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The economic reforms introduced by the Pakistani government during the review period (20092013) had a positive impact on the countrys GDP growth rate. This rate increased from 2.8% in 2009 to 6.1% in 2013; a trend that is expected to continue over the forecast period (20142018). The improved economic conditions are expected to positively impact the countrys cards and payments industry. For more information : http://bit.ly/1xxuP21
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Category : Financial-Services Browse Complete Report –http://www.aarkstore.com/financial-services/83502/pakistans-cards-and-payments-industry-emerging-opportunities-trends-size-drivers-strategies-products-and-competitive-landscape Pakistans Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape Click here an avail Discount offer on Market Research reports: http://www.aarkstore.com/discount.php .
Summary The report provides top-level market analysis, information and insights on Pakistan's cards and payments industry, including: Current and forecast values for each category of Pakistan's cards and payments industry, including debit cards, credit cards and prepaid cards Comprehensive analysis of the industrys market attractiveness and future growth areas Analysis of various market drivers and regulations governing Pakistan's cards and payments industry Detailed analysis of the marketing strategies adopted for selling debit, credit and prepaid cards used by banks and other institutions in the market Comprehensive analysis of consumer attitudes and buying preferences for cards The competitive landscape of Pakistan's cards and payments industry .
Synopsis The economic reforms introduced by the Pakistani government during the review period (20092013) had a positive impact on the countrys GDP growth rate. This rate increased from 2.8% in 2009 to 6.1% in 2013; a trend that is expected to continue over the forecast period (20142018). The improved economic conditions are expected to positively impact the countrys cards and payments industry. Pakistani payment cards (including debit and credit cards) registered a positive growth during the review period, recording a compound annual growth rate (CAGR) of 25.93%, and increasing from 9.2 million cards in circulation in 2009 to 23.1 million by the end of 2013. In terms of transaction value, payment cards valued PKR1.9 trillion (US$18.8 billion) in 2013, after registering a review-period CAGR of 24.37%. With the development of alternative delivery channels, the launch of biometric ATMs and the availability of fund transfer facilities online and at ATM terminals, banks are able to reach a large volume of the population. Furthermore, the improvement in banking infrastructure, the development of the new products, government initiatives and stable economic conditions are all factors which led to the growth of payment cards. .
Key Highlights Pakistani payment cards (including debit and credit cards) registered a positive growth during the review period, recording a compound annual growth rate (CAGR) of 25.93%, and increasing from 9.2 million cards in circulation in 2009 to 23.1 million by the end of 2013. In terms of transaction value, payment cards valued PKR1.9 trillion (US$18.8 billion) in 2013, after registering a review-period CAGR of 24.37%. The average transaction value (ATV) in Pakistan was US$93.0, which is the ninth-largest among the other Asia-Pacific countries. China recorded the highest ATV, with US$302.4, followed by Taiwan (US$251.1), Kazakhstan (US$199.7), Hong Kong (US$184.6), Singapore (US$148.5), Thailand (US$148.2), Malaysia (US$140.1) and Australia (US$98.9). Pakistan ranked fifteenth in terms of the card penetration rate compared to the other Asia-Pacific countries, with 0.12 cards per inhabitant. Pakistan ranked sixteenth among the other Asia-Pacific countries in the frequency of use of payment cards, with 8.7 transactions per card. .
Reasons To Buy • Make strategic business decisions using top-level historic and forecast market data related to Pakistan's cards and payments industry and each market within it. • Understand the key market trends and growth opportunities within Pakistan's cards and payments industry. • Assess the competitive dynamics in Pakistan's cards and payments industry. • Gain insights in to the marketing strategies used for selling various card types in Pakistan. • Gain insights into key regulations governing Pakistan's cards and payments industry. .
Table Of Content 1 Key Facts and Top Events 2 Executive Summary 3 Payment Instruments 3.1 Current Payments Environment 3.2 Alternative Payment Instruments 3.2.1 Click2Pay 3.2.2 Skrill 3.2.3 ClickandBuy 3.2.4 PayPal 3.2.5 Payza 3.2.6 WebMoney 4 Market Attractiveness and Future Prospects of Cards and Payments 5 Analysis of Cards and Payments Industry Drivers 5.1 Demographic Drivers 5.2 Economic Drivers 5.3 Infrastructure Drivers 5.4 Business Drivers 6 Emerging Consumer Attitudes and Trends .
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Pakistans Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape Published: Dec 2014 : 64 Pages The economic reforms introduced by the Pakistani government during the review period (20092013) had a positive impact on the countrys GDP growth rate. This rate increased from 2.8% in 2009 to 6.1% in 2013; a trend that is expected to continue over the forecast period (20142018). .