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Market Research Report
Financial Cards and Payments in Thailand |
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Published by | Euromonitor International | Product code | 172789 | ||||
Published | Content info | 51 Pages ![]() |
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Financial Cards and Payments in Thailand | ||
Published: November 9, 2017 | Content info: 51 Pages |
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The overall financial cards market was in the process of development as the government upgraded the regulations pertaining to its cashless society strategy. Debit cards now need to be chip-based and all newly issued debit cards have to use the local switching network, while credit card transaction value witnessed slower growth in 2017 as commercial banks were under pressure from the high levels of non-performing loans. Moreover, the Bank of Thailand also introduced new regulations which forced c...
Euromonitor International's Financial Cards and Payments in Thailand report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Financial Cards in Circulation, M-Commerce, Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Financial Cards Development in 2017
National E-payment Master Plan
E-wallets Is the New Leading Platform
Multifunctionality Is the Key for Development
Credit Cards Expected To Remain the Leading Card Category
Charge Cards A Declining Category
Charge Cards Used Mainly by High-income Customers
American Express the Sole Provider of Charge Cards
American Express Offers Three Different Personal Charge Cards
Competition From Credit Cards
Credit Card Regulation To Control Overspending
Banks To Offer Lifestyle Benefits
Banks Encourage Higher Spending Per Card
Personal Credit Cards Focus on High-income Customers
National E-payment Strategy Supports Debit Cards
Debit Cards Largely Used for Cash Withdrawals
Increased Usage of Debit Cards for Online Shopping
Limited Local Schemes Available
Debit Card Privileges Being Withdrawn
E-wallet Supports Open Loop Pre-payments Cards
Mangmoom Pre-paid Card To Be Launched
Competition in Open Loop Pre-paid Cards Set To Intensify
Rabbit Remains A Key Player in Closed Loop
Store Cards Not Popular in Thailand
Migration To Co-branded Credit Cards
Tesco Stops Issuing Store Cards
Central Group Migrates To Co-branded Credit Cards