Payment Landscape in Malaysia: Rise in Penetration of Smartphones to Boost E-Wallet Payments

Malaysia's payment card market has recorded strong uptake in contactless technology, with all major banks including Bank Simpanan Nasional (BSN), Maybank, Public Bank, CIMB Bank, and Hong Leong Bank now offering contactless cards. Increasing penetration of smartphone at significant value in the Malaysia is likely to bolster payments-via-e-wallets. The environment is further fertile ground for payments in Malaysia to flourish, a renaissance of the e-commerce boom that resulted in the growth of payments fintech. To comprehend recent trends and factors that are influencing payment landscape in Malaysia, Market Research Hub (MRH) has included a report titled “Payments Landscape in Malaysia: Opportunities and Risks to 2022” to its repository.

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Payment Landscape in Malaysia: Highlights

The report is the source of vital information related to the expansion of the construction in the Malaysia over the assessment period. Various factors that are influencing growth of Payment landscape in Malaysia market have been analyzed in this report. Analysis of factors influencing growth, have been carried out in this report on the basis of various regions that were considered. Macro- and microeconomic factors such as drivers, trends, restraints and other factors that are influencing growth have been analyzed in this report as well. Opportunities available for new entrants, as well as leading players have been propounded in the report. The information included in the report make it most-creditable and go-to forecast of Payment landscape in Malaysia market. An authentic and systematic approach have been taken for the generation of the insights mentioned in the report. Proper segmentation of the report ranging from executive summary to competitive landscape have been carried out to deliver readers with most insightful information. This is likely to deliver readers, clients and buyers of the report with unified understanding of performance of the Payment landscape in Malaysia market. Analysis of each segment of the market on the basis of various regions and different aspects of the market have been included in the report. The competitive landscape in the Payment landscape in Malaysia market have been included in the final section of the report. Prominent players operating in the Payment landscape in Malaysia market have been profiled in this section along with their strategies to remain forefront in the Malaysia market.

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 Payment Landscape in Malaysia: Competitive Landscape

The final section of the report represents competitive landscape in the Payment landscape in Malaysia market. Information related to the leading players operating in the Payment landscape in Malaysia market have been propounded in the report. Future prospects of several factors such as product innovations, developments and merger & acquisition have been included in the report. Strategies followed by prominent players and innovations and developments offered by them have been included in the report.

Future vision of leading players operating in the Payment landscape in Malaysia market have been inked in this section. This is likely to be beneficial for new entrants to understand future competitiveness of these leading players so as to remain at pole position. Further this is beneficial for the readers of the report to leverage unbiased actionable intelligence propounded in the report. Strategies of prominent players operating in the Payment landscape in Malaysia market are beneficial to the readers to plane novel strategies accordingly.

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This release was published on openPR.