Poland Cards And Payments Market Research – Segmentation By Cards (Debit Cards, Credit Cards, Prepaid Cards), By Payment Terminals (POS And ATM's), By Payment Instruments (Credit Transfers, Direct Debit, Cheques And Payment Cards) - Transaction Value, Volumes, Historical Trends, Analysis And Forecasts (2024 to 2029)

Updated On: June, 2024
ID: 6710
Pages: 85

Poland Cards And Payments Market Size (2024 to 2029)

Market Data Forecast’s "Poland 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 cards market of Poland.

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 Poland.

Poland Cards and Payments Market Key Highlights

The extensive spread of contactless technologies in the country with the support from all major banks like PKO Bank Polski, mBank, Bank Zachodni WBK, and Bank Pekao favored the rapid adoption of contactless POS terminals at retailer outlets.

The adoption of new technologies by payment solution providers led to the introduction of m-payment services like Blik, formed by the Polish Payment Standard, a company set up by six Polish banks: Alior Bank, Millennium Bank, Bank Zachodni WBK, mBank, ING Bank ÅšlÄ…ski, and PKO Bank Polski allows mobile payments for in-store and online, and peer-to-peer (P2P) transfers, and Android Pay by Google supported by Alior Bank, Bank Zachodni WBK, and T-Mobile Banking Services.

The benefits of several alternative payments like Visa Checkout, which stores users’ payment and shipping details and provides faster checkout, One Touch instant checkout by PayPal allowing customers to skip login in eligible websites, and MasterCard's Masterpass, allowing customers to shop online using pre-registered credit or debit cards.

KEY PARTICIPANTS IN THE MARKET

  • PKO Bank Polski

  • mBank

  • Bank Pekao

  • Santander

  • ING Bank

  • Credit Agricole

Key Questions Answered by the report

  • What is the market size of the Poland Cards and Payments Market?

  • What are the major operators and issuers in Poland?

  • What is the current state of emerging payment technologies?

Reasons to Purchase this report

  • Track key industry trends, opportunities and threats related to the Poland 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 Poland.

  • Gain insights into key regulations governing the Poland cards and payments market

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Frequently Asked Questions

What are the main types of cards used in Poland?

The main types of cards used in Poland are debit cards, credit cards, and prepaid cards. Debit cards are the most popular, accounting for the majority of card transactions.

What are the most common payment methods in Poland aside from cards?

Aside from cards, common payment methods in Poland include mobile payments (e.g., BLIK), bank transfers, and online payment systems like PayPal. Cash usage has been declining but is still prevalent in some areas.

What are the main challenges facing the Poland cards and payments market?

The main challenges include cybersecurity threats, the need for technological upgrades, regulatory compliance, and competition from alternative payment methods such as digital wallets and cryptocurrencies.

What innovations are shaping the future of the cards and payments market in Poland?

Innovations shaping the future include the development of mobile payment solutions like BLIK, the adoption of blockchain technology for secure transactions, the rise of digital-only banks, and advancements in biometric authentication methods for enhanced security.

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