Charge cards continue to struggle to appeal widely, and consumer demand is set to remain relatively low at the end of the review period. This situation is confirmed by the limited supply of charge cards from banking institutions in Malaysia. Indeed, many banks have dropped their offer of charge cards, especially commercial charge cards, due to limited demand in the market. Over 2023, the numbers of personal and commercial charge cards in circulation are projected to continue to rebound following...
Euromonitor International's Charge Card Transactions in Malaysia report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Commercial Charge Card Transactions, Personal Charge Card Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Charge Card Transactions market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Charge Cards in Malaysia
Euromonitor International
November 2023
List Of Contents And Tables
CHARGE CARDS IN MALAYSIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Positive growth in the use of charge cards due to rebound in travel
Charge card players remain very thin on the ground in Malaysia
Buy Now Pay Later (BNPL) alternatives increase the pressure on charge cards
PROSPECTS AND OPPORTUNITIES
Charge cards is expected to remain a limited category in the forecast period
Travel-related expenses are likely to account for the highest usage of personal and commercial charge cards
Strong competition between credit cards and charge cards is expected to be a persistent trend in financial cards in Malaysia
CATEGORY DATA
Table 1 Charge Cards: Number of Cards in Circulation 2018-2023
Table 2 Charge Cards Transactions 2018-2023
Table 3 Charge Cards in Circulation: % Growth 2018-2023