Sweden Debit Cards: Market Update by Timetric

VIEWS: 0 PAGES: 26

More Info
									Sweden Debit Cards: Market Update

Monthly Intelligence - February 2014



Published Date: February 2014




Head Office
info@payments-ic.com
Payments Intelligence Center
John Carpenter House
John Carpenter Street
London
EC4Y 0AN




www.payments-ic.com
Page 1 of 25
Pay Now Cards – Highlights                                           Number of Cards by Type
In terms of volume, card issuance increased to 10.6 million cards
in 2012, at a CAGR of 3.38%. Over the forecast period, the
industry is expected to register a CAGR of 2.81% to reach 12.3
million cards by the end of 2017. In value terms, the debit cards
category grew to SEK649.0 billion (US$95.9 billion) in 2012, at a
CAGR of 2.14%, and is anticipated to grow at a CAGR of 3.01%
over the forecast period. In terms of transaction volume, the
Swedish debit cards category grew from 1.3 billion transactions
in 2008 to 1.7 billion in 2012, at a CAGR of 5.19%. The increasing
volume of ATMs and POS terminals in the country resulted in
growth of debit card transaction volumes. Transaction volumes
are expected to grow at a CAGR of 2.75% to reach 1.9 billion by
the end of 2017.




Average Transaction Valu
								
To top