The resumption of daily routines as the country emerges out of the Coronavirus (COVID-19) crisis has sparked spending on both personal and commercial credit cards. In 2023, the number of commercial credit cards in circulation is rebounding, following declines caused by the effects of the pandemic on the business and travel operations of companies. The reopening of society and related growth in both personal and commercial credit cards in volume and current value transactions is leading to a surg...
Euromonitor International's Credit 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 Credit Card Transactions, Personal Credit 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 Credit 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.
Credit Cards in Malaysia
Euromonitor International
November 2023
List Of Contents And Tables
CREDIT CARDS IN MALAYSIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Consumer spending through credit cards grows in 2023 as the reopening of society sparks usage
New product innovation with travel-related benefits to meet rising travel needs
Rising trend of virtual credit cards and mobile payments in conjunction with surging number of tech-savvy consumers
PROSPECTS AND OPPORTUNITIES
Positive outlook for personal and commercial credit cards
Credit card players compete strongly with Buy Now Pay Later (BNPL) through the offer of more interest-free options
Partnerships and personalised benefits and features to add dynamism to the credit card offer
CATEGORY DATA
Table 1 Credit Cards: Number of Cards in Circulation 2018-2023
Table 2 Credit Cards Transactions 2018-2023
Table 3 Credit Cards in Circulation: % Growth 2018-2023