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The United Arab Emirates Cards and Payments Industry

The UAE card payments channel grew both in terms of volume and value during the review period (2009?2013). In terms of the number of cards in circulation, the channel increased from 10.3 million in 2009 to 18.2 million in 2013, at a review-period compound annual growth rate (CAGR) of 15.31%. Over the forecast period (2014?2018), the card payments channel is anticipated to register a CAGR of 8.57%, to reach 28.4 million cards in 2018. See More: http://tinyurl.com/pk6uqm9

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