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Posted by BABU on September 10, 2024 at 10:14am 0 Comments 0 Likes
Posted by smithmorgan on September 10, 2024 at 10:13am 0 Comments 0 Likes
Posted by smithmorgan on September 10, 2024 at 10:13am 0 Comments 0 Likes
Posted by smithmorgan on September 10, 2024 at 10:13am 0 Comments 0 Likes
Charge cards is the smallest category in terms of cards in circulation and value transactions, driven by the dominant personal charge cards. Prior to the pandemic, demand for personal charge cards was primarily driven by affluent consumers with a high-end lifestyle, which includes expatriates, who unlike credit card holders who tend to be wary about spending, tend to be more willing to spend on expensive electronics, high-end household items and luxury travel. Overseas spending before the emerge...
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Euromonitor International's Charge Card Transactions in Malaysia 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 Charge Card Transactions, Personal Charge Card Transactions.
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Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Charge Card Transactions market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.
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Table of Contents
KEY DATA FINDINGS
2020 IMPACT
Lockdown measures in response to COVID-19 significantly restricts travel opportunities amongst affluent consumer group, resulting in declines for personal charge cards
Work from home and restricted travel for businesses result in lack of opportunity to use commercial charge cards
American Express remains leading local operator of charge cards in partnership with dominant issuer Malayan Banking
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RECOVERY AND OPPORTUNITIES
Demand for charge cards predicted to fall as consumers increasingly drawn to other options with competitive reward schemes
Slight recovery predicted for commercial charge cards in terms of usage and value but category will struggle to return to pre-pandemic figures due to growing competition from other options
Charge card operators will need to be more creative in order to compete with credit card offers over the forecast period to offer greater differentiation
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CATEGORY DATA
Table 1 Charge Cards: Number of Cards in Circulation 2015-2020
Table 2 Charge Cards Transactions 2015-2020
Table 3 Charge Cards in Circulation: % Growth 2015-2020
Table 4 Charge Cards Transactions: % Growth 2015-2020
Table 5 Commercial Charge Cards: Number of Cards in Circulation 2015-2020
Table 6 Commercial Charge Cards Transactions 2015-2020
... continued
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