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Payments Landscape in Malaysia: Opportunities and Risks to 2021

  • Market Overview
    • Table Malaysia: key facts, 2017e
    • Table Regional benchmarking of payment cards, 2017e
  • CARD-BASED PAYMENTS
    • Payment Cards: Market Sizing and Forecasting
    • Debit Cards: Market Sizing and Forecasting
    • Debit Cards: Schemes
    • Debit Cards: Issuers
    • Pay-later Cards: Market Sizing and Forecasting
    • Pay-later Cards: Schemes
    • Pay-later Cards: Issuers
    • Prepaid Cards: Market Sizing and Forecasting
  • E-COMMERCE PAYMENTS
    • E-commerce: Market Sizing & Forecasting
    • E-commerce: Market by Payment Tool
  • ALTERNATIVE PAYMENTS
    • Alternative Payments: Payment Solutions
  • PAYMENTS INFRASTRUCTURE & REGULATION
    • POS Terminals & ATMs
    • Acquiring & Processing
    • Regulatory Environment
  • Appendix
    • Table Malaysia: payment instrument transaction values (MYRbn), 2013–21f
    • Table Malaysia: payment instrument transaction values ($bn), 2013–21f
    • Table Malaysia: payment instrument transaction volumes (millions), 2013–21f
    • Table Malaysia: payment cards in circulation by type (millions), 2013–21f
    • Table Malaysia: volume of payment card transactions (millions), 2013–21f
    • Table Malaysia: value of payment card transactions (MYRbn), 2013–21f
    • Table Malaysia: value of payment card transactions ($bn), 2013–21f
    • Table Malaysia: debit cards in circulation (millions), 2013–21f
    • Table Malaysia: debit card transaction volumes, 2013–21f
    • Table Malaysia: debit card transaction values (MYR), 2013–21f
    • Table Malaysia: debit card transaction value ($), 2013–21f
    • Table Malaysia: debit cards in circulation by scheme (millions), 2013–17e
    • Table Malaysia: debit card transaction values by scheme (MYRbn), 2013–17e
    • Table Malaysia: debit card transaction values by scheme ($bn), 2013–17e
    • Table Malaysia: debit card transaction values by issuer (MYRbn), 2013–17e
    • Table Malaysia: debit card transaction values by issuer ($bn), 2013–17e
    • Table Malaysia: pay-later cards in circulation (millions), 2013–21f
    • Table Malaysia: pay-later card transaction volumes, 2013–21f
    • Table Malaysia: pay-later card transaction values (MYR), 2013–21f
    • Table Malaysia: pay-later card transaction values ($), 2013–21f
    • Table Malaysia: pay-later cards in circulation by scheme (000s), 2013–17e
    • Table Malaysia: pay-later card transaction values by scheme (MYRbn), 2013–17e
    • Table Malaysia: pay-later card transaction values by scheme ($bn), 2013–17e
    • Table Malaysia: pay-later card transaction values by issuer (MYRbn), 2013–17e
    • Table Malaysia: pay-later card transaction values by issuer ($bn), 2013–17e
    • Table Malaysia: credit cards in circulation (millions), 2013–21f
    • Table Malaysia: credit card transaction volumes, 2013–21f
    • Table Malaysia: credit card card transaction values (MYR), 2013–21f
    • Table Malaysia: credit card card transaction values ($), 2013–21f
    • Table Malaysia: credit card in circulation by scheme (000s), 2013–17e
    • Table Malaysia: credit card transaction values by scheme (MYRbn), 2013–17e
    • Table Malaysia: credit card transaction values by scheme ($bn), 2013–17e
    • Table Malaysia: charge cards in circulation (000s), 2013–21f
    • Table Malaysia: charge card transaction volumes, 2013–21f
    • Table Malaysia: charge card transaction values (MYR), 2013–21f
    • Table Malaysia: charge card transaction values ($), 2013–21f
    • Table Malaysia: charge cards in circulation by scheme (000s), 2013–17e
    • Table Malaysia: charge card transaction values by scheme (MYRbn), 2013–17e
    • Table Malaysia: charge card transaction values by scheme ($m), 2013–17e
    • Table Malaysia: prepaid cards in circulation (millions), 2013–21f
    • Table Malaysia: prepaid card transaction values (MYRbn), 2013–21f
    • Table Malaysia: prepaid card transaction values ($bn), 2013–21f
    • Table Malaysia: merchant acquiring transaction volumes (millions), 2012–20f
    • Table Malaysia: merchant acquiring transaction values (MYRbn), 2012–20f
    • Table Malaysia: merchant acquiring transaction values ($bn), 2012–20f
    • Table Malaysia: acquirers' transaction volumes (millions), 2011–15
    • Table Malaysia: acquirers' transaction values (MYRbn), 2011–15
    • Table Malaysia: acquirers' transaction values ($bn), 2011–15
    • Table Malaysia: retail outlets and card-accepting merchants (000s), 2012–20f
    • Table Malaysia: debit card average interchange fees (%), 2011–15
    • Table Malaysia: debit card merchant service charge and interchange fee (%), 2012–20f
    • Table Malaysia: pay-later card average interchange fees (%), 2011–15
    • Table Malaysia: pay-later card merchant service charge and interchange fee (%), 2012–20f

Payments Landscape in Malaysia: Opportunities and Risks to 2021

Summary

GlobalData’s Payments Landscape in Malaysia: Opportunities and Risks to 2021, report provides detailed analysis of market trends in Malaysian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, direct debit, cash, payment cards, and cheques during the review-period (2013-17e).

The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2017-21f). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes.

The report brings together GlobalData’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers details of regulatory policy and recent changes in the regulatory structure.

This report provides top-level market analysis, information and insights into Malaysian cards and payments industry, including -

  • Current and forecast values for each market in the Malaysian cards and payments industry, including debit, credit, and charge cards.
  • Detailed insights into payment instruments including credit transfers, direct debit, cheques, cash, and payment cards. It also, includes an overview of the country's key alternative payment instruments.
  • E-commerce market analysis and payment methods.
  • Analysis of various market drivers and regulations governing Malaysian cards and payments industry.
  • Detailed analysis of strategies adopted by banks and other institutions to market debit, credit, and charge cards.
Scope
  • Malaysia’s payment card market has recorded strong uptake in contactless technology, with all major banks including Maybank, Bank Simpanan Nasional (BSN), CIMB Bank, Public Bank, and Hong Leong Bank now offering contactless cards. The number of contactless POS terminals stood at 33,721 in 2016, increasing almost sevenfold from 4,839 terminals in 2015. To further encourage contactless payments, banks are launching innovative products. Maybank collaborated with Visa in January 2016 to launch an NFC wristband, Maybank Visa Payband, to enable its customers to make payments with a wave of the wrist.
  • A growing preference for secure electronic payments, growth in the young population, and deeper smartphone penetration have prompted banks, payment service providers, and telecom companies to launch new payment solutions to gain market share. Samsung Electronics, CIMB Bank, and Maybank all launched mobile wallets between 2016 and 2017.
  • To provide impetus to the e-commerce market, the Malaysian government implemented the DFTZ as part of the National E-commerce Strategic Roadmap. Launched in March 2017, this is a national initiative developed by the Malaysia Digital Economy Corporation in partnership with Alibaba that aims to support digital services, international e-commerce, and internet-based innovations.
Reasons to buy
  • Make strategic business decisions, using top-level historic and forecast market data, related to Malaysian cards and payments industry and each market within it.
  • Understand the key market trends and growth opportunities in Malaysian cards and payments industry.
  • Assess the competitive dynamics in the Malaysian cards and payments industry.
  • Gain insights into marketing strategies used for various card types in Malaysia.
  • Gain insights into key regulations governing Malaysian cards and payments industry.


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