The UAE is an open economy with a high per capita income and annual trade surplus. It is a federation of seven emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras al- Khaimah, Sharjah and Umm al-Quwain, formed on December 2, 1971. The government transformed the economy by forming a business environment which directly benefits the economic growth of the country. Such efforts have seen the UAE rapidly emerge as an important hub for international trade, finance and tourism which has attracted large inflows of foreign direct investment (FDI) and expatriate workers. Moreover, successful efforts at economic diversification have reduced the portion of GDP as a proportion of oil and gas output to 25%. The cards and payments industry grew at a CAGR of 7.18% during the review period and was primarily driven by the prepaid card category. It is expected to grow at a CAGR of 5.55% over the forecast period. During the review period, prepaid cards occupied the largest share in the overall cards and payments industry, and recorded a CAGR of 13.33%. Debit cards grew at a CAGR of 8.19% followed by charge cards which grew at a CAGR of 5.62% during the same period. Credit cards grew marginally, at a CAGR of 0.92%.

1. Emerging Opportunities in the UAEs Cards and Payments Industry: Market Size, Trends and Drivers,
Strategies, Products and Competitive Landscape
Synopsis
The report provides market analysis, information and insights into the UAEs cards and payments industry,
including:
Current and forecast values for each segment of the UAEs cards and payments industry including debit cards,
credit cards, prepaid cards and charge cards
Comprehensive analysis of the industrys market attractiveness and future growth areas
Analysis of various market drivers and regulations governing the UAEs cards and payments industry
Detailed analysis of the marketing strategies adopted for selling prepaid cards used by various bankers and
other institutions in the market
Comprehensive analysis of consumer attitudes and their buying preferences for cards
Competitive landscape of the UAEs cards and payments industry
Summary
The UAE is an open economy with a high per capita income and annual trade surplus. It is a federation of
seven emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras al- Khaimah, Sharjah and Umm al-Quwain, formed
on December 2, 1971. The government transformed the economy by forming a business environment which
directly benefits the economic growth of the country. Such efforts have seen the UAE rapidly emerge as an
important hub for international trade, finance and tourism which has attracted large inflows of foreign direct
investment (FDI) and expatriate workers. Moreover, successful efforts at economic diversification have
reduced the portion of GDP as a proportion of oil and gas output to 25%. The cards and payments industry
grew at a CAGR of 7.18% during the review period and was primarily driven by the prepaid card category. It
is expected to grow at a CAGR of 5.55% over the forecast period. During the review period, prepaid cards
occupied the largest share in the overall cards and payments industry, and recorded a CAGR of 13.33%. Debit
cards grew at a CAGR of 8.19% followed by charge cards which grew at a CAGR of 5.62% during the same
period. Credit cards grew marginally, at a CAGR of 0.92%.
Scope
This report provides a comprehensive analysis of the UAEs cards and payments industry
It provides current values for the UAEs cards and payments industry for 2012 and forecast figures for 2017
It details the different macroeconomic, infrastructural, consumer and business drivers affecting the UAEs
cards and payments industry
It outlines the current regulatory framework in the industry
It details the marketing strategies used by various bankers and other institutions
It profiles the major banks in the UAEs cards and payments industry
Reasons To Buy
Emerging Opportunities in the UAEs Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive L

2. Make strategic business decisions using historic and forecast market data related to the UAEs cards and
payments industry and each industry within it
Understand the key market trends and growth opportunities within the UAEs cards and payments industry
Assess the competitive dynamics in the UAEs cards and payments industry
Gain insights into the marketing strategies used for selling various types of cards in the UAE
Gain insights into key regulations governing the UAEs cards and payments industry
Key Highlights
The UAE's card industry as a whole grew significantly at a CAGR of 7.18% during the review period,
primarily driven by the debit and prepaid card categories.
The overall card industry is expected to grow at a CAGR of 5.56% over the forecast period, driven primarily
by the prepaid cards category, which is expected to grow at a CAGR of 9.45%.
As banking customers become more sophisticated, banks are looking to differentiate their product offerings,
and card customization is gaining attention.
Contactless and NFC payments are also being rolled out extensively across the UAE.
The growing market for online trade in the UAE is one of the primary factors responsible for the expansion of
the countrys cards and payments industry.
1 Executive Summary
2 Market Attractiveness And Future Prospects Of Cards And Payments Industry
3 Analysis Of The Uae Cards And Payments Industry Drivers
3.1 Infrastructure Drivers
3.1.1 Migration To Emv Cards
3.1.2 Adaption Of Smart Cards
3.1.3 Ict Based Mobile Payments For Government Services
3.1.4 Emergence Of Nfc And Contactless Technology
3.1.5 Dubai Metro Launches Prepaid Card
3.1.6 Innovative Ivestor Prepaid Card
3.1.7 Growing Number Of Pos
3.1.8 Growing Number Of Atms
3.2 Business Drivers
3.2.1 Growing Retail Industry
3.2.2 Growth In E-commerce
3.2.3 Growth In Mobile Commerce
3.2.4 Outbound Business And Leisure Travel And Tourism
3.3 Other Growth Drivers
3.3.1 Consumer Confidence Index
3.3.2 Gdp Growth
3.3.3 Inflation Rate
3.4 Card Fraud Statistics
3.5 Regulatory Framework
3.5.1 Uae Mandates The Migration To Emv Chip And Pin
Emerging Opportunities in the UAEs Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive L

3. 3.5.2 Provisions For Use Of Credit Cards
3.5.3 Uae Mandates The Use Of Ibans
4 Emerging Consumer Attitudes And Trends
4.1 Market Segmentation And Targeting
4.2 Retail Segment
4.2.1 Targeting High Net Worth Individuals (hnwis)
4.2.2 Cards Targeted At Niche Segments
4.2.3 Cards Targeted At Outbound Leisure Tourists
4.3 Corporate Segment
4.3.1 Businesses And Departments
4.3.2 Cards Offered For Outbound Business Travelers
4.4 Consumer Preference
4.4.1 Price
4.4.2 Services
4.4.3 Convenience
4.5 Online Buying Behaviour
4.6 Preferred Payment Methods
5 Competitive Landscape And Industry Dynamics
5.1 Market Share Analysis By Payment Channels
5.1.1 Overview Of Payment Channels
5.1.2 Cards Payments
5.1.3 Check Payments
5.2 Debit Cards
5.2.1 By Bank
5.2.2 By Scheme
5.3 Credit Cards
5.3.1 By Bank
5.3.2 By Scheme
5.4 Charge Cards
6 Strategies Adopted By Key Players
6.1 Market Entry Strategies
6.2 Marketing And Product Strategy
6.2.1 Credit Cards
6.2.2 Debit Cards
6.2.3 Charge Cards
6.3 Pricing Strategies
7 Market Size And Growth Potential Of Payment Card Industry
7.1 Market Share Analysis By Type Of Card
7.2 Total Market Size And Forecast Of Card Industry
7.2.1 Analysis By Number Of Cards
7.2.2 Analysis By Transaction Value
7.2.3 Analysis By Transaction Volume
7.3 Debit Card Category Size And Forecast
Emerging Opportunities in the UAEs Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive L

4. 7.3.1 Analysis By Number Of Cards
7.3.2 Analysis By Transaction Value
7.3.3 Analysis By Transaction Volume
7.3.4 Other Key Performance Indicators
7.4 Prepaid Card Category Size And Forecast
7.4.1 Analysis By Number Of Cards
7.4.2 Analysis By Segments - Open And Closed-loop Cards
7.4.3 Analysis By Transaction Value
7.5 Charge Card Market Size And Forecast
7.5.1 Analysis By Number Of Cards
7.5.2 Analysis By Transaction Value
7.5.3 Analysis By Transaction Volume
7.5.4 Frequency Of Use
7.6 Credit Card Category Size And Forecast
7.6.1 Analysis By Number Of Cards
7.6.2 Analysis By Transaction Value
7.6.3 Analysis By Transaction Volume
7.6.4 Other Key Performance Indicators
8 Company Profiles, Product, And Marketing Strategies
8.1 Abu Dhabi Commercial Bank
8.1.1 Strategies
8.1.2 Abu Dhabi Commercial Bank Key Financial
8.2 Dubai Islamic Bank
8.2.1 Strategies
8.2.2 Dubai Islamic Bank Key Financial
8.3 Emirates National Bank Of Dubai
8.3.1 Strategies
9 Appendix
9.1 Methodology
9.2 Contact Us
9.3 About Timetric
9.3.1 Timetrics Approach
9.4 Services
9.5 Disclaimer
About Us:
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Emerging Opportunities in the UAEs Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive L

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Emerging Opportunities in the UAEs Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive L