Market Research Reports, Inc. has announced the addition of “Slovakia's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape” research report to their offering. See more at- http://mrr.cm/Zf9
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Introduction to Report
Launch Date: May 19, 2014
Number Of Pages: 97
Geography Coverage: Slovakia
Available Format: PDF
Price For Single User License: USD 3,995
Price For Single User License: USD 7,990
Price For Global User License: USD 11,985
Delivery Time: Within 24 Hours (During Working Days)
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About the Report
The Slovak economy remained resilient to the European
sovereign debt crisis due to a sound banking system and prudent
government spending. Ongoing government reforms in
education, training, the labor market, taxation and infrastructure
are likely to spur economic growth over the forecast period
(2014–2019), which will have a direct impact on the Slovak cards
and payments industry.
In terms of overall payment channels, credit transfers held the
highest channel share of 85.3% in 2013, followed by direct debits
with 12.4%. With consumers shifting to modern electronic
payment systems, the channel share of card transactions
increased from 1.4% in 2009 to 2.2% in 2013.
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Research Findings
The Slovak card payments channel grew both in terms of
volume and value during the review period (2009–2013).
In terms of the number of cards in circulation, the channel
increased from 5.1 million in 2009 to 5.7 million in 2013,
during the review period at a compound annual growth
rate (CAGR) of 2.83%.
Over the forecast period, the card payments channel is
anticipated to register a CAGR of 2.37% to reach 6.5
million cards by the end of 2018.
In terms of transaction value, the card payments channel
posted a review-period CAGR of 6.32%, rising from
EUR16.5 billion (US$22.9 billion) in 2009 to EUR21.0
billion (US$27.9 billion) in 2013.
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Research Findings Continues…
The channel is expected to post a forecast-period CAGR
of 3.97%, increasing EUR22.1 billion (US$29.8 billion) in
2014 to EUR25.8 billion (US$36.3 billion) in 2018.
In terms of the number of cards in circulation, the
channel increased from 5.1 million in 2009 to 5.7 million
in 2013, during the review period at a compound annual
growth rate (CAGR) of 2.83%.
Over the forecast period, the card payments channel is
anticipated to register a CAGR of 2.37% to reach 6.5
million cards by the end of 2018.
In terms of transaction value, the card payments channel
posted a review-period CAGR of 6.32%, rising from
EUR16.5 billion (US$22.9 billion) in 2009 to EUR21.0
billion (US$27.9 billion) in 2013.
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Research Findings Continues…
The channel is expected to post a forecast-period CAGR
of 3.97%, increasing EUR22.1 billion (US$29.8 billion) in
2014 to EUR25.8 billion (US$36.3 billion) in 2018.
Slovak consumers are generally quick to adopt new
payment technologies, and with the introduction of
mobile contactless payments by MasterCard in 2008, the
value of mobile payments (m-payments) grew to reach
EUR26.2 million (US$34.7 million) in 2013.
With their popularity still growing, m-payments are
anticipated to record a CAGR of 74.48% to reach EUR402.0
million (US$566.3 million) in 2018.
E-commerce registered a review-period CAGR of 28.35%,
rising from EUR218.0 million (US$302.9 million) in 2009 to
EUR591.7 million (US$784.4 million) in 2013.
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Report Covered:
Executive Summary
Analysis of Market Environment, Key Trends and Drivers
Cards and Payments Industry Share Analysis
Regulatory Framework and Card Fraud Statistics
Emerging Consumer Attitudes and Trends
Analysis of Card Payments and Growth Prospects
Analysis of Credit Card Payments and Growth Prospects
Analysis of Debit Card Payments and Growth Prospects
Analysis of Charge Card Payments and Growth Prospects
Analysis of Prepaid Card Payments and Growth Prospects
Merchant Acquiring
Company Profiles of Card Issuers
Appendix
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Companies Covered
1. Tatra Banka
2. Slovenská sporiteľňa
3. Československá Obchodní Banka
4. Sberbank Slovakia
5. VUB Banka
6. MasterCard
7. Visa
For more details regarding Report coverage see the last slide
All logos and Images mentioned on this slide belong to their respective owners.
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