Debit Cards in South Korea


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Debit Cards in South Korea

Although the economic uncertainties driven by the pandemic have negatively affected overall consumer spending in South Korea, debit cards managed to record positive current value growth in 2020 and 2021. Although the projected growth of debit cards over the forecast period is expected to slow down compared to the pre-pandemic era due to the rising popularity of alternatives, including digital wallets, the tax benefit of using debit cards will motivate consumers to continue using this financial p...

Euromonitor International's Debit Card 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.

Why buy this report?
* Get a detailed picture of the Debit Card Transactions market;
* Pinpoint growth sectors and identify factors driving change;
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* Use five-year forecasts to assess how the market is predicted to develop.


Debit Cards in South Korea
Euromonitor International
October 2021
List Of Contents And Tables
DEBIT CARDS IN SOUTH KOREA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Further move towards a cashless society and tax benefits support the growth of debit cards
Debit cards to lose share to digital wallets and credit cards
NongHyup Bank consolidates its leading position within debit cards
PROSPECTS AND OPPORTUNITIES
Debit card usage to maintain stable growth trend
Card issuers to launch open-pay service to compete with digital wallets
Tier-2 banks venture into personal debit cards to acquire new customers
CATEGORY DATA
Table 1 Debit Cards: Number of Cards in Circulation 2016-2021
Table 2 Debit Cards Transactions 2016-2021
Table 3 Debit Cards in Circulation: % Growth 2016-2021
Table 4 Debit Cards Transactions: % Growth 2016-2021
Table 5 Debit Cards: Number of Cards by Issuer 2016-2020
Table 6 Debit Cards: Number of Cards by Operator 2016-2020
Table 7 Debit Cards Payment Transaction Value by Issuer 2016-2020
Table 8 Debit Cards Payment Transaction Value by Operator 2016-2020
Table 9 Forecast Debit Cards: Number of Cards in Circulation 2021-2026
Table 10 Forecast Debit Cards Transactions 2021-2026
Table 11 Forecast Debit Cards in Circulation: % Growth 2021-2026
Table 12 Forecast Debit Cards Transactions: % Growth 2021-2026
FINANCIAL CARDS AND PAYMENTS IN SOUTH KOREA
EXECUTIVE SUMMARY
Financial cards and payments in 2021: The big picture
Digital banks and tier-2 banks gain presence within personal financial cards
Consumer spending sees recovery as exports in manufacturing rebound
Product launches targeting teenagers increase
Bright outlook for digital payments within consumer payment transactions
What next for financial cards and payments?
MARKET INDICATORS
Table 13 Number of POS Terminals: Units 2016-2021
Table 14 Number of ATMs: Units 2016-2021
Table 15 Value Lost to Fraud 2016-2021
Table 16 Card Expenditure by Location 2021
Table 17 Financial Cards in Circulation by Type: % Number of Cards 2016-2021
Table 18 Domestic versus Foreign Spend 2021
MARKET DATA
Table 19 Financial Cards by Category: Number of Cards in Circulation 2016-2021
Table 20 Financial Cards by Category: Number of Accounts 2016-2021
Table 21 Financial Cards Transactions by Category: Value 2016-2021
Table 22 Financial Cards by Category: Number of Transactions 2016-2021
Table 23 Consumer Payments by Category: Value 2016-2021
Table 24 Consumer Payments by Category: Number of Transactions 2016-2021
Table 25 M-Commerce by Category: Value 2016-2021
Table 26 M-Commerce by Category: % Value Growth 2016-2021
Table 27 Financial Cards: Number of Cards by Issuer 2016-2020
Table 28 Financial Cards: Number of Cards by Operator 2016-2020
Table 29 Financial Cards: Card Payment Transactions Value by Operator 2016-2020
Table 30 Financial Cards: Card Payment Transactions Value by Issuer 2016-2020
Table 31 Forecast Financial Cards by Category: Number of Cards in Circulation 2021-2026
Table 32 Forecast Financial Cards by Category: Number of Accounts 2021-2026
Table 33 Forecast Financial Cards Transactions by Category: Value 2021-2026
Table 34 Forecast Financial Cards by Category: Number of Transactions 2021-2026
Table 35 Forecast Consumer Payments by Category: Value 2021-2026
Table 36 Forecast Consumer Payments by Category: Number of Transactions 2021-2026
Table 37 Forecast M-Commerce by Category: Value 2021-2026
Table 38 Forecast M-Commerce by Category: % Value Growth 2021-2026
DISCLAIMER
SOURCES
Summary 1 Research Sources

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