Payments Landscape in Singapore: Opportunities and Risks to 2022- DBS Bank, United Overseas Bank, OCBC Bank, Citibank, Standard Chartered Bank, HSBC, Maybank, NETS

"Payments Landscape in Singapore: Opportunities and Risks to 2022", 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 cash, cards, credit transfers, direct debits, and cheques during the review-period (2014-18e).

The 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 (2018e-22f). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.

Major Key Players:

DBS Bank, United Overseas Bank, OCBC Bank, Citibank, Standard Chartered Bank, HSBC, Maybank, NETS, Visa, Mastercard, American Express, Diners Club, China UnionPay, JCB

Get sample copy of the Report: https://www.reportsweb.com/inquiry&RW00012414158/sample

The report brings together Publisher's 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 and recent changes in regulatory structure.

This report 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 cash, cards, credit transfers, direct debits, and cheques. 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 Singaporean cards and payments industry.
- Detailed analysis of strategies adopted by banks and other institutions to market debit, credit, and charge cards.

Know more about Report: https://www.reportsweb.com/inquiry&RW00012414158/buying

Scope:

- In November 2017 the Singapore Payments Council announced the development of SGQR, a common standard for QR code payments that is designed to work across all schemes, e-wallets, and banks in the market. The new payment system - which was developed by an industry taskforce co-led by the Monetary Authority of Singapore (MAS) and Info-communications Media Development Authority - was officially launched in September 2018. For consumers the new standard means that any QR code-based service they choose should be able to be used at any merchant, simplifying the purchasing experience and thus boosting electronic and mobile payments.
- Contactless has become a mainstream payment method in Singapore, with banks, retailers, transport systems, and universities embracing the technology. Banks in Singapore have been at the forefront, with DBS Bank, United Overseas Bank (UOB), OCBC Bank, Citibank, and Standard Chartered Bank all offering contactless cards. On November 30, 2018 the Land Transport Authority expanded the trial of its account-based ticketing system for contactless public transport payments to Visa and NETS. The system enables users to tap their contactless credit or debit card on bus or MRT fare readers to pay for public transport. The NETS pilot will be open to users with a NETS contactless bank card from DBS Bank/POSB Bank, OCBC Bank, or UOB. The system has already been tested with Mastercard in a pilot project that involved more than 100,000 participants, with over 26 million trips made using the new system.

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.

Place Direct Purchase order For Complete report @https://www.reportsweb.com/inquiry&RW00012414158/discount

Table of Content:

Contact us:

Phone : +1-646-491-9876

E-Mail : [email protected]

Posted by on Friday January 11 2019, 4:30 AM EST. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0

Comments are closed

Featured Press Releases

Log in