The consistent growth of debit cards in Singapore can be attributed to the ongoing enhancement of benefits provided to debit cardholders. In the past, debit card offerings and associated benefits were generally outpaced by those offered by credit cards. However, in an attempt to stimulate the acceptance and utilisation of debit card transactions, several local banks and prominent debit card issuers have formed collaborations with various business entities. The objective of these partnerships is...
Euromonitor International's Debit Card Transactions in Singapore 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 Singapore
Euromonitor International
November 2023
List Of Contents And Tables
DEBIT CARDS IN SINGAPORE
KEY DATA FINDINGS
2023 DEVELOPMENTS
Ongoing benefits enhancement drives steady growth of debit card transactions
Evolving consumer behaviour and contactless function fuel growth of debit card transactions
PROSPECTS AND OPPORTUNITIES
Convenience, accessibility, and budget control to drive further growth of debit cards in Singapore's journey towards a cashless society
Debit card issuers embrace collaboration and partnerships to remain competitive in the evolving payment landscape
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