Malaysia Payment Market 2017-By Facilitate Decision Making on the Basis of Historic and Forecasts Data
Oct 5, 2017
Pune, India, 5th October 2017: WiseGuyReports announced addition of new report, titled “Payments Landscape in Malaysia: Opportunities and Risks to 2021”.
Pune, India - October 5, 2017 /MarketersMedia/ —
Summary
"Payments Landscape in Malaysia: Opportunities and Risks to 2021", report provides detailed analysis of market trends in Malaysian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, direct debit, cash, payment cards, and cheques during the review-period (2013-17e).
The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2017-21f). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes.
GET SAMPLE REPORT @ https://www.wiseguyreports.com/sample-request/2368346-payments-landscape-in-malaysia-opportunities-and-risks-to-2021
The report brings together research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers details of regulatory policy and recent changes in the regulatory structure.
This report provides top-level market analysis, information and insights into Malaysian cards and payments industry, including -
- Current and forecast values for each market in the Malaysian cards and payments industry, including debit, credit, and charge cards.
- Detailed insights into payment instruments including credit transfers, direct debit, cheques, cash, and payment cards. It also, includes an overview of the country's key alternative payment instruments.
- E-commerce market analysis and payment methods.
- Analysis of various market drivers and regulations governing Malaysian cards and payments industry.
- Detailed analysis of strategies adopted by banks and other institutions to market debit, credit, and charge cards.
Scope
- Malaysia’s payment card market has recorded strong uptake in contactless technology, with all major banks including Maybank, Bank Simpanan Nasional (BSN), CIMB Bank, Public Bank, and Hong Leong Bank now offering contactless cards. The number of contactless POS terminals stood at 33,721 in 2016, increasing almost sevenfold from 4,839 terminals in 2015. To further encourage contactless payments, banks are launching innovative products. Maybank collaborated with Visa in January 2016 to launch an NFC wristband, Maybank Visa Payband, to enable its customers to make payments with a wave of the wrist.
- A growing preference for secure electronic payments, growth in the young population, and deeper smartphone penetration have prompted banks, payment service providers, and telecom companies to launch new payment solutions to gain market share. Samsung Electronics, CIMB Bank, and Maybank all launched mobile wallets between 2016 and 2017.
- To provide impetus to the e-commerce market, the Malaysian government implemented the DFTZ as part of the National E-commerce Strategic Roadmap. Launched in March 2017, this is a national initiative developed by the Malaysia Digital Economy Corporation in partnership with Alibaba that aims to support digital services, international e-commerce, and internet-based innovations.
Reasons to buy
- Make strategic business decisions, using top-level historic and forecast market data, related to Malaysian cards and payments industry and each market within it.
- Understand the key market trends and growth opportunities in Malaysian cards and payments industry.
- Assess the competitive dynamics in the Malaysian cards and payments industry.
- Gain insights into marketing strategies used for various card types in Malaysia.
- Gain insights into key regulations governing Malaysian cards and payments industry.
Table of Content: Key Points
Market Overview
Card-based Payments
E-commerce Payments
Alternative Payments
Payments Infrastructure & Regulation
Appendix
…Continued
ACCESS REPORT @ https://www.wiseguyreports.com/reports/2368346-payments-landscape-in-malaysia-opportunities-and-risks-to-2021
Get in touch:
LinkedIn: www.linkedin.com/company/4828928
Twitter: https://twitter.com/WiseGuyReports
Facebook: https://www.facebook.com/Wiseguyreports-1009007869213183/?fref=ts
Contact Info:
Name: NORAH TRENT
Email: Send Email
Organization: WISEGUY RESEARCH CONSULTANTS PVT LTD
Address: Office No. 528, Amanora Chambers
Phone: +91 841 198 5042
For more information, please visit http://www.wiseguyreports.com
Source: MarketersMedia
Release ID: 246291
More News
Powerful Earthquake in Tibet Kills at Least 16
Dozens were injured and more than 300 homes were toppled by the 7.0-magnitude quake, which sent residents fleeing into the cold night air, state media said.
Rare Suu Kyi phone call to son signals shift in Myanmar junta strategy
The son of Myanmar’s Aung San Suu Kyi said she sounded “fairly healthy” after speaking to the detained ex-democratic leader on Thursday for the first time in more than five years. Suu Kyi, 81, is under house arrest in the capital, Naypyidaw, according to Myanmar authorities, where she has been sequestered since being unseated in a 2021 military coup. “She was sounding fairly healthy,” Kim Aris, who lives in the UK, said after the telephone conversation. It was the first time he had spoken to his...
Nepal set to receive first-ever US$20 million payout from UN climate damage fund
The United Nations’ climate loss and damage fund moved to provide US$20 million in aid sought by flood-stricken Nepal – the first time it has set aside money for any country – in a key test of the body’s credibility. In an extraordinary meeting on Thursday, the fund’s board agreed to earmark the modest sum for the Himalayan country, which was hit in August by tsunami-like floods triggered by a climate-induced ice and rock avalanche that killed more than 1,400 people and left over 5,000...
Vietnam partners with Denmark to propel its wind energy ambition
A wind energy partnership between Vietnam and Denmark has fuelled expectations of the Southeast Asian country boosting its competitiveness in renewable electricity to serve overseas and domestic markets. Vietnam is well placed to grow its renewable electricity sector by tapping its large pool of engineering talent and abundant wind resources with help from Denmark, a global leader in wind energy, according to analysts. On Tuesday, the two countries signed a comprehensive strategic partnership...
Inflation-squeezed Japanese flock to claw machines dangling everyday items
With one eye on her baby in a stroller, Minae Kamata operates an arcade machine in a Tokyo suburb, manipulating a claw to grab not a stuffed toy but a pack of toilet paper. As inflation weighs on Japanese households, huge arcades on the outskirts of major cities are installing claw machines filled with eggs, rice, laundry detergent and other necessities. The “shop-and-play destinations” merge essential buying with entertainment so that families do not feel a choice between bringing home the...
China, Djibouti Express ‘Serious Concern’ Over Threats to Red Sea Shipping
A joint communique ups the diplomatic rhetoric but offers no solutions.
As Typhoon Champi Nears, Taiwan’s Mayors Bet on a Popular Day Off
One expert said the likelihood that a mayor announces closure of work and school because of a typhoon increases 31 percent during an election year.
PHP Security Flaw Sets Off Global Rush to Patch, Leaving Websites Offline
Governments and businesses around the world scrambled to prevent hackers from exploiting a vulnerability in PHP, a popular programming language.
This Time, the Korean Loudspeaker Standoff Is Different
Typically, South Korea has used loudspeakers to respond to North Korean provocations. Now Pyongyang has vowed to turn them on – and the prospects for de-escalation are dim.
The US Is Losing to China in the Battle of Global Influence
China is building a dense network of relationships across all pillars of influence while the United States continues to weaken the institutions it traditionally used to compete.
Singapore pushes for quick action on PHP security flaws as hackers prowl
Organisations in Singapore have been urged to immediately fix two critical security flaws in a widely used programming language amid reports of widespread attempts by hackers to exploit the vulnerabilities. The flaws in PHP, which powers many websites and online services, could allow attackers to take control of web servers, steal data or disrupt services without needing login credentials, Singapore’s Commissioner of Cybersecurity Gwenda Fong said on Thursday. “The threat is immediate,” Fong,...
Unitree developing AI system to let humanoid robots improve themselves
Unitree Robotics is developing a “self-evolving” feedback loop designed to allow humanoid robots to write code, run simulations and improve their real-world performance independently, founder Wang Xingxing said, in a move that mirrors a broader push towards “self-improving” artificial intelligence. Speaking on Thursday at a physical AI conference hosted by Unitree in Hangzhou, Wang unveiled the project, dubbed “Unitree Rehearsal”, which he called the company’s most important initiative of the...
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.