Financial Cards and Payments in South Korea
Financial card transaction value continued to increase in 2012, with debit cards leading growth. Government policy and the efforts of consumers to spend economically ensured that the area continued to perform well. One of the reasons for debit card growth is that, starting from 2012, there will be a change in year-end tax deductions which will favour debit card users. The only area which recorded a decrease in transaction value in 2012 was store cards, which is struggling due to competitios.
Financial card transaction value continued to increase in 2012, with debit cards leading growth. Government policy and the efforts of consumers to spend economically ensured that the area continued to perform well. One of the reasons for debit card growth is that, starting from 2012, there will be a change in year-end tax deductions which will favour debit card users. The only area which recorded a decrease in transaction value in 2012 was store cards, which is struggling due to competitios.
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<strong>F<strong>in</strong>ancial</strong> <strong>Cards</strong> <strong>and</strong> <strong>Payments</strong> <strong>in</strong> <strong>South</strong> <strong>Korea</strong><br />
Category : Credit Card
<strong>F<strong>in</strong>ancial</strong> card transaction value cont<strong>in</strong>ued to <strong>in</strong>crease <strong>in</strong> 2012, with debit<br />
cards lead<strong>in</strong>g growth. Government policy <strong>and</strong> the efforts of consumers to<br />
spend economically ensured that the area cont<strong>in</strong>ued to perform well. One of<br />
the reasons for debit card growth is that, start<strong>in</strong>g from 2012, there will be a<br />
change <strong>in</strong> year-end tax deductions which will favour debit card users. The only<br />
area which recorded a decrease <strong>in</strong> transaction value <strong>in</strong> 2012 was store cards,<br />
which is struggl<strong>in</strong>g due to competitios.<br />
Euromonitor International’s <strong>F<strong>in</strong>ancial</strong> <strong>Cards</strong> <strong>and</strong> <strong>Payments</strong> <strong>in</strong> <strong>South</strong> <strong>Korea</strong><br />
report establishes the size <strong>and</strong> structure of the market for ATMs cards, smart<br />
cards, credit cards, debit cards, charge cards, pre-paid cards <strong>and</strong> store cards.<br />
It looks at key players <strong>in</strong> the market (issuers <strong>and</strong> operators), number of cards<br />
<strong>in</strong> circulation, numbers transactions <strong>and</strong> value of transactions. It offers<br />
strategic analysis of sector forecasts <strong>and</strong> trends to watch.<br />
Get Report Details @ http://www.rnrmarketresearch.com/f<strong>in</strong>ancial-cards<strong>and</strong>-payments-<strong>in</strong>-south-korea-market-report.html
Product coverage: <strong>F<strong>in</strong>ancial</strong> <strong>Cards</strong> <strong>in</strong> Circulation, Transactions.<br />
Data coverage: market sizes (historic <strong>and</strong> forecasts), company shares, br<strong>and</strong> shares<br />
<strong>and</strong> distribution data.<br />
Why buy this report?<br />
- Get a detailed picture of the <strong>F<strong>in</strong>ancial</strong> <strong>Cards</strong> <strong>and</strong> <strong>Payments</strong> market;<br />
- P<strong>in</strong>po<strong>in</strong>t growth sectors <strong>and</strong> identify factors driv<strong>in</strong>g change;<br />
- Underst<strong>and</strong> the competitive environment, the market’s major players <strong>and</strong> lead<strong>in</strong>g<br />
br<strong>and</strong>s;<br />
- Use five-year forecasts to assess how the market is predicted to develop.<br />
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