South Korean Payment Card Market ( http://www.bharatbook.com/Market-Research-Reports/South-Korean-Payment-Card-Market.html ) report provides extensive research and in-depth analysis on the South Korean Payment Card Market. It focuses on the emerging market trends, recent developments and their impact on the market. The report will help clients to analyze the leading-edge opportunities, prospective customer base, key players, future outlook and all other factors which are critical to the success of a new entrant in the South Korean Payment Card Market. It also answers other critical questions like what are other payment instruments beside cards and what is share of cards in overall payment settlement market.
With the rising popularity of electronic banking and stupendous growth in information and technology, the number of payment cards (debit, credit, check and prepaid cards) has surged in South Korea. Per capita payment card issuance in the country has reached the second highest level in the world after the US. Each person in South Korea has on an average 3.8 cards, trailing only the US with 5.3 cards, says a new research report "South Korean Payment Card Market"
Despite a deep economic slump, the uses of bank cards are expected to grow at rapid pace owing to the enhancement of various benefits and expansion of scope available for settlements. Among all cards, the uses of check cards are expected to record the sharpest increase at a CAGR of over 36% during 2009-2013. On the other hand, debit cards are expected to show downtrend during the period. With no risk involved, prepaid cards are also anticipated to show significant growth in future.
Our research provides forecast (2009-2013) on
- Check Cards
- Credit Cards
- Prepaid Cards
- Debit Cards
The forecast given in the report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move. The forecast is based on a correlation between past market growth and growth of base drivers.
The report also throws a light on the competitive landscape of the South Korean Payment card industry, giving business overview of several prominent players in the industry, including Samsung Card Co. Ltd., Shinhan Card Co. Ltd., LG Card Co. Ltd. and Lotte Card Co. Ltd.
Contact us at:
Bharat Book Bureau
Tel: 91 22 27578668
Fax: 91 22 27579131
Email: info@bharatbook.com
Website: www.bharatbook.com
We are the leading information aggregator, facilitates and supports the business information needs. With over 90,000 reports, you can get instant access and insights on the studies in yo for market research , corporate / strategic planning by providing the latest information in the form of reports, journals, magazines and databases on varied industries like automotive, oil and gas, shipping, textiles, pharmaceuticals, energy, banking, finance, insurance, risk management, country intelligence, consumer & durable goods, chemical and more ur areas of interest. Contact us at +91 22 27578668 / 27579438 or email info@bharatbook.com or our website www.bharatbook.com
