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UAE Cards and Payments Market to reach 28.4 million cards in 2018

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Complete report is available @ http://www.rnrmarketresearch.com/the-united-arab-emirates-uae-cards-and-payments-industry-emerging-opportunities-trends-size-drivers-strategies-products-and-competitive-landscape-market-report.html .
The UAE 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 10.3 million in 2009 to 18.2 million in 2013, at a review-period compound annual growth rate (CAGR) of 15.31%. Over the forecast period (2014−2018), the card payments channel is anticipated to register a CAGR of 8.57%, to reach 28.4 million cards in 2018.
In terms of transaction value, the card payments channel increased from AED226.5 billion (US$61.7 billion) in 2009 to AED487.6 billion (US$132.8 billion) in 2013, at a review-period CAGR of 21.13%. The card payments channel is anticipated to increase further from AED529.2 billion (US$144.1 billion) in 2014 to AED673.9 billion (US$183.5 billion) in 2018, at a forecast-period CAGR of 6.23%.

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UAE Cards and Payments Market to reach 28.4 million cards in 2018

  1. 1. The United Arab Emirates’ (UAE) Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  2. 2. The United Arab Emirates’ (UAE) 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 on the UAE cards and payments industry, including: Current and forecast values for each category of the UAE cards and payments industry, including debit cards, credit cards, charge cards and prepaid cards Comprehensive analysis of the industry’s market attractiveness and future growth areas Analysis of various market drivers and regulations governing the UAE cards and payments industry Detailed analysis of the marketing strategies adopted for selling debit, credit, charge 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 the UAE cards and payments industry © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  3. 3. The United Arab Emirates’ (UAE) Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape Summary The UAE 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 10.3 million in 2009 to 18.2 million in 2013, at a review-period compound annual growth rate (CAGR) of 15.31%. Over the forecast period (2014−2018), the card payments channel is anticipated to register a CAGR of 8.57%, to reach 28.4 million cards in 2018. In terms of transaction value, the card payments channel increased from AED226.5 billion (US$61.7 billion) in 2009 to AED487.6 billion (US$132.8 billion) in 2013, at a review-period CAGR of 21.13%. The card payments channel is anticipated to increase further from AED529.2 billion (US$144.1 billion) in 2014 to AED673.9 billion (US$183.5 billion) in 2018, at a forecast-period CAGR of 6.23%. The UAE government’s initiative to promote cashless transactions, the growing popularity of payment cards based on traditional Islamic principles, the introduction of contactless technology, and the retail, e-commerce and tourism industries growth all contributed to the expansion of the UAE card payments channel in volume and value terms during the review period.© RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  4. 4. The United Arab Emirates’ (UAE) Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape Key highlights The UAE 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 10.3 million in 2009 to 18.2 million in 2013, at a review-period compound annual growth rate (CAGR) of 15.31%. Over the forecast period (2014−2018), the card payments channel is anticipated to register a CAGR of 8.57%, to reach 28.4 million cards in 2018. In terms of transaction value, the card payments channel increased from AED226.5 billion (US$61.7 billion) in 2009 to AED487.6 billion (US$132.8 billion) in 2013, at a review-period CAGR of 21.13%. The card payments channel is anticipated to increase further from AED529.2 billion (US$144.1 billion) in 2014 to AED673.9 billion (US$183.5 billion) in 2018, at a forecast-period CAGR of 6.23%. Complete report is available @ http://www.rnrmarketresearch.com/the- united-arab-emirates-uae-cards-and-payments-industry-emerging- opportunities-trends-size-drivers-strategies-products-and-competitive- landscape-market-report.html . © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  5. 5. The United Arab Emirates’ (UAE) Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape Scope This report provides a comprehensive analysis of the UAE cards and payments industry. It provides current values for the UAE cards and payments industry for 2013, and forecast figures for 2018. It details the different economic, infrastructural and business drivers affecting the UAE 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 the UAE cards and payments industry. Request a Sample of this report @ http://www.rnrmarketresearch.com/contacts/request-sample?rname=195653 . © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  6. 6. The United Arab Emirates’ (UAE) 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 the UAE cards and payments industry and each market within it. Understand the key market trends and growth opportunities within the UAE cards and payments industry. Assess the competitive dynamics in the UAE cards and payments industry. Gain insights in to the marketing strategies used for selling various card types in the UAE. Gain insights into key regulations governing the UAE cards and payments industry. Buy a copy of this report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=195653. © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  7. 7. The United Arab Emirates’ (UAE) 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 © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441 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.

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