Thursday, February 3, 2011

Payment Cards in Japan


Payment Cards in Japan

Buy Now  : Market Research
Introduction
Payment Cards in Japan is an invaluable guide to one of the world’s most complex card markets. The report provides statistics on market size, competitor market shares and forecasts. It also provides an overview of regulation, competitor activities, issuer strategy and product innovation including developments in contactless, mobile payments, online and prepaid cards.
Scope
  • Data and analysis provided on debit cards, credit cards and deferred debit and charge cards.
  • Historic market data and competitor market shares are presented for 2004-2008, H1 2009, with forecasts presented to 2014.
  • New for 2010 includes data covering transactions by merchant category, premium card branding, benefits per card, card primacy and repayment behaviour.
  • Includes a detailed analysis of developments in the areas of e-money, contactless, mobile, online and prepaid cards.

Payment Cards in Japan

Highlights
The Japanese payment market remains dominated by cash, with consumers using that payment form even for high value transactions. Despite this, credit cards are continuing to show positive levels of growth with a CAGR of 2.5% between 2004 and 2008. Pay now cards however remain almost exclusively used at ATMs, with use at the POS in active decline.
The competitive situation in Japan is in a state of flux as a result of new regulations restricting APRs and issuer margins. Acquisitions and mergers are currently running high as the industry restructures itself. Despite this, the market remains dominated by JCB, who hold a 34% share of the market, a full 20% more than its nearest competitor.
Contactless, mobile, and prepaid payments are at an advanced state of development in Japan in the form of e-payments, typically on a contactless card or on a mobile phone handset. A large proportion of the market also holds transport ticketing functionality. E-money has gone truly mainstream with over 100 million cards in issue.
Reasons to Purchase
  • Learn how payment cards in Japan work, and how they have developed over the past five years.
  • Understand recent developments in Japanese payments in terms of consolidation, new entrants and product/technology innovations.
  • Plan your future strategy effectively with Datamonitor’s five year forecasts across all product categories.

Related Reports