New Market Study on The Cards and Payments Industry in Japan: Emerging Trends and Opportunities to 2019 Published By :MarketResearchReports.biz

MarketResearchReports.Biz announces addition of new report “ The Cards and Payments Industry in Japan: Emerging Trends and Opportunities to 2019.

Description

Timetrics 'The Cards and Payments Industry in Japan: Emerging Trends and Opportunities to 2019' report provides detailed analysis of market trends in Japan's cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, payment cards, cash transactions and check payments during the review period (20102014).

The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, and transaction values and volumes during the review period and over the forecast period (20152019). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.

The report brings together Timetrics research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies, recent changes in regulatory structure and profiles of card issuers operating in the country.

Summary

Timetrics 'The Cards and Payments Industry in Japan: Emerging Trends and Opportunities to 2019' report provides top-level market analysis, information and insights into Japan's cards and payments industry, including:

Current and forecast values for each market in Japan's cards and payments industry, including debit card, credit and charge cards. It also includes detailed analysis of the prepaid card market.

Detailed insights into payment instruments including credit transfers, cash transactions, checks and payment cards. It also, includes an overview of the country's key alternative payment instruments.

E-commerce market analysis and online payment types.

Analysis of various market drivers and regulations governing Japan's cards and payments industry.

Detailed analysis of strategies adopted by banks and other institutions to market debit, credit and charge cards.

Comprehensive analysis of consumer attitudes and buying preferences for cards.

The competitive landscape of Japan's cards and payments industry.

Download Full Version PDF report at: http://www.marketresearchreports.biz/sample/sample/690244

Scope

This report provides a comprehensive analysis of Japan's cards and payments industry.

It provides current values for Japan's cards and payments industry for 2014, and forecast figures to 2019.

It details the different demographic, economic, infrastructural and business drivers affecting Japan's cards and payments industry.

It outlines the current regulatory framework in the industry.

It details marketing strategies used by various banks and other institutions.

It profiles major card issuers in Japan's cards and payments industry.

Reasons To Buy

Make strategic business decisions, using top-level historic and forecast market data, related to Japan's cards and payments industry and each market within it.

Understand the key market trends and growth opportunities in Japan's cards and payments industry.

Assess the competitive dynamics in Japan's cards and payments industry.

Gain insights into marketing strategies used for various card types in Japan.

Gain insights into key regulations governing Japan's cards and payments industry.

Key Highlights

The Japanese government took a number of initiatives during the review period (20102014) to encourage electronic payments. As part of its Regional Revitalization policy rolled out in June 2014, the government urged banks to enhance the scope of domestic automatic teller machines (ATMs) to make them compatible with overseas-issued cards due to rise in inbound foreigners tourists. In January 2016, the Ministry of Economy, Trade and Industry announced plans to launch a mobile payment app for foreign visitors. Consumers can register passport and credit card details in the app and make payments at retail outlets by mobile phone. The app is expected to reduce the problem of non-acceptance of foreign-issued cards for visitors.

To enhance convenience for foreign travelers, Sumitomo Mitsui Banking, Mitsubishi UFJ and Mizuho Bank announced that they would make their ATMs compatible with accept foreign issued credit cards. Presently, only a few banks such as Japan Post Bank and Seven Bank offered ATMs that accept overseas cards for cash withdrawals. As part of the plan, Mitsubishi UFJ will install 1,000 ATMs during 20162020. Sumitomo Mitsui Banking also plans to install 1,000 ATMs by the end of March 2017.

The government aims to welcome 20 million tourists a year by 2020, but it is expected to surpass the target well before this date, as 19.7 million tourists visited Japan in 2015. The government abolished tax for foreign travelers on confectionary, cosmetics, food, alcohol and medicinal items from October 2014, to encourage the inflow of intentional tourists. According to the new law, tourists spending US$47.2 (JPY5,000) or above at specified merchants are eligible for a portion of tax exemption from their bills. Such a tax reform is expected to further increase inbound tourist expenditure.

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