Chile Cards & Payments Market Analyzed & Forecast in New Comprehensive Timetric Report Published at MarketPublishers.com28 Jan 2014 • by Natalie Aster
LONDON – The card payments channel in Chile registered a 15.8% CAGR during 2008-2012, and in 2012, the number of cards in circulation in the country reached 29.7 million. The national card payments channel is predicted to witness a 7.16% CAGR in the next four years. The prepaid cards segment is likely to record the highest
CAGR (10.83%) through to 2017, and capture just over 33% of the country’s card payment channel in terms of volume by 2017.
Currently, the debit card segment accounts for over half of the volume of cards in circulation in Chile. Debit cards’ market share is poised to decline to around 47.2% owing to the emergence of prepaid cards, especially those used for making retail purchases in supermarkets and department stores. The debit card segment is anticipated to experience a 5.67% CAGR during 2014-2017.
New research report “Chile's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape” worked out by Timetric offers an insightful overview of the national cards and payments industry.
The topical study contains an extensive analysis of the Chilean cards and payments industry landscape, covers the regulative framework, and also uncovers historical and present industry estimates. It delves deep into the market segmentation and discloses important information on the performance of separate industry categories. The report determines the industry attractiveness and pinpoints the most promising future growth areas; characterizes the main market drivers and restraints, highlights the competitive scenario, reviews the major market players and describes the key strategies implemented by the institutions active in the local market. A detailed future forecast of the national cards and payments market is provided, too.
Chile's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
Published: January, 2014
Price: US$ 3,995.00
Other New Market Research Studies by Timetric Include:
- Sweden's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
- Travel and Tourism in Ireland to 2017
More new market research reports by the publisher can be found at Timetric page.