Malaysians demonstrate a clear preference for credit cards over charge cards, with the latter seeing relatively low demand by the end of the review period. This trend can be attributed to the limited number of issuers offering charge cards, which restricts their availability and hinders widespread adoption. In fact, many banks have ceased offering charge cards, especially commercial charge cards, due to the lack of demand.
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
December 2024
List Of Contents And Tables
CHARGE CARDS IN MALAYSIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Limited growth for charge cards as credit cards remain preferred choice
Resumption of business travel boosts commercial charge card usage
Maybank remains dominant player
PROSPECTS AND OPPORTUNITIES
Usage of charge cards expected to remain low over the forecast period
Travel-related expenses will dominate charge card spending
Rising competition from credit cards offering travel rewards
CATEGORY DATA
Table 1 Charge Cards: Number of Cards in Circulation 2019-2024
Table 2 Charge Cards Transactions 2019-2024
Table 3 Charge Cards in Circulation: % Growth 2019-2024