Malaysia Cards & Payments Market Examined & Forecast by Timetric in In-demand Report Published at MarketPublishers.com04 Sep 2014 • by Natalie Aster
LONDON – Between 2009 and 2013, the payment card instrument in Malaysia posted positive growth at a 7.09% CAGR; and in the end of 2013 there were 50.5 million cards in circulation in Malaysia. As for terms of transaction value, the country’s payment cards valued around USD 128.2 billion (MYR 402.9 billion) in 2013, after witnessing a 6.87% CAGR during 2009-2013. The key factors driving growth in the Malaysian cards and payments market include, among others, improved banking infrastructure in the country, robust economic performance, novel product developments, increasing acceptance of card-based payments on public transport and at POS terminals. At present, Malaysia has one of the highest card penetrations in the APAC region, with approximately five cards per individual.
Furthermore, the country’s payment cards instrument is predicted to grow at a nearly 3.34% CAGR in the next five years.
In-demand research report “Malaysia's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape” worked out by Timetric offers a holistic view of the current scenario in the country’s cards and payments market. Besides, it contains a wealthy set of valuable information on the historical, present and forecast performance of the cards and payments market in Malaysia.
The study is a trustworthy source of updated information on the cards and payments industry in Malaysia. It gives access to current and projected values for the country’s industry, defines the domestic market attractiveness, delves deep into the main market segments and also points out the promising growth areas. The comprehensive report includes an all-encompassing summary of the major market resistors, drivers, threats and opportunities; scrutinizes the regulative framework, provides an extensive examination of Malaysia consumers’ attitudes and preferences. Furthermore, the report draws up a clear picture of the competitive landscape and unveils vital data on the leading companies, offers a snapshot of the main marketing strategies used to sell prepaid, charge, debit and credit cards in Malaysia. Additionally, detailed market 5-year future outlook is at hand in the in-demand study.
Malaysia's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
Published: August, 2014
Price: US$ 3,995.00
More in-demand research reports by the publisher can be found at Timetric page.