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Global Credit Card Market

Global Credit Card Market size was valued at USD 489.4 billion in 2021 and is poised to grow from USD 521.8 billion in 2022 to USD 961.2 billion by 2030, growing at a CAGR of 7.78% in the forecast period (2023-2030).

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Global Credit Card Market

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  1. Global Credit Card Market Size, Share, Growth Analysis, By Card Type (General Purpose Credit Cards, Specialty), By Application (Food & Groceries, Health & Pharmacy), By Provider (Visa, Master cards) - Industry Forecast 2023-2030 Global Credit Card Market Insights Global Credit Card Market size was valued at USD 489.4 billion in 2021 and is poised to grow from USD 521.8 billion in 2022 to USD 961.2 billion by 2030, growing at a CAGR of 7.78% in the forecast period (2023-2030). A credit card is a piece of metal or plastic that is provided by a bank or financial services provider that enables cardholders to borrow money in order to make purchases from various sorts of businesses. Also, the credit cards offered by banks and other fintech companies enable customers to buy various services on credit without having to pay in cash at the moment of sale. Instead, a debt that must be paid off on a monthly billing cycle is

  2. accrued for the costs, giving the buyer more time to gather the necessary funds. The demand for convenient alternatives to cash is increasing, and there are more affordable credit cards available everywhere, which is boosting the size of the worldwide credit card payments market. Also, the increasing demand for credit cards in developing countries has a favorable effect on the market expansion. The expansion of the credit card payments market, however, is anticipated to be hampered by factors like the global uptick in credit card fraud. On the other hand, throughout the forecast period, technical advances in product offerings, such as the use of blockchain for greater security, are anticipated to offer lucrative potential for the expansion of the market. Get a Complete Overview of Global Credit Card Market: https://www.skyquestt.com/report/credit-card-market Credit Card Market Top Player’s Company Profiles: •American Express •Bank of America •Barclays •Capital One •Chase •Citibank •Discover •HSBC •ICICI Bank •JPMorgan •Mastercard •MUFG •Santander

  3. •SBI Cards •State Farm •U.S. Bancorp •Visa •Wells Fargo •Westpac •Worldpay About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization, and technology services. It has 450+ happy clients globally. Address: 1 Apache Way, Westford, Massachusetts 01886 Phone: USA (+1) 617-230-0741 Email:sales@skyquestt.com

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