2024 South Africa Prepaid Card and Digital Wallet Business Databook

The “South Africa Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend – Q1 2024 Update” report has been added to ResearchAndMarkets.com’s offering.

Report Highlights

According to the publisher, the prepaid card market in South Africa grew at a CAGR of 6.8% from 2019 to 2023. From 2024 to 2028, the market is expected to grow at a CAGR of 14.1%, increasing from USD 8.81 billion in 2023 to USD 17.31 billion by 2028.

This report offers a detailed, data-centric analysis of prepaid payment instruments, including spending through prepaid cards and digital wallets across retail and corporate segments. It also provides insights into consumer behavior and retail spending dynamics in South Africa, with over 100 KPIs at the country level.

Key Areas Covered

  1. Market Dynamics:
    • Size and structure, industry trends, consumer attitudes, and competitive landscape.
  2. Digital Wallet Segments:
    • Value, volume, and average value per transaction in retail, travel, entertainment, gaming, restaurants, and bill payment.
  3. Open Loop and Closed Loop Prepaid Cards:
    • Market estimates and forecasts for 12 segments.
    • Key KPIs: number of cards, transactions, load value, and transaction value.
  4. Virtual Prepaid Cards:
    • Transaction value analysis across 12 categories.
  5. Market Share Analysis:
    • Analysis of key players in the prepaid card market.
  6. Consumer Attitude and Behavior:
    • Proprietary survey results detailing spend by age, gender, and income level.
  7. Retail Spend:
    • Detailed insights on consumer behavior across 11 categories.

Detailed Segmentation

South Africa Prepaid Payment Instrument Market Size and Forecast

  • Transaction value and volume trends
  • Average value per transaction

South Africa Digital Wallet Market Size and Forecast

  • By key segments: retail, travel, entertainment, gaming, restaurants, and bill payments

South Africa Prepaid Card Industry Market Attractiveness

  • Open loop vs. closed loop cards
  • Transaction value, volume, and average value trends
  • Market share analysis

Prepaid Card Consumer Usage Trends

  • By age group, income group, and gender

Retail Categories for Prepaid Card Spend

  • Food and grocery, health and beauty, apparel, electronics, etc.

Specific Prepaid Card Market Segments

  • General purpose, gift cards, entertainment, teen and campus, business expenses, payroll, meal, travel forex, transit and tolls, healthcare, social security, fuel, and utilities.

Virtual Prepaid Card Market Size and Growth Dynamics

  • Analysis by key categories

For more information about this report, visit ResearchAndMarkets.com.


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