Virtual Cards

Virtual Cards: Consumer & Business Adoption, Competitive Analysis & Market Size 2020-2025

Juniper Research’s Virtual Cards market size research evaluates the prospects and challenges ahead for this innovative technology; highlighting best use cases and business models, as well as examining the impact of regulation on the expanding market.

Our latest Virtual Cards trends report provides a unique perspective on how virtual cards will evolve as the technology expands; examining key players and their strategies.  In addition, the Virtual Cards for business research outlines and evaluates new deployment possibilities for the sector.

The Virtual Cards research covers vital market segments, including:
  • B2B Virtual Cards
  • Consumer Remote Payment Virtual Cards
  • Consumer POS Virtual Cards
This research suite includes:
  • Market Trends & Vendor Strategies (PDF)
  • 5-year Market Sizing & Forecast Spreadsheet (Excel)
  • 12 months' access to harvest online data platform


Key Features

  • Market Landscape: Assessment of the impact of COVID-19 and other macro trends that will affect the future of the virtual cards ecosystem.
  • Impact Assessment & Value Chain Analysis: Evaluation of how virtual cards will disrupt a range of industries, as well as changes needed to meet the specific challenges of each industry, including analysis of each component of the value chain and the best business models for the sector.
  • Regulatory Discussion: Examination of the regulation currently in place, and likely to come into force in future, that will affect virtual cards and how they can be deployed, in a range of developed and emerging markets.
  • Virtual Cards Leaderboard: Analyses 19 key technology companies with the potential to shape the future of virtual card provision, including commentary on each player’s strategy.
  • Benchmark Industry Forecasts: Market segment forecasts for key virtual card verticals, including:
    • B2B Virtual Cards
    • Consumer Remote Payment Virtual Cards
    • Consumer POS Virtual Cards

Key Questions

  1. Where will virtual cards have their biggest success?
  2. What regulations will affect the space in the future?
  3. What are the obstacles for virtual card deployment?
  4. Who are the leading players in the virtual card space, and what are their strategies?
  5. How will virtual cards be used in the consumer sector?

Companies Referenced

Case Studied: Curve.
Included in Juniper Research Leaderboard: Abine, AirPlus, Apple, Barclaycard, Capital One, Conferma Pay, Finexio, Flutterwave, iCard, JAGGAER, JP Morgan Chase, Marqeta, Mineraltree, Oxigen Wallet,, Revolut.
Mentioned: Bank of America, Central Bank of Brazil, Corporate Spending Innovation, Discover Financial Services, DiviPay, Emburse, EMVCo, Fraedom, Goldman Sachs, Mastercard, PayPal, Plaid, Rambus, RBL Bank, Riyadh Bank, UnionPay, Visa, Wirecard.

Data & Interactive Forecast

Juniper Research’s latest Virtual Cards forecast includes:
  • Regional splits for 8 key regions, as well as country-level data splits for:
    • Canada
    • China
    • Denmark
    • Germany
    • Japan
    • Norway
    • Portugal
    • Spain
    • Sweden
    • UK
    • US
  • Consumer virtual cards forecasts, including:
    • Adoption
    • Usage
    • Average transaction size
    • Total transaction value
    • Derived revenue, for both remote and POS-based transactions
  • B2B virtual card forecasts, including:
    • Average transaction size
    • Total transaction value and derived revenue, for finance, healthcare, fleet and other industry usage
  • Access to the full set of forecast data of 82 tables and over 9,000 datapoints.
  • Interactive Excel Scenario tool allowing users the ability to manipulate Juniper Research’s data for 26 different metrics.
Juniper Research’s highly granular IFxls (Interactive Excels) enable clients to manipulate our forecast data and charts to test their own assumptions using the Interactive Scenario Tool, and compare select markets side by side in customised charts and tables. greatly increase clients’ ability to both understand a particular market and to integrate their own views into the model.

Virtual Cards Reports


Full Research Suite

Virtual Cards full research suite comprises:

  • Virtual Cards PDF report
  • Interactive Forecast IFXL spreadsheet
  • 12 months' access to Virtual Cards data updates in harvest - find out more

Click here for more information and purchase options

Jun 2020




PDF & Excel Report

Virtual Cards full report and forecasts only, comprising:

  • Virtual Cards PDF report
  • Interactive Forecast IFXL spreadsheet

Click here for more information and purchase options

Jun 2020




Research Details

Juniper Research
James Moar
Fintech & Payments
8 Key Regions - includes North America, Latin America, West Europe, Central & East Europe, Far East & China, Indian Subcontinent, Rest of Asia Pacific and Africa & Middle East
Canada, China, Denmark, Germany, Japan, Norway, Portugal, Spain, Sweden, UK, USA

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