Europe Virtual Cards Market Size, Share & Industry Trends Analysis Report By Product Type (B2B, B2C and C2B), By Card Type (Credit and Debit), By Application (Business Use and Consumer Use), By Country and Growth Forecast, 2022 - 2028

The Europe Virtual Cards Market would witness market growth of 18.5% CAGR during the forecast period (2022-2028).

Virtual banks operate around the clock, unlike conventional banks that have set office hours, simply to be available for an international business anytime customers need them. Users can quickly complete the transactions online to run a business as efficiently as possible without even having to waste time traveling to a real branch. All it takes is a few simple taps on a phone, laptop, or iPad. Additionally, customers can also establish an account in real-time without waiting the customary 7 or 14 business days. The single-issued also frees up the A/P departments to work on more crucial financial issues, allowing B2B customers to concentrate on their company.

When dealing with payments to suppliers or vendors, cash flow might become a little complicated when the customer is attempting to make the payments prior to a specific timeframe. However, with virtual cards, users can monitor the available funds using the information the system provides. As a result, the internal transparency and effectiveness of the payment process can be improved. Additional features include granting virtual cards to certain individuals, such as suppliers or vendors of their choice, and maintaining order and cleanliness at all transaction sources.

Digitalization is spreading in the region at a significant pace. In addition, governments within regional countries are also accelerating their efforts in order to bring more digitalization into their economy. People's lives are transforming due to digital technology. By making this shift beneficial to both individuals and companies, the EU hopes to meet its goal of having a climate-neutral Europe by 2050. The European Commission is determined to make this the Decade of Digital in Europe. With a strong focus on data, technology, and infrastructure, Europe is now reinforcing its digital sovereignty and defining norms rather than adopting those of others. Therefore, the growth of the regional market would stimulate.

The Germany market dominated the Europe Virtual Cards Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,278.7 million by 2028. The UK market is witnessing a CAGR of 17.5% during (2022 - 2028). Additionally, The France market would register a CAGR of 19.3% during (2022 - 2028).

Based on Product Type, the market is segmented into B2B, B2C and C2B. Based on Card Type, the market is segmented into Credit and Debit. Based on Application, the market is segmented into Business Use and Consumer Use. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Virtual Cards Market will Hit $37.5 Billion by 2028, at a CAGR of 19.1%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mastercard, Inc., American Express Kabbage Inc., JPMorgan Chase & Co., Stripe, Inc., Adyen N.V., BTRS Holdings Inc., Wise Payments Limited, Marqeta Inc., Skrill USA, Inc., and Wex, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Product Type

• B2B
• B2C
• C2B

By Card Type

• Credit
• Debit

By Application

• Business Use
• Consumer Use

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

• Mastercard, Inc.
• American Express Kabbage Inc.
• JPMorgan Chase & Co.
• Stripe, Inc.
• Adyen N.V.
• BTRS Holdings Inc.
• Wise Payments Limited
• Marqeta Inc.
• Skrill USA, Inc.
• Wex, Inc.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Virtual Cards Market, by Product Type
1.4.2 Europe Virtual Cards Market, by Card Type
1.4.3 Europe Virtual Cards Market, by Application
1.4.4 Europe Virtual Cards Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Oct – 2022, Jun) Leading Players

Chapter 4. Europe Virtual Cards Market by Product Type
4.1 Europe B2B Market by Country
4.2 Europe B2C Market by Country
4.3 Europe C2B Market by Country

Chapter 5. Europe Virtual Cards Market by Card Type
5.1 Europe Credit Market by Country
5.2 Europe Debit Market by Country

Chapter 6. Europe Virtual Cards Market by Application
6.1 Europe Business Use Market by Country
6.2 Europe Consumer Use Market by Country

Chapter 7. Europe Virtual Cards Market by Country
7.1 Germany Virtual Cards Market
7.1.1 Germany Virtual Cards Market by Product Type
7.1.2 Germany Virtual Cards Market by Card Type
7.1.3 Germany Virtual Cards Market by Application
7.2 UK Virtual Cards Market
7.2.1 UK Virtual Cards Market by Product Type
7.2.2 UK Virtual Cards Market by Card Type
7.2.3 UK Virtual Cards Market by Application
7.3 France Virtual Cards Market
7.3.1 France Virtual Cards Market by Product Type
7.3.2 France Virtual Cards Market by Card Type
7.3.3 France Virtual Cards Market by Application
7.4 Russia Virtual Cards Market
7.4.1 Russia Virtual Cards Market by Product Type
7.4.2 Russia Virtual Cards Market by Card Type
7.4.3 Russia Virtual Cards Market by Application
7.5 Spain Virtual Cards Market
7.5.1 Spain Virtual Cards Market by Product Type
7.5.2 Spain Virtual Cards Market by Card Type
7.5.3 Spain Virtual Cards Market by Application
7.6 Italy Virtual Cards Market
7.6.1 Italy Virtual Cards Market by Product Type
7.6.2 Italy Virtual Cards Market by Card Type
7.6.3 Italy Virtual Cards Market by Application
7.7 Rest of Europe Virtual Cards Market
7.7.1 Rest of Europe Virtual Cards Market by Product Type
7.7.2 Rest of Europe Virtual Cards Market by Card Type
7.7.3 Rest of Europe Virtual Cards Market by Application

Chapter 8. Company Profiles
8.1 Mastercard, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Product Launches and Product Expansions:
8.1.4.3 Acquisition and Mergers:
8.2 American Express Kabbage Inc. (American Express Company)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Partnerships, Collaborations, and Agreements:
8.3 JPMorgan Chase & Co. (Wepay, Inc.)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Recent strategies and developments:
8.3.4.1 Partnerships, Collaborations, and Agreements:
8.3.4.2 Product Launches and Product Expansions:
8.3.4.3 Acquisition and Mergers:
8.4 Stripe, Inc.
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Partnerships, Collaborations, and Agreements:
8.4.2.2 Acquisition and Mergers:
8.4.2.3 Geographical Expansions:
8.5 Adyen N.V.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Product Launches and Product Expansions:
8.6 BTRS Holdings Inc. (Billtrust)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental Analysis
8.6.4 Research & Development Expenses
8.7 Wise Payments Limited
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.7.4.2 Geographical Expansions:
8.8 Marqeta, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Research & Development Expenses
8.8.4 Recent strategies and developments:
8.8.4.1 Partnerships, Collaborations, and Agreements:
8.9 Skrill USA, Inc. (PaySafe Ltd.)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.10. WEX, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Recent strategies and developments:
8.10.4.1 Partnerships, Collaborations, and Agreements:
8.10.4.2 Acquisition and Mergers:
8.10.4.3 Geographical Expansions:

TABLE 1 Europe Virtual Cards Market, 2018 - 2021, USD Million
TABLE 2 Europe Virtual Cards Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Virtual Cards Market
TABLE 4 Product Launches And Product Expansions – Virtual Cards Market
TABLE 5 Acquisition and Mergers – Virtual Cards Market
TABLE 6 Geographical Expansions – Virtual Cards Market
TABLE 7 Europe Virtual Cards Market by Product Type, 2018 - 2021, USD Million
TABLE 8 Europe Virtual Cards Market by Product Type, 2022 - 2028, USD Million
TABLE 9 Europe B2B Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe B2B Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe B2C Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe B2C Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe C2B Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe C2B Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Virtual Cards Market by Card Type, 2018 - 2021, USD Million
TABLE 16 Europe Virtual Cards Market by Card Type, 2022 - 2028, USD Million
TABLE 17 Europe Credit Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Credit Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Debit Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Debit Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Virtual Cards Market by Application, 2018 - 2021, USD Million
TABLE 22 Europe Virtual Cards Market by Application, 2022 - 2028, USD Million
TABLE 23 Europe Business Use Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Business Use Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Consumer Use Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Consumer Use Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Virtual Cards Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Virtual Cards Market by Country, 2022 - 2028, USD Million
TABLE 29 Germany Virtual Cards Market, 2018 - 2021, USD Million
TABLE 30 Germany Virtual Cards Market, 2022 - 2028, USD Million
TABLE 31 Germany Virtual Cards Market by Product Type, 2018 - 2021, USD Million
TABLE 32 Germany Virtual Cards Market by Product Type, 2022 - 2028, USD Million
TABLE 33 Germany Virtual Cards Market by Card Type, 2018 - 2021, USD Million
TABLE 34 Germany Virtual Cards Market by Card Type, 2022 - 2028, USD Million
TABLE 35 Germany Virtual Cards Market by Application, 2018 - 2021, USD Million
TABLE 36 Germany Virtual Cards Market by Application, 2022 - 2028, USD Million
TABLE 37 UK Virtual Cards Market, 2018 - 2021, USD Million
TABLE 38 UK Virtual Cards Market, 2022 - 2028, USD Million
TABLE 39 UK Virtual Cards Market by Product Type, 2018 - 2021, USD Million
TABLE 40 UK Virtual Cards Market by Product Type, 2022 - 2028, USD Million
TABLE 41 UK Virtual Cards Market by Card Type, 2018 - 2021, USD Million
TABLE 42 UK Virtual Cards Market by Card Type, 2022 - 2028, USD Million
TABLE 43 UK Virtual Cards Market by Application, 2018 - 2021, USD Million
TABLE 44 UK Virtual Cards Market by Application, 2022 - 2028, USD Million
TABLE 45 France Virtual Cards Market, 2018 - 2021, USD Million
TABLE 46 France Virtual Cards Market, 2022 - 2028, USD Million
TABLE 47 France Virtual Cards Market by Product Type, 2018 - 2021, USD Million
TABLE 48 France Virtual Cards Market by Product Type, 2022 - 2028, USD Million
TABLE 49 France Virtual Cards Market by Card Type, 2018 - 2021, USD Million
TABLE 50 France Virtual Cards Market by Card Type, 2022 - 2028, USD Million
TABLE 51 France Virtual Cards Market by Application, 2018 - 2021, USD Million
TABLE 52 France Virtual Cards Market by Application, 2022 - 2028, USD Million
TABLE 53 Russia Virtual Cards Market, 2018 - 2021, USD Million
TABLE 54 Russia Virtual Cards Market, 2022 - 2028, USD Million
TABLE 55 Russia Virtual Cards Market by Product Type, 2018 - 2021, USD Million
TABLE 56 Russia Virtual Cards Market by Product Type, 2022 - 2028, USD Million
TABLE 57 Russia Virtual Cards Market by Card Type, 2018 - 2021, USD Million
TABLE 58 Russia Virtual Cards Market by Card Type, 2022 - 2028, USD Million
TABLE 59 Russia Virtual Cards Market by Application, 2018 - 2021, USD Million
TABLE 60 Russia Virtual Cards Market by Application, 2022 - 2028, USD Million
TABLE 61 Spain Virtual Cards Market, 2018 - 2021, USD Million
TABLE 62 Spain Virtual Cards Market, 2022 - 2028, USD Million
TABLE 63 Spain Virtual Cards Market by Product Type, 2018 - 2021, USD Million
TABLE 64 Spain Virtual Cards Market by Product Type, 2022 - 2028, USD Million
TABLE 65 Spain Virtual Cards Market by Card Type, 2018 - 2021, USD Million
TABLE 66 Spain Virtual Cards Market by Card Type, 2022 - 2028, USD Million
TABLE 67 Spain Virtual Cards Market by Application, 2018 - 2021, USD Million
TABLE 68 Spain Virtual Cards Market by Application, 2022 - 2028, USD Million
TABLE 69 Italy Virtual Cards Market, 2018 - 2021, USD Million
TABLE 70 Italy Virtual Cards Market, 2022 - 2028, USD Million
TABLE 71 Italy Virtual Cards Market by Product Type, 2018 - 2021, USD Million
TABLE 72 Italy Virtual Cards Market by Product Type, 2022 - 2028, USD Million
TABLE 73 Italy Virtual Cards Market by Card Type, 2018 - 2021, USD Million
TABLE 74 Italy Virtual Cards Market by Card Type, 2022 - 2028, USD Million
TABLE 75 Italy Virtual Cards Market by Application, 2018 - 2021, USD Million
TABLE 76 Italy Virtual Cards Market by Application, 2022 - 2028, USD Million
TABLE 77 Rest of Europe Virtual Cards Market, 2018 - 2021, USD Million
TABLE 78 Rest of Europe Virtual Cards Market, 2022 - 2028, USD Million
TABLE 79 Rest of Europe Virtual Cards Market by Product Type, 2018 - 2021, USD Million
TABLE 80 Rest of Europe Virtual Cards Market by Product Type, 2022 - 2028, USD Million
TABLE 81 Rest of Europe Virtual Cards Market by Card Type, 2018 - 2021, USD Million
TABLE 82 Rest of Europe Virtual Cards Market by Card Type, 2022 - 2028, USD Million
TABLE 83 Rest of Europe Virtual Cards Market by Application, 2018 - 2021, USD Million
TABLE 84 Rest of Europe Virtual Cards Market by Application, 2022 - 2028, USD Million
TABLE 85 key Information – Mastercard, Inc.
TABLE 86 Key Information – American Express Kabbage Inc.
TABLE 87 key information – JPMorgan Chase & Co.
TABLE 88 Key information – Stripe, inc.
TABLE 89 Key Information – Adyen N.V.
TABLE 90 Key Information – BTRS Holdings Inc.
TABLE 91 Key Information – Wise Payments Limited
TABLE 92 Key Information – Marqeta, Inc.
TABLE 93 Key Information – Skrill Usa, Inc.
TABLE 94 Key Information – WEX, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Oct – 2022, Jun) Leading Players
FIG 5 Recent strategies and developments: Mastercard, Inc.
FIG 6 Recent strategies and developments: JPMorgan Chase & Co.
FIG 7 Recent strategies and developments: Stripe, Inc.
FIG 8 Recent strategies and developments: Wex, Inc.