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Slovakia's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape

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Market Research Reports, Inc. has announced the addition of “Slovakia's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape” …

Market Research Reports, Inc. has announced the addition of “Slovakia's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape” research report to their offering. See more at- http://mrr.cm/Zf9

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  • 1. www.MarketResearchReports.com Category : Banking & Finance All logos and Images mentioned on this slide belong to their respective owners.
  • 2. www.MarketResearchReports.com Introduction to Report  Launch Date: May 19, 2014  Number Of Pages: 97  Geography Coverage: Slovakia  Available Format: PDF Price For Single User License: USD 3,995 Price For Single User License: USD 7,990 Price For Global User License: USD 11,985 Delivery Time: Within 24 Hours (During Working Days)
  • 3. www.MarketResearchReports.com About the Report The Slovak economy remained resilient to the European sovereign debt crisis due to a sound banking system and prudent government spending. Ongoing government reforms in education, training, the labor market, taxation and infrastructure are likely to spur economic growth over the forecast period (2014–2019), which will have a direct impact on the Slovak cards and payments industry. In terms of overall payment channels, credit transfers held the highest channel share of 85.3% in 2013, followed by direct debits with 12.4%. With consumers shifting to modern electronic payment systems, the channel share of card transactions increased from 1.4% in 2009 to 2.2% in 2013.
  • 4. www.MarketResearchReports.com Research Findings The Slovak card payments channel grew both in terms of volume and value during the review period (2009–2013). In terms of the number of cards in circulation, the channel increased from 5.1 million in 2009 to 5.7 million in 2013, during the review period at a compound annual growth rate (CAGR) of 2.83%. Over the forecast period, the card payments channel is anticipated to register a CAGR of 2.37% to reach 6.5 million cards by the end of 2018. In terms of transaction value, the card payments channel posted a review-period CAGR of 6.32%, rising from EUR16.5 billion (US$22.9 billion) in 2009 to EUR21.0 billion (US$27.9 billion) in 2013.
  • 5. www.MarketResearchReports.com Research Findings Continues… The channel is expected to post a forecast-period CAGR of 3.97%, increasing EUR22.1 billion (US$29.8 billion) in 2014 to EUR25.8 billion (US$36.3 billion) in 2018. In terms of the number of cards in circulation, the channel increased from 5.1 million in 2009 to 5.7 million in 2013, during the review period at a compound annual growth rate (CAGR) of 2.83%. Over the forecast period, the card payments channel is anticipated to register a CAGR of 2.37% to reach 6.5 million cards by the end of 2018. In terms of transaction value, the card payments channel posted a review-period CAGR of 6.32%, rising from EUR16.5 billion (US$22.9 billion) in 2009 to EUR21.0 billion (US$27.9 billion) in 2013.
  • 6. www.MarketResearchReports.com Research Findings Continues… The channel is expected to post a forecast-period CAGR of 3.97%, increasing EUR22.1 billion (US$29.8 billion) in 2014 to EUR25.8 billion (US$36.3 billion) in 2018. Slovak consumers are generally quick to adopt new payment technologies, and with the introduction of mobile contactless payments by MasterCard in 2008, the value of mobile payments (m-payments) grew to reach EUR26.2 million (US$34.7 million) in 2013. With their popularity still growing, m-payments are anticipated to record a CAGR of 74.48% to reach EUR402.0 million (US$566.3 million) in 2018. E-commerce registered a review-period CAGR of 28.35%, rising from EUR218.0 million (US$302.9 million) in 2009 to EUR591.7 million (US$784.4 million) in 2013.
  • 7. www.MarketResearchReports.com Report Covered: Executive Summary Analysis of Market Environment, Key Trends and Drivers Cards and Payments Industry Share Analysis Regulatory Framework and Card Fraud Statistics Emerging Consumer Attitudes and Trends Analysis of Card Payments and Growth Prospects Analysis of Credit Card Payments and Growth Prospects Analysis of Debit Card Payments and Growth Prospects Analysis of Charge Card Payments and Growth Prospects Analysis of Prepaid Card Payments and Growth Prospects Merchant Acquiring Company Profiles of Card Issuers Appendix
  • 8. www.MarketResearchReports.com Companies Covered 1. Tatra Banka 2. Slovenská sporiteľňa 3. Československá Obchodní Banka 4. Sberbank Slovakia 5. VUB Banka 6. MasterCard 7. Visa For more details regarding Report coverage see the last slide All logos and Images mentioned on this slide belong to their respective owners.
  • 9. www.MarketResearchReports.com Custom Research:  Are you an industry professional, entrepreneur, venture capitalist, investors and organization, then let us know your specific research requirements. Our goal is to cater to your requirements be it for a custom market research project, syndicated research report on a specific market or industry sector, newsletter creation, case study development or anything else related to marketing research. For Any Customization Related query Visit IdeaCenter @ http://www.marketresearchreports.com/idea-center
  • 10. www.MarketResearchReports.com How To Buy This Report? Visit following URL to see Table of Content and purchase this publication: http://mrr.cm/Zf9 About Market Research Reports, Inc. Market Research Reports provides a customized set of reports from reputed Publishers, built on the intelligence available within organizations and leverages on our motto of “Intelligence Redefined”. Contact : Amitava Sen Email : info@marketresearchreports.com Phone: +1 302-703-7787 (USA) +91-8762746600 (India)