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Credit Cards in South Africa

  • October 2016
  • -
  • Euromonitor International
  • -
  • 22 pages

Summary

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Despite the escalating cost of debt and tightening lending policies following the implementation of the newly amended National Credit Amendment Act (2014), South African consumers continue to take on more debt. High household debt levels saw financial institutions becoming more cautious when granting new loans to consumers. Consequently, consumers are turning to credit cards as an easier way to address financial issues. As a result, credit card transactions increased by 10% in 2016 to reach ZAR2...

Euromonitor International’s Credit Card Transactions in South Africa 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: Commercial Credit Card Transactions, Personal Credit Card Transactions.

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

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* Get a detailed picture of the Credit 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.

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