Market Research Report
Debit Cards in Hong Kong, China
|Published by||Euromonitor International||Product code||175420|
|Published||Content info||16 Pages
Delivery time: 1-2 business days
|Debit Cards in Hong Kong, China|
|Published: November 19, 2018||Content info: 16 Pages||
Despite the growing popularity of contactless credit cards and mobile payments, it is expected that the number of debit cards in circulation will continue to rise in Hong Kong. As all debit cards in Hong Kong are linked to a bank account, mobile wallets and credit cards will not be able to replace debit cards due to demand for traditional bank accounts. However, the Hong Kong Monetary Authority has initiated the development of virtual banking and has received the first batch of virtual banking l...
Euromonitor International's Debit Transactions in Hong Kong, China 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: Commercial Debit Card Transactions, Personal Debit Card Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
LIST OF CONTENTS AND TABLES
Number of Debit Cards in Circulation Continues To Rise Despite the Emergence of Digital Payments
Debit Card Transaction Volume and Value Losing Ground To Other Payment Methods
Influx of Tourists and Businesses From Mainland China Serves To Boost the Share of Unionpay
Bank of China (hong Kong) Lowers Onboarding Requirements
Growing Competition From Mobile Wallets Impacting Traditional Payment Methods
Increasing Usage But Lower Transaction Value
Rewards A Major Marketing Tool
the Race To Frictionless Payments
Unionpay Continues To Gain Ground