Debit Cards in South Korea
Due to government legislation to encourage debit card usage in response to increasing household debt, debit cards continues to record stronger growth than that of credit cards. The South Korean government offers higher tax benefits for debit cards, enabling consumers to enjoy a 30% deduction from taxable income for using a debit card, whilst the figure is only 15% for credit card spending. The deduction rate strongly affects total taxable income for South Koreans and spending within a certain li...
Euromonitor International's Debit Transactions in South Korea 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: Commercial Debit Card Transactions, Personal Debit Card Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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* Get a detailed picture of the Debit Transactions market;
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- DEBIT CARDS IN SOUTH KOREA
- Euromonitor International
- November 2018
- LIST OF CONTENTS AND TABLES
- Headlines
- Prospects
- Favourable Regulation Leads To Debit Card Growth
- Debit Cards Issued by Credit Card and Securities Companies
- Digital-only Banks Offering Mobile Payment Platforms
- Competitive Landscape
- Nonghyup Bank Leads Debit Cards With Various Benefits
- Celebrity Marketing Works in Debit Card Industry
- Category Data
- Table 1 Debit Cards: Number of Cards in Circulation 2013-2018
- Table 2 Debit Cards Transactions 2013-2018
- Table 3 Debit Cards in Circulation: % Growth 2013-2018
- Table 4 Debit Cards Transactions: % Growth 2013-2018
- Table 5 Debit Cards: Number of Cards by Issuer 2013-2017
- Table 6 Debit Cards: Number of Cards by Operator 2013-2017
- Table 7 Debit Cards Payment Transaction Value by Issuer 2013-2017
- Table 8 Debit Cards Payment Transaction Value by Operator 2013-2017
- Table 9 Forecast Debit Cards: Number of Cards in Circulation 2018-2023
- Table 10 Forecast Debit Cards Transactions 2018-2023
- Table 11 Forecast Debit Cards in Circulation: % Growth 2018-2023
- Table 12 Forecast Debit Cards Transactions: % Growth 2018-2023
- Executive Summary
- Financial Cards Transactions Continue To Record Positive Growth
- Debit Cards Sees Strong Growth Thanks To Favourable Government Regulations
- Digital-only Banks Appear and Are Expected To Expand Their Business Scope
- Shinhan Card Leads Financial Cards Market But Is Threatened by Followers
- Financial Cards Transactions To Show Healthy Growth With Development of Mobile Payment Platforms
- Market Indicators
- Table 13 Number of POS Terminals: Units 2013-2018
- Table 14 Number of ATMs: Units 2013-2018
- Table 15 Value Lost to Fraud 2013-2018
- Table 16 Card Expenditure by Location 2017
- Table 17 Financial Cards in Circulation by Type: % Number of Cards 2013-2018
- Table 18 Domestic versus Foreign Spend 2018
- Market Data
- Table 19 Financial Cards by Category: Number of Cards in Circulation 2013-2018
- Table 20 Financial Cards by Category: Number of Accounts 2013-2018
- Table 21 Financial Cards Transactions by Category: Value 2013-2018
- Table 22 Financial Cards by Category: Number of Transactions 2013-2018
- Table 23 Consumer Payments by Category: Value 2013-2018
- Table 24 Consumer Payments by Category: Number of Transactions 2013-2018
- Table 25 M-Commerce by Category: Value 2013-2018
- Table 26 M-Commerce by Category: % Value Growth 2013-2018
- Table 27 Financial Cards: Number of Cards by Issuer 2013-2017
- Table 28 Financial Cards: Number of Cards by Operator 2013-2017
- Table 29 Financial Cards: Card Payment Transactions Value by Operator 2013-2017
- Table 30 Financial Cards: Card Payment Transactions Value by Issuer 2013-2017
- Table 31 Forecast Financial Cards by Category: Number of Cards in Circulation 2018-2023
- Table 32 Forecast Financial Cards by Category: Number of Accounts 2018-2023
- Table 33 Forecast Financial Cards Transactions by Category: Value 2018-2023
- Table 34 Forecast Financial Cards by Category: Number of Transactions 2018-2023
- Table 35 Forecast Consumer Payments by Category: Value 2018-2023
- Table 36 Forecast Consumer Payments by Category: Number of Transactions 2018-2023
- Table 37 Forecast M-Commerce by Category: Value 2018-2023
- Table 38 Forecast M-Commerce by Category: % Value Growth 2018-2023
- Sources
- Summary 1 Research Sources
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