DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/t8fgtp/the_cards_and) has announced the addition of the "The Cards and Payments Industry in Singapore: Emerging Trends and Opportunities to 2019" report to their offering.
'The Cards and Payments Industry in Singapore: Emerging Trends and Opportunities to 2019' report provides detailed analysis of market trends in Singapore's cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, check payments, direct debits, payment cards and cash transactions during the review period (2010-2014).
The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, and transaction values and volumes during the review period and over the forecast period (2015-2019). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.
The report brings together research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies, recent changes in regulatory structure, card fraud statistics, and profiles of card issuers operating in the country.
Key Highlights
- Singapore's payment cards market is one of the most highly competitive and attractive markets in Asia-Pacific. Singapore's payment cards market is mature and over served, with credit and debit card penetration rates of 1.7 and 2.0 respectively per inhabitant in 2014. In terms of transaction value and volume, Singapore's payment cards accounted for 0.6% and 1% shares respectively in the Asia-Pacific region in 2014.
- The Intelligent Nation 2015' (iN2015) master plan, drawn up by the Singapore government, is expected to support to the growth of the cards and payments industry over the forecast period. The program aims to promote electronic payments through increased adoption of near-field communication (NFC) mobile payments with the establishment of an interoperable infrastructure for NFC services.
- In line with an industry-wide initiative led by the Association of Banks in Singapore (ABS), from October 1, 2013 all banks in Singapore implemented additional security measures for international banking transactions by deactivating the magnetic stripe on all credit and debit cards. Consequently, card fraud decreased in 2014, a trend that is anticipated to continue over the forecast period (2015-2019).
Key Topics Covered:
1 Definitions and Methodology
2 Key Facts and Events
3 Executive Summary
4 Payment Instruments
5 Regulations in the Cards and Payments Industry
6 Analysis of Cards and Payments Industry Drivers
7 Market Segmentation and New Product Launches
8 Payment Cards
9 Debit Cards
10 Credit Cards
11 Charge Cards
12 Commercial Cards
13 Card Fraud Statistics
14 Card Issuers
15 Prepaid Cards
16 Merchant Acquiring
17 Appendix
Companies Mentioned
- DBS Bank
- United Overseas Bank
- Oversea-Chinese Banking Corporation
- Citibank Singapore
- Standard Chartered Bank
- HSBC
- American Express
- NETS
- Visa
- MasterCard
For more information visit http://www.researchandmarkets.com/research/t8fgtp/the_cards_and
