Dallas, TX (PRWEB) February 16, 2013
Transaction value within financial cards continued to grow in 2012. The earthquake in eastern Japan slowed down card payments in 2011 due to lower consumer spending. However, this trend did not continue in 2012 and the shift towards financial cards as opposed to cash continued. A credit card was the main driver of growth as consumers enjoy the fact that such cards offer greater discounts and reward points when shopping.
The economic situation in 2012 continued to strengthen in Indonesia, with standards of living gradually increasing and more people joining the ranks of the middle class. A strong performance was seen across industries, and consumer payments remained on a growth path. Transaction volumes grew only marginally in 2012, but transaction value rose at a notably faster rate.
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Financial Cards and Payments in Japan & Indonesia 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: Financial Cards in Circulation, Transactions and data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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