The Cards And Payments Industry In Cambodia_ Emerging Trends And Opportunities To 2021 _ Market Insights Reports money laundering placement means

The cards and payments industry in cambodia: emerging trends and opportunities to 2021

Summary

GlobalData’s ‘the cards and payments industry in cambodia: emerging trends and opportunities to 2021’ report provides detailed analysis of market trends in the cambodian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including check payments and payment cards during the review period (2012-2016).

The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, and transaction values and volumes during the review period and over the forecast period (2017-2021). 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.Money laundering placement means the report also covers details of regulatory policy and recent changes in the regulatory structure.

Key findings

-this report provides a comprehensive analysis of the cambodian cards and payments industry.

– it provides current values for the cambodian cards and payments industry for 2016, and forecast figures to 2021.

– it details the different demographic, economic, infrastructural and business drivers affecting the cambodian cards and payments industry.

– it outlines the current regulatory framework in the industry.

– it details marketing strategies used by various banks and other institutions.

Synopsis

GlobalData’s ‘the cards and payments industry in cambodia: emerging trends and opportunities to 2021’ report provides top-level market analysis, information and insights into the cambodian cards and payments industry, including:

– current and forecast values for each market in the cambodian cards and payments industry, including debit and credit cards.Money laundering placement means

– detailed insights into payment instruments including checks and payment cards. It also includes an overview of the country’s key alternative payment instruments.

– analysis of various market drivers and regulations governing the cambodian cards and payments industry.

– detailed analysis of strategies adopted by banks and other institutions to market debit and credit cards.

– comprehensive analysis of consumer attitudes and buying preferences for cards.

– the competitive landscape in the cambodian cards and payments industry.

Reasons to buy

– make strategic business decisions, using top-level historic and forecast market data, related to the cambodian cards and payments industry and each market within it.

– understand the key market trends and growth opportunities in the cambodian cards and payments industry.

– assess the competitive dynamics in the cambodian cards and payments industry.Money laundering placement means

– gain insights into marketing strategies used for various card types in cambodia.

– gain insights into key regulations governing the cambodian cards and payments industry.

Key highlights

– the national bank of cambodia (NBC) launched the fast and secure transfer (FAST) payment system in july 2016. FAST payment offers a quick, secure and efficient method of interbank transactions in local currency for commercial banks and micro deposit-taking institutions (mdis). FAST payment offers its services to 13 commercial banks and mdis. Banks that have adopted this system include acleda bank, cambodian public bank, canadia, advanced bank of asia (ABA), BIDC, phillip and sathapana. The NBC is developing a shared switch system, an integrated platform to facilitate electronic payments such as transactions at atms, POS terminals and online and mobile payments.

– leading international schemes, including mastercard and unionpay international, are making their presence felt in the country’s debit card market, which was previously dominated by visa.Money laundering placement means mastercard is collaborating with several banks to strengthen its foothold in cambodia; in july 2016, for instance, mastercard established partnerships with 13 banks in cambodia, including six foreign-owned banks and acleda bank, the leading debit card issuer. UnionPay international collaborated with ABA to offer the ABA unionpay debit card in cambodia, following their card issuance cooperation agreement in 2014.

– the emergence of mobile banking applications is likely to accelerate a shift towards alternative payments in cambodia. In may 2016, maybank launched a mobile banking app for customers in cambodia, allowing them to conduct banking transactions, transfer funds and make online purchases. In the same month, ABA introduced ABA mobile, allowing ABA customers to conduct a number of transactions using a code rather than a card, including P2P payments, cash withdrawal at atms, transaction and balance history checks, and utility bill payments.Money laundering placement means

Figure 1: cambodia – payment instrument shares by transaction value (%), 2012 vs. 2016

Figure 2: cambodia – payment instrument shares by transaction volume (%), 2012 vs. 2016

Figure 3: cambodia – population

Figure 4: cambodia – economic indicators

Figure 5: cambodia – atms and POS terminals

Figure 6: cambodia – real household consumption

Figure 7: cambodia – growth in payment card transaction values by type, 2012-2021

Figure 8: cambodia – number of cards in circulation by type, 2012-2021

Figure 9: cambodia – debit card penetration, 2016

Figure 10: cambodia – turnover per debit card, 2016

Figure 11: cambodia – debit card scheme share in terms of transaction value, 2016

Figure 12: cambodia – debit card issuer share in terms of transaction value, 2016

Figure 13: cambodia – pay later card penetration, 2016

Figure 14: cambodia – turnover per pay later card, 2016

Figure 15: cambodia – pay later card scheme share in terms of transaction value, 2016

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Figure 16: cambodia – pay later card issuer share in terms of transaction value, 2016

SECONDARY RESEARCH secondary research information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.Money laundering placement means

MARKET ENGINEERING the market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION the market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION after the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.