Australia Store Cards Market Report - Fewer Store Cards Available in the Market as Brands Close Applications

Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The "Store Cards in Australia" report has been added to ResearchAndMarkets.com's offering.

Usage of store cards in Australia has not improved post-pandemic, as the product has fallen out of favour among consumers. Credit cards are more competitive in terms of rewards and can be used anywhere, while store cards are restricted to specific retailers, which has become more of an obstacle in recent years due to consumers comparing prices across different stores more often.

The Store Card Transactions in Australia 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.

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

Key benefits

• Get a detailed picture of the Store 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.

Key Topics Covered:

KEY DATA FINDINGS

2023 DEVELOPMENTS

• Store cards stagnate as consumer preferences benefit other payment options
• Fewer store cards available in the market as brands close applications
• Caltex leads store cards in total spend

PROSPECTS AND OPPORTUNITIES

• Store cards projected to decline further over the forecast period
• Competitive landscape for store cards likely to remain unchanged

CATEGORY DATA

• Table 1 Store Cards: Number of Cards in Circulation 2018-2023
• Table 2 Store Cards Transactions 2018-2023
• Table 3 Store Cards in Circulation: % Growth 2018-2023
• Table 4 Store Cards Transactions: % Growth 2018-2023
• Table 5 Store Cards: Number of Cards by Issuer 2018-2022
• Table 6 Store Cards: Payment Transaction Value by Issuer 2018-2022
• Table 7 Forecast Store Cards: Number of Cards in Circulation 2023-2028
• Table 8 Forecast Store Cards Transactions 2023-2028
• Table 9 Forecast Store Cards in Circulation: % Growth 2023-2028
• Table 10 Forecast Store Cards Transactions: % Growth 2023-2028

FINANCIAL CARDS AND PAYMENTS IN AUSTRALIA

EXECUTIVE SUMMARY

• Financial cards and payments in 2023: The big picture
• Buy Now Pay Later to face regulation after years of scrutiny
• Electronic direct payments post strong growth in 2023
• Competitive landscape
• What next for financial cards and payments?

MARKET INDICATORS

• Table 11 Number of POS Terminals: Units 2018-2023
• Table 12 Number of ATMs: Units 2018-2023
• Table 13 Value Lost to Fraud 2018-2023
• Table 14 Card Expenditure by Location 2023
• Table 15 Financial Cards in Circulation by Type: % Number of Cards 2018-2023
• Table 16 Domestic versus Foreign Spend 2023

MARKET DATA

• Table 17 Financial Cards by Category: Number of Cards in Circulation 2018-2023
• Table 18 Financial Cards by Category: Number of Accounts 2018-2023
• Table 19 Financial Cards Transactions by Category: Value 2018-2023
• Table 20 Financial Cards by Category: Number of Transactions 2018-2023
• Table 21 Consumer Payments by Category: Value 2018-2023
• Table 22 Consumer Payments by Category: Number of Transactions 2018-2023
• Table 23 M-Commerce by Category: Value 2018-2023
• Table 24 M-Commerce by Category: % Value Growth 2018-2023
• Table 25 Financial Cards: Number of Cards by Issuer 2018-2022
• Table 26 Financial Cards: Number of Cards by Operator 2018-2022
• Table 27 Financial Cards: Card Payment Transactions Value by Operator 2018-2022
• Table 28 Financial Cards: Card Payment Transactions Value by Issuer 2018-2022
• Table 29 Forecast Financial Cards by Category: Number of Cards in Circulation 2023-2028
• Table 30 Forecast Financial Cards by Category: Number of Accounts 2023-2028
• Table 31 Forecast Financial Cards Transactions by Category: Value 2023-2028
• Table 32 Forecast Financial Cards by Category: Number of Transactions 2023-2028
• Table 33 Forecast Consumer Payments by Category: Value 2023-2028
• Table 34 Forecast Consumer Payments by Category: Number of Transactions 2023-2028
• Table 35 Forecast M-Commerce by Category: Value 2023-2028
• Table 36 Forecast M-Commerce by Category: % Value Growth 2023-2028

For more information about this report visit https://www.researchandmarkets.com/r/jrl66s

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