Pre-Paid Cards in Saudi Arabia

Abstract
Growth in pre-paid cards is supported by the increasing societal shift away from cash transactions, in a trend which started pre-pandemic and was enhanced by the time of COVID-19. In particular, the uptake of payroll pre-paid cards has increased as employers aimed to improve the payment of salaries during the pandemic – given lockdown and the convenience of receiving pay on cards, and the ability of most people to access ATMs. As card payments became more important for consumers to carry out dai...

Euromonitor International's Pre-Paid Card Transactions in Saudi Arabia 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: Closed Loop Pre-Paid Card Transactions, Open Loop Pre-Paid Card 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 Pre-Paid 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

Content
Pre-Paid Cards in Saudi Arabia
January 2023

List Of Contents And Tables

PRE-PAID CARDS IN SAUDI ARABIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Growth of payroll pre-paid cards, midst the switch to a cashless society
Pre-paid gift cards gain traction owing to the culture of gifting in the Kingdom
Banks give cashback incentives to make prepaid cards more appealing
PROSPECTS AND OPPORTUNITIES
Simplicity and convenience will support growth in pre-paid cards over the forecast period
Development of digital banking and emerging fintech platforms also set to support growth
Growing commitment to enhance transport industry expected to bring forth transport cards
CATEGORY DATA
Table 1 Pre-paid Cards: Number of Cards in Circulation 2017-2022
Table 2 Pre-paid Cards Transactions 2017-2022
Table 3 Pre-paid Cards in Circulation: % Growth 2017-2022
Table 4 Pre-paid Cards Transactions: % Growth 2017-2022
Table 5 Open Loop Pre-paid Cards Transactions 2017-2022
Table 6 Open Loop Pre-paid Cards Transactions: % Growth 2017-2022
Table 7 Pre-paid Cards: Number of Cards by Issuer 2017-2021
Table 8 Pre-paid Cards: Number of Cards by Operator 2017-2021
Table 9 Pre-paid Cards Transaction Value by Issuer 2017-2021
Table 10 Pre-paid Cards Transaction Value by Operator 2017-2021
Table 11 Open Loop Pre-paid Cards: Number of Cards by Issuer 2017-2021
Table 12 Open Loop Pre-paid Cards: Number of Cards by Operator 2017-2021
Table 13 Open Loop Pre-paid Cards Transaction Value by Issuer 2017-2021
Table 14 Open Loop Pre-paid Cards Transaction Value by Operator 2017-2021
Table 15 Forecast Pre-paid Cards: Number of Cards in Circulation 2022-2027
Table 16 Forecast Pre-paid Cards Transactions 2022-2027
Table 17 Forecast Pre-paid Cards in Circulation: % Growth 2022-2027
Table 18 Forecast Pre-paid Cards Transactions: % Growth 2022-2027
Table 19 Forecast Open Loop Pre-paid Cards Transactions 2022-2027
Table 20 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2022-2027
FINANCIAL CARDS AND PAYMENTS IN SAUDI ARABIA
EXECUTIVE SUMMARY
Financial cards and payments in 2022: The big picture
2022 key trends
Increased card transactions over cash
Buy Now Pay Later continues to gain traction
Competitive landscape
The mada card continues to lead in payment technology
Saudi banks embrace digital future with more closures of brick-and-mortar branches
Approval for third digital bank in Saudi Arabia
Fintech firms facilitate cashless payments
What next for financial cards and payments?
MARKET INDICATORS
Table 21 Number of POS Terminals: Units 2017-2022
Table 22 Number of ATMs: Units 2017-2022
Table 23 Value Lost to Fraud 2017-2022
Table 24 Card Expenditure by Location 2022
Table 25 Financial Cards in Circulation by Type: % Number of Cards 2017-2022
Table 26 Domestic versus Foreign Spend 2022
MARKET DATA
Table 27 Financial Cards by Category: Number of Cards in Circulation 2017-2022
Table 28 Financial Cards by Category: Number of Accounts 2017-2022
Table 29 Financial Cards Transactions by Category: Value 2017-2022
Table 30 Financial Cards by Category: Number of Transactions 2017-2022
Table 31 Commerical Payments by Category: Value 2017-2022
Table 32 Commercial Payments by Category: Number of Transactions 2017-2022
Table 33 Personal Payments by Category: Value 2017-2022
Table 34 Personal Payments by Category: Number of Transactions 2017-2022
Table 35 M-Commerce by Category: Value 2017-2022
Table 36 M-Commerce by Category: % Value Growth 2017-2022
Table 37 Financial Cards: Number of Cards by Issuer 2017-2021
Table 38 Financial Cards: Number of Cards by Operator 2017-2021
Table 39 Financial Cards: Card Payment Transactions Value by Operator 2017-2021
Table 40 Financial Cards: Card Payment Transactions Value by Issuer 2017-2021
Table 41 Forecast Financial Cards by Category: Number of Cards in Circulation 2022-2027
Table 42 Forecast Financial Cards by Category: Number of Accounts 2022-2027
Table 43 Forecast Financial Cards Transactions by Category: Value 2022-2027
Table 44 Forecast Financial Cards by Category: Number of Transactions 2022-2027
Table 45 Forecast Commercial Payments by Category: Value 2022-2027
Table 46 Forecast Commercial Payments by Category: Number of Transactions 2022-2027
Table 47 Forecast Personal Payments by Category: Value 2022-2027
Table 48 Forecast Personal Payments by Category: Number of Transactions 2022-2027
Table 49 Forecast M-Commerce by Category: Value 2022-2027
Table 50 Forecast M-Commerce by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources