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Debit Cards in Colombia

  • October 2016
  • -
  • Euromonitor International
  • -
  • 24 pages

Summary

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Colombia still has a preference for the use of cash instead of debit cards in transactions due to factors such as the costs that banks charge users for their use, the collection of taxes on transactions performed, the low access to banking services that persist among the population and, in addition to this, the commission that banks charge to businesses which provide POS terminals for their transactions, which on average is 5% of a sale.

Euromonitor International’s Debit 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.

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* Get a detailed picture of the Debit Transactions market;
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ref:plp2016

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