New Report Available: Emerging Opportunities in Colombia's Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape
Colombia is the fourth-largest economy in Latin America. It had a population of 46 million in 2012, of which 15.7 million lived below the poverty line. Colombia has a huge unbanked population with more than 40% of the population not holding a bank account. Low banking penetration presents huge potential for card companies in the country. The number of payment cards in circulation registered a CAGR of 11.69% during the review period to reach 51.7 million cards in 2012. The...
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