Cover Image
Market Research Report
Product code 
1037440

Financial Cards and Payments in Israel

Published: | Euromonitor International | 54 Pages | Delivery time: 1-2 business days

Price

Back to Top
Financial Cards and Payments in Israel
Published: November 8, 2021
Euromonitor International
Content info: 54 Pages
Delivery time: 1-2 business days
  • ALL
  • Description
  • Table of Contents
Description

Financial cards and payments had experienced a weak performance in terms of demand for financial cards during 2020, with the exception of debit cards as the latter benefited from consumers wanting to gain better control of their finances, while attempting to avoid accruing further debt during an unstable period. This was in addition to a greater move away from handling cash due to concerns over exposure to the virus, while contactless smart cards and mobile m-commerce recorded dynamic growth; wh...

Euromonitor International's Financial Cards and Payments in Israel 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: Financial Cards in Circulation, M-Commerce, Transactions.

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

Why buy this report?

  • Get a detailed picture of the Financial Cards and Payments 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.
Table of Contents
Product Code: FCIS

TABLE OF CONTENTS

List Of Contents And Tables

EXECUTIVE SUMMARY

  • Financial cards and payments in 2021: The big picture
  • 2021 key trends
  • Personal credit card transaction value to notably increase due to rising prices
  • Apple Pay's arrival to shake up competition within e-wallets
  • Leading local issuer embraces digital solutions in line with increasing consumer demand
  • What next for financial cards and payments?

MARKET INDICATORS

  • Table 1 Number of POS Terminals: Units 2016-2021
  • Table 2 Number of ATMs: Units 2016-2021
  • Table 3 Value Lost to Fraud 2016-2021
  • Table 4 Card Expenditure by Location 2021
  • Table 5 Financial Cards in Circulation by Type: % Number of Cards 2016-2021
  • Table 6 Domestic versus Foreign Spend 2021

MARKET DATA

  • Table 7 Financial Cards by Category: Number of Cards in Circulation 2016-2021
  • Table 8 Financial Cards by Category: Number of Accounts 2016-2021
  • Table 9 Financial Cards Transactions by Category: Value 2016-2021
  • Table 10 Financial Cards by Category: Number of Transactions 2016-2021
  • Table 11 Consumer Payments by Category: Value 2016-2021
  • Table 12 Consumer Payments by Category: Number of Transactions 2016-2021
  • Table 13 M-Commerce by Category: Value 2016-2021
  • Table 14 M-Commerce by Category: % Value Growth 2016-2021
  • Table 15 Financial Cards: Number of Cards by Issuer 2016-2020
  • Table 16 Financial Cards: Number of Cards by Operator 2016-2020
  • Table 17 Financial Cards: Card Payment Transactions Value by Operator 2016-2020
  • Table 18 Financial Cards: Card Payment Transactions Value by Issuer 2016-2020
  • Table 19 Forecast Financial Cards by Category: Number of Cards in Circulation 2021-2026
  • Table 20 Forecast Financial Cards by Category: Number of Accounts 2021-2026
  • Table 21 Forecast Financial Cards Transactions by Category: Value 2021-2026
  • Table 22 Forecast Financial Cards by Category: Number of Transactions 2021-2026
  • Table 23 Forecast Consumer Payments by Category: Value 2021-2026
  • Table 24 Forecast Consumer Payments by Category: Number of Transactions 2021-2026
  • Table 25 Forecast M-Commerce by Category: Value 2021-2026
  • Table 26 Forecast M-Commerce by Category: % Value Growth 2021-2026

DISCLAIMER

SOURCES

    • Summary 1 Research Sources

DEBIT CARDS IN ISRAEL

KEY DATA FINDINGS

2021 DEVELOPMENTS

  • Further dynamic growth for debit cards, albeit from a low base
  • Limiting factors behind debit cards' small size in Israel
  • Online purchases support further uptake of debit cards

PROSPECTS AND OPPORTUNITIES

  • Debit cards to remain small category despite further uptake over forecast period
  • Innovation will remain crucial to further development of debit cards
  • Obstacles to greater penetration of debit cards in Israel

CATEGORY DATA

  • Table 27 Debit Cards: Number of Cards in Circulation 2016-2021
  • Table 28 Debit Cards Transactions 2016-2021
  • Table 29 Debit Cards in Circulation: % Growth 2016-2021
  • Table 30 Debit Cards Transactions: % Growth 2016-2021
  • Table 31 Debit Cards: Number of Cards by Issuer 2016-2020
  • Table 32 Debit Cards: Number of Cards by Operator 2016-2020
  • Table 33 Debit Cards Payment Transaction Value by Issuer 2016-2020
  • Table 34 Debit Cards Payment Transaction Value by Operator 2016-2020
  • Table 35 Forecast Debit Cards: Number of Cards in Circulation 2021-2026
  • Table 36 Forecast Debit Cards Transactions 2021-2026
  • Table 37 Forecast Debit Cards in Circulation: % Growth 2021-2026
  • Table 38 Forecast Debit Cards Transactions: % Growth 2021-2026

CREDIT CARDS IN ISRAEL

KEY DATA FINDINGS

2021 DEVELOPMENTS

  • Improving growth for credit cards in 2021 as consumers turn to making smaller transactions for daily purchases
  • Credit cards in circulation remains highest within financial cards
  • Max launches new digital credit card with Visa in line with growing popularity of digital payments

PROSPECTS AND OPPORTUNITIES

  • Consumers continue to rely on credit cards to support liquidity early in forecast period
  • Mobile wallets and charge cards to offer further competition
  • Innovation and expansion to open up other financial payment options to consumers

CATEGORY DATA

  • Table 39 Credit Cards: Number of Cards in Circulation 2016-2021
  • Table 40 Credit Cards Transactions 2016-2021
  • Table 41 Credit Cards in Circulation: % Growth 2016-2021
  • Table 42 Credit Cards Transactions: % Growth 2016-2021
  • Table 43 Commercial Credit Cards: Number of Cards in Circulation 2016-2021
  • Table 44 Commercial Credit Cards Transactions 2016-2021
  • Table 45 Commercial Credit Cards in Circulation: % Growth 2016-2021
  • Table 46 Commercial Credit Cards Transactions: % Growth 2016-2021
  • Table 47 Personal Credit Cards: Number of Cards in Circulation 2016-2021
  • Table 48 Personal Credit Cards Transactions 2016-2021
  • Table 49 Personal Credit Cards in Circulation: % Growth 2016-2021
  • Table 50 Personal Credit Cards Transactions: % Growth 2016-2021
  • Table 51 Credit Cards: Number of Cards by Issuer 2016-2020
  • Table 52 Credit Cards: Number of Cards by Operator 2016-2020
  • Table 53 Credit Cards Payment Transaction Value by Issuer 2016-2020
  • Table 54 Credit Cards Payment Transaction Value by Operator 2016-2020
  • Table 55 Commercial Credit Cards: Number of Cards by Issuer 2016-2020
  • Table 56 Commercial Credit Cards: Number of Cards by Operator 2016-2020
  • Table 57 Commercial Credit Cards Payment Transaction Value by Issuer 2016-2020
  • Table 58 Commercial Credit Cards Payment Transaction Value by Operator 2016-2020
  • Table 59 Personal Credit Cards: Number of Cards by Issuer 2016-2020
  • Table 60 Personal Credit Cards: Number of Cards by Operator 2016-2020
  • Table 61 Personal Credit Cards Payment Transaction Value by Issuer 2016-2020
  • Table 62 Personal Credit Cards Payment Transaction Value by Operator 2016-2020
  • Table 63 Forecast Credit Cards: Number of Cards in Circulation 2021-2026
  • Table 64 Forecast Credit Cards Transactions 2021-2026
  • Table 65 Forecast Credit Cards in Circulation: % Growth 2021-2026
  • Table 66 Forecast Credit Cards Transactions: % Growth 2021-2026
  • Table 67 Forecast Commercial Credit Cards: Number of Cards in Circulation 2021-2026
  • Table 68 Forecast Commercial Credit Cards Transactions 2021-2026
  • Table 69 Forecast Commercial Credit Cards in Circulation: % Growth 2021-2026
  • Table 70 Forecast Commercial Credit Cards Transactions: % Growth 2021-2026
  • Table 71 Forecast Personal Credit Cards: Number of Cards in Circulation 2021-2026
  • Table 72 Forecast Personal Credit Cards Transactions 2021-2026
  • Table 73 Forecast Personal Credit Cards in Circulation: % Growth 2021-2026
  • Table 74 Forecast Personal Credit Cards Transactions: % Growth 2021-2026

CHARGE CARDS IN ISRAEL

KEY DATA FINDINGS

2021 DEVELOPMENTS

  • Full recovery likely for charge card transaction value in 2021 as Israel's economy continues to reopen
  • Despite loss of share for card holder not present, online payments made using charge cards remains higher than pre-pandemic levels in 2021
  • Commercial charge cards to struggle to fully recover until 2022/2023

PROSPECTS AND OPPORTUNITIES

  • Positive outlook for charge cards over forecast period
  • Further development of EMV to open up opportunities for charge cards
  • Charge cards to further embrace digital wallets

CATEGORY DATA

  • Table 103 Charge Cards: Number of Cards in Circulation 2016-2021
  • Table 104 Charge Cards Transactions 2016-2021
  • Table 105 Charge Cards in Circulation: % Growth 2016-2021
  • Table 106 Charge Cards Transactions: % Growth 2016-2021
  • Table 107 Commercial Charge Cards: Number of Cards in Circulation 2016-2021
  • Table 108 Commercial Charge Cards Transactions 2016-2021
  • Table 109 Commercial Charge Cards in Circulation: % Growth 2016-2021
  • Table 110 Commercial Charge Cards Transactions: % Growth 2016-2021
  • Table 111 Personal Charge Cards: Number of Cards in Circulation 2016-2021
  • Table 112 Personal Charge Cards Transactions 2016-2021
  • Table 113 Personal Charge Cards in Circulation: % Growth 2016-2021
  • Table 114 Personal Charge Cards Transactions: % Growth 2016-2021
  • Table 115 Charge Cards: Number of Cards by Issuer 2016-2020
  • Table 116 Charge Cards: Number of Cards by Operator 2016-2020
  • Table 117 Charge Cards Payment Transaction Value by Issuer 2016-2020
  • Table 118 Charge Cards Payment Transaction Value by Operator 2016-2020
  • Table 119 Commercial Charge Cards: Number of Cards by Issuer 2016-2020
  • Table 120 Commercial Charge Cards: Number of Cards by Operator 2016-2020
  • Table 121 Commercial Charge Cards Payment Transaction Value by Issuer 2016-2020
  • Table 122 Commercial Charge Cards Payment Transaction Value by Operator 2016-2020
  • Table 123 Personal Charge Cards: Number of Cards by Issuer 2016-2020
  • Table 124 Personal Charge Cards: Number of Cards by Operator 2016-2020
  • Table 125 Personal Charge Cards Transaction Value by Issuer 2016-2020
  • Table 126 Personal Charge Cards Transaction Value by Operator 2016-2020
  • Table 127 Forecast Charge Cards: Number of Cards in Circulation 2021-2026
  • Table 128 Forecast Charge Cards Transactions 2021-2026
  • Table 129 Forecast Charge Cards in Circulation: % Growth 2021-2026
  • Table 130 Forecast Charge Cards Transactions: % Growth 2021-2026
  • Table 131 Forecast Commercial Charge Cards: Number of Cards in Circulation 2021-2026
  • Table 132 Forecast Commercial Charge Cards Transactions 2021-2026
  • Table 133 Forecast Commercial Charge Cards in Circulation: % Growth 2021-2026
  • Table 134 Forecast Commercial Charge Cards Transactions: % Growth 2021-2026
  • Table 135 Forecast Personal Charge Cards: Number of Cards in Circulation 2021-2026
  • Table 136 Forecast Personal Charge Cards Transactions 2021-2026
  • Table 137 Forecast Personal Charge Cards in Circulation: % Growth 2021-2026
  • Table 138 Forecast Personal Charge Cards Transactions: % Growth 2021-2026

PRE-PAID CARDS IN ISRAEL

KEY DATA FINDINGS

2021 DEVELOPMENTS

  • Number of transportation cards in circulation remain below pre-pandemic levels in 2021 due to flexible working arrangements
  • Open loop pre-paid cards remains more dynamic performer
  • Remote working reduces ensures ongoing weak demand for employee benefit cards

PROSPECTS AND OPPORTUNITIES

  • Open loop pre-paid cards to drive early strong performance for category
  • Closed loop pre-paid cards relying on transportation cards for growth over forecast period
  • Digital solutions could offer further competition to employee benefit cards

CATEGORY DATA

  • Table 75 Pre-paid Cards: Number of Cards in Circulation 2016-2021
  • Table 76 Pre-paid Cards Transactions 2016-2021
  • Table 77 Pre-paid Cards in Circulation: % Growth 2016-2021
  • Table 78 Pre-paid Cards Transactions: % Growth 2016-2021
  • Table 79 Closed Loop Pre-paid Cards Transactions 2016-2021
  • Table 80 Closed Loop Pre-paid Cards Transactions: % Growth 2016-2021
  • Table 81 Open Loop Pre-paid Cards Transactions 2016-2021
  • Table 82 Open Loop Pre-paid Cards Transactions: % Growth 2016-2021
  • Table 83 Pre-paid Cards: Number of Cards by Issuer 2016-2020
  • Table 84 Pre-paid Cards: Number of Cards by Operator 2016-2020
  • Table 85 Pre-paid Cards Transaction Value by Issuer 2016-2020
  • Table 86 Pre-paid Cards Transaction Value by Operator 2016-2020
  • Table 87 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2016-2020
  • Table 88 Closed Loop Pre-paid Cards: Number of Cards by Operator 2016-2020
  • Table 89 Closed Loop Pre-paid Cards Transaction Value by Issuer 2016-2020
  • Table 90 Closed Loop Pre-paid Cards Transaction Value by Operator 2016-2020
  • Table 91 Open Loop Pre-paid Cards: Number of Cards by Issuer 2016-2020
  • Table 92 Open Loop Pre-paid Cards: Number of Cards by Operator 2016-2020
  • Table 93 Open Loop Pre-paid Cards Transaction Value by Issuer 2016-2020
  • Table 94 Open Loop Pre-paid Cards Transaction Value by Operator 2016-2020
  • Table 95 Forecast Pre-paid Cards: Number of Cards in Circulation 2021-2026
  • Table 96 Forecast Pre-paid Cards Transactions 2021-2026
  • Table 97 Forecast Pre-paid Cards in Circulation: % Growth 2021-2026
  • Table 98 Forecast Pre-paid Cards Transactions: % Growth 2021-2026
  • Table 99 Forecast Closed Loop Pre-paid Cards Transactions 2021-2026
  • Table 100 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2021-2026
  • Table 101 Forecast Open Loop Pre-paid Cards Transactions 2021-2026
  • Table 102 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2021-2026

STORE CARDS IN ISRAEL

2021 DEVELOPMENTS

  • Store cards do not exist in Israel and are unlikely to emerge in the near future