Slovenia Cards and Payments – Opportunities and Risks to 2028

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

Slovenia Cards and Payments Market Report Overview

The annual value of card transactions in the Slovenia cards and payments market was $12.2 billion in 2023 and the value will grow at a CAGR of more than 8% during 2024-2028. The country’s payments market is considered fast-developing because of the consistent surge in technological innovations and the launch of new banking and payment services. This is supported by government initiatives to improve banking penetration, increasing financial knowledge among citizens, and efforts by banks to promote electronic payments.

Slovenia Card Transactions Outlook, 2023-2028 ($ Billion)

Slovenia Card Transactions Outlook, 2023-2028 ($ Billion)

Buy the Full Report for More Information on the Slovenia Cards and Payments Market Forecast Download a Free Sample Report

The Slovenia cards and payments market research report provides a detailed analysis of market trends influencing the industry. It provides transaction values and volumes for several payment instruments for the review period. In addition, the Slovenia cards and payments market analysis offers information on the country’s competitive landscape, including market shares of issuers and schemes. The report also entails regulatory policy details and provides extensive coverage of any recent changes in the regulatory structure.

Annual Card Transactions Value (2023) $12.2 billion
CAGR (2024-2028) >8%
Forecast Period 2024-2028
Historical Period 2019-2023
Key Payment Instruments ·       Cash

·       Cards

·       Credit Transfers

·       Direct Debits

·       Cheques

Key Segments ·       Card-Based Payments

·       E-commerce Payments

·       Alternative Payments

Leading Players ·       PayPal

·       VALU

·       mBills

·       Google Wallet

·       Apple Pay

Enquire & Decide Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase.

Slovenia Cards and Payments Market Dynamics

Although cash accounts for over 40% of payment volume in Slovenia, consumers are increasingly embracing card-based payments. This trend is driven by the convenience of electronic payments, the availability of contactless technology, and a growing e-commerce market. Debit cards are the most popular card type and are increasingly being used for payments, as consumers are gradually switching to debit cards for low-value transactions. Furthermore, Slovenia’s e-commerce market rose significantly because of the proliferation of internet and smartphone penetration as well as online shopping events such as Black Friday and Cyber Monday.

Buy the Full Report to Get Additional Slovenia Cards and Payments Market Dynamics

 Download a Free Sample Report

Slovenia Cards and Payments Market Segmentation by Payment Instruments

Cash accounted for the highest transaction volume in 2023.

The key payment instruments in the Slovenia cards and payments market are cash, cards, credit transfers, direct debits, and cheques. Slovenians preferred to pay in cash mainly for low-value transactions. However, the share of cash transactions is gradually decreasing as electronic payments grow in popularity (especially among younger generations) amid improving payments infrastructure.

Slovenia Cards and Payments Market Analysis by Payment Instruments (Volume Terms), 2023 (%)

Slovenia Cards and Payments Market Analysis by Payment Instruments (Volume Terms), 2023 (%)

Buy the Full Report for More Payment Instrument Insights into the Slovenia Cards and Payments Market

 Download a Free Sample Report

Slovenia Cards and Payments Market Segments

Debit cards dominated the payment card market in 2023

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

Card-Based Payments: While cash remains the preferred payment tool, payment cards are gaining traction. Moreover, the growing preference for electronic payments, improving payment infrastructure, and the rising adoption of contactless technology will drive growth in the payment card market over 2024f–28f.

Buy the Full Report for More Market Segment Insights into the Slovenia Cards and Payments Market

 Download a Free Sample Report

Slovenia Cards and Payments Market - Competitive Landscape

A few of the leading players in the Slovenia cards and payments market are:

  • PayPal
  • VALU
  • mBills
  • Google Wallet
  • Apple Pay

PayPal: It is a money transfer and e-commerce payment provider, which allows users to transfer money from their bank account to their PayPal account to make online payments without the need for bank cards. The major advantage is that the financial information of the buyer is not shared with the seller.

Slovenia Cards and Payments Market Analysis by Players, 2023

Slovenia Cards and Payments Market Analysis by Players, 2023

Buy the Full Report to Know More about the Players in the Slovenia Cards and Payments Market  Download a Free Sample Report

Slovenia Cards and Payments Market – Latest Developments

  • In March 2023, the European real-time gross settlement system T2 was launched in the country, replacing the previously used TARGET2 system. Meanwhile, to facilitate instant domestic transfers between bank accounts, the Flik instant payment system was launched in April 2020.
  • 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.

Segments Covered in the Report

Slovenia Cards and Payments Instruments Outlook (Value, $ Billion, 2019-2027)

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

Slovenia Cards and Payments Market Segments Outlook (Value, $ Billion, 2019-2027)

  • 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

  • Make strategic business decisions, using top-level historical 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.

NLB
Nova KBM
Intesa Sanpaolo Bank
OTP Bank
UniCredit Bank
DBS dd
Abanka
Société Générale Group
Mastercard
Visa

Table of Contents

Executive Summary

Market Overview

Payment Instruments

Card-Based Payments

Ecommerce Payments

Alternative Payments

Payment Innovations

Job Analysis

Payment Infrastructure and Regulation

Appendix

Frequently asked questions

Slovenia Cards and Payments – Opportunities and Risks to 2028 standard reports
Currency USD
$2,750

Can be used by individual purchaser only

$8,250

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company


Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

Sample Report

Slovenia Cards and Payments – Opportunities and Risks to 2028 was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS

Related reports

View more Payments reports
Financial Services
New
India Wealth Management - High Net Worth (HNW) Investors
$1,295 | May 2024
Financial Services
New
Chile PESTLE Insights - A Macroeconomic Outlook Report
$500 | May 2024
Financial Services
New
Japan PESTLE Insights - A Macroeconomic Outlook Report
$500 | May 2024
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Slovenia Cards and Payments – Opportunities and Risks to 2028 in real time.

  • Access a live Slovenia Cards and Payments – Opportunities and Risks to 2028 dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.