DUBLIN--(BUSINESS WIRE)--The "United Arab Emirates Prepaid Card and Digital Wallet Business and Investment Opportunities Databook - Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend" report has been added to ResearchAndMarkets.com's offering.
According to the publisher, the prepaid card market (value terms) in the United Arab Emirates (the UAE) increased at a CAGR of 9.4% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 13.1%, increasing from US$5.66 billion in 2022 to reach US$9.26 billion by 2026.
Companies Mentioned
- Tesco Plc
- Associated British Foods Plc
- Next Plc
- J Sainsbury Plc
- Wal-Mart Stores Inc
- TJX Cos Inc, The
- Wm Morrison Supermarkets Plc
- Amazon.com Inc
Government initiatives are providing boost to the payroll cards market
Government backed the Wage Protection System (WPS) system, coupled with growing cash to card initiatives, and public-private-partnerships are driving the payroll cards market growth. The publisher expects the enhanced payroll card will attract large, medium, and small corporates who would want to provide these flexibilities to their employees. Subsequently, this will increase the usage of these payroll cards, providing impetus to the growth of the overall prepaid card market in the UAE.
Banks are building partnerships with digital payments providers to launch virtual 'buy now pay later' prepaid cards in the UAE . With the popularity of buy-now, pay-later (BNPL) solutions in the UAE, partnerships are building up to gain market share.llment payments.
Partnerships to launch limited-edition prepaid cards are rising. Banking providers are joining hands with payments and technology companies to launch limited-edition prepaid cards.
The publisher expects these limited-edition cards will attract a larger customer base as travelers around the world will be visiting the country during the Expo 2020 Dubai, which will increase the prepaid card sales in the country, boosting the prepaid card market's growth in the UAE.
This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across retail and corporate consumer segments. In addition, it provides a snapshot of consumer behaviour and retail spend dynamics in United Arab Emirates. With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.
Key Topics Covered:
1. About this Report
2. Prepaid Payment Instrument Market Size and Future Growth Dynamics by Key Performance Indicators
3. Digital Wallet Market Size and Future Growth Dynamics by Key Performance Indicators
4. Digital Wallet Market Size and Future Growth Dynamics by Key Segments
5. United Arab Emirates Prepaid Card Industry Market Attractiveness
6. United Arab Emirates Open Loop Prepaid Card Future Growth Dynamics, 2017 - 2026
7. United Arab Emirates Closed Loop Prepaid Card Future Growth Dynamics, 2017 - 2026
8. United Arab Emirates Prepaid Card Consumer Usage Trends
9. United Arab Emirates Prepaid Card Retail Spend Dynamics
10. United Arab Emirates General Purpose Prepaid Card Market Size and Forecast, 2017-2026
11. United Arab Emirates Gift Card Market Size and Forecast, 2017-2026
12. United Arab Emirates Entertainment and Gaming Prepaid Card Market Size and Forecast, 2017-2026
13. United Arab Emirates Teen and Campus Prepaid Card Market Size and Forecast, 2017-2026
14. United Arab Emirates Business and Administrative Expense Prepaid Card Market Size and Forecast, 2017-2026
15. United Arab Emirates Payroll Prepaid Card Market Size and Forecast, 2017-2026
16. United Arab Emirates Meal Prepaid Card Market Size and Forecast, 2017-2026
17. United Arab Emirates Travel Forex Prepaid Card Market Size and Forecast, 2017-2026
18. United Arab Emirates Transit and Tolls Prepaid Card Market Size and Forecast, 2017-2026
19. United Arab Emirates Healthcare and Wellness Prepaid Card Market Size and Forecast, 2017-2026
20. United Arab Emirates Social Security and Other Government Benefit Programs Prepaid Card Market Size and Forecast, 2017-2026
21. United Arab Emirates Fuel Prepaid Cards Market Size and Forecast, 2017-2026
22. United Arab Emirates Utilities, and Other Prepaid Cards Market Size and Forecast, 2017-2026
23. Further Reading
For more information about this report visit https://www.researchandmarkets.com/r/egtk61
