Market Research Reports, Inc. has announced the addition of “South Korea's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape” research report to their offering. more information visit: http://mrr.cm/ZZ8

1. Emerging
Opportunities, Trends, Size
, Drivers, Strategies, Produ
cts and Competitive
Landscape
Category : Banking & Finance
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2. Introduction to Report
 Launch Date: February 17, 2014
 Number of Pages: 104
 Geography Coverage: South Korea
 Available Format: PDF
Price For Single User License: USD 3,995
Price For Site License: USD 7,990
Price For Global User License: USD 11,985
Delivery Time: Within 24 Hours (During Working Days)
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3. About the Report
The South Korean card payments channel registered
growth during the review period (2009–2013) posting a
compound annual growth rate (CAGR) of 4.22% to reach
294.4 million cards in circulation by the end of 2013. The
card payments channel valued KRW986.0 trillion
(US$899.5 billion) in 2013.
The government reduced tax deductions on credit card
transactions and increased tax deductions for debit and
prepaid cards. During the first three quarters of
2011, merchandize credit valued KRW1.6 trillion (US$1.44
billion), whereas during the first three quarters of
2012, that value was reduced to KRW0.1 trillion (US$90
million).
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4. Research Findings
The South Korean card payments channel registered
growth during the review period (2009–2013) posting a
compound annual growth rate (CAGR) of 4.22% to reach
294.4 million cards in circulation by the end of 2013. The
card payments channel valued KRW986.0 trillion
(US$899.5 billion) in 2013.
The debit card category occupied the largest share and
grew at a review-period CAGR of 4.19%. Over the forecast
period (2014−2018) the debit card category is expected to
post a CAGR of 1.84%. The credit card category occupied
the second-largest share at a review-period CAGR of
2.82%. The credit card category is expected to register a
forecast-period CAGR of 1.80%.
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5. Research Findings Continues..
NFC-based platforms for smartphones increased the
volume of mobile commerce (m-commerce) transactions
in South Korea. SK Telecom and KT jointly sold 250,000
NFC-enabled Samsung Galaxy Notes in December 2011
alone.
The debit card category occupied the largest share and
grew at a review-period CAGR of 4.19%.
Over the forecast period (2014−2018) the debit card
category is expected to post a CAGR of 1.84%.
The credit card category occupied the second-largest
share at a review-period CAGR of 2.82%.
The credit card category is expected to register a
forecast-period CAGR of 1.80%. An increase in household
debt burden has prompted the South Korean government
to introduce measures to discourage credit card spending.
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6. Scope
This report provides a comprehensive analysis of South
Korea's cards and payments industry.
It provides current values for South Korea's cards and
payments industry for 2013, and forecast figures for the
period up to 2018.
It details the different economic, infrastructural and
business drivers affecting South Korea's cards and
payments industry.
It outlines the current regulatory framework in the
industry.
It details the marketing strategies used by various banks
and other institutions.
It profiles the major banks in South Korea's cards and
payments industry.
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7. Report Coverage
1. Executive Summary
2. Analysis of Industry Environment, Key Trends and Drivers
3. Cards and Payments Industry Share Analysis
4. Regulatory Framework and Card Fraud Statistics
5. Emerging Consumer Attitudes and Trends
6. Analysis of Card Payments and Growth Prospects
7. Analysis of Credit Card Payments and Growth Prospects
8. Analysis of Debit Card Payments and Growth Prospects
9. Analysis of Charge Card Payments and Growth Prospects
10. Analysis of Prepaid Card Payments and Growth Prospects
11. Merchant Acquiring
12. Company Profiles of Card Issuers
13. Appendix
For more details regarding Report coverage see the last slide
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8. Company Coverage
1.
2.
3.
4.
5.
6.
7.
8.
9.
Shinhan Bank
Woori Bank
Korea Exchange Bank Nonghyup Bank
Samsung Card Hyundai Card KB Kookmin Card
Citibank Korea
MasterCard
Visa
American Express
Diners Club
For more details regarding Report coverage see the last slide
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10. How To Buy This Report?
Visit following URL to see Table of Content and
purchase this publication:
http://www.marketresearchreports.com/timetric/southkoreas-cards-and-payments-industry-emergingopportunities-trends-size-drivers
About Market Research Reports, Inc.
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