Now Available: Emerging Opportunities in Bahrain's Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape
Steady economic growth, a rise in the banked population, and improvements in payment infrastructure are resulting in the growing popularity of card payments in Bahrain. In terms of number of cards, Bahrain's card payments channel recorded strong growth at a CAGR of 11.08% during the review period (2008-2012). This was mainly driven by growth in the prepaid and debit card categories. The total number of cards in circulation increased from 654,118 in 2008 to 996,028 in 2012. Over the forecast...
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