Bulgarias Cards and Payments Industry: Emerging Opportunitie

1. Bulgarias Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products

2. Synopsis • ●The global economic crisis in 2009-2010 had a severe effect on the Bulgarian economy, with gross domestic product (GDP) contracting by 5.5% in 2009. • ● The Bulgarian government and World Bank entered into a memorandum of understanding (MoU) in January 2012 in response. • ● This represented an important step taken by the country’s government to draw on the World Bank’s expertise in developing and implementing strategies and programs to revive the country’s economy. • ● GDP grew by 0.9% in 2013, and is anticipated to rise to 3.0% in 2018, which will be beneficial for Bulgaria’s cards and payments industry over the forecast period (2014-2018). • Access The Full Report On: :http://www.bigmarketresearch.com/bulgarias-cards-and-payments-industry-emerging-opportunities-trends-size-drivers-strategies-products-and-competitive-landscape-market

3. Scope Scope ● This report provides a comprehensive analysis of Bulgaria’s cards and payments industry. ● It provides current values for Bulgaria’s cards and payments industry for 2013, and forecast figures for 2018. ● It details the different economic, infrastructural and business drivers affecting Bulgaria’s cards and payments industry. ● It outlines the current regulatory framework in the industry. ● It details the marketing strategies used by various banks and other institutions. ● It profiles major banks in Bulgaria’s cards and payments industry.

4. Summary Summary The report provides top-level market analysis, information and insights into Bulgaria's cards and payments industry, including: ● Current and forecast values for each category of Bulgaria's cards and payments industry, including debit cards, credit cards and prepaid cards ● Comprehensive analysis of the industry’s market attractiveness and future growth areas ● Analysis of various market drivers and regulations governing Bulgaria's cards and payments industry ● Detailed analysis of 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 Bulgaria's cards and payments industry

5. Key Highlights ● Bulgarian payment cards (including debit and credit cards) registered positive growth during the review period (2009-2013), recording a compound annual growth rate (CAGR) of 2.08%, and increasing from 7.7 million cards in circulation in 2009 to 8.5 million in 2013. ● In terms of transaction value, payment cards valued BGN15.1 billion (US$10.7 billion) in 2013, after registering a review-period CAGR of 7.33%. ● Rising consumer awareness for electronic payments and the adoption of advanced technologies such as contactless cards and EMV technology contributed towards the growth in payment cards during the review period, in terms of transaction value, volume and the number of cards in circulation.

6. Table of Contents: 1 Key Facts and Top Events 2 Executive Summary 3 Payment Instruments 4 Market Attractiveness and Future Prospects of Cards and Payments 5 Analysis of Cards and Payments Industry Drivers 6 Emerging Consumer Attitudes and Trends 7 Payment Cards 8 Debit Cards 9 Credit Cards 10 Commercial Cards 11 Regulations in the Cards and Payments Industry 12 Card Fraud Statistics 13 Card Issuers 14 Card Schemes 15 Prepaid Cards 16 Appendix To Get More Details Enquire @ http://www.bigmarketresearch.com/report-enquiry/178725

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