Favoring Regulations and digital-only banks Driving China Cards and Payments Sector : Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit In the latest publication of Ken Research titled “The Cards and Payments Industry in China: Emerging Trends and Opportunities to 2020” offers detailed analysis of segment dynamics, consumer trends and regulatory amendments of cards and payments market in China. The report comes very handy for comprehensive analysis of various market drivers, their strategies to market card and payment industry and regulations governing the cards and payment industry of China. Urbanization and an increasing middle class population, surging popularity of technology and regulatory support for the use of debit and credit cards is resulting in shift towards card-based transactions. The banks can charge a maximum of 0.9% on card payment. The central bank has announced to further reduce this cap to 0.35% for debit card and 0.45% for credit card payments. Increase in the population base using banking facility are intimidating banks to establish more and more ATMs in both urban and rural areas which is further extending the user base. China’s first digital-only bank ‘Webank’ has been followed by another two digital banks “MYBank” and “Baixin Bank” which is likely to ignite digitalization of banking sector. The Chinese card payments channel has blown up both in volume and value terms. A robust growth has been witnessed in the issue of cards from 2.0 billion cards in 2008 to 3.9 billion cards in 2012, at a CAGR of 18.42%. Debit card category held the largest proportion of the market share and accounted for 82.3% in 2012 with a high CAGR of 17.89%. Total card volume is expected to grow at a CAGR of 8.06% to reach 6.1 billion cards by the end of 2017. The report provides an essence of the current status for the Chinese cards and payments industry for 2015, and forecast figures to 2020. It gives detailed analysis of leading market players, consumer trends and category dynamics and provides insight on the regulatory framework and appropriate strategy of the market players. E-commerce market analysis, details on competitive landscape in the Chinese cards and payments and different demographic, economic, infrastructural and business drivers affecting the Chinese cards and payments industry has also been well-examined in the report. Key points covered in the report: Market trends and growth opportunities in the Chinese cards and payments industry Key regulations governing the Chinese cards and payments industry Analysis of consumer attitudes and buying preferences for cards Current and forecast values for each market in the Chinese cards and payments industry For more coverage refer to the following link: https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/cards-payments-industry-china-emerging/23553-93.html Similar reports: Leasing Life Industry Report 2016 Direct vs. Fund Investments: HNW Preferences Wealth in Australia: HNW Investors Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204 Tags: China Alternative Payment instruments, China Cards and Payments Market analysis, China Cards and Payments Market Competition, China Cards and Payments Market future, China Cards and Payments Market research, China Cards and Payments Market research report., China Cards and Payments Market share, China Cards and Payments Market Size, China Cards and Payments Market trends, China credit card market trends, China UnionPay market Size in Payments Sector, Debit Card Penetration in China, Debit cards Users in China, E-commerce market growth china, Financial cards and payments market china, Foreign Direct Investment in China Financial Market, Number of Commercial Pay Later Cards in China, Payment card Transactions Volume China, Regulations in the Cards and Payments Industry china