PROSPECTS AND OPPORTUNITIES
OV Pay to become the primary payment method for public transport
OV Pay is set to become the primary payment method for public transport in the Netherlands, offering consumers the flexibility to pay using debit or charge cards, as well as the traditional OV-chipkaart, a dedicated travel card. This system allows passengers to select their preferred payment method, enhancing convenience and aligning with broader trends towards digital and contactless payments.
Open loop pre-paid cards to become obsolete category
International Card Services BV (ICS), a leading issuer of cards in the Netherlands, announced the cessation of its ICS Go Card open loop pre-paid card from 1 May 2024. Existing cards will not be cancelled and can be used until their expiration dates, however, no new cards will be issued.
Gift cards to see continued growth due to flexibility, convenience and online options
Gift cards are projected to remain popular, due to their convenience and versatility, making them a preferred choice for gifts. Many retailers issue gift cards, in partnership with one of the main issuers, i.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Pre-Paid Card Transactions industry in Netherlands with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Pre-Paid Card Transactions industry in Netherlands, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Pre-Paid Card Transactions in Netherlands report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Pre-Paid Card Transactions in Netherlands?
- What are the major trends key to understanding Pre-Paid Card Transactions in Netherlands?
- How has COVID-19, recession and macroeconomic volatility impacted the market?
- How long will the market take to recover? What are the opportunities now?
- How will political context and shifting cultural values shape future growth?
- Where is future growth expected to be most dynamic?
Charge Cards in the Netherlands - Category analysis
Charge Cards in the Netherlands - Company Profile
KEY DATA FINDINGS
Charge cards are a relatively niche payment method
Increased incentives for card users drives potential for growth
ICS-issued cards can make use of Apple Pay – will this extend to charge cards?
Charge cards will benefit as a result of the withdrawal of credit cards
Charge cards likely to remain a niche due to developments in other areas
High costs of charge cards put negative pressure on growth prospects
Credit Cards in the Netherlands - Category analysis
Credit Cards in the Netherlands - Company Profile
KEY DATA FINDINGS
Credit cards face extinction due to withdrawal of the “Gespreid Betalen Faciliteit” in 2024
Credit card withdrawal shows broader concern with consumer credit, especially revolving credit
Growth of credit cards was boosted for a time by e-commerce and the return of international travel
Credit cards will become extinct over the forecast period
Debit Cards in the Netherlands - Category analysis
Debit Cards in the Netherlands - Company Profile
KEY DATA FINDINGS
Continued increase in use of debit cards, although cash remains popular
Public transport payment developments help to boost debit card growth
Banks switch to Mastercard and Visa debit, away from Maestro and V Pay
Direct debit cards will be further boosted by e-commerce use over the forecast period
Demand for commercial debit cards expected to grow
Popularity of digital wallets will also boost debit card growth
Pre-Paid Cards in the Netherlands - Category analysis
Pre-Paid Cards in the Netherlands - Company Profile
KEY DATA FINDINGS
Pre-paid transport card OV-chipkaart faces competition from new OV Pay system
Gift cards remain popular, for both personal and professional use
Open loop pre-paid cards see limited growth
OV Pay to become the primary payment method for public transport
Open loop pre-paid cards to become obsolete category
Gift cards to see continued growth due to flexibility, convenience and online options
Financial Cards and Payments in the Netherlands - Industry Overview
Financial cards and payments in 2024: The big picture
2024 key trends
Payments in public transport become more streamlined
Competitive landscape
What next for financial cards and payments?
DISCLAIMER
The following categories and subcategories are included:
Pre-Paid Card Transactions
- Closed Loop Pre-Paid Card Transactions
- Open Loop Pre-Paid Card Transactions
Pre-Paid Card Transactions
A card paid for at point of sale, and permitting the bearer to buy goods or services usually of a particular type up to the pre-paid value. These cards acts as an alternative to cash. The card can be disposable or re-loadable.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Pre-Paid Card Transactions research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!