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Market Opportunities and Emerging Trends in the Prepaid Card Market in the
Middle East

Payroll cards are becoming increasingly widespread in the UAE, driven by the government-
mandated wages protection system (WPS). The UAE’s banking structure, albeit fragmented,
is a mixture of both private and public banks. Jebel Ali, one of the mid-market malls in the
UAE, is considered a pioneer of the prepaid cards industry in the country. Saudi Arabia’s
young population is driving considerable investment into the country’s prepaid cards market
which provides the potential for youth-targeted prepaid cards. The market for prepaid cards
in Saudi Arabia was found to be negligible with a minimal percentage of prepaid gift cards in
supply. The country has a healthy influx of tourists for the Islamic holy cities such as Mecca,
Jeddah and Riyadh. Tourist prepaid cards are expected to drive the Saudi Arabian market.
On the other hand, the prepaid card market in Egypt is still in its developmental stages. The
market received support in 2008 and 2009 when the government made concerted efforts to
increase the penetration rates of e-banking across the country. However, the market was
adversely affected by the uprisings against the Hosni Mubarak government in early 2011. At
present there are a small number of prepaid card programs in Egypt, primarily offered by
banks.

Scope

        This report provides a comprehensive analysis of the prepaid card market in the
        Middle East
        It provides current values for the Middle Eastern prepaid card market for the year
        2011 and forecast figures for the years up to 2016
        It offers a detailed analysis of the key markets in the Middle Eastern prepaid card
        market, along with market forecasts until 2016
        It details the different macroeconomic factors affecting the Middle Eastern prepaid
        card market
        It covers an exhaustive summary on the key trends and drivers affecting the prepaid
        card market
        It outlines the current regulatory framework in the industry
        It details the marketing strategies used by various bankers and other institutions
        It profiles the major banks in the Middle Eastern prepaid card market

Buy this report @ http://www.reportsnreports.com/reports/160948-market-
opportunities-and-emerging-trends-in-the-prepaid-card-market-in-the-middle-
east.html

Reasons to buy

        Make strategic business decisions using historic and forecast market data related to
        the Middle Eastern prepaid card industry and each market within it
        Understand the key market trends and growth opportunities within the Middle
        Eastern prepaid card market
        Assess the competitive dynamics in the Middle Eastern prepaid card market
        Gain insights into the marketing strategies used by prepaid card selling vendors
        Gain insights into key regulations governing the Middle Eastern prepaid card market
Major points covered in Table of Contents of this report include:

1 Executive Summary

2 Prepaid Cards Market in the UAE

3 Prepaid Cards Market in the Kingdom of Saudi Arabia (KSA)

4 Prepaid Cards Market in Egypt

5 Appendix

List of Tables

List of Figures

Browse reports related to Banking and Financial Services
@ http://www.reportsnreports.com/market-research/banking-services/


Report Details:
Published: May 2012
No. of Pages: 67
Price: Single User License – US$2950            Corporate User License – US$5900




Contact:
Priyank Tiwari
TX, Dallas North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas 75252
Tel: +1-888-391-5441
sales@reportsandreports.com

Connect With Us:

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Market opportunities and emerging trends in the prepaid card market in the middle east

  • 1. Market Opportunities and Emerging Trends in the Prepaid Card Market in the Middle East Payroll cards are becoming increasingly widespread in the UAE, driven by the government- mandated wages protection system (WPS). The UAE’s banking structure, albeit fragmented, is a mixture of both private and public banks. Jebel Ali, one of the mid-market malls in the UAE, is considered a pioneer of the prepaid cards industry in the country. Saudi Arabia’s young population is driving considerable investment into the country’s prepaid cards market which provides the potential for youth-targeted prepaid cards. The market for prepaid cards in Saudi Arabia was found to be negligible with a minimal percentage of prepaid gift cards in supply. The country has a healthy influx of tourists for the Islamic holy cities such as Mecca, Jeddah and Riyadh. Tourist prepaid cards are expected to drive the Saudi Arabian market. On the other hand, the prepaid card market in Egypt is still in its developmental stages. The market received support in 2008 and 2009 when the government made concerted efforts to increase the penetration rates of e-banking across the country. However, the market was adversely affected by the uprisings against the Hosni Mubarak government in early 2011. At present there are a small number of prepaid card programs in Egypt, primarily offered by banks. Scope This report provides a comprehensive analysis of the prepaid card market in the Middle East It provides current values for the Middle Eastern prepaid card market for the year 2011 and forecast figures for the years up to 2016 It offers a detailed analysis of the key markets in the Middle Eastern prepaid card market, along with market forecasts until 2016 It details the different macroeconomic factors affecting the Middle Eastern prepaid card market It covers an exhaustive summary on the key trends and drivers affecting the prepaid card market It outlines the current regulatory framework in the industry It details the marketing strategies used by various bankers and other institutions It profiles the major banks in the Middle Eastern prepaid card market Buy this report @ http://www.reportsnreports.com/reports/160948-market- opportunities-and-emerging-trends-in-the-prepaid-card-market-in-the-middle- east.html Reasons to buy Make strategic business decisions using historic and forecast market data related to the Middle Eastern prepaid card industry and each market within it Understand the key market trends and growth opportunities within the Middle Eastern prepaid card market Assess the competitive dynamics in the Middle Eastern prepaid card market Gain insights into the marketing strategies used by prepaid card selling vendors Gain insights into key regulations governing the Middle Eastern prepaid card market
  • 2. Major points covered in Table of Contents of this report include: 1 Executive Summary 2 Prepaid Cards Market in the UAE 3 Prepaid Cards Market in the Kingdom of Saudi Arabia (KSA) 4 Prepaid Cards Market in Egypt 5 Appendix List of Tables List of Figures Browse reports related to Banking and Financial Services @ http://www.reportsnreports.com/market-research/banking-services/ Report Details: Published: May 2012 No. of Pages: 67 Price: Single User License – US$2950 Corporate User License – US$5900 Contact: Priyank Tiwari TX, Dallas North - Dominion Plaza, 17304, Preston Road, Suite 800, Dallas 75252 Tel: +1-888-391-5441 sales@reportsandreports.com Connect With Us: