With the spread of COVID-19 locally and reports about the ability of the virus to survive on surfaces for days, consumers were becoming increasingly cautious about handling cash and using PIN number pads as they were seen as being possible media for virus transmission. There has therefore been a rise in contactless credit card usage, as it is seen as offering a safer and more convenient method of payment at retail outlets. The presence of an extensive contactless island-wide payment infrastructu...

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Euromonitor International's Credit Card Transactions in Singapore 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: Commercial Credit Card Transactions, Personal Credit Card Transactions.

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Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Credit 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.
Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.
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Table of Contents

KEY DATA FINDINGS
2020 IMPACT
Credit card spending down as travel and eating out is put on hold
With non-essential travel suspended commercial credit cards take a hit
Credit cards suffers as consumers exercise caution

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RECOVERY AND OPPORTUNITIES
Credit cards faces bright future as lenders encourage uptake
Spending on credit cards expected to overtake spending on debit cards in value terms
Spending set to resume from 2021 but challenges remain

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CATEGORY DATA
Table 1 Credit Cards: Number of Cards in Circulation 2015-2020
Table 2 Credit Cards Transactions 2015-2020
Table 3 Credit Cards in Circulation: % Growth 2015-2020
Table 4 Credit Cards Transactions: % Growth 2015-2020
Table 5 Commercial Credit Cards: Number of Cards in Circulation 2015-2020
Table 6 Commercial Credit Cards Transactions 2015-2020

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