The number of pre-paid cards in Malaysia continues to expand, fuelled by the country's push towards a more cashless economy. As part of the Malaysia Digital Economy Blueprint, the government is strongly promoting the adoption of digital payments to enhance efficiency and streamline financial transactions across various sectors. Pre-paid cards offer a solution for people who are unbanked, enabling them to access a wide range of digital payment services without needing a bank account. This is part...
Euromonitor International's Pre-Paid 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.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Pre-Paid 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.
Pre-Paid Cards in Malaysia
Euromonitor International
December 2024
List Of Contents And Tables
PRE-PAID CARDS IN MALAYSIA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Pre-paid cards benefit from government push towards cashless payment framework
Decline in use of closed-loop pre-paid cards as other cashless payment methods gain traction
Touch ‘n Go continues to play important role in pre-paid card landscape
PROSPECTS AND OPPORTUNITIES
Positive outlook for open-loop pre-paid cards, driven by government initiatives to promote financial inclusion
Virtual cards to gain popularity
Projected decline in usage of closed loop pre-paid cards
CATEGORY DATA
Table 1 Pre-paid Cards: Number of Cards in Circulation 2019-2024
Table 2 Pre-paid Cards Transactions 2019-2024
Table 3 Pre-paid Cards in Circulation: % Growth 2019-2024