South Africa’s Cards and Payments Market - Key Trends and Opportunities
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South Africa’s Cards and Payments Market - Key Trends and Opportunities

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The Report “South Africa’s Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape″ by Timetric is now available at ...

The Report “South Africa’s Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape″ by Timetric is now available at RnRMarketResearch.com. Contact sales@rnrmarketresearch.com with “South Africa’s Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape″ in subject line and your contact details to purchase this report or get your questions answered.
Synopsis
The report provides top-level market analysis, information and insights into South Africa’s cards and payments industry, including:
• Current and forecast values for each category of South Africa’s cards and payments industry, including debit cards, credit cards and prepaid cards
• Comprehensive analysis of the industry’s market attractiveness and future growth areas
• Analysis of various market drivers and regulations governing South Africa’s cards and payments industry
• Detailed analysis of the marketing strategies adopted for selling debit, credit and prepaid cards used by banks and other institutions in the market
• Comprehensive analysis of consumer attitudes and buying preferences for cards
• The competitive landscape of South Africa’s cards and payments industry
Summary
The South African card payments channel registered growth during the review period (2009-2013). The number of cards in circulation recorded a review-period CAGR of 17.60%. The country’s positive economic outlook, the demand for more sophisticated prepaid and charge card products and the growth of online shopping supported the growth of the card payments channel. Over the forecast period (2014?2018), the channel is expected to increase at a CAGR of 7.60%, as consumers move away from cash payments. During the review period, the South African card payments channel grew in both volume and value terms. In terms of the volume of cards in circulation, debit cards accounted for the largest channel share of 58.0% in 2013, followed by prepaid cards with 26.0%. The main contributor to the growth of prepaid cards was a rise in demand for open-loop prepaid cards among the unbanked population. Technological developments were a key factor in the growth of the card payments channel in South Africa during the review period. Mini automatic teller machines (ATMs) were introduced by First National Bank, while mobile ATMs and wireless point of sale (POS) terminals were introduced by other national and foreign banks. With the increasing adoption of smartphones, handset manufacturers are promoting near-field communication (NFC) technology. However, retailers and banks in South Africa require clearly defined security benefits and cost-reductions before they will adopt NFC on a large scale.
Request Sample copy of this report @ http://www.rnrmarketresearch.com/contacts/request-sample?rname=149905 .

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South Africa’s Cards and Payments Market - Key Trends and Opportunities South Africa’s Cards and Payments Market - Key Trends and Opportunities Presentation Transcript

  • South Africa’s Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape by Timetric Explore all reports for “ Credit Card ” market @ http://www.rnrmarketresearch.com/reports/businessfinancial-services/financial-services/credit-card . © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  • South Africa’s Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape Synopsis •The report provides top-level market analysis, information and insights into South Africa’s cards and payments industry, including: •Current and forecast values for each category of South Africa’s cards and payments industry, including debit cards, credit cards and prepaid cards •Comprehensive analysis of the industry’s market attractiveness and future growth areas •Analysis of various market drivers and regulations governing South Africa’s cards and payments industry •Detailed analysis of the marketing strategies adopted for selling debit, credit and prepaid cards used by banks and other institutions in the market •Comprehensive analysis of consumer attitudes and buying preferences for cards •The competitive landscape of South Africa’s cards and payments industry Inquire for Discount @ http://www.rnrmarketresearch.com/contacts/discount?rname=149905 . © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  • South Africa’s Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape Summary The South African card payments channel registered growth during the review period (2009-2013). The number of cards in circulation recorded a review-period CAGR of 17.60%. The country’s positive economic outlook, the demand for more sophisticated prepaid and charge card products and the growth of online shopping supported the growth of the card payments channel. Over the forecast period (2014?2018), the channel is expected to increase at a CAGR of 7.60%, as consumers move away from cash payments. During the review period, the South African card payments channel grew in both volume and value terms. In terms of the volume of cards in circulation, debit cards accounted for the largest channel share of 58.0% in 2013, followed by prepaid cards with 26.0%. The main contributor to the growth of prepaid cards was a rise in demand for open-loop prepaid cards among the unbanked population. Technological developments were a key factor in the growth of the card payments channel in South Africa during the review period. Mini automatic teller machines (ATMs) were introduced by First National Bank, while mobile ATMs and wireless point of sale (POS) terminals were introduced by other national and foreign banks. With the increasing adoption of smartphones, handset manufacturers are promoting near-field communication (NFC) technology. However, retailers and banks in South Africa require clearly defined security benefits and cost-reductions before they will adopt NFC on a large scale. Complete Report Available @ http://www.rnrmarketresearch.com/south-africas-cards-and-payments-industry-emergingopportunities-trends-size-drivers-strategies-products-and-competitive-landscape-marketreport.html . © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  • South Africa’s Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape Scope •This report provides a comprehensive analysis of South Africa’s cards and payments industry. •It provides current values for South Africa’s cards and payments industry for 2013, and forecast figures for the period up to 2018. •It details the different economic, infrastructural and business drivers affecting South Africa’s cards and payments industry. •It outlines the current regulatory framework in the industry. •It details the marketing strategies used by various banks and other institutions. •It profiles the major banks in South Africa’s cards and payments industry. Buy a copy of report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=149905 . © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  • South Africa’s Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape Reasons To Buy •Make strategic business decisions using top-level historic and forecast market data related to South Africa’s cards and payments industry and each market within it. •Understand the key market trends and growth opportunities within South Africa’s cards and payments industry. •Assess the competitive dynamics in South Africa’s cards and payments industry. •Gain insights in to the marketing strategies used for selling various card types in South Africa. •Gain insights into key regulations governing South Africa’s cards and payments industry. Request Sample copy of this report @ http://www.rnrmarketresearch.com/contacts/request-sample?rname=149905 . © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  • South Africa’s Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape For more details contact Mr. Priyank Tiwari: sales@rnrmarketresearch.com / +18883915441 RnR Market Research RnRMarketResearch.com, an online repository of market research reports, offers in-depth analysis of over 5000 market segments. RnR Market Research library has syndicated reports by leading market research publishers across the globe. © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441