Malaysia Payment Market 2017-By Facilitate Decision Making on the Basis of Historic and Forecasts Data 2021

Oct 5, 2017

Pune, India, 5th October 2017: WiseGuyReports announced addition of new report, titled “Payments Landscape in Malaysia: Opportunities and Risks to 2021”.

Pune, India - October 5, 2017 /MarketersMedia/ —

Summary
"Payments Landscape in Malaysia: Opportunities and Risks to 2021", report provides detailed analysis of market trends in Malaysian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, direct debit, cash, payment cards, and cheques during the review-period (2013-17e).

The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2017-21f). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes.

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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 details of regulatory policy and recent changes in the regulatory structure.

This report provides top-level market analysis, information and insights into Malaysian cards and payments industry, including -
- Current and forecast values for each market in the Malaysian cards and payments industry, including debit, credit, and charge cards.
- Detailed insights into payment instruments including credit transfers, direct debit, cheques, cash, and payment cards. It also, includes an overview of the country's key alternative payment instruments.
- E-commerce market analysis and payment methods.
- Analysis of various market drivers and regulations governing Malaysian cards and payments industry.
- Detailed analysis of strategies adopted by banks and other institutions to market debit, credit, and charge cards.

Scope
- Malaysia’s payment card market has recorded strong uptake in contactless technology, with all major banks including Maybank, Bank Simpanan Nasional (BSN), CIMB Bank, Public Bank, and Hong Leong Bank now offering contactless cards. The number of contactless POS terminals stood at 33,721 in 2016, increasing almost sevenfold from 4,839 terminals in 2015. To further encourage contactless payments, banks are launching innovative products. Maybank collaborated with Visa in January 2016 to launch an NFC wristband, Maybank Visa Payband, to enable its customers to make payments with a wave of the wrist.
- A growing preference for secure electronic payments, growth in the young population, and deeper smartphone penetration have prompted banks, payment service providers, and telecom companies to launch new payment solutions to gain market share. Samsung Electronics, CIMB Bank, and Maybank all launched mobile wallets between 2016 and 2017.
- To provide impetus to the e-commerce market, the Malaysian government implemented the DFTZ as part of the National E-commerce Strategic Roadmap. Launched in March 2017, this is a national initiative developed by the Malaysia Digital Economy Corporation in partnership with Alibaba that aims to support digital services, international e-commerce, and internet-based innovations.

Reasons to buy
- Make strategic business decisions, using top-level historic and forecast market data, related to Malaysian cards and payments industry and each market within it.
- Understand the key market trends and growth opportunities in Malaysian cards and payments industry.
- Assess the competitive dynamics in the Malaysian cards and payments industry.
- Gain insights into marketing strategies used for various card types in Malaysia.
- Gain insights into key regulations governing Malaysian cards and payments industry.

Table of Content: Key Points
Market Overview
Card-based Payments
E-commerce Payments
Alternative Payments
Payments Infrastructure & Regulation
Appendix
…Continued

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Source URL: https://marketersmedia.com/malaysia-payment-market-2017-by-facilitate-decision-making-on-the-basis-of-historic-and-forecasts-data-2021/246290

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Source: MarketersMedia

Release ID: 246290

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