ResearchMoz

Emerging Opportunities in South Koreas Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape

Timetric
Published Date » 2013-01-08
No. Of Pages » 94
 
 
  Synopsis  
     
  The report provides market analysis, information and insights into South Korea’s cards and payments industry, including:  
     
 
 
 Current and forecast values for each category of South Korea’s cards and payments industry including debit cards, credit cards, prepaid cards and charge cards 
 Comprehensive analysis of the industry’s market attractiveness and future growth areas 
 Analysis of various market drivers and regulations governing South Korea’s cards and payments industry 
 Detailed analysis of the marketing strategies adopted for selling various categories of cards such as debit, credit, prepaid and charge cards used by various bankers and other institutions in the market 
 Comprehensive analysis of consumer...
Table of Content

1 Executive Summary

2 Market Attractiveness and Future Prospects of the Cards and Payments Industry

3 Analysis of the South Korean Cards and Payments Industry Drivers
3.1 Macroeconomic Drivers
3.1.1 Inflation
3.1.2 Central Bank Benchmark Interest Rate
3.1.3 Unemployment Rate
3.2 Consumer Drivers
3.2.1 Annual disposable income
3.2.2 Increasing volume of economically active population
3.2.3 Urbanization
3.3 Infrastructure Drivers
3.3.1 USB credit cards
3.3.2 Contactless cards
3.3.3 Growth of mobile internet penetration
3.3.4 Growth of internet penetration
3.3.5 Growth of POS terminals
3.4 Business Drivers
3.4.1 Growth of online retail sales
3.4.2 Virtual stores at subway stations
3.4.3 Transportation cards
3.4.4 Growth of retail sales
3.4.5 Introduction of digital gift cards
3.5 Card Fraud Statistics
3.6 Regulatory Framework

4 Emerging Consumer Attitudes and Trends
4.1 Market Segmentation and Targeting
4.2 Consumer Preference
4.2.1 Price
4.2.2 Convenience
4.2.3 Value-added service
4.2.4 Rewards
4.2.5 Security
4.3 Online Buying Behaviour
4.3.1 Internet infrastructure and users in South Korea
4.3.2 Top e-commerce sites in South Korea
4.4 Preferred Payment Methods

5 Competitive Landscape and Industry Dynamics
5.1 Industry Share Analysis by Payment Channel
5.1.1 Overview of payment channels
5.1.2 Credit transfer
5.1.3 Direct debit
5.1.4 Cards
5.1.5 Checks
5.2 Debit Cards
5.2.1 By competitors
5.2.2 By scheme
5.3 Credit Cards
5.3.1 By competitor
5.3.2 By scheme
5.4 Charge Cards
5.4.1 By scheme

6 Strategies Adopted by Key Competitors
6.1 Market Entry Strategies
6.1.1 Market entry strategies of non-bank card issuers
6.2 Marketing / Product Strategy
6.2.1 Debit cards
6.2.2 Credit cards
6.2.3 Prepaid cards
6.3 Pricing Strategies

7 Market Size and Growth Potential of Payment Card Industry
7.1 Market Share Analysis by Type of Card
7.2 Total Size and Forecast of Card Industry
7.2.1 Analysis by number of cards
7.2.2 Analysis by transaction value
7.2.3 Analysis by transaction volume
7.3 The Debit Card Category Size and Forecast
7.3.1 Analysis by number of cards
7.3.2 Analysis by transaction value
7.3.3 Analysis by transaction volume
7.3.4 Other key performance indicators
7.4 Prepaid Card Category Size and Forecast
7.4.1 Number of cards by segment
7.4.2 Analysis by transaction value
7.5 Charge Card Category Size and Forecast
7.5.1 Analysis by number of cards
7.5.2 Analysis by transaction value
7.5.3 Analysis by transaction volume
7.5.4 Other key performance indicators
7.6 Credit Card Category Size and Forecast
7.6.1 Analysis by number of cards
7.6.2 Analysis by transaction value
7.6.3 Analysis by transaction volume
7.6.4 Other key performance indicators

8 Company Profiles, Product and Marketing Strategies
8.1 Citibank, Korea
8.1.1 Strategies
8.1.2 Debit Cards offered
8.1.3 Credit Cards offered
8.2 Woori Bank
8.2.1 Strategies
8.2.2 Debit Cards offered
8.2.3 Credit Cards offered
8.3 Daegu Bank (DGB Bank)
8.3.1 Strategies
8.3.2 Debit Cards offered
8.3.3 Credit Cards offered

9 Appendix
9.1 Methodology
9.1 Contact Us
9.2 About Timetric
9.3 Disclaimer
9.4 Definitions
9.5 Services
9.6 Disclaimer

List of Tables


Table 1: Interest Rate Changes of Central Bank of South Korea (%), 2008 2012
Table 2: Revised Loan Loss Reserve Requirements
Table 3: South Korea Payment Channels (KRW Million), 2008 and 2012
Table 4: Total Assets and Net Profits Of Foreign Banks In Korea By Ownership
Table 5: Daegu Bank Card Fees
Table 6: Citibank Card Fees
Table 7: South Koreas Cards and Payments Industry by Type of Card (Thousands), 20082017
Table 8: South Koreas Cards and Payments Industry Size by Volume (Thousands), 20082017
Table 9: South Koreas Cards and Payments Industry Size by Transaction Value (KRW Million)
Table 10: South Koreas Cards and Payments Industry Size by Transaction Value (US$ Million)
Table 11: South Koreas Cards and Payments Industry Size by Transaction Volume (Million)
Table 13: South Korea The Debit Card Category Size (KRW Million), 20082017
Table 14: South Korea The Debit Card Category Size (US$ Million), 20082017
Table 15: South Korea The Debit Card Category Size by Transaction Volume (Million), 20082017
Table 16: South Korea The debit card category Size by Frequency of Use
Table 17: South Korea Prepaid Card Category Size (Thousands), 20082017
Table 18: South Korea Open-Loop Prepaid Cards Segment Size (Thousands), 20082017
Table 19: South Korea Closed-Loop Prepaid Cards Segment Size (Thousands), 20082017
Table 20: South Korea Prepaid Cards Category Size (KRW Million), 20082017
Table 21: South Korea Prepaid Cards Category Size (US$ Million), 20082017
Table 22: South Korea Charge Card Category Size (Thousands), 20082017
Table 23: South Korea Charge Card Category Size (KRW Million), 20082017
Table 24: South Korea Charge Card Category Size (US$ Million), 20082017
Table 25: South Korea Charge Card Category Size by Transaction Volume (Million), 20082017
Table 26: South Korea Charge Card Category Size by Frequency of Use, 20082017
Table 27: South Korea Credit Card Category Size by Volume (Thousands), 20082017
Table 28: South Korea Credit Card Category Size by Transaction Value (KRW Million), 20082017
Table 29: South Korea Credit Card Category Size by Transaction Value (US$ Million), 20082017
Table 30: South Korea Credit Card Category Size by Transaction Volume (Million), 20082017
Table 31: South Korea Credit Card Category Size by Frequency of Use, 20082017
Table 32: South Korea Credit Card Category Size by Average Transaction Value (KRW), 20082017
Table 33: South Korea Credit Card Category Size by Average Transaction Value (US$), 20082017
Table 34: Cards and Payments Key Definitions

List of Figures


Figure 1: Current and Future Prospects of Various Cards in South Korea
Figure 2: Growth Potential of the South Korea Cards and Payments Industry by Area of Usage
Figure 3: South Korea Cards and Payments Industry Drivers
Figure 4: Inflation Rate in South Korea (% change of average consumer prices), 2008 - 2017
Figure 5: Unemployment Rate in South Korea (% of Labour Force), 2008-2017
Figure 6: Annual Disposable Income of Population in South Korea (KRW Million), 2008-2017
Figure 7: Economically Active Population in South Korea (Million), 2008-2017
Figure 8: Urban Population in South Korea (Million), 2008-2017
Figure 9: Mobile Internet Penetration in South Korea (%), 2008-2012
Figure 10: Internet Penetration In South Korea (%), 2008-2012
Figure 11: Number of POS Terminals in South Korea (Thousands), 2008-2017
Figure 12: Value of Online Retail Sales in South Korea (KRW, Million), 20082017
Figure 13: Virtual Stores at Subway Stations in South Korea
Figure 14: Value of Retail Sales in South Korea (US$, Million), 20082012
Figure 15: Country Card Fraud Statistics (KRW Million), 20082012
Figure 16: South Korea Cards and Payments Market Segmentation by Card Type
Figure 17: Cards Targeting Female Customers
Figure 18: Cards Targeting Vehicle Owners
Figure 19: Cards Targeting Frequent Foreign Travelers
Figure 20: Consumer Preferences on Various Types of Cards
Figure 21: Online Buying Behaviour in South Korea, 2008-2012
Figure 22: Internet Users by Age in South Korea, 2011
Figure 23: Share of Online Retail Sales in Total Retail Sales, 2010 and 2017
Figure 24: Share of Different Online Payment Options in South Korea (%), 2011
Figure 25: Share of Different Payment Channels in South Korea (%), 2012
Figure 26: South Korea Value and Growth of Credit Transfer (KRW Million), 20082012
Figure 27: South Korea Value and Growth of Direct Debit (KRW Million), 20082012
Figure 28: South Korea Value and Growth of Card Payments (KRW Million), 20082012
Figure 29: South Korea Value and Growth of Check Payments (KRW Million), 20082012
Figure 30: South Korea The Debit Card Category Share by Bank (%), 2011
Figure 31: South Korea Debit Card Shares by Scheme (%), 2011
Figure 32: South Korea Credit Card Shares by Bank (%), 2011
Figure 33: South Korea Credit Card Shares by Scheme (%), 2011
Figure 34: South Korea Charge Card Shares by Card Type (%), 2011
Figure 35: Leading Non-Bank Issuers In Credit Card Category By Number Of Cards (Thousands)
Figure 36: Card Marketing Strategies of South Korean Banks
Figure 37: South Koreas Cards and Payments Industry by Type of Card (%), 20082017
Figure 38: South Koreas Cards and Payments Industry Size by Volume (Thousands), 20082017
Figure 39: South Koreas Cards and Payments Industry Size by Transaction Value (KRW Million)
Figure 40: South Koreas Cards and Payments Industry Size by Transaction Volume (Million), 20082017
Figure 41: South Korea The Debit Card Category Size (Thousands), 20082017
Figure 42: South Korea The Debit Card Category Size (KRW Million), 20082017
Figure 43: South Korea The Debit Card Category Size by Transaction Volume (Million), 20082017
Figure 44: South Korea The debit card category Size by Frequency of Use, 20082017
Figure 45: Debit Card Usage ATMs and POS Terminals (Thousands), 20082017
Figure 46: South Korea Prepaid Card Category Size (Thousands), 20082017
Figure 47: South Korea Open-Loop Prepaid Cards Segment Size (Thousands), 20082017
Figure 48: South Korea Closed-Loop Prepaid Cards Segment Size (Thousands), 20082017
Figure 49: South Korea Prepaid Cards Category Size (KRW Million), 20082017
Figure 50: South Korea Charge Card Category Size (Thousands), 20082017
Figure 51: South Korea Charge Card Category Size (KRW Million), 20082017
Figure 52: South Korea Charge Card Category Size by Transaction Volume (Million), 20082017
Figure 53: South Korea Charge Card Category Size by Frequency of Use, 20082017
Figure 54: South Korea Credit Card Category Size by Volume (Thousands), 20082017
Figure 55: South Korea Credit Card Category Size by Transaction Value (KRW Million), 20082017
Figure 56: South Korea Credit Card Category Size by Transaction Volume (Million), 20082017
Figure 57: South Korea Credit Card Category Size by Frequency of Use, 20082017
Figure 58: South Korea Credit Card Category Size by Average Transaction Value (KRW), 20082017
Figure 59: Citibank Korea, Market Segmentation of Cards Offered
Figure 60: Woori Bank Market Segmentation of Cards Offered
Figure 61: Daegu Bank Market Segmentation of Cards Offered

Upcoming Reports:

Animation Software Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
By - Transparency Market Research
Animation software is designed to generate animated images by using computer graphics. It is one of the innovative ways in exercising one’s imaginations, engaging target audiences and promoting businesses. This software generally consists of customizable characters, which can be dragged or dropped, pre-defined sets, libraries of animations and automatic lip synching. The global animation software market can be segmented on the basis of types such as Flipbook animation, Stop motion, 2D animation and 3D animation. Flipbook animation is one of the oldest animation software where the...
Chiral Technology Market - Global Industry Forecast, Market Share, Size, Growth And Industry Analysis (2011-2017)
By - Transparency Market Research
Chiral technology is widely spread in human life for instance, drugs for treating diseases, hair sprays, clothes and other several materials are composed of chiral molecules. The global market of chiral technology was USD 4.75 billion by 2010 and expected to reach at USD 5.83 billion by 2017 at an estimated CAGR of 3.05% between 2010 and 2017. Chiral technology market can be segmented into three sub markets: Chiral synthesis market Chiral resolution market Chiral analysis market  Chiral synthesis market possesses maximum potential as it accounts more than...
1, 3 Butadiene Market & Downstream Applications - Industry Analysis, Market Size, Share, Trends, Growth And Forecast, 2009 - 2018
By - Transparency Market Research
The world market for 1,3 butadiene is largely driven by demand for elastomers due to their extensive use in manufacture of tires. The global market for 1,3 butadiene was estimated at USD 22 billion for the year 2011, and is estimated to rise by 45.6% in the next 5 years and reach a market size of approximately 32 billion by year 2018. The demand for elastomers is expected to rise at a CAGR of 5.8% during 2012 – 2018, which in turn will drive the 1.3 butadiene market growth, growing at 6.5% during the same period. The market for butadiene, segmented on the basis of...

Research Assistance

We will be happy to help you find what you need.
Please call us or write us:

866-997-4948 (Us-Canada Toll Free)
Tel: +1-518-618-1030
Email: sales@researchmoz.us
Select License type:

Share this report

Related News

Under Armour Makes US$475 Million Deal for MyFitnessPal
Feb 26, 2015  
Baltimore based Under Armour has made earnest attempts in becoming one of the largest players in the fitness apparel market. In their latest venture, the company bought out MyFitnessPal for US$475 million on February 4, 2015. The company also purchased a smaller running app Endomondo for US$85 million. MyFitnessPal is a free fitness app that allows a user to keep a track of his/her...
Hanesbrands Buys Out Knights Apparel
Feb 26, 2015  
Hanesbrands Inc., a leading apparel retailer, has signed an agreement that will allow it to take over Knights Apparel for US$200 million in cash. The latter is a collegiate logo apparel seller. Analysts believe that the acquisition is a strategic one that will provide the right fit to the parent company. White Knights Apparel sells sweatshirts, T-shirts, and other sports apparel with...
Smartphone Market in India on Decline while Samsung Holds Top Spot
Feb 26, 2015  
Korean consumer electronics giant Samsung maintained its leadership in the India smartphone market. The company recorded a 22 per cent share in Q4 of 2014. The overall market has however, shrunk for the first time in history. Most manufacturers of smartphones have had a pileup of inventories in the October to December period, as said by IDC, a market research firm. The firm said that...
Apple to Face over $500 million Payout on iTunes Patent
Feb 26, 2015  
Recently, Apple was accused of using inventions knowingly which were owned by another business in iTunes. The tech giant suffered a patent loss which involved some of these technologies that were used by the iTunes store. As a result the company has been ordered to pay a fine of US$533 million to the company Smartfish. Smartfish is a company which is based in British Virgin Islands and...
Record Connection Speed Achieved by 5G Researchers
Feb 26, 2015  
A record breaking speed has been managed during the test of 5G data connection, according to scientists. The scientists at the University of Surrey’s for 5G Innovation Center or 5GIC were able to achieve a connection speed of 1 tera bit per second, which is thousands of times faster than current data connections. The head of the center at 5GIC stated that he hoped to...