COMPETITIVE LANDSCAPE
Guararapes Confecções leads
Guararapes Confecções was the leading issuer in store cards in terms of number of cards in circulation in 2024. Midway SA Crédito, Financiamento e Investimento is the financial institution that controls the Riachuelo chain, part of the Guararapes group.
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Overview:
Understand the latest market trends and future growth opportunities for the Store Card Transactions industry in Brazil 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 Store Card Transactions industry in Brazil, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Store Card Transactions in Brazil 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 Store Card Transactions in Brazil?
- What are the major trends key to understanding Store Card Transactions in Brazil?
- 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?
Credit Cards in Brazil - Category analysis
Credit Cards in Brazil - Company Profile
KEY DATA FINDINGS
Strong growth for credit cards
A popular method of payment
Evolution of Pix not necessarily a threat to credit cards
Interest-free instalments support popularity of credit cards
Limited threat from Pix
Fintech set to reinforce popularity of credit cards
MasterCard Brasil leads
Fintech player attracts younger consumers
Debit Cards in Brazil - Category analysis
Debit Cards in Brazil - Company Profile
KEY DATA FINDINGS
Growth despite increasing competition
Migration of Bolsa Familia to debit cards boosts number of cards in circulation
Strong competition from Pix
Trend one
New Pix feature ramps up competition for debit cards
Government programmes to maintain importance of debit cards
Visa holds top spot
Caixa Econômica Federal benefits from role in government programmes
Pre-Paid Cards in Brazil - Category analysis
Pre-Paid Cards in Brazil - Company Profile
KEY DATA FINDINGS
Growth across both open loop and closed loop pre-paid cards
Barred from providing debit cards, Nubank offers pre-paid cards
PAT plays important role in closed loop pre-paid cards
Clearer rules should guide pre-paid cards
iFood looking to strengthen presence in pre-paid cards
Banks join forces in strategic partnerships with leading corporate benefits companies
Exclusivity agreement between Nubank and MasterCard
Ticket introduces personalised pre-paid card
Store Cards in Brazil - Category analysis
Store Cards in Brazil - Company Profile
KEY DATA FINDINGS
Store cards struggling to compete with alternative payment methods
Competition from other types of cards weakens position of store cards
Target audience impacted by challenging economic scenario
Store cards set to suffer from further intensification of competition from alternatives
Still a potential role for store cards
Economic challenges affect core customer base for store cards
Guararapes Confecções leads
Financial Cards and Payments in Brazil - Industry Overview
Financial cards seeing growth
KEY DATA FINDINGS
Macroeconomic factors impact interest rates
Strong growth in number of credit cards and open loop pre-paid cards in circulation
Debit cards and other payment methods feeling strong competition from Pix
Fintech helps to drive growth in payment and lending methods
What next for financial cards and payments?
Banco Itaú Holding Financeira SA takes the lead
MasterCard benefits from aggressive commercial policy and strategic partnerships
COUNTRY REPORTS DISCLAIMER
Store Card Transactions
A store card (also known as a retailer or private label card) contains a “pay later” component and revolving line of credit similar to credit cards. However, store cards must contain usage limited to specific stores within a predefined retail group unlike retailer co-branded cards. Co-branded credit cards issued by retailers acting as financial institutions and without usage restrictions fall into the credit card category.
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 Store Card Transactions research and analysis database.
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