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Morocco's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape

Morocco's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape

Synopsis

Timetric’s Morocco's Cards and Payments Industry, Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape report provides detailed analysis of market trends in Morocco's cards and payments industry. It provides values and volumes of a number of Key Performance Indicators (KPIs) operating in the industry, including check payments, credit transfers, direct debits and payment cards during the review period (2009-2013).

The report also analyses various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and transaction volume, during the review period and over the forecast period (2014-2018). Additionally, it offers information pertaining to the competitive landscape in the country, including market shares of issuers and schemes.

This brings together Timetric’s research, modeling, and analysis expertise, to develop an insightful report. This allows banks and card issuers to identify segment dynamics, competitive advantage and profiles of card issuers operating in the country. The report also covers a detailed regulatory policies and recent changes in regulatory structure and information, on card fraud statistics.

Summary

The report provides top-level market analysis, information and insights into Morocco's cards and payments industry, including:

  • Current and forecast values for each category of Morocco's cards and payments industry, including debit cards, credit cards, charge cards and prepaid cards.
  • Comprehensive analysis of the industry’s market attractiveness and future growth areas.
  • Analysis of various market drivers and regulations governing Morocco's cards and payments industry.
  • Detailed analysis of marketing strategies adopted for selling debit, credit, charge and prepaid cards used by banks and other institutions in the market.
  • Comprehensive analysis of consumer attitudes and buying preferences for cards.
  • The competitive landscape of Morocco's cards and payments industry.
Scope
  • This report provides a comprehensive analysis of Morocco's cards and payments industry.
  • It provides current values for Morocco's cards and payments industry for 2013, and forecast figures for 2018.
  • It details the different economic, infrastructural and business drivers affecting Morocco's cards and payments industry.
  • It outlines the current regulatory framework in the industry.
  • It details the marketing strategies used by various banks and other institutions.
  • It profiles major banks in Morocco's cards and payments industry.
Reasons To Buy
  • Make strategic business decisions, using top-level historic and forecast market data, related to Morocco's cards and payments industry and each market within it.
  • Understand the key market trends and growth opportunities within Morocco's cards and payments industry.
  • Assess the competitive dynamics in Morocco's cards and payments industry.
  • Gain insights into marketing strategies used for selling various card types in Morocco.
  • Gain insights into key regulations governing of Morocco's cards and payments industry.
Key Highlights
  • In 2013, check payments and credit transfers were the most popular payment instruments, having a combined industry share of XX.X% in terms of transaction value, while the share of payment cards increased from X.X% in 2009 to X.X% by the end of 2013. The share of payment cards is rising as the government and banks promote awareness levels and associated benefits among consumers and merchants.
  • In terms of the number of cards in circulation, Moroccan payment cards (including debit, credit and charge cards) registered a positive growth during the review period at a compound annual growth rate (CAGR) of XX.XX%, rising from X.X million in 2009 to XX.X million in 2013. In terms of transaction value, payment cards valued to MADXXX.X billion (US$XX.X billion) in 2013, after registering a review-period CAGR of XX.XX%.
  • Banks and retail outlets in Morocco expanded their infrastructure networks during the review period. The number of automatic teller machines (ATMs) installed grew at a CAGR of X.XX%. The increasing acceptance of debit and credit cards at retail outlets and a consumer shift towards making purchases directly with cards resulted in an increasing number of point-of-service (POS) transactions during the review period. The number of POS terminals in Morocco recorded a review-period CAGR of X.XX%.


  • Key Facts and Events
    • Table Morocco - Key Facts, 2013
  • Executive Summary
  • Payment Instruments
    • Current Payments Environment
    • Alternative Payment Instruments
      • Morocco Télécommerce
      • PayPal
      • PayZone
      • AmanPay
      • Cashu
      • Ukash
  • Market Attractiveness and Future Prospects of Cards and Payments
    • Table Regional Benchmarking of Moroccan Payment Cards, 2013
  • Analysis of Cards and Payments Industry Drivers
    • Demographic Drivers
    • Economic Drivers
    • Infrastructure Drivers
    • Business Drivers
  • Emerging Consumer Attitudes and Trends
    • Market Segmentation and Targeting
      • Consumer cards
        • Table Morocco - Cards for High-Income Consumers, 2014
        • Table Morocco - Cards for Female Population, 2014
        • Table Morocco - Cards for Online Shoppers, 2014
        • Table Morocco - Cards for Students and Young Population, 2014
        • Table Morocco - Cards for Frequent Travelers, 2014
      • Commercial cards
        • Table Morocco - Cards for Business Customers
    • Travel Spending
      • Outbound trips volume and spending
      • Inbound trips volume and spending
  • Payment Cards
    • Payment Cards Instrument Analysis
      • Number of cards in circulation by card type
      • Transaction volume by card type
      • Transaction value by card type
      • Personal vs commercial cards
  • Debit Cards
    • Debit Cards Market Analysis
      • Table Morocco - Regional Benchmarking of Moroccan Debit Cards, 2013
      • Number of debit cards in circulation
      • Debit cards transaction volume by channel
      • Debit cards transaction value by channel
      • Number of debit cards in circulation by scheme
      • Debit cards transaction value by scheme
      • Debit cards issuers market shares
      • Debit cards comparison
        • Table Morocco - Debit Cards Comparison and Key Features
  • Credit Cards
    • Credit Cards Market Analysis
      • Table Morocco - Regional Benchmarking of Moroccan Credit Cards, 2013
      • Number of credit cards in circulation
      • Credit cards transaction volume by channel
      • Credit cards transaction value by channel
      • Number of credit cards in circulation by scheme
      • Credit cards transaction value by scheme
      • Credit cards issuers market share
      • Credit cards comparison
        • Table Morocco - Gold Credit Cards Comparison and Key Features
        • Table Morocco - Premium Credit Cards Comparison and Key Features
  • Charge Cards
    • Charge Cards Market Analysis
      • Table Regional Benchmarking of Moroccan Charge Cards, 2013
      • Number of charge cards in circulation
      • Charge cards transaction volume by channel
      • Charge cards transaction value by channel
      • Number of charge cards in circulation by scheme
      • Charge cards transaction value by scheme
      • Charge cards comparison
        • Table Morocco - Charge Cards Comparison and Key Features
  • Commercial Cards
    • Commercial Cards Market Analysis
      • Number of commercial cards in circulation
      • Commercial cards transaction value
      • Commercial credit cards
      • Commercial charge cards
      • Commercial cards comparison
        • Table Morocco - Commercial Cards Comparison and Key Features, 2014
  • Regulations in the Cards and Payments Industry
    • Regulatory Framework
    • Anti-Money Laundering and Combating of Terrorism Financing (AML and CTF)
    • Foreign Direct Investment (FDI) Regulations
      • Table Morocco - Market Entry Strategies of Foreign Banks and Institutions
  • Card Fraud Statistics
    • Card Fraud Analysis
  • Card Issuers
    • Banque Centrale Populaire
    • Banque Marocaine du Commerce Exterieur
    • Attijariwafa Bank
    • Banque Marocaine Pour Le Commerce et l'industrie
    • Crédit du Maroc
  • Card Schemes
    • Visa
    • MasterCard
  • Prepaid Cards
    • Prepaid Cards Market Analysis
      • Table Morocco - Regional Benchmarking of Moroccan Prepaid Cards, 2013
      • Number of prepaid cards in circulation
      • Prepaid cards transaction value
      • Open-loop prepaid cards
      • Closed-loop prepaid cards
      • Prepaid cards comparison
        • Table Morocco - Prepaid Cards Comparison and Key Features
  • Appendix
    • Tables
      • Table Morocco - Payment Instruments Transaction Value (MAD Billion), 2009-2013
      • Table Morocco - Payment Instruments Transaction Value (US$ Billion), 2009-2013
      • Table Morocco - Payment Instruments Transaction Volume (Million), 2009-2013
      • Table Morocco - Number of Cards in Circulation by Card Types (Thousand), 2009-2018
      • Table Morocco - Transaction Volume by Card Type (Million), 2009-2018
      • Table Morocco - Transaction Value by Card Type (MAD Billion), 2009-2018
      • Table Morocco - Transaction Value by Card Type (US$ Million), 2009-2018
      • Table Morocco - Personal and Commercial Cards Transaction Value (MAD Billion), 2009-2018
      • Table Morocco - Personal and Commercial Cards Transaction Value (US$ Million), 2009-2018
      • Table Morocco - Number of Debit Cards in Circulation (Million), 2009-2018
      • Table Morocco - Debit Cards Transaction Volume and Frequency by Channel, 2009-2018
      • Table Morocco - Debit Cards Total and Average Transaction Value by Channel, 2009-2018
      • Table Morocco - Debit Cards Total and Average Transaction Value by Channel, 2009-2018
      • Table Morocco - Number of Debit Cards in Circulation By Scheme (Thousand), 2009-2013
      • Table Morocco - Debit Cards Transaction Value By Scheme (MAD Million), 2009-2013
      • Table Morocco - Debit Cards Transaction Value By Scheme (US$ Million), 2009-2013
      • Table Morocco - Debit Cards Transaction Value by Issuer (MAD Million), 2009-2013
      • Table Morocco - Debit Cards Transaction Value by Issuer (US$ Million), 2009-2013
      • Table Morocco - Number of Credit Cards in Circulation (Thousand), 2009-2018
      • Table Morocco - Credit Cards Transaction Volume and Frequency by Channel, 2009-2018
      • Table Morocco - Credit Cards Total and Average Transaction Value by Channel, 2009-2018
      • Table Morocco - Credit Cards Total and Average Transaction Value by Channel, 2009-2018
      • Table Morocco - Number of Credit Cards in Circulation By Scheme (Thousand), 2009-2013
      • Table Morocco - Credit Cards Transaction Value By Scheme (MAD Million), 2009-2013
      • Table Morocco - Credit Cards Transaction Value By Scheme (US$ Million), 2009-2013
      • Table Morocco - Credit Cards Transaction Value By Issuer (MAD Million), 2009-2013
      • Table Morocco - Credit Cards Transaction Value By Issuer (US$ Million), 2009-2013
      • Table Morocco - Credit Cards Balance Outstanding By Issuer (MAD Million), 2009-2013
      • Table Morocco - Credit Cards Balance Outstanding By Issuer (US$ Million), 2009-2013
      • Table Morocco - Number of Charge Cards in Circulation (Thousand), 2009-2018
      • Table Morocco - Charge Cards Transaction Volume and Frequency by Channel, 2009-2018
      • Table Morocco - Charge Cards Total and Average Transaction Value by Channel, 2009-2018
      • Table Morocco - Charge Cards Total and Average Transaction Value by Channel, 2009-2018
      • Table Morocco - Number of Charge Cards in Circulation By Scheme (Thousand), 2009-2013
      • Table Morocco - Charge Cards Transaction Value By Scheme (MAD Million), 2009-2013
      • Table Morocco - Charge Cards Transaction Value By Scheme (US$ Million), 2009-2013
      • Table Morocco - Number of Commercial Cards in Circulation (Thousand), 2009-2018
      • Table Morocco - Commercial Cards Transaction Value (MAD Million), 2009-2018
      • Table Morocco - Commercial Cards Transaction Value (US$ Million), 2009-2018
      • Table Morocco - Commercial Credit Cards, 2009-2018
      • Table Morocco - Commercial Charge Cards, 2009-2018
      • Table Morocco - Card Fraud (MAD Million), 2009-2013
      • Table Morocco - Card Fraud (US$ Million), 2009-2013
      • Table Morocco - Number of Prepaid Cards in Circulation (Thousand), 2009-2018
      • Table Morocco - Prepaid Cards Transaction Value (MAD Million), 2009-2018
      • Table Morocco - Prepaid Cards Transaction Value (US$ Million), 2009-2018
      • Table Morocco - Open-Loop Prepaid Cards, 2009-2018
      • Table Morocco - Closed-Loop Prepaid Cards, 2009-2018
    • Methodology
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Definitions
      • Table Key Definitions
    • Disclaimer

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