Financial Cards Market 2022 to 2025 represents Featuring American Express, BTRS Holdings and Wise Payments Among Others

Major players in the financial card market are Visa, Mastercard, American Express, JCB (Japan), China UnionPay, Diners Club International (DCI), RuPay, Interac, Joint Stock Company National System of Payment Cards (NSPK), Girocard, Elo, BC Card

Luton, Bedfordshire, United Kingdom, Sept. 26, 2022 (GLOBE NEWSWIRE) — Exactitude Consultancy, the market research and advisory arm of Ameliorate Digital Consultancy Private Limited, has completed and published the final copy of the detailed financial card market research report.

The global financial card market is expected to grow at more than 6.2% CAGR from 2017 to 2025. By 2025, it is expected to reach over 38 billion units.

E-commerce offerings from online retailers are attracting consumers with improved accessibility and availability. Factors such as security and privacy are driving the growth of the market. The Global Financial Cards and Payments Market Report provides an overall assessment of the market. The report provides a comprehensive analysis of the key segments, trends, drivers, restraints, the competitive landscape and factors playing key roles in the market.

Smart card technology uses IC (Integrated Circuit) chips that can process financial transactions more efficiently than magnetic stripe cards. Proximity cards are contactless integrated circuit devices that use radio frequency identification (RFID) technology and are powered by resonant energy transfer. A new technology has introduced the proximity card, a contactless integrated circuit that uses radio frequency identification (RFID) technology. Proximity cards are gaining popularity in personal payment systems and public transport payments and are expected to open new avenues in the market over the forecast period. Market players are collaborating with bank merchants and card association network providers to expand the global market.

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mergers and acquisitions

  • In October 2019, IDEMIA acquired X Core Technologies’ Metal Payment Card business and is developing the Smart Metal Art product.

  • In April 2019, Thales completed the acquisition of Gemalto, transforming the company into a global leader in digital identification and security.

Partnerships, collaborations and agreements

  • In February 2020, Bank Austria announced the inclusion of the Israeli startup PayKey’s social banking service in its platform.

  • In June 2019, Zwipe, a Norwegian biometric technology company, partnered with Goldpac, a Chinese provider of secure payment solutions, to develop biometric payment cards.












Value (Billion USD)


Gemalto, Giesecke & Devrient, IDEMIA, CPI card, Tianyu, Goldpac


By product, application and geography

Key Players of Financial Cards Market:

The major players in the global financial cards market are Visa, Mastercard, American Express, JCB (Japan), China UnionPay, Diners Club International (DCI), RuPay, Interac, Joint Stock Company National System of Payment Cards (NSPK), Girocard, Elo, BC Card, Troy, Interswitch, PROSA and other.

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Key Market Segments: Financial Cards Market

Global Financial Cards Market by Type, 2017-2025

  • Debit charge

  • recognition

  • Calculated

  • prepaid

  • ATM

Global Financial Cards Market by Customer Group, 2017-2025

  • retail customers

  • government institutes

  • SMEs

  • company

  • Other

Global Financial Cards Market by Issuance, 2017-2025

Global Financial Cards Market by Card Scheme, 2017-2025

  • Visas

  • MasterCard

  • American Express

  • union pay

  • Other

Global Financial Cards Market by Utilization, 2017-2025

Growth overview

Financial cards and payment systems have become profitable in recent years due to the increasing popularity of e-commerce and mobile phones around the world. Many players in these markets are looking to maximize their profits in emerging markets, particularly countries like Brazil, Russia, India and China (BRIC).

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The presence of various payment methods in the market such as bank transfers, mobile payments and e-wallets is driving the growth of the market. The increasing penetration of e-commerce will serve as a key growth engine for the market and offer new growth prospects for service providers.

Industry Analysis

Credit card companies can offer incentives to cardholders. B. Depending on the type of points redeemed for rewards, e.g. B. Airline tickets or goods or goods purchased with a credit card, we may offer insurance or guarantees. Consumers using credit cards can face several problems. Introductory interest rates are usually low, but once the trial period is over, fees and interest rates can increase significantly. Fees can be higher if payments are late or the credit card holder doesn’t pay. Merchants who accept credit cards have an advantage. Credit card transactions are more secure than other payment methods, such as: check. However, credit card transactions are generally charged a percentage of the transaction amount.

Reasons to buy this report

  • Qualitative and quantitative analysis of the market based on a segmentation that takes into account both economic and non-economic factors

  • Providing market value data (Billion USD) for each segment and sub-segment

  • Indicates the region and segment expected to experience the fastest growth and dominate the market

  • Analysis by geography, highlighting the consumption of the product/service in the region and indicating the factors influencing the market in each region.

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Regional Analysis

UnionPay, also known as China UnionPay, is a Chinese financial services company headquartered in Shanghai, China. Others include international networks like Discover, JCB, and domestic private financial card providers like Rupay and Verve.

Technology and innovation are changing consumer habits and driving growth opportunities in e-commerce, mobile payments, blockchain technology and digital currencies.

Various competitors are working to integrate more financial services into their product offerings, and competitors are attempting to replicate the closed-loop functionality of large companies, such as B. the merchant processing platform Chase Net. New competitors in payments continue to emerge in response to evolving technologies, consumer habits and merchant needs.

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