Global Financial Cards and Payments Market Research Report 2021
Like in most countries, GDP growth in South Korea was negatively impacted by COVID-19 in 2020. Similarly demand for taking on credit and consumer repayment capacity has also been hit hard. However, the decline in consumer payment transaction volume and value was not equally distributed across card, cash and electronic payments. For example, the COVID-19 pandemic led to a considerable shift in the payments landscape away from cash and towards card payment. Following the rapid outbreak of the COVI...
Euromonitor International's
Financial Cards and Payments in South Korea 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.
Why buy this report?
* Get a detailed picture of the Financial Cards and Payments 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.
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unique capability to develop reliable information resources to help drive
informed strategic planning.
TABLE OF CONTENT:
Financial Cards and
Payments in South Korea
Euromonitor International
November 2020
List OF CONTENTS AND TABLES
EXECUTIVE SUMMARY
COVID-19 impact on consumer payments
COVID-19 country impact
Pandemic further fuels drive towards cashless society
Rising demand for convenience fuels interest in simpler payment platforms
Strong growth prospects for debit cards among South Korean consumers
What next for consumer payments?
MARKET INDICATORS
Table 1 Number of POS Terminals: Units
2015-2020
Table 2 Number of ATMs:
Units 2015-2020
Table 3 Value Lost to Fraud 2015-2020
Table 4 Card Expenditure by Location 2020
Table 5 Financial Cards in Circulation by Type: % Number of Cards 2015-2020
Table 6 Domestic versus Foreign Spend 2020
MARKET DATA
Table 7 Financial Cards by Category: Number of Cards in Circulation 2015-2020
Table 8 Financial Cards by Category: Number of Accounts 2015-2020
Table 9 Financial Cards Transactions by Category: Value 2015-2020
Table 10 Financial Cards by Category: Number of Transactions 2015-2020
Table 11 Consumer Payments by Category: Value 2015-2020
Table 12 Consumer Payments by Category: Number of Transactions 2015-2020
Table 13 M-Commerce by Category: Value 2015-2020
Table 14 M-Commerce by Category: % Value Growth 2015-2020
Table 15 Financial Cards: Number of Cards by Issuer 2015-2019
Table 16 Financial Cards: Number of Cards by Operator 2015-2019
Table 17 Financial Cards:
Card Payment Transactions Value by Operator 2015-2019
Table 18 Financial Cards: Card Payment Transactions Value by Issuer 2015-2019
Table 19 Forecast Financial Cards by Category: Number of Cards in Circulation
2020-2025
Table 20 Forecast Financial Cards by Category: Number of Accounts 2020-2025
Table 21 Forecast Financial Cards Transactions by Category: Value 2020-2025
Table 22 Forecast Financial Cards by Category: Number of Transactions 2020-2025
Table 23 Forecast Consumer Payments by Category: Value 2020-2025
Table 24 Forecast Consumer Payments by Category: Number of Transactions
2020-2025
Table 25 Forecast M-Commerce by Category: Value 2020-2025
Table 26 Forecast M-Commerce by Category: % Value Growth 2020-2025
DISCLAIMER
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
SOURCES
Summary 1 Research Sources
KEY DATA FINDINGS
2020 IMPACT
Consumers shift towards debit cards in response to fears over COVID-19
Shift towards cashless society supported by enticing offers and rewards
Rising demand for convenience fuels shift towards simpler mobile payments
RECOVERY AND OPPORTUNITIES
Return to normality could result in gradual rise in cash purchases
Leading debit card players focus on attracting consumers with enticing offers
Competitive interest rates key to fending off competition from online players
CATEGORY DATA
Table 27 Debit Cards: Number of Cards in Circulation 2015-2020
….….Continued
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