1 / 4

Cards and Payments Industry: Market Size, Trends and Drivers

The Indonesian cards and payments industry grew substantially both in volume and value terms during the review period. Transaction volumes increased from 1.3 billion in 2008 to 2.3 billion in 2012, at a CAGR of 16.7% during the review period.

rnrmarketresearch
Download Presentation

Cards and Payments Industry: Market Size, Trends and Drivers

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. RnR Market Research Offers “Emerging Opportunities in Indonesia’s Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape” Report at US$4495 (Single User License). The report got published in Nov 2012 and contains 97 Pages. • Synopsis • The report provides market analysis, information and insights into Indonesia’s cards and payments market, including:Current and forecast values for each segment of the Indonesian cards and payment market including debit cards, credit cards, prepaid cards and charge cardsComprehensive analysis of the industry’s market attractiveness and future growth areasAnalysis of various market drivers and regulations governing Indonesia’s cards and payment market • Get your copy of this report @ http://www.rnrmarketresearch.com/emerging-opportunities-in-indonesias-cards-and-payments-industry-market-size-trends-and-drivers-strategies-products-and-competitive-landscape-market-report.html

  2. Detailed analysis of the marketing strategies adopted for selling prepaid cards used by various bankers and other institutions in the marketComprehensive analysis of consumer attitudes and buying preferences for cardsCompetitive landscape of Indonesia’s cards and payments market • SummaryThe Indonesian cards and payments industry grew substantially both in volume and value terms during the review period. Transaction volumes increased from 1.3 billion in 2008 to 2.3 billion in 2012, at a CAGR of 16.7% during the review period. The industry grew at a CAGR of 19.3% during the review period from IDR846.8 trillion (US$84.6 billion) in 2008 to IDR1,715.1 trillion (US$188. 6 billion) in 2012 and is anticipated to grow at a CAGR of 10.7% over the forecast period (2013?2017), from IDR2,024.2 trillion (US$22.6 billion) in 2013 to IDR3,039.8 trillion (US$334.4 billion) in 2017. Debit cards dominated the industry with a market share of 57.7% in 2012, followed by prepaid, credit and charge cards with respective shares of 29.4%, 12.6% and 0.4%. Banks and card issuers in Indonesia have introduced several new technologies to increase levels of consumer convenience. For example, with the introduction of contactless technology, customers can make payments for small value purchases in seconds. Indonesian mobile operators are also making efforts to establish the required infrastructure for near field communication (NFC) technology through which customers can make purchases via their mobile phones.

  3. Key HighlightsBanks and card issuers in Indonesia have introduced several new technologies to increase levels of consumer convenience. For example, with the introduction of contactless technology, customers can make payments for small value purchases in seconds.Indonesian mobile operators are also making efforts to establish the required infrastructure for near field communication (NFC) technology through which customers can make purchases via their mobile phones. Banks are migrating to Europay, MasterCard and Visa (EMV) cards in order to provide enhanced security features to customers.Indonesian banks have been expanding their payment infrastructure during the review period. Banks have been expanding their networks of automatic teller machines (ATMs) in order to develop their business. The number of ATMs installed in Indonesia increased significantly during the review period, rising from 21,000 units in 2008 to 28,800 units in 2012 and recording a CAGR of 8.23%. Indonesia’s central bank, Bank Indonesia, has introduced new regulations for the credit card category, according to which it has placed a cap on the interest rates charged by banks on credit cards. Bank Indonesia has also set the minimum monthly income at IDR3 million and the maximum credit limit available at three times this rate.

  4. Reasons To BuyMake strategic business decisions using historic and forecast market data related to Indonesia’s cards and payments market and each market within itUnderstand the key market trends and growth opportunities within Indonesia’s cards and payments marketAssess the competitive dynamics in Indonesia’s cards and payments marketGain insights into the marketing strategies used for selling various types of cards in IndonesiaGain insights into key regulations governing Indonesia’s cards and payment market • For more details contact Mr. PriyankTiwari: sales@rnrmarketresearch.com / +18883915441 Website: http://www.rnrmarketresearch.com/

More Related