Singapores Cards and Payments Industry

297 views

Published on

Cards and Payments Industry @ http://www.researchmoz.us/singapores-cards-and-payments-industry-emerging-opportunities-trends-size-drivers-strategies-products-and-competitive-landscape-report.html

In terms of the number of cards in circulation, Singapore’s card payments channel grew at a review-period (2008–2012) CAGR of 8.52% and, in terms of transaction value, at a review-period CAGR of 8.12%. Over the forecast period (2013–2017), the card payments channel is expected to record a CAGR of 5.05% in terms of the number of cards in circulation and 7.35% in terms of transaction value.

Published in: Business, Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
297
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
5
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Singapores Cards and Payments Industry

  1. 1. Singapores Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape Synopsis The report provides market analysis, information and insights into Singapore’s cards and payments industry, including: Current and forecast values for each category of Singapore’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 Singapore’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 Singapore’s cards and payments industry. Executive summary In terms of the number of cards in circulation, Singapore’s card payments channel grew at a review-period (2008–2012) CAGR of 8.52% and, in terms of transaction value, at a review-period CAGR of 8.12%. Over the forecast period (2013–2017), the card payments channel is expected to record a CAGR of 5.05% in terms of the number of cards in circulation and 7.35% in terms of transaction value. In terms of transaction value, the card payments channel is dominated by the debit card category which constituted 66.2% of overall card transactions in 2012. The category’s channel share is projected to increase to 66.3% in 2017. The value of debit card transactions grew at a review-period CAGR of 7.28% and is expected to post a forecast-period CAGR of 7.46%. The debit card category is projected to record the largest growth in terms of transaction value as customers opt for income-based consumption over credit-fuelled consumption. Scope This report provides a comprehensive analysis of Singapore’s cards and payments industry. It provides current values for Singapore’s cards and payments industry for 2012 and forecast figures for 2017. It details the different macroeconomic, infrastructural, consumer and business drivers affecting Singapore’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 Singapore’s cards and payments industry. Reasons to buy Make strategic business decisions using historic and forecast market data related to Singapore’s cards and payments industry and each market within it. Understand the key market trends and growth opportunities within Singapore’s cards and payments industry. Assess the competitive dynamics in Singapore’s cards and payments industry. Gain insights into the marketing strategies used for selling various types of cards in Singapore. Gain insights into key regulations governing Singapore’s cards and payments industry. Key highlights The most popular payment channel in 2008 was checks, constituting 67.3% of the overall payment channels. Singapores Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
  2. 2. In 2012, the share of check-based payments declined to 63.8%. The share of card-based payments increased from 10.0% in 2008 to 11.0% in 2012. The share of direct debit transactions increased from 6.4% in 2008 to 6.8% in 2012. The prepaid card category was the largest in the card payments channel in 2012, accounting for 54.9% of the category’s value. This was followed by the debit card category with a share of 23.9% and the credit card category with a share of 20.4%, while the charge card category occupied a nominal share of 0.8%. The Intelligent Nation 2015 masterplan, drawn up by the government of Singapore, is expected to provide support for the growth of the cards and payments industry over the forecast period. The masterplan aims to achieve a 90% home broadband penetration rate alongside a computer in the house of every family with school-going children. Banks are using social networking sites to increase their card businesses. Citibank Singapore launched the Clear Platinum card which specifically targets social network users and encourages online shopping. table Of Contents 1 Executive Summary 2 Analysis Of Market Environment, Key Trends And Drivers 2.1 Payment Infrastructure And Emerging Technologies 2.1.1 Atms 2.1.2 Pos Terminals 2.1.3 Internet Penetration 2.1.4 Emergence Of Near-field Communication (nfc) Mobile Wallets 2.1.5 Network Related 2.2 Business Drivers 2.2.1 Remittance Outflows 2.2.2 Mobile Commerce 2.2.3 Retail Sector Dynamics 2.3 Macroeconomic Drivers 2.3.1 Gdp 2.3.2 Inflation Rate 2.3.3 Gdp Per Capita 2.3.4 Unemployment Rate 3 Cards And Payments Industry Share Analysis 3.1 Industry Overview 3.1.1 Checks 3.1.2 Credit Transfer 3.1.3 Cards 3.1.4 Direct Debit Singapores Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
  3. 3. 4 Regulatory Framework And Card Fraud Statistics 4.1 Regulatory Framework 4.1.1 Anti-terrorism Financing Regulations 4.1.2 Foreign Direct Investment (fdi) Regulations 4.2 Card Fraud Statistics 4.2.1 Counterfeit Cards 4.2.2 Cards-not-present 4.2.3 Cards Lost/stolen 4.2.4 Card Id Theft 5 Emerging Consumer Attitudes And Trends 5.1 Market Segmentation And Targeting 5.1.1 Retail Segment 5.1.2 Specific Customer Groups 5.1.3 Corporate Segment 5.2 Travel And Tourism Spending 5.2.1 Outbound Tourists Volume 5.2.2 Outbound Tourist Spending 5.3 Retail Card Spending 5.3.1 Analysis By Product Categories 5.3.2 Analysis By Retail Channels 6 Analysis Of Card Payments And Growth Prospects 6.1 Channel Share Analysis By Card Category 6.2 Size And Forecast Of The Card Payments Channel 6.2.1 Analysis By Volume Of Cards In Circulation 6.2.2 Analysis By Transaction Value 7 Analysis Of Credit Card Payments And Growth Prospects 7.1 Overall Category Size And Forecast 7.1.1 Analysis By Volume Of Cards In Circulation 7.1.2 Analysis By Transaction Value 7.1.3 Analysis By Transaction Volume 7.2 Transaction Share Analysis By Channel 7.2.1 Analysis By Transaction Value 7.2.2 Analysis By Transaction Volume 7.3 Personal Credit Cards Segment Size And Forecast 7.3.1 Analysis By Number Of Cards In Circulation 7.3.2 Analysis By Transaction Value 7.3.3 Analysis By Transaction Volume Singapores Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
  4. 4. 7.4 Commercial Credit Cards Segment Size And Forecast 7.4.1 Analysis By Number Of Cards In Circulation 7.4.2 Analysis By Transaction Value 7.4.3 Analysis By Transaction Volume 7.5 Competitive Landscape 7.5.1 Scheme Share Analysis 7.5.2 Issuer Share Analysis 8 Analysis Of Debit Card Payments And Growth Prospects 8.1 Overall Category Size And Forecast 8.1.1 Analysis By Volume Of Cards In Circulation 8.1.2 Analysis By Transaction Value 8.1.3 Analysis By Transaction Volume 8.2 Transaction Share Analysis By Channel 8.2.1 Analysis By Transaction Value 8.2.2 Analysis By Transaction Volume 8.3 Competitive Landscape 8.3.1 Scheme Share Analysis 8.3.2 Issuer Share Analysis 9 Analysis Of Charge Card Payments And Growth Prospects 9.1 Overall Category Size And Forecast 9.1.1 Analysis By Number Of Cards In Circulation 9.1.2 Analysis By Transaction Value 9.1.3 Analysis By Transaction Volume 9.2 Transaction Share Analysis By Channel 9.2.1 Analysis By Transaction Value 9.2.2 Analysis By Transaction Volume 9.3 Personal Charge Cards Segment Size And Forecast 9.3.1 Analysis By Number Of Cards In Circulation 9.3.2 Analysis By Transaction Value 9.3.3 Analysis By Transaction Volume 9.4 Commercial Charge Cards Segment Size And Forecast 9.4.1 Analysis By Number Of Cards In Circulation 9.4.2 Analysis By Transaction Value 9.4.3 Analysis By Transaction Volume 9.5 Competitive Landscape 9.5.1 Scheme Share Analysis 9.5.2 Issuer Share Analysis Singapores Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
  5. 5. 10 Analysis Of Prepaid Card Payments And Growth Prospects 10.1 Overall Category Size And Forecast 10.1.1 Analysis By Number Of Cards In Circulation 10.1.2 Analysis By Transaction Value 10.2 Open-loop Prepaid Cards Segment Size And Forecast 10.2.1 Analysis By Number Of Cards In Circulation 10.2.2 Analysis By Transaction Value 10.3 Closed-loop Prepaid Cards Segment Size And Forecast 10.3.1 Analysis By Number Of Cards In Circulation 10.3.2 Analysis By Transaction Value 11 Merchant Acquiring 11.1 Merchant Acquirers In The Country 12 Company Profiles Of Card Issuers 12.1 Dbs Bank 12.1.1 Key Financials 12.1.2 Card Portfolio 12.1.3 Strategies 12.2 United Overseas Bank 12.2.1 Key Financials 12.2.2 Card Portfolio 12.2.3 Strategies 12.3 Oversea Chinese Banking Corporation (ocbc) 12.3.1 Key Financials 12.3.2 Card Portfolio 12.3.3 Strategies 12.4 Citibank Singapore 12.4.1 Card Portfolio 12.4.2 Strategies 12.5 Standard Chartered Bank 12.5.1 Card Portfolio 12.5.2 Strategies 13 Appendix 13.1 Methodology 13.2 Contact Timetric 13.3 About Timetric 13.4 Timetric’s Services 13.5 Definitions Singapores Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
  6. 6. 13.6 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 USA - Canada Toll Free 866-997-4948 Email: sales@researchmoz.us Website: http://www.researchmoz.us/ Singapores Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape

×