Emerging Opportunities in Taiwans Cards and Payments Industry
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Emerging Opportunities in Taiwans Cards and Payments Industry

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The Taiwanese card payments channel demonstrated moderate growth during the review period. In terms of number of cards in circulation, the channel grew at a CAGR of 2.41% to reach 119.0 million in ...

The Taiwanese card payments channel demonstrated moderate growth during the review period. In terms of number of cards in circulation, the channel grew at a CAGR of 2.41% to reach 119.0 million in 2012. Robust banking infrastructure in the country and a shift towards cashless transactions by consumers contributed to the growth of the channel during the review period. Card volume is expected to grow at a CAGR of 2.49% over the forecast period, to reach 135.8 million in 2017. In terms of transaction value, the card payments channel declined from TWD12.6 trillion (US$400.1 billion) in 2008 to TWD10.6 trillion (US$356.8 billion) in 2012, at a review-period CAGR of -4.34%.

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Emerging Opportunities in Taiwans Cards and Payments Industry Emerging Opportunities in Taiwans Cards and Payments Industry Document Transcript

  • Emerging Opportunities in Taiwans Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape Synopsis The report provides market analysis, information and insights into Taiwan's cards and payments market, including: Current and forecast values for each category of Taiwan's cards and payments industry including debit cards, credit cards, prepaid cards and charge cards Comprehensive analysis of the industry’s market attractiveness and future growth areas Analysis of various market drivers and regulations governing Taiwan's cards and payments industry Detailed analysis of the marketing strategies adopted for selling debit, credit, charge and prepaid cards used by various bankers and other institutions in the market Comprehensive analysis of consumer attitudes and their buying preferences for cards Competitive landscape of Taiwan's cards and payments industry Executive summary The Taiwanese card payments channel demonstrated moderate growth during the review period. In terms of number of cards in circulation, the channel grew at a CAGR of 2.41% to reach 119.0 million in 2012. Robust banking infrastructure in the country and a shift towards cashless transactions by consumers contributed to the growth of the channel during the review period. Card volume is expected to grow at a CAGR of 2.49% over the forecast period, to reach 135.8 million in 2017. In terms of transaction value, the card payments channel declined from TWD12.6 trillion (US$400.1 billion) in 2008 to TWD10.6 trillion (US$356.8 billion) in 2012, at a review-period CAGR of -4.34%. This was due to a 27.2% decline in card transaction value in 2009 due to the global financial crisis. While card transaction value has recovered and shown positive growth since 2010, it is yet to reach pre-recession levels. It is expected to grow from TWD11.0 trillion (US$373.0 billion) in 2013 to TWD13.2 trillion (US$447.6 billion) in 2017, at a forecast-period CAGR of 4.65%. In 2012, debit cards dominated the card payments channel with a 68.5% share, followed by credit cards with 29.2%. Scope This report provides a comprehensive analysis of Taiwan's cards and payments industry It provides current values for Taiwan's cards and payments industry for 2012 and forecast figures for 2017 It details the different macroeconomic, infrastructural, consumer and business drivers affecting Taiwan's cards and payments industry It outlines the current regulatory framework in the industry It details the marketing strategies used by various bankers and other institutions It profiles the major banks in Taiwan's cards and payments industry Reasons to buy Make strategic business decisions using historic and forecast market data related to Taiwan's cards and payments industry and each market within it Understand the key market trends and growth opportunities within Taiwan's cards and payments industry Assess the competitive dynamics in Taiwan's cards and payments industry Gain insights into the marketing strategies used for selling various types of cards in Taiwan Gain insights into key regulations governing Taiwan's cards and payment industry Key highlights The Taiwanese card payments channel demonstrated moderate growth during the review period. In terms of number of cards in circulation, the channel grew at a CAGR of 2.41% to reach 119.0 million in 2012. The Emerging Opportunities in Taiwans Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La
  • total population of Taiwan at the end of 2012 was 23.4 million and the number of cards in the country was 119.0 million, suggesting an average of five cards per person. In Taiwan, mobile commerce, gifts, entertainment, online purchases and travel hold positive growth potential and are expected to drive growth in the debit, credit and prepaid cards categories. In early 2013, Visa Taiwan announced that all major banks in Taiwan are planning to issue debit cards that support payWave technology by the end of 2013. Similarly, MasterCard entered into a partnership with leading banks in the country to issue contactless cards. table Of Contents 1 Executive Summary 2 Market Attractiveness And Future Prospects Of The Cards And Payments Industry 3 Analysis Of Taiwan's Cards And Payments Industry Drivers 3.1 Infrastructure Drivers 3.1.1 Growth In Atms And Pos Terminals 3.1.2 Growth Of Contactless Cards 3.1.3 Emergence Of Nfc-enabled Credit Cards 3.1.4 Increasing Internet Users 3.2 Business Drivers 3.2.1 Growth In E-commerce 3.2.2 Development Of M-payment Technology 3.2.3 Increasing Outbound Tourism 3.3 Economic Fundamentals 3.3.1 Stable Gdp Growth 3.3.2 Declining Inflation 3.3.3 Urban And Rural Populations 3.4 Card Fraud Statistics 3.5 Regulatory Framework 4 Emerging Consumer Attitudes And Trends 4.1 Industry Segmentation And Targeting 4.1.1 Retail Sector 4.1.2 Corporate Sector 4.2 Consumer Preference 4.2.1 Price 4.2.2 Services 4.2.3 Convenience 4.3 Online Buying Behavior Emerging Opportunities in Taiwans Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La
  • 5 Competitive Landscape And Industry Dynamics 5.1 Industry Share Analysis By Payment Channels 5.1.1 Credit Transfer 5.1.2 Direct Debit 5.1.3 Card Payments 5.1.4 Checks 5.2 Debit Cards Category Share 5.2.1 By Bank 5.2.2 By Scheme 5.3 Credit Cards Category Share 5.3.1 By Bank 5.3.2 By Scheme 5.4 Charge Cards Category Share 6 Strategies Adopted By Key Operators 6.1 Market Entry Strategies 6.2 Marketing And Product Strategy 6.2.1 Debit Cards 6.2.2 Credit Cards 6.3 Pricing Strategies 7 Size And Growth Potential Of The Card Payments Channel 7.1 Channel Share Analysis By Card Category 7.2 Size And Forecast Of The Card Payments Channel 7.2.1 Analysis By Number Of Cards 7.2.2 Analysis By Transaction Value 7.2.3 Analysis By Transaction Volume 7.3 Debit Cards Category Size And Forecast 7.3.1 Analysis By Number Of Cards 7.3.2 Analysis By Transaction Value 7.3.3 Analysis By Transaction Volume 7.3.4 Other Key Performance Indicators 7.4 Prepaid Cards Category Size And Forecast 7.4.1 Analysis By Number Of Cards 7.4.2 Analysis By Segment - Open And Closed-loop Cards 7.4.3 Analysis By Transaction Value 7.5 Charge Cards Category Size And Forecast 7.5.1 Analysis By Number Of Cards 7.5.2 Analysis By Transaction Value Emerging Opportunities in Taiwans Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La
  • 7.5.3 Analysis By Number Of Transactions 7.5.4 Analysis By Frequency Of Use 7.6 Credit Cards Category Size And Forecast 7.6.1 Analysis By Number Of Cards 7.6.2 Analysis By Transaction Value 7.6.3 Analysis By Transaction Volume 7.6.4 Other Key Performance Indicators 8 Company Profiles, Products And Marketing Strategies 8.1 Citibank Taiwan 8.1.1 Strategies 8.1.2 Credit Cards Offered 8.2 Taiwan Cooperative Bank 8.2.1 Strategies 8.2.2 Credit Cards Offered 8.2.3 Debit Cards Offered 8.3 Hsbc Bank (taiwan) Limited 8.3.1 Strategies 8.3.2 Credit Cards Offered 8.3.3 Debit Cards Offered 9 Appendix 9.1 Methodology 9.2 Contact Us 9.3 About Timetric 9.4 Disclaimer ResearchMoz(http://www.researchmoz.us/) is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price. Contact: M/s Sheela, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 Emerging Opportunities in Taiwans Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La
  • USA - Canada Toll Free 866-997-4948 Email: sales@researchmoz.us Website: http://www.researchmoz.us/ Emerging Opportunities in Taiwans Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La