Boston, MA -- (SBWIRE) -- 07/18/2014 -- The United Arab Emirates began a national migration to chip and pin debit cards in 2011, with all retailers switching to POS terminals in March 2012 that are compatible with chip and pin technology. The Central Bank initially imposed a deadline of 31 December 2012 for the upgrade of all debit cards to the chip and pin format. However, in mid-December National Bank of Abu Dhabi and Emirates NBD announced that they were not able to meet this deadline. While Emirates NBD had upgraded 85% of its...

Euromonitor International's Debit Transactions in United Arab Emirates report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

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Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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- Get a detailed picture of the Debit Transactions market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market's major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.

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