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PUBLISHER: Euromonitor International | PRODUCT CODE: 1168996

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PUBLISHER: Euromonitor International | PRODUCT CODE: 1168996

Financial Cards and Payments in Peru

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PAGES: 48 Pages
DELIVERY TIME: 1-2 business days
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USD 2100

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Financial cards and payments have been showing significant recovery, despite the fact that the economic situation in Peru has not managed to grow at the expected levels and political uncertainty persists due to government policies that continue to show little clarity and inefficiency. Furthermore, in Peru, due to the ongoing global inflation hikes, the Banco Central de Reserva del Peru has been gradually increasing the reference rate to counteract this inflation - which directly results in the i...

Euromonitor International's Financial Cards and Payments in Peru 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.
Product Code: FCPU

TABLE OF CONTENTS

List Of Contents And Tables

EXECUTIVE SUMMARY

  • Financial cards and payments in 2022: The big picture
  • 2022 key trends
  • "Bancarization" will continue to improve, albeit limited by high informality and low growth in the Peruvian economy
  • Competitive landscape
  • What next for financial cards and payments?

MARKET INDICATORS

  • Table 1 Number of POS Terminals: Units 2017-2022
  • Table 2 Number of ATMs: Units 2017-2022
  • Table 3 Value Lost to Fraud 2017-2022
  • Table 4 Card Expenditure by Location 2022
  • Table 5 Financial Cards in Circulation by Type: % Number of Cards 2017-2022
  • Table 6 Domestic versus Foreign Spend 2022

MARKET DATA

  • Table 7 Financial Cards by Category: Number of Cards in Circulation 2017-2022
  • Table 8 Financial Cards by Category: Number of Accounts 2017-2022
  • Table 9 Financial Cards Transactions by Category: Value 2017-2022
  • Table 10 Financial Cards by Category: Number of Transactions 2017-2022
  • Table 11 Consumer Payments by Category: Value 2017-2022
  • Table 12 Consumer Payments by Category: Number of Transactions 2017-2022
  • Table 13 M-Commerce by Category: Value 2017-2022
  • Table 14 M-Commerce by Category: % Value Growth 2017-2022
  • Table 15 Financial Cards: Number of Cards by Issuer 2017-2021
  • Table 16 Financial Cards: Number of Cards by Operator 2017-2021
  • Table 17 Financial Cards: Card Payment Transactions Value by Operator 2017-2021
  • Table 18 Financial Cards: Card Payment Transactions Value by Issuer 2017-2021
  • Table 19 Forecast Financial Cards by Category: Number of Cards in Circulation 2022-2027
  • Table 20 Forecast Financial Cards by Category: Number of Accounts 2022-2027
  • Table 21 Forecast Financial Cards Transactions by Category: Value 2022-2027
  • Table 22 Forecast Financial Cards by Category: Number of Transactions 2022-2027
  • Table 23 Forecast Consumer Payments by Category: Value 2022-2027
  • Table 24 Forecast Consumer Payments by Category: Number of Transactions 2022-2027
  • Table 25 Forecast M-Commerce by Category: Value 2022-2027
  • Table 26 Forecast M-Commerce by Category: % Value Growth 2022-2027

DISCLAIMER

SOURCES

  • Summary 1 Research Sources

DEBIT CARDS IN PERU

KEY DATA FINDINGS

2022 DEVELOPMENTS

  • Debit card usage continues to grow significantly in 2022
  • Learning and assessment of benefits encourage their use, together with greater penetration in stores
  • High dynamism in financial sector has incorporated more actors in the use of debit cards

PROSPECTS AND OPPORTUNITIES

  • Use of debit cards will continue to grow in coming years, but at a slower pace
  • Significant dynamism is expected from the financial sector, boosting the use of debit cards
  • Higher bank usage will contribute to growth in debit cards - dependant on a better economy and reduction in informality

CATEGORY DATA

  • Table 27 Debit Cards: Number of Cards in Circulation 2017-2022
  • Table 28 Debit Cards Transactions 2017-2022
  • Table 29 Debit Cards in Circulation: % Growth 2017-2022
  • Table 30 Debit Cards Transactions: % Growth 2017-2022
  • Table 31 Debit Cards: Number of Cards by Issuer 2017-2021
  • Table 32 Debit Cards: Number of Cards by Operator 2017-2021
  • Table 33 Debit Cards Payment Transaction Value by Issuer 2017-2021
  • Table 34 Debit Cards Payment Transaction Value by Operator 2017-2021
  • Table 35 Forecast Debit Cards: Number of Cards in Circulation 2022-2027
  • Table 36 Forecast Debit Cards Transactions 2022-2027
  • Table 37 Forecast Debit Cards in Circulation: % Growth 2022-2027
  • Table 38 Forecast Debit Cards Transactions: % Growth 2022-2027

CREDIT CARDS IN PERU

KEY DATA FINDINGS

2022 DEVELOPMENTS

  • Credit card use has been recovering significantly since mid-2021
  • Financial entities show high dynamism in placement of credit cards
  • Lack of payment in credit cards has decreased significantly, recovering pre-pandemic levels

PROSPECTS AND OPPORTUNITIES

  • Credit card use is expected to continue to grow in forecast period
  • Trend to use means of payment other than cash favours the use of credit cards
  • Authorisation could be approved for municipal savings institutions to issue credit cards, increasing competition

CATEGORY DATA

  • Table 39 Credit Cards: Number of Cards in Circulation 2017-2022
  • Table 40 Credit Cards Transactions 2017-2022
  • Table 41 Credit Cards in Circulation: % Growth 2017-2022
  • Table 42 Credit Cards Transactions: % Growth 2017-2022
  • Table 43 Commercial Credit Cards: Number of Cards in Circulation 2017-2022
  • Table 44 Commercial Credit Cards Transactions 2017-2022
  • Table 45 Commercial Credit Cards in Circulation: % Growth 2017-2022
  • Table 46 Commercial Credit Cards Transactions: % Growth 2017-2022
  • Table 47 Personal Credit Cards: Number of Cards in Circulation 2017-2022
  • Table 48 Personal Credit Cards Transactions 2017-2022
  • Table 49 Personal Credit Cards in Circulation: % Growth 2017-2022
  • Table 50 Personal Credit Cards Transactions: % Growth 2017-2022
  • Table 51 Credit Cards: Number of Cards by Issuer 2017-2021
  • Table 52 Credit Cards: Number of Cards by Operator 2017-2021
  • Table 53 Credit Cards Payment Transaction Value by Issuer 2017-2021
  • Table 54 Credit Cards Payment Transaction Value by Operator 2017-2021
  • Table 55 Commercial Credit Cards: Number of Cards by Issuer 2017-2021
  • Table 56 Commercial Credit Cards: Number of Cards by Operator 2017-2021
  • Table 57 Commercial Credit Cards Payment Transaction Value by Issuer 2017-2021
  • Table 58 Commercial Credit Cards Payment Transaction Value by Operator 2017-2021
  • Table 59 Personal Credit Cards: Number of Cards by Issuer 2017-2021
  • Table 60 Personal Credit Cards: Number of Cards by Operator 2017-2021
  • Table 61 Personal Credit Cards Payment Transaction Value by Issuer 2017-2021
  • Table 62 Personal Credit Cards Payment Transaction Value by Operator 2017-2021
  • Table 63 Forecast Credit Cards: Number of Cards in Circulation 2022-2027
  • Table 64 Forecast Credit Cards Transactions 2022-2027
  • Table 65 Forecast Credit Cards in Circulation: % Growth 2022-2027
  • Table 66 Forecast Credit Cards Transactions: % Growth 2022-2027
  • Table 67 Forecast Commercial Credit Cards: Number of Cards in Circulation 2022-2027
  • Table 68 Forecast Commercial Credit Cards Transactions 2022-2027
  • Table 69 Forecast Commercial Credit Cards in Circulation: % Growth 2022-2027
  • Table 70 Forecast Commercial Credit Cards Transactions: % Growth 2022-2027
  • Table 71 Forecast Personal Credit Cards: Number of Cards in Circulation 2022-2027
  • Table 72 Forecast Personal Credit Cards Transactions 2022-2027
  • Table 73 Forecast Personal Credit Cards in Circulation: % Growth 2022-2027
  • Table 74 Forecast Personal Credit Cards Transactions: % Growth 2022-2027

CHARGE CARDS IN PERU

2022 DEVELOPMENTS

PRE-PAID CARDS IN PERU

KEY DATA FINDINGS

2022 DEVELOPMENTS

  • Use of pre-paid cards is recovering, with open loop being the most dynamic
  • Pre-paid cards for end users are increasing in activity, although they still have a low presence
  • High dynamism in purchases by apps contribute significantly to use of open loop pre-paid cards

PROSPECTS AND OPPORTUNITIES

  • Growth in pre-paid cards is expected to continue over the forecast period, thanks to greater dynamism in economic activities
  • Pre-paid cards allow the unbanked population to become better financially educated and be encouraged to use other means of payment in addition to cash
  • Significant competition is expected in open loop cards, with a greater presence of their digital versions

CATEGORY DATA

  • Table 75 Pre-paid Cards: Number of Cards in Circulation 2017-2022
  • Table 76 Pre-paid Cards Transactions 2017-2022
  • Table 77 Pre-paid Cards in Circulation: % Growth 2017-2022
  • Table 78 Pre-paid Cards Transactions: % Growth 2017-2022
  • Table 79 Closed Loop Pre-paid Cards Transactions 2017-2022
  • Table 80 Closed Loop Pre-paid Cards Transactions: % Growth 2017-2022
  • Table 81 Open Loop Pre-paid Cards Transactions 2017-2022
  • Table 82 Open Loop Pre-paid Cards Transactions: % Growth 2017-2022
  • Table 83 Pre-paid Cards: Number of Cards by Issuer 2017-2021
  • Table 84 Pre-paid Cards: Number of Cards by Operator 2017-2021
  • Table 85 Pre-paid Cards Transaction Value by Issuer 2017-2021
  • Table 86 Pre-paid Cards Transaction Value by Operator 2017-2021
  • Table 87 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2017-2021
  • Table 88 Closed Loop Pre-paid Cards: Number of Cards by Operator 2017-2021
  • Table 89 Closed Loop Pre-paid Cards Transaction Value by Issuer 2017-2021
  • Table 90 Closed Loop Pre-paid Cards Transaction Value by Operator 2017-2021
  • Table 91 Open Loop Pre-paid Cards: Number of Cards by Issuer 2017-2021
  • Table 92 Open Loop Pre-paid Cards: Number of Cards by Operator 2017-2021
  • Table 93 Open Loop Pre-paid Cards Transaction Value by Issuer 2017-2021
  • Table 94 Open Loop Pre-paid Cards Transaction Value by Operator 2017-2021
  • Table 95 Forecast Pre-paid Cards: Number of Cards in Circulation 2022-2027
  • Table 96 Forecast Pre-paid Cards Transactions 2022-2027
  • Table 97 Forecast Pre-paid Cards in Circulation: % Growth 2022-2027
  • Table 98 Forecast Pre-paid Cards Transactions: % Growth 2022-2027
  • Table 99 Forecast Closed Loop Pre-paid Cards Transactions 2022-2027
  • Table 100 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2022-2027
  • Table 101 Forecast Open Loop Pre-paid Cards Transactions 2022-2027
  • Table 102 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2022-2027

STORE CARDS IN PERU

KEY DATA FINDINGS

2022 DEVELOPMENTS

  • Store cards continue to decline significantly, as demand migrates to credit cards
  • Stores are focusing efforts on selling products by promoting the credit cards they issue with their brand
  • Stores give their websites a marketplace approach, intensely promoting cards under their brands

PROSPECTS AND OPPORTUNITIES

  • Use of store cards will continue to decline significantly in forecast period
  • Stores will continue to help incorporate unbanked customers into the financial sector
  • Stores will continue to develop online purchases, thanks to the strengthening of their marketplace offerings

CATEGORY DATA

  • Table 103 Store Cards: Number of Cards in Circulation 2017-2022
  • Table 104 Store Cards Transactions 2017-2022
  • Table 105 Store Cards in Circulation: % Growth 2017-2022
  • Table 106 Store Cards Transactions: % Growth 2017-2022
  • Table 107 Store Cards: Number of Cards by Issuer 2017-2021
  • Table 108 Store Cards: Payment Transaction Value by Issuer 2017-2021
  • Table 109 Forecast Store Cards: Number of Cards in Circulation 2022-2027
  • Table 110 Forecast Store Cards Transactions 2022-2027
  • Table 111 Forecast Store Cards in Circulation: % Growth 2022-2027
  • Table 112 Forecast Store Cards Transactions: % Growth 2022-2027
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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