The Cards and Payments Industry in Singapore Market: check payments, payment cards, cash transactions
GlobalDatas "The Cards and Payments Industry in Singapore: Emerging Trends and Opportunities to 2020", report provides detailed analysis of market trends in the Singaporean cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including direct debits, check payments, payment cards, cash transactions and credit transfers during the review period (2012-2016).
Request For Sample Report @ https://www.marketresearchreports.biz/sample/sample/1064617
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 (2016-2020). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes.
The report brings together GlobalDatas 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.
Complete Report Details @ https://www.marketresearchreports.biz/reports/1064617/the-cards-and-payments-industry-in-singapore-emerging-trends-and-opportunities-to-2020-market-research-reports
Competition in Singapores alternative payments market increased following the launches of Apple Pay, Android Pay and Samsung Pay. Domestic banks and telecoms operators are taking advantage of the trend by launching their own solutions. Liquid Group launched the Liquid Pay mobile wallet in November 2016, and in May 2016 relaunched Dash in collaboration with Standard Charted Bank, Citibank, DBS Bank, OCBC Bank, and UOB telecom provider Singtel.
Singapores payment cards market has recorded a strong uptake in contactless technology with all major banks including DBS Bank, UOB, OCBC Bank and Citibank now offering contactless cards. To further encourage contactless payments, UOB removed the restriction on transaction limits of US$69.1 (SGD100) for contactless payments in May 2016. Similarly, DBS Bank increased its contactless payment limit from US$69.1 (SGD100) to US$138.2 (SGD200) in June 2016. While, other banks are contemplating to increase minimum transaction limit for contactless payments.
Have Any Query? Ask Our Expert @https://www.marketresearchreports.biz/sample/enquiryBuy/1064617
In July 2016, Mastercard and the Land Transport Authority of Singapore (LTA) announced a pilot scheme whereby passengers can use contactless cards to make public transport payments, allowing the usage of credit and debit cards for fare payments. If the pilot is successful, the country would join handful of locations, like London and Sydney, which embraced contactless debit and credit payments on their transit systems. These initiatives are anticipated to propel contactless transactions in Singapore.
This report also provides top-level market analysis, information and insights into the Singaporean cards and payments industry, including -
- Current and forecast values for each market in the Singaporean cards and payments industry, including debit, credit and charge cards.
- Detailed insights into payment instruments including direct debit, 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 payment methods.
- Analysis of various market drivers and regulations governing the Singaporean 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 in the Singaporean cards and payments industry.
- This report provides a comprehensive analysis of the Singaporean cards and payments industry.
- It provides current values for the Singaporean cards and payments industry for 2016, and forecast figures to 2020.
- It details the different demographic, economic, infrastructural and business drivers affecting the Singaporean cards and payments industry.
- It outlines the current regulatory framework in the industry.
- It details marketing strategies used by various banks and other institutions.
Reasons to buy
- Make strategic business decisions, using top-level historic and forecast market data, related to the Singaporean cards and payments industry and each market within it.
- Understand the key market trends and growth opportunities in the Singaporean cards and payments industry.
- Assess the competitive dynamics in the Singaporean cards and payments industry.
- Gain insights into marketing strategies used for various card types in Singapore.
- Gain insights into key regulations governing the Singaporean cards and payments industry.
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
90 State Street, Suite 700
Albany, NY 12207
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Cards and Payments Industry in Singapore Market: check payments, payment cards, cash transactions here
News-ID: 647752 • Views: 432
More Releases from MarketResearchReports.biz
Hydro-flyers Market: Moving Towards a Brighter Future
A hydro-flyer is an adventure sporting device which uses the propulsion of water jet technology to create continuous flight movement, where the lift and movement are controlled by the flyer. Hydro-flyers sporting devices make use of the flow of water power to drive the flyer to reach soaring heights. The rise in water sporting facilities is one of the major factors that promote the growth and demand for hydro-flyers in
Outdoor Floodlights: Technology and Market Dynamics
Outdoor floodlights is a reliable, highly efficient, and economical solution for a wide range of outdoor applications. These lights are resistant to temperature fluctuations and they remain stable even in extreme climatic conditions. Unlike the traditional lights, floodlights remain stable and functional even in harsh climatic conditions. This makes them ideal for use in any climate and any outdoor application. Outdoor floodlights save a significant amount of energy and consume
Snow Helmets Market Future Prospects and Regional Outlook
Riders are riding faster and getting bolder day by day. Hence, safety equipment need to be updated as per the requirement and changing time. Earlier, helmets were primarily used by extreme skiers and racers. They were used only on slopes. However, later, the use of helmets was made compulsory. Earlier, bulky black helmets were used by riders, which are outdated at present. Currently, new stylish helmets that can match with
Predictions for 2019: Global Sparkling Water Dispensers Industry Is Set to Boom
Sparkling water dispensers are equipment used for dispensing carbonated water. These dispensers mix the still, filtered water with carbon dioxide before dispensing. Sparkling water dispensers are mostly used in households and commercial establishments such as amusement parks, hotels, restaurants, and sports arenas. A sparkling water dispenser has separate outlets for hot water and cold water. The hot water outlet does not require a separate filtration process. However, cold water is
More Releases for Singapore
Magento development company singapore
Suria International, a leading Magento web development company An online shop is the need of the hour in the age of eCommerce and mCommerce. Advancing technology has introduced several platforms to build feature-rich online stores, but Magento has remained a preferred choice of many online retailers for years. High scalability, broad system support, and result-oriented adaptability have made Magento eCommerce development popular worldwide. Magento, with its three variants- Magento Community Edition, Magento
Digital banking in Singapore
What will be the impact of digital banks in Singapore? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights in Business Times – Singapore. More and more countries worldwide are issuing full bank licenses to digital-only banks. The competition from digital banks is being seen as a favorable development for the consumer. Digital banks with fewer physical branches and Automated Teller Machines to maintain could incur lower costs
Peoplewave selected for Startup Station Singapore by Facebook and IMDA Singapore
20 February 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, has been selected to participate in Startup Station Singapore 2019. Startup Station Singapore is a partnership between Facebook and the Infocomm Media Development Authority (IMDA) Singapore. Kicking off in February 2019, this programme will empower data-driven startups to accelerate their businesses in new and cutting-edge ways, while continuing to keep peoples’ trust, transparency and control over their data at
Baby Food Sector in Singapore Global Report 2018: Top Key Players - Abbott Labor …
The Baby Food Sector in Singapore, 2018", is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Singapore market. The development of the baby food sector in Singapore goes beyond the realms of disposable income and is more often dependent on attitudes to industrially prepared foods in general, the desire for convenient alternatives, and the employment status of women. Baby food manufacturers
ITIL Singapore Certification Training at Vinsys. Get ITIL Training with EXIN & PeopleCert Accredited ITIL Certification Training with IT Tactic of Business Vision ITIL Singapore. ITIL Foundation Singapore is the most widely recognized entrance-level ITIL certification for IT professionals. IT departments need qualified specialists who can carry effective IT services. This ITIL Singapore training will show you the ITIL Singapore services lifecycle, how lifecycle steps are linked, processes elaborate, and finest
Hosiery in Singapore
Orbis Research delivers key insights on the Hosiery market in a new report titled “Hosiery in Singapore” In this report, Orbis Research sheds light on the various factors and trends impacting market growth over the forecast period. Hosiery in Singapore is an accessory, not a daily necessity, due to the hot and humid climate. Therefore its growth largely depends on fashion trends, particularly men’s desire to accessorise with the colourful addition