In 2020, the total number of transactions concluded with business credit cards in Italy reached approximately 95 million. A glance at the graph reveals the increasing popularity of this payment method: between 2012 and 2019, the number of credit card transactions grew by approximately 70 percent overall. However, in 2017, there was a drop in the number of business credit card transactions, which fell to 79 million from 91.6 million in 2016.

Statistical data on the number of credit cards in circulation, amount of credit card transactions, cash advances, and revolving credit amounts.

Colombia Credit Cards: Purchases: Volume: Domestic: Business data was reported at 1,002,063.000 Unit in Mar 2019. This records an increase from the previous number of 946,498.000 Unit for Feb 2019. Colombia Credit Cards: Purchases: Volume: Domestic: Business data is updated monthly, averaging 848,348.000 Unit from Jan 2015 (Median) to Mar 2019, with 51 observations. The data reached an all-time high of 1,033,314.000 Unit in Oct 2018 and a record low of 627,361.000 Unit in Jan 2015. Colombia Credit Cards: Purchases: Volume: Domestic: Business data remains active status in CEIC and is reported by Banking and Financial Institution Association of Colombia. The data is categorized under Global Database’s Colombia – Table CO.KB018: Credit Card Statistics.

In 2020, the value of business credit card transactions in Italy reached nearly 12 billion euros. A glance at the graph reveals the increasing popularity of this payment method: throughout the period considered, the value business or corporate credit card transactions in the country grew almost twofold. In fact, the value of such transactions registered in 2012 amounted to just over 9 billion euros.

The Financial Services Commission provides information on the general status of credit card companies, financial status, major management indicators, and major business activities by inquiring the title base year.

A year before Covid-19 reached the United States, the number of credit cards was already declining. In 2019, there were over three times more credit cards in the USA debit cards - although the latter continued to increase in 2019 whereas credit cards did not. In 2019, Visa was the biggest credit card brand across the nation with over *** million cards issued. Credit cards in the U.S. The credit card industry is a major business in the United States. By 2014, the number of credit cards in the country was estimated to exceed *** billion. The number of credit card accounts registered a peak in the fourth quarter of 2016, with around *** million credit card accounts owned in the United States as of that time. In terms of credit available on credit cards, the industry reported the highest figure to date in the fourth quarter of 2017, amounting to **** trillion U.S. dollars. Visa in the U.S. Visa is the most popular credit card company in the U.S., both in terms of cards issued and purchase volume. Visa issued approximately *** million credit cards in 2010. The purchase volume of the Visa credit cards amounted to *** billion U.S. dollars in the same year. In comparison, there were about *** million MasterCard credit cards in circulation in the U.S. in 2010 with their purchase volume amounting to *** billion U.S. dollars in the same year.

In 2024, the number of corporate credit cards issued in Japan reached **** million. Corporate credit cards can be linked to a business bank account and often provide additional services and benefits for companies.

Korea Credit Card Statistics: Credit Card Company data was reported at 8.000 Unit in Jun 2018. This stayed constant from the previous number of 8.000 Unit for Mar 2018. Korea Credit Card Statistics: Credit Card Company data is updated quarterly, averaging 7.000 Unit from Mar 1999 (Median) to Jun 2018, with 78 observations. The data reached an all-time high of 9.000 Unit in Sep 2014 and a record low of 5.000 Unit in Sep 2009. Korea Credit Card Statistics: Credit Card Company data remains active status in CEIC and is reported by Financial Supervisory Service. The data is categorized under Global Database’s South Korea – Table KR.KA013: Credit Card Statistics: Financial Supervisory Service.

In 2024, the transaction value of corporate credit cards in Japan amounted to around *** trillion Japanese yen. Figures increased from about *** trillion yen in 2022.

Number of Businesses statistics on the Credit Card Issuance industry in the UK

In the first quarter of 2024, the total value of credit card transactions in large businesses in Israel reached over **** billion Israeli shekels (around **** billion U.S. dollars). Similarly, credit card spending in small businesses grew to over ** billion Israeli shekels (around *** billion U.S. dollars). In the fourth quarter of 2023, following the start of the Israel-Hamas war on October 7th, card payments in the country fell sharply. This was accompanied by a significant decline in consumer confidence.

Number of Businesses statistics on the Credit Card Issuing industry in the US

Small business transactions and revenue data aggregated from several credit card processors, collected by Womply and compiled by Opportunity Insights. Transactions and revenue are reported based on the ZIP code where the business is located. Data provided for CT (FIPS code 9), MA (25), NJ (34), NY (36), and RI (44). Data notes from Opportunity Insights: Seasonally adjusted change since January 2020. Data is indexed in 2019 and 2020 as the change relative to the January index period. We then seasonally adjust by dividing year-over-year, which represents the difference between the change since January observed in 2020 compared to the change since January observed since 2019. We account for differences in the dates of federal holidays between 2019 and 2020 by shifting the 2019 reference data to align the holidays before performing the year-over-year division. Small businesses are defined as those with annual revenue below the Small Business Administration’s thresholds. Thresholds vary by 6 digit NAICS code ranging from a maximum number of employees between 100 to 1500 to be considered a small business depending on the industry. County-level and metro-level data and breakdowns by High/Middle/Low income ZIP codes have been temporarily removed since the August 21st 2020 update due to revisions in the structure of the raw data we receive. We hope to add them back to the OI Economic Tracker soon. More detailed documentation on Opportunity Insights data can be found here: https://github.com/OpportunityInsights/EconomicTracker/blob/main/docs/oi_tracker_data_documentation.pdf

Korea Credit Card Business: Year to Date: No. of Cards Issued data was reported at 82,901.000 Unit th in Jun 2018. This records an increase from the previous number of 82,497.000 Unit th for Mar 2018. Korea Credit Card Business: Year to Date: No. of Cards Issued data is updated quarterly, averaging 79,372.500 Unit th from Mar 2016 (Median) to Jun 2018, with 10 observations. The data reached an all-time high of 82,901.000 Unit th in Jun 2018 and a record low of 76,469.000 Unit th in Mar 2016. Korea Credit Card Business: Year to Date: No. of Cards Issued data remains active status in CEIC and is reported by Financial Supervisory Service. The data is categorized under Global Database’s South Korea – Table KR.KA013: Credit Card Statistics: Financial Supervisory Service. The data is derived from the Credit Card specialized companies only.

Colombia Credit Cards: Purchases: Volume: Abroad: Business data was reported at 386,860.000 Unit in Mar 2019. This records an increase from the previous number of 362,768.000 Unit for Feb 2019. Colombia Credit Cards: Purchases: Volume: Abroad: Business data is updated monthly, averaging 316,892.000 Unit from Jan 2015 (Median) to Mar 2019, with 51 observations. The data reached an all-time high of 434,320.000 Unit in Oct 2018 and a record low of 143,738.000 Unit in Jan 2015. Colombia Credit Cards: Purchases: Volume: Abroad: Business data remains active status in CEIC and is reported by Banking and Financial Institution Association of Colombia. The data is categorized under Global Database’s Colombia – Table CO.KB018: Credit Card Statistics.

Statistics Joint Credit Card Processing Center Electronic Government Service Platform Related Business Data (Joint Credit Card Processing Center)

This report analyses the ratio of credit card debt to discretionary income. Credit card debt covers all personal advances on credit and charge cards, both interest-bearing and non-interest bearing, that are outstanding. Discretionary income is the amount of income remaining after deducting necessary household expenses and can be used to repay debt. The data for this report is sourced from the Reserve Bank of New Zealand (Te Putea Matua) and Statistics New Zealand (Tatauranga Aotearoa). The data is presented as credit card debt as a percentage of discretionary income for each financial year.

Physical credit cards were popular for online shopping in Latin America in 2024, with the highest market shares found in Mexico and Brazil. Although the countries comparatively rank lower on credit card penetration than the rest of the world, the use of credit cards for online shopping is well established in the region. This likely due to providers like MercadoLibre, the Argentinian e-commerce company that is often compared to Amazon but for Latin America. In 2024, MercadoLibre generated a revenue of **** billion U.S. dollars in Brazil alone.

The credit card penetration in the United States was forecast to continuously increase between 2024 and 2029 by in total *** percentage points. After the seventh consecutive increasing year, the credit card penetration is estimated to reach ***** percent and therefore a new peak in 2029. The penetration rate refers to the share of the total population who use credit cards.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to *** countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the credit card penetration in countries like Canada and Mexico.

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Credit Card Payments Market Size 2025-2029

The credit card payments market size is forecast to increase by USD 181.9 billion, at a CAGR of 8.7% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing prevalence of online transactions. The digital shift in consumer behavior, fueled by the convenience and accessibility of e-commerce platforms, is leading to a surge in credit card payments. Another key trend shaping the market is the adoption of mobile biometrics for payment processing. This advanced technology offers enhanced security and ease of use, making it an attractive option for both consumers and merchants. However, the market also faces challenges. In developing economies, a lack of awareness and infrastructure for online payments presents a significant obstacle. Bridging the digital divide and educating consumers about the benefits and security of online transactions will be crucial for market expansion in these regions. Effective strategies, such as partnerships with local financial institutions and targeted marketing campaigns, can help overcome this challenge and unlock new opportunities for growth.

What will be the Size of the Credit Card Payments Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, driven by advancements in technology and shifting consumer preferences. Payment optimization through EMV chip technology and payment authorization systems enhances security and streamlines transactions. Cross-border payments and chargeback prevention are crucial for businesses expanding globally. Ecommerce payment solutions, BNPL solutions, and mobile payments cater to the digital age, offering flexibility and convenience. Payment experience is paramount, with user interface design and alternative payment methods enhancing customer satisfaction. Merchant account services and payment gateway integration enable seamless transaction processing. Payment analytics and loyalty programs help businesses understand customer behavior and boost retention. Interchange fees, chargeback management, and dispute resolution are essential components of credit card processing. Data encryption and fraud detection ensure payment security. Multi-currency support and digital wallets cater to diverse customer needs. Customer support and subscription management are vital for maintaining positive relationships and managing recurring billing. Processing rates, settlement cycles, and PCI compliance are key considerations for businesses seeking efficient and cost-effective payment solutions. The ongoing integration of these elements shapes the dynamic and evolving credit card payments landscape.

How is this Credit Card Payments Industry segmented?

The credit card payments industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. End-userConsumer or individualCommercialProduct TypeGeneral purpose credit cardsSpecialty credit cardsOthersApplicationFood and groceriesHealth and pharmacyRestaurants and barsConsumer electronicsOthersGeographyNorth AmericaUSCanadaEuropeGermanyUKAPACChinaIndiaJapanSouth KoreaSouth AmericaArgentinaBrazilRest of World (ROW).

By End-user Insights

The consumer or individual segment is estimated to witness significant growth during the forecast period.The market is a dynamic and evolving landscape that caters to businesses and consumers alike. Recurring billing enables merchants to automatically charge customers for goods or services on a regular basis, streamlining the payment process for both parties. EMV chip technology enhances payment security, reducing the risk of fraud. Payment optimization techniques help businesses minimize transaction costs and improve authorization rates. Cross-border payments facilitate international business, while chargeback prevention measures protect merchants from revenue loss due to disputed transactions. Ecommerce payment solutions provide convenience for consumers and merchants, with payment gateway integration ensuring seamless transactions. Rewards programs and buy now, pay later (BNPL) solutions incentivize consumer spending. Mobile payments and digital wallets offer flexibility and convenience. Merchants can accept various payment methods, including cryptocurrencies, and benefit from payment analytics and conversion rate optimization. Payment volume continues to grow, necessitating robust fraud detection systems and multi-currency support. Customer support is crucial for resolving disputes and addressing payment issues. Alternative payment methods cater to diverse consumer preferences. The payment experience is key