"Debit Cards in Egypt" Now Available at Fast Market Research
Debit cards benefited strongly from a shift in salary payment trends in Egypt during the review period. Many employers shifted from cash payments for salaries to bank transfers, with this resulting in a sharp growth in the banked population. The banked population rose from just 7% share in 2008 to 32% share in 2013. Growth was particularly strong in 2011, when instability and rising crime resulted in many consumers being concerned about carrying cash. The banked population rose by 75%...
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