Egypt Cards and Payments Market Report- High Growth Advancement, Emerging Trends, Comprehensive Study With Top Companies

The Egypt Cards and Payments Market research report highlights market insights with key trends and a breakdown of the Egypt Cards and Payments Market. In addition, Egypt Cards and Payments Market provides information about products and offerings and impact due to macroeconomics and Covid-19 impact on the Egypt Cards and Payments Market. Qualitative and quantitative insights are evaluated in Egypt Cards and Payments Market research report, and the market size, growth, and share are also included in Egypt Cards and Payments Market research report. Egypt Cards and Payments Market also offers analysis and insights and analysis regarding various factors during the projected period.

Get FREE PDF Sample of the Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4298800

Egypt Cards and Payments Market Report provides detailed analysis of market trends in the Egyptian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, cheques and direct debits during the review-period (2016-20e).

Egypt Cards and Payments Market 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 (2020e-24f). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes.

Egypt Cards and Payments Market Report brings together RNR 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.

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

Scope of this Report-
- The rising adoption of contactless payments during the review period drove overall card payments in Egypt. To capitalize on their growing popularity, major banks in the country including QNB Alahali, Credit Agricole, ABK-Egypt, and ADIB-Egypt now offer contactless cards. In March 2020, The United Bank of Egypt launched NFC cards for all its customers across 64 branches in Egypt. According to a transit survey conducted by Visa in early 2020, over 58% of surveyed commuters preferred to use contactless methods for payments if available. To promote contactless payments amid the COVID-19 pandemic, in March 2020 the Egyptian government doubled the contactless payment limit from EGP300 ($18.69) to EGP600 ($37.39).
- To encourage the use of cashless payments, in May 2020 the CBE launched an initiative to encourage merchant acceptance of electronic payments by funding the entire cost of deploying 100,000 POS terminals in the country by December 2020, at key locations such as supermarkets, gas stations, and pharmacies. Electronic payments in Egypt are also supported by increasing use of mobile wallets including PayPal, Masterpass, CIB Smart Wallet, and Raseedy Wallet. In August 2020, Cairo-based payment processing firm Paymob started supporting electronic payments in the country by enabling SMEs in Egypt to launch ecommerce sites.
- The government is taking steps to encourage electronic payments. Effective from May 1, 2019, all citizens are required to make electronic payments for government services, taxes, and fees in excess of EGP500 ($31.15). The government has also installed 7,000 POS terminals at government institutes, universities, traffic departments, and registration offices. Citizens can use their 123 Network debit and prepaid cards to make payments.

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

Get Discount on Purchase this Report @ https://www.reportsnreports.com/purchase.aspx?name=4298800

Table of Contents
Payment Instruments
Card-based Payments
Ecommerce Payments
Alternative Payments
Job Analysis
Payment Innovations
Payment Infrastructure & Regulation
Appendix

+ 1 888 391 5441
sales@reportsandreports.com

ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.

This release was published on openPR.