Italy Cards And Payments Market

Italy Cards And Payments Market Overview (2024 to 2029)

Market Data Forecast’s "Italy Cards And Payments Market" report offers a distinct range of possibilities in the market of payment cards along with the accurately validated statistics of operational cards in the market and their total transactional values. It suggests profitable marketing strategies considering the competitive landscape in the market, purchase trends, payment options in online trade and significant government frameworks impacting the overall payment card market of Italy.

Our report kindles the hidden opportunities with dependable information about different types of cash transactions, volumes of cardholders, market proportion, current accounts, increase within the number of cards, credit cards outstanding balances, transactional values, details of the issuers at the side of available banking schemes and futuristic analysis of overall cards and payment marketplace in Italy.

Italy Cards and Payments Market – Key Highlights:

The emergence of digital-only banks in Italy like the German-based mobile-only bank N26, allowing consumers to do complete banking transactions on their mobile phones, Hello Bank! by Banca Nazionale del Lavoro (BNL), and UniCredit Bank's mobile-only buddybank with services like current accounts, credit and debit cards, personal loans, and 24/7 personal assistance.

The advent of foreign payment service providers in alternative payments such as Apple Pay, Seqr mobile payment app by Sweden's Seamless, US's Boku acquisition of mobile view Italia and the partnership of Vodafone and PayPal allowing contactless payments for the customers by linking their accounts to Vodafone wallet is pushing the local payments markets.

Government initiatives to promote cashless and electronic transactions like No Cash Day Project and National project in association with Maestro, Mastercard, Visa, UBI Banca, Bancomat Consortium, and Banco Popolare. The daily and monthly coupons offered on the transactions resulted in making Bergamo as a cashless city by adopting electronic payments.

Some of the Dominating players in the Market:

• BancoPosta
• Poste Italiane
• Banca Nazionale del Lavoro
• Intesa Sanpaolo
• UniCredit Bankken

Key Questions Answered by the report

• What is the market size of the Italy Cards and Payments market?
• What are the major operators and issuers in Italy?
• What is the current state of emerging payment technologies?

Reasons to Purchase this report

• Track key industry trends, opportunities and threats related to the Italy cards and payments industry and each market within it.
• Gain insights into the competitive landscape of card issuers for both, debit cards and pay later cards.
• Gain insights into marketing strategies used by market players for various card types in Italy.
• Gain insights into key regulations governing the Italy cards and payments market