Wider acceptance is boosting the use of personal debit cards in Malaysia. The rising popularity of personal debit cards underpins the growth in the number of cards and volume and value transactions. The increased numbers of POS terminals is widening the acceptance of debit cards nationwide. That this is occurring without incurring minimum spend requirements further boosts the use of personal debit cards. The development of commercial debit cards is slower than that of personal debit cards in ter...
Euromonitor International's Debit 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 Debit Card Transactions, Personal Debit 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 Debit 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.
Debit Cards in Malaysia
Euromonitor International
November 2023
List Of Contents And Tables
DEBIT CARDS IN MALAYSIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Strong uptick in the use of debit cards as acceptance widens and the government promotes cashless payments
Convenience and time-saving benefits have a push-pull effect on debit cards
Commercial debit cards see greater usage with the resumption of normal business activities
PROSPECTS AND OPPORTUNITIES
Debit card use set to surge with more terminals being installed to promote usage
The government is set to continue to stimulate cashless payments and fight fraud
Launch of multicurrency debit cards by leading banks in response to strong surge in cross-border travel
CATEGORY DATA
Table 1 Debit Cards: Number of Cards in Circulation 2018-2023
Table 2 Debit Cards Transactions 2018-2023
Table 3 Debit Cards in Circulation: % Growth 2018-2023