| South Korean Payment Card Market ( ) report | | | | to the enhancement of various benefits and |
| provides extensive research and in-depth analysis | | | | expansion of scope available for settlements. |
| on the South Korean Payment Card Market. It | | | | Among all cards, the uses of check cards are |
| focuses on the emerging market trends, recent | | | | expected to record the sharpest increase at a |
| developments and their impact on the market. | | | | CAGR of over 36% during 2009-2013. On the |
| The report will help clients to analyze the | | | | other hand, debit cards are expected to show |
| leading-edge opportunities, prospective customer | | | | downtrend during the period. With no risk involved, |
| base, key players, future outlook and all other | | | | prepaid cards are also anticipated to show |
| factors which are critical to the success of a new | | | | significant growth in future. |
| entrant in the South Korean Payment Card | | | | Our research provides forecast (2009-2013) on |
| Market. It also answers other critical questions like | | | | - Check Cards |
| what are other payment instruments beside cards | | | | - Credit Cards |
| and what is share of cards in overall payment | | | | - Prepaid Cards |
| settlement market. | | | | - Debit Cards |
| | | | | The forecast given in the report is not based on |
| With the rising popularity of electronic banking and | | | | a complex economic model, but is intended as a |
| stupendous growth in information and technology, | | | | rough guide to the direction in which the market is |
| the number of payment cards (debit, credit, | | | | likely to move. The forecast is based on a |
| check and prepaid cards) has surged in South | | | | correlation between past market growth and |
| Korea. Per capita payment card issuance in the | | | | growth of base drivers. |
| country has reached the second highest level in | | | | The report also throws a light on the competitive |
| the world after the US. Each person in South | | | | landscape of the South Korean Payment card |
| Korea has on an average 3.8 cards, trailing only | | | | industry, giving business overview of several |
| the US with 5.3 cards, says a new research | | | | prominent players in the industry, including |
| report "South Korean Payment Card Market" | | | | Samsung Card Co. Ltd., Shinhan Card Co. Ltd., LG |
| Despite a deep economic slump, the uses of bank | | | | Card Co. Ltd. and Lotte Card Co. Ltd. |
| cards are expected to grow at rapid pace owing | | | | |