Boston, MA -- (SBWIRE) -- 06/20/2012 -- The wider provision of Sharia-compliant credit cards by banks, both Islamic and conventional, seems the most important factor that stimulated the market in 2011. This trend encouraged Saudi people who previously refused credit cards, to accept and use these cards. The Saudi nationals in general are heavily dependent on credit to finance their high spending and consumption but the relatively limited Islamic credit card options in the past were an obstacle to using credit cards. Islamic banks are...
Euromonitor International's Credit Card Transactions in Saudi Arabia 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.
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Product coverage: Commercial Credit Card Transactions, Personal Credit Card Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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- Get a detailed picture of the Credit Card Transactions market;
- Pinpoint growth sectors and identify factors driving change;
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- Use five-year forecasts to assess how the market is predicted to develop.
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