Global Credit Card Payment Market Research Report 2022-2027
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Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group
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Report Description
International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
Report Description and Highlights Report Description Global Credit Card Payment Market Outlook 2022-2027: The latest report by IMARC Group, titled “Credit Card Payment Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” finds that the global credit card payment market size reached US$ 477.63 Billion in 2021. A credit card is a payment tool issued by financial institutions with a pre-set credit limit that allows cardholders to make purchases without using cash at the point of sale. It helps increase the purchasing power of individuals by allowing individuals to pay the charges accrued as a balance on a monthly billing cycle. It also creates a credit score for loans and mortgages, provides cashback, miles points and zero foreign transaction fees, and offers protection against fraudulent activities. As a result, there has been a significant increase in the number of credit card payments across the globe. Request for a PDF sample of this report: https://www.imarcgroup.com/credit-card-payment-market/requestsample
Report Description and Highlights
Report Description
Global Credit Card Payment Market Drivers/Constraints: The market is primarily driven by the escalating demand for cash alternatives for making payments. In addition, the widespread availability of affordable credit cards represents another major growthinducing factor. Besides this, individuals use credit cards to purchase laptops, televisions (TV), smartphones, travel packages, and jewelry. This, coupled with various advancements in blockchain technology that offer higher security, is positively influencing the market growth. Moreover, the growing popularity of special credit cards offered by enterprises to their employees for keeping records of travel, food, accommodation, and inventory is creating a positive market outlook across the globe. Furthermore, the increasing research and development (R&D) activities to offer enhanced digital prepaid card services have encouraged individuals to opt for credit card payments. Furthermore, rapid urbanization in developing economies and the rising product adoption in food, grocery, healthcare, hospitality, electronics, media and entertainment, travel, and tourism industries are some of the other factors augmenting the market growth. View Report TOC, Figures and Tables: https://www.imarcgroup.com/credit-card-payment-market
Report Description and Highlights
Report Description Key Market Segmentation
The research report includes the following segments:
Breakup by Card Type: • •
General Purpose Credit Cards Specialty Credit Cards
Breakup by Provider: • •
Visa Mastercard
Looking forward, IMARC Group expects the market to reach a value of US$ 762.16 Billion by 2027, exhibiting a CAGR of 7.80% during 2022-2027.
Report Description and Highlights
Report Description Breakup by Application: • • • • • •
Food and Groceries Health and Pharmacy Restaurants and Bars Consumer Electronics Media and Entertainment Travel and Tourism
Breakup by Region: • • • • •
North America Asia Pacific Europe Latin America Middle East and Africa
Report Description and Highlights
Report Description Competitive Landscape: • • • • • • • • • • •
American Express Company Bank of America Corporation Barclays PLC Capital One Financial Corporation (Signet Financial Corporation) Citigroup Inc JPMorgan Chase & Co Mastercard Inc Synchrony bank The PNC Financial Services Group Inc United Services Automobile Association Visa Inc
Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click here: https://www.imarcgroup.com/credit-card-payment-market/requestsample
Key Questions Answered in the Report
Report Description
1. What has been the historical growth rate of the global Credit Card Payment Market? 2. What has been the impact of COVID-19 on the global Credit Card Payment Market? 3. What are the key factors driving the global Credit Card Payment Market? 4. What is the breakup of the global Credit Card Payment Market based on the type? 5. What is the breakup of the global Credit Card Payment Market based on the application? 6. What is the breakup of the global Credit Card Payment Market based on the distribution channel? 7. What are the key regions in the global Credit Card Payment Market? 8. Who are the key players/companies in the global Credit Card Payment Market?
Report Description 1
Preface
2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology
3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends
Table of Contents
Report Description 5
Table of Contents
Global Credit Card Payment Market Industry 5.1 5.2 5.3 5.4 5.5 5.6 5.7
Market Overview Market Performance Impact of COVID-19 Market Breakup by Card Type Market Breakup by Provider Market Breakup by Application Market Breakup by Region
Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/credit-card-payment-market/toc
A partial List of
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Clients world's leading corporates, governments, and ourPartial ClientsList of institutions
A partial List of
We are the trusted business partners to the
of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions
Report Description and Highlights
Report Description
© 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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