866-997-4948(US-Canada Toll Free)

The Cards and Payments Industry in Japan: Emerging Trends and Opportunities to 2019

Published By :

Timetric

Published Date : Mar 2016

Category :

Banking

No. of Pages : 63 Pages

Synopsis

Timetrics 'The Cards and Payments Industry in Japan: Emerging Trends and Opportunities to 2019' report provides detailed analysis of market trends in Japan's cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, payment cards, cash transactions and check payments during the review period (20102014).

The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, and transaction values and volumes during the review period and over the forecast period (20152019). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.

The report brings together Timetrics research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies, recent changes in regulatory structure and profiles of card issuers operating in the country.

Summary

  • Timetrics 'The Cards and Payments Industry in Japan: Emerging Trends and Opportunities to 2019' report provides top-level market analysis, information and insights into Japan's cards and payments industry, including:
  • Current and forecast values for each market in Japan's cards and payments industry, including debit card, credit and charge cards. It also includes detailed analysis of the prepaid card market.
  • Detailed insights into payment instruments including credit transfers, cash transactions, checks and payment cards. It also, includes an overview of the country's key alternative payment instruments.
  • E-commerce market analysis and online payment types.
  • Analysis of various market drivers and regulations governing Japan's cards and payments industry.
  • Detailed analysis of strategies adopted by banks and other institutions to market debit, credit and charge cards.
  • Comprehensive analysis of consumer attitudes and buying preferences for cards.
  • The competitive landscape of Japan's cards and payments industry.

Scope

  • This report provides a comprehensive analysis of Japan's cards and payments industry.
  • It provides current values for Japan's cards and payments industry for 2014, and forecast figures to 2019.
  • It details the different demographic, economic, infrastructural and business drivers affecting Japan's cards and payments industry.
  • It outlines the current regulatory framework in the industry.
  • It details marketing strategies used by various banks and other institutions.
  • It profiles major card issuers in Japan's cards and payments industry.

Reasons To Buy

  • Make strategic business decisions, using top-level historic and forecast market data, related to Japan's cards and payments industry and each market within it.
  • Understand the key market trends and growth opportunities in Japan's cards and payments industry.
  • Assess the competitive dynamics in Japan's cards and payments industry.
  • Gain insights into marketing strategies used for various card types in Japan.
  • Gain insights into key regulations governing Japan's cards and payments industry.

Key Highlights

  • The Japanese government took a number of initiatives during the review period (20102014) to encourage electronic payments. As part of its Regional Revitalization policy rolled out in June 2014, the government urged banks to enhance the scope of domestic automatic teller machines (ATMs) to make them compatible with overseas-issued cards due to rise in inbound foreigners tourists. In January 2016, the Ministry of Economy, Trade and Industry announced plans to launch a mobile payment app for foreign visitors. Consumers can register passport and credit card details in the app and make payments at retail outlets by mobile phone. The app is expected to reduce the problem of non-acceptance of foreign-issued cards for visitors.
  • To enhance convenience for foreign travelers, Sumitomo Mitsui Banking, Mitsubishi UFJ and Mizuho Bank announced that they would make their ATMs compatible with accept foreign issued credit cards. Presently, only a few banks such as Japan Post Bank and Seven Bank offered ATMs that accept overseas cards for cash withdrawals. As part of the plan, Mitsubishi UFJ will install 1,000 ATMs during 20162020. Sumitomo Mitsui Banking also plans to install 1,000 ATMs by the end of March 2017.
  • The government aims to welcome 20 million tourists a year by 2020, but it is expected to surpass the target well before this date, as 19.7 million tourists visited Japan in 2015. The government abolished tax for foreign travelers on confectionary, cosmetics, food, alcohol and medicinal items from October 2014, to encourage the inflow of intentional tourists. According to the new law, tourists spending US$47.2 (JPY5,000) or above at specified merchants are eligible for a portion of tax exemption from their bills. Such a tax reform is expected to further increase inbound tourist expenditure.

Table of Contents

1 Definitions and Methodology
1.1 Definitions
1.2 Methodology

2 Key Facts and Events

3 Executive Summary
 

4 Payment Instruments
4.1 Current Payment Environment

5 E-Commerce
5.1 E-Commerce Market Analysis

6 Alternative Payments
6.1 Alternative Payment Instruments
6.1.1 Osaifu-Keitai Wallet
6.1.2 QUICPay
6.1.3 Paidy
6.1.4 Boku
6.1.5 Square
6.1.6 PayPal
6.1.7 Bitcheck
6.1.8 Line Pay
6.1.9 MasterPass

7 Regulations in the Cards and Payments Industry
7.1 Regulatory Framework
7.1.1 Regulations applicable to issuers of prepaid payment instruments
7.1.2 Regulations on e-money
7.2 Anti Money Laundering Law
7.3 Foreign Direct Investment (FDI) Regulations

8 Analysis of Cards and Payments Industry Drivers
8.1 Demographic Drivers
8.2 Economic Drivers
8.3 Infrastructure Drivers
8.4 Business Drivers

9 Market Segmentation
9.1 Market Segmentation and Targeting
9.1.1 Consumer cards
9.1.2 Commercial cards

10 Payment Cards
10.1 Payment Cards Analysis
10.1.1 Volume and value of payment card transactions by type
10.1.2 Personal vs commercial cards

11 Debit Cards
11.1 Debit Card Market Analysis
11.1.1 Debit card transaction volumes and values by channel
11.1.2 Debit card scheme and issuer shares in terms of transaction value
11.1.3 Debit cards comparison

12 Credit Cards
12.1 Credit Card Market Analysis
12.1.1 Credit card transaction volumes and values by channel
12.1.2 Credit card scheme and issuer shares in terms of transaction value
12.1.3 Credit cards comparison

13 Charge Cards
13.1 Charge Card Market Analysis
13.1.1 Charge card transaction volumes and values by channel
13.1.2 Charge card scheme shares in terms of transaction value

14 Commercial Cards
14.1 Commercial Card Market Analysis
14.1.1 Commercial cards comparison

15 Card Issuers
15.1 Sumitomo Mitsui Financial Group
15.2 Credit Saison
15.3 Aeon Financial Service Company Ltd
15.4 Mitsubishi UFJ Nicos
15.5 Japan Post Bank

16 Prepaid Cards
16.1 Prepaid Card Market Analysis
16.1.1 Prepaid cards comparison

17 Appendix
17.1 Tables
17.2 Contact Timetric
17.3 About Timetric
17.4 Timetrics Services
17.5 Disclaimer

List of Table

Table 1: Key Definitions
Table 2: Annual Average Exchange Rate
Table 3: Japan Key Facts, 2014
Table 4: Regional Benchmarking of Japan Payment Cards, 2014
Table 5: Japan Mode of Entry of Foreign Banks
Table 6: Cards for High-Income Consumers, 2016
Table 7: Cards for Travelers, 2016
Table 8: Cards for Students and Young Population, 2016
Table 9: Shopping Cards, 2016
Table 10: Commercial Cards Comparison and Key Features, 2016
Table 11: Japan Debit Cards Comparison and Key Features, 2016
Table 12: Japan Gold Credit Cards Comparison and Key Features, 2016
Table 13: Japan Platinum Credit Cards Comparison and Key Features, 2016
Table 14: Japan Commercial Cards Comparison and Key Features, 2016
Table 15: Japan Prepaid Cards Comparison and Key Features, 2016
Table 16: Japan Payment Instrument Transaction Values (JPY Trillion), 20102014
Table 17: Japan Payment Instrument Transaction Values (US$ Billion), 20102014
Table 18: Japan Payment Instrument Transaction Volumes (Million), 20102014
Table 19: Japan Number of Payment Cards in Circulation by Type (Million), 20102019
Table 20: Japan Volume of Payment Card Transactions by Type (Million), 20102019
Table 21: Japan Value of Payment Card Transactions by Type (JPY Trillion), 20102019
Table 22: Japan Value of Payment Card Transactions by Type (US$ Billion), 20102019
Table 23: Japan Personal and Commercial Card Transaction Volumes (Million), 20102019
Table 24: Japan Personal and Commercial Card Transaction Values (JPY Trillion), 20102019
Table 25: Japan Personal and Commercial Card Transaction Values (US$ Billion), 20102019
Table 26: Japan Number of Debit Cards in Circulation (Million), 20102019
Table 27: Japan Debit Card Transaction Volumes and Frequency by Channel, 20102019
Table 28: Japan Debit Card Total and Average Transaction Value by Channel, 20102019
Table 29: Japan Debit Card Total and Average Transaction Value by Channel, 20102019
Table 30: Japan Number of Debit Cards in Circulation By Scheme (Million), 20102014
Table 31: Japan Debit Card Transaction Values By Scheme (JPY Billion), 20102014
Table 32: Japan Debit Card Transaction Values By Scheme (US$ Billion), 20102014
Table 33: Japan Debit Card Transaction Values by Issuer (JPY Trillion), 20102014
Table 34: Japan Debit Card Transaction Values by Issuer (US$ Billion), 20102014
Table 35: Japan Number of Credit Cards in Circulation (Million), 20102019
Table 36: Japan Credit Card Transaction Volumes and Frequency by Channel, 20102019
Table 37: Japan Credit Card Total and Average Transaction Values by Channel, 20102019
Table 38: Japan Credit Card Total and Average Transaction Values by Channel, 20102019
Table 39: Japan Number of Credit Cards in Circulation By Scheme (Million), 20102014
Table 40: Japan Credit Card Transaction Values By Scheme (JPY Trillion), 20102014
Table 41: Japan Credit Card Transaction Values By Scheme (US$ Billion), 20102014
Table 42: Japan Pay Later Card Transaction Values By Issuer (JPY Trillion), 20102014
Table 43: Japan Pay Later Card Transaction Values By Issuer (US$ Billion), 20102014
Table 44: Japan Credit Card Balances Outstanding By Issuer (JPY Billion), 20102014
Table 45: Japan Credit Card Balances Outstanding By Issuer (US$ Billion), 20102014
Table 46: Japan Number of Charge Cards in Circulation (Million), 20102019
Table 47: Japan Charge Card Transaction Volumes and Frequency by Channel, 20102019
Table 48: Japan Charge Card Total and Average Transaction Values by Channel, 20102019
Table 49: Japan Charge Card Total and Average Transaction Values by Channel, 20102019
Table 50: Japan Number of Charge Cards in Circulation By Scheme (Thousand), 20102014
Table 51: Japan Charge Card Transaction Values By Scheme (JPY Million), 20102014
Table 52: Japan Charge Card Transaction Values By Scheme (US$ Million), 20102014
Table 53: Japan Number of Commercial Cards in Circulation (Million), 20102019
Table 54: Japan Commercial Card Transaction Values (JPY Trillion), 20102019
Table 55: Japan Commercial Card Transaction Values (US$ Billion), 20102019
Table 56: Japan Number of Prepaid Cards in Circulation (Million), 20102019
Table 57: Japan Prepaid Card Transaction Values (JPY Trillion), 20102019
Table 58: Japan Prepaid Card Transaction Values (US$ Billion), 20102019

List of Chart

Figure 1: Japan Payment Instrument Shares by Transaction Value (%), 2010 and 2014
Figure 2: Japan Payment Instrument Shares by Transaction Volume (%), 2010 and 2014
Figure 3: Japan E-Commerce Value (US$ Billion) and Payment Types (%)
Figure 4: Japan Total Population and Structure
Figure 5: Japan Economic Indicators
Figure 6: Japan Number of ATMs and POS Terminals
Figure 7: Japan Household Final Consumption Expenditure, 20102019
Figure 8: Japan Segmentation by Card Type
Figure 9: Japan Growth in Payment Card Transaction Values and Number of Cards in Circulation by Type, 20102019
Figure 10: Japan Volume and Value of Payment Card Transactions by Type (%), 20102019
Figure 11: Japan Personal and Commercial Card, Transaction Volume and Value (%), 20102019
Figure 12: Japan Growth in Debit Card Transaction Values and Number of Debit Cards in Circulation, 20102019
Figure 13: Japan Debit Card Transaction Volumes and Values by Channel, 20102019
Figure 14: Japan Debit Card Scheme and Issuer Shares in Terms of Transaction Value (%), 2014
Figure 15: Japan Growth in Credit Card Transaction Values and Number of Credit Cards in Circulation, 20102019
Figure 16: Japan Credit Card Transaction Volumes and Values by Channel, 20102019
Figure 17: Japan Credit Card Scheme and Issuer Shares in Terms of Transaction Value (%), 2014
Figure 18: Japan Growth in Charge Card Transaction Values and Number of Charge Cards in Circulation, 20102019
Figure 19: Japan Charge Card Transaction Volumes and Values by Channel, 20102019
Figure 20: Japan Charge Card Scheme Shares in Terms of Transaction Value (%), 2014
Figure 21: Japan Number of Commercial Cards in Circulation and Transaction Values, 20102019
Figure 22: Japan Number of Prepaid Cards in Circulation and Transaction Values, 20102019

Make an enquiry before buying this Report

Please fill the enquiry form below.

  • Full Name *
  • Your Email *
  • Job Title
  • Company *
  • Phone No. * (Pls. Affix Country Code)
  • Message
  • Security Code *

Upcoming Reports

  • ATM Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

    ATM is an abbreviation of automated teller machine which is also known as automated banking machine, cash point, cash machine or cash line. It is a computerized telecommunication device that enables a client of financial institution to perform transactions without the support of a cashier, bank teller or clerk. The customer can perform a transaction by inserting a plastic smart card or magnetic stripe with a chip containing a unique card number...

  • Mobile Commerce Market - Global Industry Size, Market Share, Trends, Analysis, And Forecast, 2012 - 2017

    Mobile commerce is handled by devices like laptops, cellular phones, Smart phones and tablet computers to execute online commercial transactions. Mobile commerce is experiencing continuous growth in a variety of fields including sales and purchase of a wide range of services and goods, payments of bills, net banking and so on. All these transactions are collectively known as m-commerce or mobile commerce. Mobile commerce is a successor o...

  • Online Banking Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018

    Online banking is a service provided by financial institutions that allows customers to carry out financial transactions through secure websites. Many customers are turning towards the convenience and ease of online banking to carry out their financial transactions. These websites can be operated through a virtual bank by using a retail operator or through a credit union. With online banking, customers can conduct transactions such as account m...