecast 2024-2029 ($ billion)
Exhibits 22: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 23: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 24: Historic Market Size - Data Table on Global Virtual Cards Market 2019 - 2023 ($ billion)
Exhibits 25: Historic Market Size - Product Segment 2019 - 2023 ($ billion)
Exhibits 26: Historic Market Size - Service Segment 2019 - 2023 ($ billion)
Exhibits 27: Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
Exhibits 28: Historic Market Size - Country Segment 2019 - 2023 ($ billion)
Exhibits 29: Five forces analysis - Comparison between 2024 and 2029
Exhibits 30: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 31: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 32: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 33: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 34: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 35: Chart on Market condition - Five forces 2024 and 2029
Exhibits 36: Chart on Product - Market share 2024-2029 (%)
Exhibits 37: Data Table on Product - Market share 2024-2029 (%)
Exhibits 38: Chart on Comparison by Product
Exhibits 39: Data Table on Comparison by Product
Exhibits 40: Chart on B2B virtual cards - Market size and forecast 2024-2029 ($ billion)
Exhibits 41: Data Table on B2B virtual cards - Market size and forecast 2024-2029 ($ billion)
Exhibits 42: Chart on B2B virtual cards - Year-over-year growth 2024-2029 (%)
Exhibits 43: Data Table on B2B virtual cards - Year-over-year growth 2024-2029 (%)
Exhibits 44: Chart on B2C remote payment virtual cards - Market size and forecast 2024-2029 ($ billion)
Exhibits 45: Data Table on B2C remote payment virtual cards - Market size and forecast 2024-2029 ($ billion)
Exhibits 46: Chart on B2C remote payment virtual cards - Year-over-year growth 2024-2029 (%)
Exhibits 47: Data Table on B2C remote payment virtual cards - Year-over-year growth 2024-2029 (%)
Exhibits 48: Chart on B2C POS virtual cards - Market size and forecast 2024-2029 ($ billion)
Exhibits 49: Data Table on B2C POS virtual cards - Market size and forecast 2024-2029 ($ billion)
Exhibits 50: Chart on B2C POS virtual cards - Year-over-year growth 2024-2029 (%)
Exhibits 51: Data Table on B2C POS virtual cards - Year-over-year growth 2024-2029 (%)
Exhibits 52: Market opportunity by Product ($ billion)
Exhibits 53: Data Table on Market opportunity by Product ($ billion)
Exhibits 54: Chart on Service - Market share 2024-2029 (%)
Exhibits 55: Data Table on Service - Market share 2024-2029 (%)
Exhibits 56: Chart on Comparison by Service
Exhibits 57: Data Table on Comparison by Service
Exhibits 58: Chart on Business use - Market size and forecast 2024-2029 ($ billion)
Exhibits 59: Data Table on Business use - Market size and forecast 2024-2029 ($ billion)
Exhibits 60: Chart on Business use - Year-over-year growth 2024-2029 (%)
Exhibits 61: Data Table on Business use - Year-over-year growth 2024-2029 (%)
Exhibits 62: Chart on Consumer use - Market size and forecast 2024-2029 ($ billion)
Exhibits 63: Data Table on Consumer use - Market size and forecast 2024-2029 ($ billion)
Exhibits 64: Chart on Consumer use - Year-over-year growth 2024-2029 (%)
Exhibits 65: Data Table on Consumer use - Year-over-year growth 2024-2029 (%)
Exhibits 66: Market opportunity by Service ($ billion)
Exhibits 67: Data Table on Market opportunity by Service ($ billion)
Exhibits 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 69: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 70: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 71: Chart on Geographic comparison
Exhibits 72: Data Table on Geographic comparison
Exhibits 73: Chart on North America - Market size and forecast 2024-2029 ($ billion)
Exhibits 74: Data Table on North America - Market size and forecast 2024-2029 ($ billion)
Exhibits 75: Chart on North America - Year-over-year growth 2024-2029 (%)
Exhibits 76: Data Table on North America - Year-over-year growth 2024-2029 (%)
Exhibits 77: Chart on Europe - Market size and forecast 2024-2029 ($ billion)
Exhibits 78: Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
Exhibits 79: Chart on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 80: Data Table on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 81: Chart on APAC - Market size and forecast 2024-2029 ($ billion)
Exhibits 82: Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
Exhibits 83: Chart on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 84: Data Table on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 85: Chart on South America - Market size and forecast 2024-2029 ($ billion)
Exhibits 86: Data Table on South America - Market size and forecast 2024-2029 ($ billion)
Exhibits 87: Chart on South America - Year-over-year growth 2024-2029 (%)
Exhibits 88: Data Table on South America - Year-over-year growth 2024-2029 (%)
Exhibits 89: Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Exhibits 90: Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Exhibits 91: Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 92: Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 93: Chart on US - Market size and forecast 2024-2029 ($ billion)
Exhibits 94: Data Table on US - Market size and forecast 2024-2029 ($ billion)
Exhibits 95: Chart on US - Year-over-year growth 2024-2029 (%)
Exhibits 96: Data Table on US - Year-over-year growth 2024-2029 (%)
Exhibits 97: Chart on China - Market size and forecast 2024-2029 ($ billion)
Exhibits 98: Data Table on China - Market size and forecast 2024-2029 ($ billion)
Exhibits 99: Chart on China - Year-over-year growth 2024-2029 (%)
Exhibits 100: Data Table on China - Year-over-year growth 2024-2029 (%)
Exhibits 101: Chart on Germany - Market size and forecast 2024-2029 ($ billion)
Exhibits 102: Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
Exhibits 103: Chart on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 104: Data Table on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 105: Chart on Canada - Market size and forecast 2024-2029 ($ billion)
Exhibits 106: Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
Exhibits 107: Chart on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 108: Data Table on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 109: Chart on Japan - Market size and forecast 2024-2029 ($ billion)
Exhibits 110: Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
Exhibits 111: Chart on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 112: Data Table on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 113: Chart on India - Market size and forecast 2024-2029 ($ billion)
Exhibits 114: Data Table on India - Market size and forecast 2024-2029 ($ billion)
Exhibits 115: Chart on India - Year-over-year growth 2024-2029 (%)
Exhibits 116: Data Table on India - Year-over-year growth 2024-2029 (%)
Exhibits 117: Chart on South Korea - Market size and forecast 2024-2029 ($ billion)
Exhibits 118: Data Table on South Korea - Market size and forecast 2024-2029 ($ billion)
Exhibits 119: Chart on South Korea - Year-over-year growth 2024-2029 (%)
Exhibits 120: Data Table on South Korea - Year-over-year growth 2024-2029 (%)
Exhibits 121: Chart on UK - Market size and forecast 2024-2029 ($ billion)
Exhibits 122: Data Table on UK - Market size and forecast 2024-2029 ($ billion)
Exhibits 123: Chart on UK - Year-over-year growth 2024-2029 (%)
Exhibits 124: Data Table on UK - Year-over-year growth 2024-2029 (%)
Exhibits 125: Chart on France - Market size and forecast 2024-2029 ($ billion)
Exhibits 126: Data Table on France - Market size and forecast 2024-2029 ($ billion)
Exhibits 127: Chart on France - Year-over-year growth 2024-2029 (%)
Exhibits 128: Data Table on France - Year-over-year growth 2024-2029 (%)
Exhibits 129: Chart on Brazil - Market size and forecast 2024-2029 ($ billion)
Exhibits 130: Data Table on Brazil - Market size and forecast 2024-2029 ($ billion)
Exhibits 131: Chart on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 132: Data Table on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 133: Market opportunity By Geographical Landscape ($ billion)
Exhibits 134: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 135: Impact of drivers and challenges in 2024 and 2029
Exhibits 136: Overview on criticality of inputs and factors of differentiation
Exhibits 137: Overview on factors of disruption
Exhibits 138: Impact of key risks on business
Exhibits 139: Companies covered
Exhibits 140: Company ranking index
Exhibits 141: Matrix on companies position and classification
Exhibits 142: Adyen NV - Overview
Exhibits 143: Adyen NV - Product / Service
Exhibits 144: Adyen NV - Key offerings
Exhibits 145: SWOT
Exhibits 146: American Express Co. - Overview
Exhibits 147: American Express Co. - Business segments
Exhibits 148: American Express Co. - Key offerings
Exhibits 149: American Express Co. - Segment focus
Exhibits 150: SWOT
Exhibits 151: BTRS Holdings Inc. - Overview
Exhibits 152: BTRS Holdings Inc. - Product / Service
Exhibits 153: BTRS Holdings Inc. - Key offerings
Exhibits 154: SWOT
Exhibits 155: Caxton FX Ltd. - Overview
Exhibits 156: Caxton FX Ltd. - Product / Service
Exhibits 157: Caxton FX Ltd. - Key offerings
Exhibits 158: SWOT
Exhibits 159: Citigroup Inc. - Overview
Exhibits 160: Citigroup Inc. - Business segments
Exhibits 161: Citigroup Inc. - Key news
Exhibits 162: Citigroup Inc. - Key offerings
Exhibits 163: Citigroup Inc. - Segment focus
Exhibits 164: SWOT
Exhibits 165: Edenred SE - Overview
Exhibits 166: Edenred SE - Business segments
Exhibits 167: Edenred SE - Key news
Exhibits 168: Edenred SE - Key offerings
Exhibits 169: Edenred SE - Segment focus
Exhibits 170: SWOT
Exhibits 171: Green Dot Corp. - Overview
Exhibits 172: Green Dot Corp. - Business segments
Exhibits 173: Green Dot Corp. - Key offerings
Exhibits 174: Green Dot Corp. - Segment focus
Exhibits 175: SWOT
Exhibits 176: HSBC Holdings Plc - Overview
Exhibits 177: HSBC Holdings Plc - Business segments
Exhibits 178: HSBC Holdings Plc - Key news
Exhibits 179: HSBC Holdings Plc - Key offerings
Exhibits 180: HSBC Holdings Plc - Segment focus
Exhibits 181: SWOT
Exhibits 182: JPMorgan Chase and Co. - Overview
Exhibits 183: JPMorgan Chase and Co. - Business segments
Exhibits 184: JPMorgan Chase and Co. - Key offerings
Exhibits 185: JPMorgan Chase and Co. - Segment focus
Exhibits 186: SWOT
Exhibits 187: Marqeta Inc. - Overview
Exhibits 188: Marqeta Inc. - Product / Service
Exhibits 189: Marqeta Inc. - Key offerings
Exhibits 190: SWOT
Exhibits 191: Mastercard Inc. - Overview
Exhibits 192: Mastercard Inc. - Product / Service
Exhibits 193: Mastercard Inc. - Key news
Exhibits 194: Mastercard Inc. - Key offerings
Exhibits 195: SWOT
Exhibits 196: Paysafe Ltd. - Overview
Exhibits 197: Paysafe Ltd. - Business segments
Exhibits 198: Paysafe Ltd. - Key offerings
Exhibits 199: Paysafe Ltd. - Segment focus
Exhibits 200: SWOT
Exhibits 201: Stripe Inc. - Overview
Exhibits 202: Stripe Inc. - Product / Service
Exhibits 203: Stripe Inc. - Key offerings
Exhibits 204: SWOT
Exhibits 205: WEX Inc. - Overview
Exhibits 206: WEX Inc. - Business segments
Exhibits 207: WEX Inc. - Key news
Exhibits 208: WEX Inc. - Key offerings
Exhibits 209: WEX Inc. - Segment focus
Exhibits 210: SWOT
Exhibits 211: Wise Payments Ltd. - Overview
Exhibits 212: Wise Payments Ltd. - Business segments
Exhibits 213: Wise Payments Ltd. - Key offerings
Exhibits 214: Wise Payments Ltd. - Segment focus
Exhibits 215: SWOT
Exhibits 216: Inclusions checklist
Exhibits 217: Exclusions checklist
Exhibits 218: Currency conversion rates for US$
Exhibits 219: Research methodology
Exhibits 220: Information sources
Exhibits 221: Data validation
Exhibits 222: Validation techniques employed for market sizing
Exhibits 223: Data synthesis
Exhibits 224: 360 degree market analysis
Exhibits 225: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global virtual cards market: Adyen NV, American Express Co., BTRS Holdings Inc., Caxton FX Ltd., Citigroup Inc., Edenred SE, Green Dot Corp., HSBC Holdings Plc, JPMorgan Chase and Co., Marqeta Inc., Mastercard Inc., Paysafe Ltd., Stripe Inc., Travelex International Ltd., U.S. Bancorp, Visa Inc., Walmart Inc., Western Union Holdings Inc., WEX Inc., and Wise Payments Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of nfc-based payment technology."

According to the report, one of the major drivers for this market is the focus on high customer satisfaction.

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:

  • Adyen NV
  • American Express Co.
  • BTRS Holdings Inc.
  • Caxton FX Ltd.
  • Citigroup Inc.
  • Edenred SE
  • Green Dot Corp.
  • HSBC Holdings Plc
  • JPMorgan Chase and Co.
  • Marqeta Inc.
  • Mastercard Inc.
  • Paysafe Ltd.
  • Stripe Inc.
  • Travelex International Ltd.
  • U.S. Bancorp
  • Visa Inc.
  • Walmart Inc.
  • Western Union Holdings Inc.
  • WEX Inc.
  • Wise Payments Ltd.