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Singapore and Turkey Data book - Cards and Payments Market Demand Forecast To 2020

(IT-NEWSWIRE.COM, September 09, 2015 ) Singapore Data book - Cards and Payments Market to 2020:

The growth of Singapore card payments market is driven by the growing e-commerce industry, growing tourism, rising disposable income, new product launches and growth in retail sector. High internet penetration in the country is expected to encourage online sales, which is expected to contribute to the growth of card payments market in Singapore.

View Full Report with TOC @ http://www.acutemarketreports.com/report/singapore-cards-and-payments-market

By scheme, the number of debit cards in circulation was dominated by NETS, with market share of 79%, followed by Visa with 12% market share in 2014. In credit card segment, Visa was a leading scheme with a market share of 57% of the total credit cards in circulation.

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Singapore Cards and Payments market databook includes market size and forecast for the period 2010 to 2020 in terms of number of cards, value and volume of transactions processed through these cards. The databook also includes competitive landscape (card issuers in the country) for both debit cards and credit cards.

Turkey Data book - Cards and Payments Market to 2020:

Turkey cards market grew at a CAGR of 9.4% during 2010 to 2014, to reach 167.5 million cards in circulation by 2014. The increasing acceptance of ecommerce, shifting lifestyle demographics, and rising disposable income acted as the growth drivers for cards in circulation.

View Full Report with TOC @ http://www.acutemarketreports.com/report/turkey-cards-and-payments-market

The number of credit cards in circulation grew at a CAGR of 5.6% during the period 2010 to 2014. The number of credit cards in circulation is expected to reach 65.5 million in 2020, growing at a CAGR of 1.8%. The growth in credit card transactions was encouraged by growth in payment infrastructure (such as POS and ATM terminals), advanced card features (such as EMV technology) and promotional strategies (such as cashback offers and reward programs).

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By scheme, the number of debit cards in circulation was dominated by Visa with market share of 58.3%, which was followed by MasterCard with 39.7% market share in 2014. Visa was also a leading scheme in credit card segment with a market share of 55% of the total credit cards in circulation.

View all reports of Banking Market @ http://www.acutemarketreports.com/category/banking-market


REASON TO BUY?

Access accurate historical and forecast data for various categories and segments of card payments industry
Be informed about cards in circulation, number of terminals, volume and value of transactions, company and issuer share in the market
Know the expected growth rate of various categories and segments of card payments industry and which of them is expected to gain/ lose market share
Identify new windows of opportunity to cover loopholes in the product portfolio and align them as per the markets with a greater growth potential

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