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

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  • 1. Emerging Opportunities in Indonesias Cards and PaymentsIndustry: Market Size, Trends and Drivers, Strategies, Productsand Competitive LandscapeReport Details:Published:November 2012No. of Pages: 97Price: Single User License – US$4495SynopsisThe report provides market analysis, information and insights into Indonesias cards andpayments market, including:• Current and forecast values for each segment of the Indonesian cards and payment marketincluding 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 Indonesias cards and paymentmarket• Detailed analysis of the marketing strategies adopted for selling prepaid cards used by variousbankers and other institutions in the market• Comprehensive analysis of consumer attitudes and buying preferences for cards• Competitive landscape of Indonesias cards and payments marketSummaryThe Indonesian cards and payments industry grew substantially both in volume and value termsduring the review period. Transaction volumes increased from 1.3 billion in 2008 to 2.3 billion in2012, at a CAGR of 16.7% during the review period. The industry grew at a CAGR of 19.3%during the review period from IDR846.8 trillion (US$84.6 billion) in 2008 to IDR1,715.1 trillion(US$188. 6 billion) in 2012 and is anticipated to grow at a CAGR of 10.7% over the forecast period(20132017), from IDR2,024.2 trillion (US$22.6 billion) in 2013 to IDR3,039.8 trillion (US$334.4billion) in 2017. Debit cards dominated the industry with a market share of 57.7% in 2012, followedby prepaid, credit and charge cards with respective shares of 29.4%, 12.6% and 0.4%. Banks andcard issuers in Indonesia have introduced several new technologies to increase levels ofconsumer convenience. For example, with the introduction of contactless technology, customerscan make payments for small value purchases in seconds. Indonesian mobile operators are alsomaking efforts to establish the required infrastructure for near field communication (NFC)technology through which customers can make purchases via their mobile phones. Banks are
  • 2. migrating to Europay, MasterCard and Visa (EMV) cards in order to provide enhanced securityfeatures to customers. EMV cards store customer data on a chip in an encrypted format which hasled to increased EMV adoption in several regions across the world. With increased securityfeatures banks are intending to offer cards that can be used in any geographical location withoutany security issues. The introduction of these new technologies is expected to compel customersto carry advanced and secure card payment solutions.Scope• This report provides a comprehensive analysis of the Indonesian cards and payments market• It provides current values for Indonesias cards and payments market for 2012 and forecastfigures for 2017• It details the different macroeconomic, infrastructural, consumer and business drivers affectingIndonesias 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 Indonesias cards and payments marketReasons To Buy• Make strategic business decisions using historic and forecast market data related to Indonesiascards and payments market and each market within it• Understand the key market trends and growth opportunities within Indonesias cards andpayments market• Assess the competitive dynamics in Indonesias cards and payments market• Gain insights into the marketing strategies used for selling various types of cards in Indonesia• Gain insights into key regulations governing Indonesias cards and payment marketKey Highlights• Banks and card issuers in Indonesia have introduced several new technologies to increaselevels of consumer convenience. For example, with the introduction of contactless technology,customers can make payments for small value purchases in seconds.• Indonesian mobile operators are also making efforts to establish the required infrastructure fornear field communication (NFC) technology through which customers can make purchases viatheir mobile phones. Banks are migrating to Europay, MasterCard and Visa (EMV) cards in orderto provide enhanced security features to customers.• Indonesian banks have been expanding their payment infrastructure during the review period.Banks have been expanding their networks of automatic teller machines (ATMs) in order todevelop their business. The number of ATMs installed in Indonesia increased significantly duringthe review period, rising from 21,000 units in 2008 to 28,800 units in 2012 and recording a CAGRof 8.23%.• Indonesia’s central bank, Bank Indonesia, has introduced new regulations for the credit cardcategory, according to which it has placed a cap on the interest rates charged by banks on creditcards. Bank Indonesia has also set the minimum monthly income at IDR3 million and themaximum credit limit available at three times this rate.
  • 3. Get your copy of this report @http://www.reportsnreports.com/reports/207489-emerging-opportunities-in-indonesias-cards-and-payments-industry-market-size-trends-and-drivers-strategies-products-and-competitive-landscape.htmlMajor points covered in Table of Contents of this report includeTable of Contents1 Executive Summary2 Market Attractiveness and Future Prospects of Cards and Payments Industry3 Analysis of Indonesia Cards and Payments Market Drivers3.1 Infrastructure Drivers3.1.1 Complete migration to EMV technology3.1.2 Contactless and NFC payments3.1.3 Increasing penetration of internet and smartphone users3.1.4 Growing investments in ATMs and POS3.2 Business Drivers3.2.1 Expansion of retail sector3.2.2 Increase in competition3.2.3 Increasing prepaid card penetration3.2.4 High levels of tourist expenditure3.2.5 Transportation card3.3 Other Growth Drivers3.3.1 Increasing acceptance of financial cards among consumers3.3.2 Financial education to create awareness3.3.3 Per capita annual disposable income3.3.4 Positive job market3.3.5 Urban vs rural population3.4 Card Fraud Statistics3.5 Regulatory Framework4 Emerging Consumer Attitudes and Trends4.1 Market Segmentation and Targeting4.1.1 Retail customers4.1.2 Corporate customers4.2 Consumer Preference4.2.1 Price4.2.2 Convenience4.2.3 Services4.3 Online Buying Behaviour4.4 Preferred Payment Methods5 Competitive Landscape and Industry Dynamics5.1 Market Share Analysis by Payment Channels5.1.1 Overview of payment channels5.1.2 Credit transfer5.1.3 Cards payments
  • 4. 5.1.4 Checks5.2 Debit Cards Market Share5.2.1 By bank5.2.2 By Scheme5.3 Credit Cards Market Share5.3.1 By bank5.3.2 By Scheme5.4 Charge Cards Market Share5.4.1 By card type6 Strategies Adopted by Key Players6.1 Market Entry Strategies6.2 Marketing / Product Strategy6.2.1 Debit cards6.2.2 Credit cards6.2.3 Prepaid cards6.3 Pricing Strategies7 Market Size and Growth Potential of Payment Card Industry7.1 Market Share Analysis by Type of Card7.2 Total Market Size and Forecast of Card Industry7.2.1 Analysis by number of cards7.2.2 Analysis by transaction value7.2.3 Analysis by transaction volume7.3 Debit Card Market Size and Forecast7.3.1 Analysis by number of cards7.3.2 Analysis by transaction value7.3.3 Analysis by transaction volume7.3.4 Other key performance indicators7.4 Prepaid Card Market Size and Forecast7.4.1 Analysis by number of cards7.4.2 Analysis by segments – open and closed-loop cards7.4.3 Analysis by transaction value7.5 Charge Card Market Size and Forecast7.5.1 Analysis by number of cards7.5.2 Analysis by transaction value7.5.3 Analysis by transaction volume7.6 Credit Card Market Size and Forecast7.6.1 Analysis by number of cards7.6.2 Analysis by transaction value7.6.3 Analysis by transaction volume7.6.4 Other key performance indicators8 Company Profiles, Product, and Marketing Strategies8.1 PT Bank Internasional Indonesia
  • 5. 8.1.1 Strategies8.1.2 Credit cards offered8.1.3 Debit cards offered8.1.4 Financial performance8.2 Bank Danamon Indonesia8.2.1 Strategies8.2.2 Credit card offered8.2.3 Debit cards offered8.2.4 Financial performance8.3 Bank Central Asia8.3.1 Strategies8.3.2 Debit card offered8.3.3 Prepaid cards offered8.3.4 Financial performance8.4 Bank Mandiri8.4.1 Strategies8.4.2 Credit Cards offered8.4.3 Debit cards offered8.4.4 Prepaid cards offered8.4.5 Financial performance9 Appendix9.1 Methodology9.2 Definitions9.3 Contact Us9.4 About Timetric9.4.1 Our Approach9.5 Services9.6 DisclaimerList of TablesTable 1: Retail Sales Value in Indonesia (IDR Trillion), 2007–2016Table 2: Retail Sales Value in Indonesia (US$ Billion), 2007–2016Table 3: Indonesia Payment Channels (IDR Million), 2008–2012Table 4: Market Entry Strategy of Foreign Banks in IndonesiaTable 5: Indonesia Cards Market by Type of Card (Number in Thousands), 2008–2017Table 6: Indonesia Cards Market Size by Volume (Thousands), 2008–2017Table 7: Indonesia Cards Market Size by Transaction Value (IDR Million), 2008–2017Table 8: Indonesia Cards Market Size by Transaction Value (US$ Million), 2008–2017Table 9: Indonesia Cards Market Size by Transaction Volume (Million), 2008–2017Table 10: Indonesia Debit Card Category Market Size (Thousands), 2008–2017Table 11: Indonesia Debit Card Category Market Size (IDR Million), 2008–2017Table 12: Indonesia Debit Card Category Market Size (US$ Million), 2008–2017
  • 6. Table 13: Indonesia Debit Card Category Market Size by Transaction Volume (Million), 2008–2017Table 14: Indonesia Card Category Market Size by Frequency of Use (Transaction/Card/Year),2008–2017Table 15: Indonesia Prepaid Card Category Market Size (Thousands), 2008–2017Table 16: Indonesia Open-Loop Prepaid Cards Category Market Size (Thousands), 2008–2017Table 17: Indonesia Closed-Loop Prepaid Cards Category Market Size (Thousands), 2008–2017Table 18: Indonesia Prepaid Cards Category Market Size (IDR Million), 2008–2017Table 19: Indonesia Prepaid Cards Category Market Size (US$ Million), 2008–2017Table 20: Indonesia Charge Card Category Market Size (Thousands), 2008–2017Table 21: Indonesia Charge Card Category Market Size (IDR Million), 2008–2017Table 22: Indonesia Charge Card Category Market Size (US$ Million), 2008–2017Table 23: Indonesia Charge Card Category Market Size by Transaction Volume (Million),2008–2017Table 24: Indonesia Credit Card Category Market Size by Volume (Thousands), 2008–2017Table 25: Indonesia Credit Card Category Market Size by Transaction Value (IDR Million), 2008–Table 26: Indonesia Credit Card Category Market Size by Transaction Value (US$ Million),2008–2017Table 27: Indonesia Credit Card Category Market Size by Transaction Volume (Million),2008–2017Table 28: Indonesia Credit Card Category Market Size by Frequency of Use, 2008–2017Table 29: Indonesia Credit Card Category Market Size by Average Transaction Value (IDR),2008–Table 30: Indonesia Credit Card Category Market Size by Average Transaction Value (US$),2008–2017Table 31: PT Bank Internasional Indonesia Financial Position, Fiscal Year Ending December 2011(IDRBillion)Table 32: Bank Danamon Indonesia Financial Position, Fiscal Year Ending December 2011 (IDRBillion)Table 33: Bank Central Asia Financial Position, Fiscal Year Ending December 2011 (IDR Billion)Table 34: Bank Mandiri Financial Position, Fiscal Year Ending December 2011 (IDR Billion)Table 35: Cards and Payments Key DefinitionsList of FiguresFigure 1: Current and Future Prospects of Various Cards in IndonesiaFigure 2: Growth Potential of The Indonesian Cards and Payments Industry by Area of UsageFigure 3: Indonesian Cards and Payments Industry DriversFigure 4: Internet Penetration Rate in Indonesia (%), 2008-2012Figure 5: Number of POS terminals in Indonesia (Thousands), 2008–2012Figure 6: Number of ATMs in Indonesia (Thousands), 2008-2016Figure 7: Retail Sales Value in Indonesia (IDR Trillion), 2007–2016Figure 8: Tourists Spending in Indonesia (IDR Trillion), 2007–2011Figure 9: Per Capita Annual Disposable Income in Indonesia (IDR Million), 2008–2012
  • 7. Figure 10: Indonesia Employment Rate (Percentage of Total Population), 2007–2011Figure 11: Urbanisation in Indonesian (%), 2007–2011Figure 12: Indonesia Card Fraud Statistics (IDR Million), 2008–2012Figure 13: Consumer Preference for Various Types Of CardsFigure 14: Cards For Students and the Young PopulationFigure 15: Card Targeted at WomenFigure 16: Cards for High Net Worth IndividualsFigure 17: Cards for Sports FansFigure 18: Cards for TravelersFigure 19: Cards for CorporatesFigure 20: Consumer Preference for Various Types of CardsFigure 21: E-Commerce Activities and Portals (Percentage of Total E-Commerce Customers),2011Figure 22: Share of Different Online Payment Options in Indonesian (%)Figure 23: Share of Different Payment Channel in Indonesia (%),2012Figure 24: Indonesia Value and Growth of Credit Transfer (IDR Million), 2008–2012Figure 25: Indonesia Value and Growth of Cards Payments (IDR Million), 2007–2011Figure 26: Indonesia Value and Growth of Check Payments (IDR Million), 2007–2011Figure 27: Indonesia Debit Card Market Share by Banks (%), 2011Figure 28: Indonesia Debit Card Market Share by Schemes (%), 2011Figure 29: Indonesia Credit Card Market Share by Bank (%), 2011Figure 30: Indonesia Credit Card Market Share by Scheme (%), 2011Figure 31: Indonesia Charge Card Market Share by Scheme (%), 2011Figure 32: Indonesia Charge Cards by Scheme (%), 2011Figure 33: Debit Cards for the Young PopulationFigure 34: Travel Cards Offered by Banks in IndonesiaFigure 35: Co-branded Cards Offered by Banks in IndonesiaFigure 36: Credit Cards with Reward Points and BenefitsFigure 37: Credit Card Pricing StrategiesFigure 38: Indonesia Cards Market by Type of Card (%), 2008–2017Figure 39: Indonesia Cards Market Size by Volume (Thousands), 2008–2017Figure 40: Indonesia Cards Market Size by Transaction Value (IDR Million), 2008–2017Figure 41: Indonesia Cards Market Size by Transaction Volume (Million), 2008–2017Figure 42: Indonesia Debit Card Category Market Size (Thousands), 2008–2017Figure 43: Indonesia Debit Card Category Market Size (IDR Million), 2008–2017Figure 44: Indonesia Debit Card Category Market Size by Transaction Volume (Million),2008–2017Figure 45: Indonesia Card Category Market Size by Frequency of Use (Transaction/Card/Year),2008–2017Figure 46: Debit Card Usage ATMs and POS Terminals (Million), 2008–2017Figure 47: Indonesia Prepaid Card Category Market Size (Thousands), 2008–2017Figure 48: Indonesia Open-Loop Prepaid Cards Category Market Size (Thousands), 2008–2017
  • 8. Figure 49: Indonesia Closed-Loop Prepaid Cards Category Market Size (Thousands), 2008–2017Figure 50: Indonesia Prepaid Cards Category Market Size (IDR Million), 2008–2017Figure 51: Indonesia Charge Card Category Market Size (Thousands), 2008–2017Figure 52: Indonesia Charge Card Category Market Size (IDR Million), 2008–2017Figure 53: Indonesia Charge Card Category Market Size by Transaction Volume (Million),2008–2017Figure 54: Indonesia Credit Card Category Market Size by Volume (Thousands), 2008–2017Figure 55: Indonesia Credit Card Category Market Size by Transaction Value (IDR Million),2008–2017Figure 56: Indonesia Credit Card Category Market Size by Transaction Volume (Million),2008–2017Figure 57: Indonesia Credit Card Category Market Size by Frequency of Use, 2008–2017Figure 58: Indonesia Credit Card Category Market Size by Average Transaction Value (IDR),2008–2017Figure 59: PT Bank Internasional Indonesia Market Segmentation of Cards OfferedFigure 60: Bank Danamon Indonesia Market Segmentation of Cards OfferedFigure 61: Bank Central Asia Market Segmentation of Cards OfferedFigure 62: Bank Mandiri Market Segmentation of Cards OffereContact: sales@reportsandreports.com for more information.