Debit Card Trends in Europe Amid COVID-19: An Outlook (2020-2021)

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Sep 03, 2020, 19:00 ET

DUBLIN, Sept. 3, 2020 /PRNewswire/ -- The "Debit Card Trends Across Europe" report has been added to ResearchAndMarkets.com's offering.

Despite the relatively heavy hand of regulators in the European Union proper, diversity and difference are what characterize the European debit card scene.

The growth trajectories for consumer debit cards in the nine European countries included in this report reveal a far from unified market. Even those countries that share a border will exhibit vastly different consumer behaviors when conducting debit card transactions. Those differences are accentuated as the global pandemic, and each country's reaction to it, influence their respective economy.

This report, the first in a series that analyzes debit card markets around the world, considers the trends in each country reviewed and utilizes a proprietary Worldwide Payments Model to provide a near term forecast for debit transaction volumes and a revised outlook given the relative impact of the pandemic.

We find some interesting trends in debit card activity in each country that hinge on influences including the level of account ownership and financial inclusion, the territory's history of electronic payment adoption, the strength of mobile and other remote commerce solutions, open banking and real-time payments and certainly the level of regulatory involvement in payments.

Highlights of the report include:

Analysis of the most influential trends in the debit card market in France, Germany, Italy, the Netherlands, Russia, Spain, Sweden, Switzerland and the United Kingdom.
Review of account ownership, the number of debit cards issued, 2019 transaction levels and value processed expressed in U.S. dollars for comparison purposes.
Transaction volumes processed in each country from 2015 through 2019, with pre-and post- pandemic forecasts for 2020-2021.

Companies Mentioned

Cartes Bancaires
Deutsche Geldautomaten
Mastercard
Mir
PayPal
Riksbanken
Sberbank
Twint
Visa
Yandex

Key Topics Covered

1. Executive Summary

2. Introduction

About the data model
Definitions

3. France

Trends
Forecast

4. Germany

5. Italy

6. Netherlands

7. Russia

8. Spain

9. Sweden

10. Switzerland

11. United Kingdom

12. Conclusions

13. References

Figures and Tables
Figure 1 Debit card volume shows steady growth, but the global pandemic interrupts the trend in France
Figure 2 Debit card volume trends and forecast for Germany
Figure 3 Debit card volume trends and forecast for Italy
Figure 4 Debit card volume trends and forecast for the Netherlands are only slightly modified in light of the pandemic
Figure 5 Debit card volume trends in Russia have been impacted by a weakening economy and austerity measures
Figure 6 Debit card volumes in Spain, once on an upward trend, are reset in the current economic downturn
Figure 7 Debit card volume trends in Sweden only lightly impacted by the pandemic
Figure 8 Debit card volume trends and forecast for Switzerland
Figure 9 Debit card volume trends in the United Kingdom take a hit, but recovery is expected to be rapid

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

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