Slovenia Cards and Payments – Opportunities and Risks to 2028

GlobalData’s ‘Slovenia Cards and Payments: Opportunities and Risks to 2028' report provides detailed analysis of market trends in the Slovenian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry including cash, cards, credit transfers, direct debits and cheques during the review-period (2019-23e).

The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2024f–28f). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.

The report brings together GlobalData’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies and recent changes in regulatory structure.

GlobalData’s ‘Slovenia Cards and Payments: Opportunities and Risks to 2028' report provides top-level market analysis, information and insights into the Slovenian cards and payments industry, including –
– Current and forecast values for each market in the Slovenian' cards and payments industry, including debit, credit and charge cards.
– Detailed insights into payment instruments including cash, cards, credit transfers, direct debits and cheques. It also, includes an overview of the country's key alternative payment instruments.
– Ecommerce market analysis.
– Analysis of various market drivers and regulations governing the Slovenian cards and payments industry.
– Detailed analysis of strategies adopted by banks and other institutions to market debit, credit and charge cards.
– Comprehensive analysis of consumer attitudes and buying preferences for cards.
– The competitive landscape of the Slovenian cards and payments industry.

Slovenia Cards and Payments Market Dynamics

The emergence of digital-only banks will drive growth in the Slovenia payment card market. For instance, in February 2021, digital-only bank N26 launched the N26 Standard bank account with no monthly charges where account holders are offered both virtual and physical N26 debit cards. Meanwhile, digital-only bank Revolut offers Standard, Premium, and Metal accounts in the country, with debit cards associated with each account.

To capitalize on the growing number of payment cards, international fintechs are entering the Slovenian payments market. The UK-based payment solutions provider SumUp offers the SumUp Air card reader, which can be used to accept payments via chip-based cards and contactless cards, as well as mobile-based contactless payments. Similarly, SumUp also offers SumUp Solo terminals which is designed to accept contactless card payments and payments via mobile wallets.

Slovenia Cards and Payments Market Segmentation by Payment Instruments

The key payment instruments in the Slovenia cards and payments market are cash, cards, credit transfers, direct debits, and cheques. Slovenian consumers prefer to pay in cash, mainly for low-value transactions. For this purpose, cash was the major payment instrument in 2022, followed by cards and credit transfers.

Slovenia Cards and Payments Market Analysis by Payment Instruments, 2022 (%)

For more payment instrument insights into the Slovenia cards and payments market, download a free report sample

Slovenia Cards and Payments Market Segments

The key segments in the Slovenia cards and payments market are card-based payments, e-commerce payments, and alternative payments.

Slovenia Cards and Payments Market - Competitive Landscape

Some of the leading players in the Slovenia cards and payments market are NLB, Nova KBM, Intesa Sanpaolo Bank, OTP Bank, Abanka, Société Générale Group, Mastercard, and Visa.

Slovenia Cards and Payments Market Report Overview

Segments Covered in the Report 

Slovenia Cards and Payments Instruments Outlook (Value, $ Billion, 2018-2026)

• Cash
• Cards
• Credit Transfers
• Direct Debits
• Cheques

Slovenia Cards and Payments Market Segments Outlook (Value, $ Billion, 2018-2026)

• Card-Based Payments
• E-Commerce Payments
• Alternative Payments

Scope

• Flik was launched in Slovenia in April 2020. It was developed by 15 Slovenian commercial and savings banks, in co-operation with national payment processor Bankart. Flik allows users to make P2P fund transfers between customers of member banks using the recipient’s phone number or email address, as well as consumer-to-business transfers at partner merchants. As of March 2024, Flik is accepted by over 2,500 merchants and service providers in Slovenia. The payment system was created in line with the SCT Inst system.

• Digital-only banks are launching new products, helping drive payment card usage in the country. For instance, in June 2023, Revolut launched a new account for premium customers. The Ultra account includes a platinum-plated Mastercard debit card and benefits such as free airport lounge access, global medical insurance, and personal liability insurance.

• Contactless cards are gaining traction, driving payment card transaction value and volume. As per GlobalData’s Payment Cards Analytics, there were 3.7 million contactless payment cards in Slovenia as of 2023e, with this figure set to reach 4.3 million by 2028f. The availability of contactless payments within transport networks is helping to boost usage. In November 2023, Ljubljana Passenger Transport installed contactless payment terminals on the city’s buses enabling commuters to make payments using Mastercard and Visa cards, Urbana city cards, and mobile wallets.

Reasons to Buy

GlobalData’s ‘Slovenia Cards and Payments: Opportunities and Risks to 2028' report provides top-level market analysis, information and insights into the Slovenian cards and payments industry, including –

• Make strategic business decisions, using top-level historic and forecast market data, related to the Slovenian cards and payments industry and each market within it.

• Understand the key market trends and growth opportunities in the Slovenian cards and payments industry.

• Assess the competitive dynamics in the Slovenian cards and payments industry.

• Gain insights into marketing strategies used for various card types in Slovenia.

• Gain insights into key regulations governing the Slovenian' cards and payments industry.