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Press Releases from PayNXT360 (353 total)

Based on the Estimates of PayNXT360, the Gift Card Market in Germany is Projecte …

According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 14.1% on annual basis to reach US$ 13312.0 million in 2022. Despite near-term challenges in 2022, medium to long term growth story of gift cards in Germany remains strong. The gift card industry in Germany is expected to grow steadily in H1 2022 and record a strong growth in H2

PayNXT360 Expects the Greece Gift Card Market to Record a CAGR Growth of 8.0% Fr …

Gift card market in 2021 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially

According to PayNXT360's Analysis, the Gift Card Industry in India Expected to R …

According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 20.4% on annual basis to reach US$ 6672.4 million in 2022. Despite near-term challenges in 2022, medium to long term growth story of gift cards in India remains strong. The gift card industry in India is expected to grow steadily in H1 2022 and record a strong growth in H2

The Gift Card Industry in Indonesia is Expected to Increase From US$1594.6 milli …

According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 13.3% on annual basis to reach US$ 1807.4 million in 2022. Despite near-term challenges in 2022, medium to long term growth story of gift cards in Indonesia remains strong. The gift card industry in Indonesia is expected to grow steadily in H1 2022 and record a strong growth in H2

PayNXT360 Expects the Gift Card Market in Ireland to Record a CAGR Growth of 6.7 …

Gift card market in 2021 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially

According to the Analysis of PayNXT360, the Israel Gift Card Industry is Expecte …

According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 11.2% on annual basis to reach US$ 1090.5 million in 2022. Despite near-term challenges in 2022, medium to long term growth story of gift cards in Israel remains strong. The gift card industry in Israel is expected to grow steadily in H1 2022 and record a strong growth in H2

Based on PayNXT360's Estimates, the Gift Card Industry in Italy is Projected to …

According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 8.8% on annual basis to reach US$7024.5 million in 2022. Despite near-term challenges in 2022, medium to long term growth story of gift cards in Italy remains strong. The gift card industry in Italy is expected to grow steadily in H1 2022 and record a strong growth in H2 2022.

PayNXT360 Expects the Japan Gift Card Market to Record a CAGR Growth of 7.5% Dur …

According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 10.7% on annual basis to reach US$ 20188.0 million in 2022. Despite near-term challenges in 2022, medium to long term growth story of gift cards in Japan remains strong. The gift card industry in Japan is expected to grow steadily in H1 2022 and record a strong growth in H2

According to PayNXT360's Analysis, the Gift Card Industry in Kenya is Projected …

Gift card market in 2021 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially

The Gift Card Market in Malaysia is Expected to Grow by 16.4% on Annual Basis in …

Gift card market in 2021 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially

PayNXT360 Projects the Mexico Gift Card Industry to Increase From US$2868.9 mill …

According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 12.4% on annual basis to reach US$ 3224.1 million in 2022. Despite near-term challenges in 2022, medium to long term growth story of gift cards in Mexico remains strong. The gift card industry in Mexico is expected to grow steadily in H1 2022 and record a strong growth in H2

The Netherlands Gift Card Market is Expected to Grow at CAGR of 5.8% During 2022 …

Gift card market in 2021 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially

According to PayNXT360's Analysis, the Gift Card Industry in Nigeria is Forecast …

Gift card market in 2021 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially

The Gift Card Industry is Norway is Expected to Increase from US$809.1 million i …

Gift card market in 2021 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially

According to PayNXT360's Analysis, the Philippines Gift Card Market is Projected …

Gift card market in 2021 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially

The Poland Gift Card Industry is Projected to Record a CAGR Growth of 8.2% Durin …

Gift card market in 2021 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially

Based on PayNXT360's Analysis, the Prepaid Card Industry in Russia is Projected …

Gift card market in 2021 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially

According to PayNXT360's Estimates, the Saudi Arabian Gift Card Market is Expect …

According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 14.4% on annual basis to reach US$ 1429.9 million in 2022. Despite near-term challenges in 2022, medium to long term growth story of gift cards in Saudi Arabia remains strong. The gift card industry in Saudi Arabia is expected to grow steadily in H1 2022 and record a strong growth

The Gift Industry in Singapore is Expected to Grow at a CAGR of 9.5% During 2022 …

According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 11.7% on annual basis to reach US$ 1183.5 million in 2022. Despite near-term challenges in 2022, medium to long term growth story of gift cards in Singapore remains strong. The gift card industry in Singapore is expected to grow steadily in H1 2022 and record a strong growth in H2

PayNXT360 Expects the Gift Card Industry in South Africa to Grow at a CAGR of 13 …

According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 15.2% on annual basis to reach US$ 1074.3 million in 2022. Despite near-term challenges in 2022, medium to long term growth story of gift cards in South Africa remains strong. The gift card industry in South Africa is expected to grow steadily in H1 2022 and record a strong growth

The Gift Card Market in South Korea is Expected to Grow by 10.6% on Annual Basis …

Gift card market in 2021 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially

According to PayNXT360's Estimates, the Spain Gift Card Industry is Projected to …

Gift card industry in Spain has done well to withstand the impact of economic slowdown along with negative business and consumer sentiment due to disruption caused by Covid-19 outbreak. Historically, the gift card market in Spain has recorded a steady growth with a CAGR of 5.6% during 2017-2021. According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 8.4% on annual

The Switzerland Prepaid Card Industry is Expected to Reach US$ 2421.6 million by …

Gift card market in 2021 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially

PayNXT360 Expects the Taiwan Gift Card Market to Reach US$ 3392 million by 2026| …

Gift card market in 2021 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially

Based on PayNXT360 Estimates, the Gift Card in Thailand is Projected to Reach US …

According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 15.4% on annual basis to reach US$ 2103.8 million in 2022. Despite near-term challenges in 2022, medium to long term growth story of gift cards in Thailand remains strong. The gift card industry in Thailand is expected to grow steadily in H1 2022 and record a strong growth in H2

According to PayNXT360's Analysis, the Prepaid Card Industry in Argentina is Exp …

According to PayNXT360, the prepaid card market (value terms) in Argentina increased at a CAGR of 7.9% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 17.0%, increasing from US$6.08 billion in 2022 to reach US$11.39 billion by 2026. This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across

The Prepaid Card Market in Australia is Expected to Record a Strong CAGR Growth …

The Australian government proposed a range of new initiatives in December 2021. For instance, the government plans on inviting various businesses for registration under the Trusted Digital Identity Framework or participation in the Digital Identity System. This initiative will help businesses identify ways to benefit their business and customers and how and when they can participate in the system, which can further contribute to the governance and operation of the

Based on the Analysis of PayNXT360, the Prepaid Card Industry in Austria is Fore …

According to PayNXT360, the prepaid card market (value terms) in Austria increased at a CAGR of 10.8% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 10.7%, increasing from US$4.20 billion in 2022 to reach US$6.30 billion by 2026. This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across

According to the Estimates of PayNXT360, the Gift Card Market in Turkey is Expec …

According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 13.9% on annual basis to reach US$ 1752.5 million in 2022. Despite near-term challenges in 2022, medium to long term growth story of gift cards in Turkey remains strong. The gift card industry in Turkey is expected to grow steadily in H1 2022 and record a strong growth in H2

The United Arab Emirates Gift Card Industry is Projected to Record a Strong CAGR …

According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 13.9% on annual basis to reach US$ 1635.2 million in 2022. Despite near-term challenges in 2022, medium to long term growth story of gift cards in the United Arab Emirates (the UAE) remains strong. The gift card industry in the United Arab Emirates is expected to grow steadily in H1

According to PayNXT360's Analysis, the Gift Card Market in the United Kingdom is …

According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 10.3% on annual basis to reach US$ 9479.9 million in 2022. Despite near-term challenges in 2022, medium to long term growth story of gift cards in the United Kingdom remains strong. The gift card industry in the United Kingdom is expected to grow steadily in H1 2022 and record a

PayNXT360 Projects the Belgium Prepaid Card Industry to Record a CAGR of 10.3% F …

According to PayNXT360, the prepaid card market (value terms) in Belgium increased at a CAGR of 11.2% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 10.3%, increasing from US$4.66 billion in 2022 to reach US$6.91 billion by 2026. This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across

Over the Forecast Period of 2022 to 2026, the Prepaid Card Market in Brazil is E …

The Brazilian prepaid card market recorded significant growth in 2021. The global pandemic fueled this substantial growth in the prepaid card segment. With more people staying at home and resorting to e-commerce during the Covid-19 pandemic, the use of prepaid cards on online transactions surged significantly. Brazil witnessed a lot of fintech innovations which further enhanced the cashless payments in the country. With increasing digitalization in the payment system, the

The Prepaid Card Industry in Canada is Expected to Record a Steady CAGR Growth o …

The pandemic largely supported the rapid digital transformation of payment system in Canada. During this period many fintech companies implemented business strategies for the launch of innovative prepaid card solutions such as payroll cards, remittance cards, gift cards, etc., which have driven the prepaid card market in the country in 2021. PayNXT360 expects that this trend of launching innovative prepaid cards is to continue in the Canadian market in the

According to PayNXT360's Analysis, the United States Gift Card Market is Expecte …

According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 9.5% on annual basis to reach US$ 188832.7 million in 2022. Despite near-term challenges in 2022, medium to long term growth story of gift cards in the United States remains strong. The gift card industry in the United States is expected to grow steadily in H1 2022 and record a

PayNXT360 Expects the Sweden Gift Card Industry to Record a CAGR Growth of 6.4% …

According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 7.6% on annual basis to reach US$ 1509.8 million in 2022. Despite near-term challenges in 2022, medium to long term growth story of gift cards in Sweden remains strong. The gift card industry in Sweden is expected to grow steadily in H1 2022 and record a strong growth in H2

The Gift Card Industry in Vietnam is Expected to Reach US$ 1075.1 million by 202 …

Gift card industry in Vietnam has done well to withstand the impact of economic slowdown along with negative business and consumer sentiment due to disruption caused by Covid-19 outbreak. Historically, the gift card market in Vietnam has recorded a steady growth with a CAGR of 19.3% during 2016-2020. According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 19.3% on annual

Based on the Analysis of PayNXT360, the Chile Prepaid Card Industry is Projected …

According to PayNXT360, the prepaid card market (value terms) in Chile increased at a CAGR of 11.7% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 15.0%, increasing from US$4.49 billion in 2022 to reach US$7.87 billion by 2026. This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across

The Prepaid Card Market in China is Projected to Reach US$404.63 billion by 2026 …

According to PayNXT360, the prepaid card market (value terms) in China increased at a CAGR of 9.7% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 9.4%, increasing from US$282.11 billion in 2022 to reach US$404.63 billion by 2026. This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across

PayNXT360 Expects the Prepaid Card Industry in Colombia to Grow at a CAGR of 10. …

According to PayNXT360, the prepaid card market (value terms) in Colombia increased at a CAGR of 9.8% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 10.5%, increasing from US$3.38 billion in 2022 to reach US$5.03 billion by 2026. This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across

By 2026, the Gift Card Market in New Zealand is Forecasted to Reach US$ 1285.8 m …

Gift card market in 2021 was driven a wide range of factors, which supported growth across retail and corporate segments. The primary factors included growth of ecommerce, increased adoption to incentivize employees working remotely, digital gifting, and initiatives undertaken by government, hospitality, and travel industries to revive growth. Though the gift card market was impacted due to COVID-19, the market is expected to bounce back in the coming quarters, especially

PayNXT360 Projects the Gift Card Industry in Latin America to Grow at CAGR of 11 …

Gift card industry in Latin America has done well to withstand the impact of economic slowdown along with negative business and consumer sentiment due to disruption caused by Covid-19 outbreak. Historically, the gift card market in Latin America has recorded a steady growth with a CAGR of 11.7% during 2016-2020. According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 13.6%

The Africa and Middle East Gift Card Market is Projected to Grow by 14.1% on Ann …

Gift card industry in Africa and Middle East has done well to withstand the impact of economic slowdown along with negative business and consumer sentiment due to disruption caused by Covid-19 outbreak. Historically, the gift card market in Africa and Middle East has recorded a steady growth with a CAGR of 11.8% during 2016-2020. According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected

The Prepaid Card Industry in Denmark is Projected to Reach US$4.90 billion by 20 …

According to PayNXT360, the prepaid card market (value terms) in Denmark increased at a CAGR of 9.0% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 9.0%, increasing from US$3.47 billion in 2022 to reach US$4.90 billion by 2026. This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across

According to PayNXT360's Analysis, the Prepaid Card Market in Egypt is Expected …

According to PayNXT360, the prepaid card market (value terms) in Egypt increased at a CAGR of 14.9% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 16.2%, increasing from US$2.75 billion in 2022 to reach US$5.00 billion by 2026. This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across

In Finland, the Prepaid Card Industry is Expected to Record a Strong CAGR Growth …

According to PayNXT360, the prepaid card market (value terms) in Finland increased at a CAGR of 7.6% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 8.0%, increasing from US$3.22 billion in 2022 to reach US$4.38 billion by 2026. This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across

Over the Forecast Period of 2022 to 2026, the Gift Card Industry in Asia Pacific …

With the rising demand and favourable regulatory framework, the Asia-Pacific gift card market remained most attractive for global gift cards companies to expand their businesses in this region in 2021. Moreover, mergers and acquisitions along with fundraising activities increased in the gift card industry in the last four to six quarters. Historically, the gift card market in Asia Pacific has recorded a steady growth with a CAGR of 11.2% during

According to PayNXT360's Analysis, the European Gift Card Industry is Projected …

Gift card industry in Europe has done well to withstand the impact of economic slowdown along with negative business and consumer sentiment due to disruption caused by Covid-19 outbreak. Historically, the gift card market in Europe has recorded a steady growth with a CAGR of 8.6% during 2016-2020. According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 10.4% on annual

The Global Gift Card Market is Expected to Grow by 10.5% on Annual Basis to Reac …

Gift card industry in Global has done well to withstand the impact of economic slowdown along with negative business and consumer sentiment due to disruption caused by Covid-19 outbreak. Historically, the gift card market in Global has recorded a steady growth with a CAGR of 9.1% during 2016-2020. According to PayNXT360's Q4 2021 Global Gift Card Survey, gift card industry in the country is expected to grow by 10.5% on annual

According to PayNXT360's Analysis, the France Prepaid Card Market is Expected to …

According to PayNXT360, the prepaid card market (value terms) in France increased at a CAGR of 5.9% during 2017-2021. Over the forecast period of 2022 to 2026, the market is expected to record a CAGR of 6.6%, increasing from US$31.48 billion in 2022 to reach US$40.72 billion by 2026. This report provides a detailed data centric analysis of prepaid payment instruments, covering spend through prepaid cards and digital wallets across

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