Debit cards in Malaysia are expected to continue their upward trajectory in 2024, both in terms of the number of cards issued and transaction volumes. This growth is being fuelled by increasing consumer adoption of digital payments, alongside expanding merchant acceptance of card transactions. With more businesses across Malaysia installing point-of-sale (POS) terminals, debit cards are becoming a convenient and secure alternative to cash payments.
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
December 2024
List Of Contents And Tables
DEBIT CARDS IN MALAYSIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Debit cards continue to grow in popularity
Expansion in number of digital banks enhance financial inclusion
Commercial debit cards see increase in usage, thanks to rise in business activities
PROSPECTS AND OPPORTUNITIES
Debit cards will dominate everyday spending
Increased competition among debit card operators
Multi-currency debit cards will gain traction in response to surge in travel
CATEGORY DATA
Table 1 Debit Cards: Number of Cards in Circulation 2019-2024
Table 2 Debit Cards Transactions 2019-2024
Table 3 Debit Cards in Circulation: % Growth 2019-2024