Global Charge Cards in Romania Market Statistics, Development and Growth for 2020

[Wisguys Reports]

Charge cards remains a marginal category in financial cards, consisting almost solely of fuel cards. Commercial cards account for the vast majority of transactions, with use of personal cards remaining negligible. Unlike debit and credit cards, in Romania charge cards has not benefited from the shift away from cash among consumers fuelled by COVID-19. The pandemic brought the majority of business travel to a halt in Romania, both nationally and internationally, as government travel restrictions…

Also Read – http://www.marketwatch.com/story/global-real-time-location-system-r...–2027-2021-03-02

Euromonitor International’s Charge Card Transactions in Romania 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.

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Product coverage: Commercial Charge Card Transactions, Personal Charge Card Transactions.

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

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Why buy this report?
* Get a detailed picture of the Charge 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.

Table of Content

KEY DATA FINDINGS
2020 IMPACT
Reduced business travel and activity further limits charge card usage

Also Read – http://www.marketwatch.com/story/covid-19-impact-on-global-artifici...

Very limited scope for development of personal charge cards
Strong relationships key to securing new commercial clients
RECOVERY AND OPPORTUNITIES

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Growth restricted by limited interest from leading players and consumers
Offering of new bonuses and rewards unlikely to attract consumers to charge cards
Growing popularity of credit cards poses major challenge to personal charge cards

… continued

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