The Cards and Payments Industry in Saudi Arabia: Emerging Trends and Opportunities To 2019: 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 The Cards and Payments Industry in Saudi Arabia: Emerging Trends and Opportunities to 2019 report provides detailed analysis of market trends in Saudi Arabia cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including check payments, credit transfers, direct debits, payment cards and cash transactions during the review period (2010-2014). The report also analyzes various payment cards market 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 (2015-2019). It also offers information on the countrys competitive landscape, including market shares of issuers and schemes. The report brings together Timetrics research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies, recent changes in regulatory structure and profiles of card issuers operating in the country. Summary Timetrics The Cards and Payments Industry in Saudi Arabia: Emerging Trends and Opportunities to 2019 report provides top-level market analysis, information and insights into Saudi Arabia cards and payments industry, including: Current and forecast values for each market in Saudi Arabia cards and payments industry, including debit card, credit and charge cards. It also includes detailed analysis of the prepaid card market. Detailed insights into payment instruments including credit transfers, cash transactions, checks, direct debits and payment cards. It also, includes an overview of the countrys key alternative payment instruments. E-commerce market analysis and online payment types. Analysis of various market drivers and regulations governing Saudi Arabia cards and payments industry. Detailed analysis of strategies adopted by banks and other institutions to market debit, credit and charge cards. Comprehensive analysis of consumer attitudes and buying preferences for cards. The competitive landscape of Saudi Arabia cards and payments industry. Scope This report provides a comprehensive analysis of Saudi Arabia cards and payments industry. It provides current values for Saudi Arabia cards and payments industry for 2014, and forecast figures to 2019. It details the different demographic, economic, infrastructural and business drivers affecting Saudi Arabia cards and payments industry. It outlines the current regulatory framework in the industry. It details marketing strategies used by various banks and other institutions. It profiles major banks in Saudi Arabia cards and payments industry. Reasons To Buy Make strategic business decisions, using top-level historic and forecast market data, related to Saudi Arabia cards and payments industry and each market within it. Understand the key market trends and growth opportunities in Saudi Arabia cards and payments industry. Assess the competitive dynamics in Saudi Arabia cards and payments industry. Gain insights into marketing strategies used for various card types in Saudi Arabia. Gain insights into key regulations governing Saudi Arabia cards and payments industry. Key Highlights To encourage the use of electronic payments, the Saudi Arabian Monetary Agency (SAMA) undertook a number of initiatives, including the establishment of its new electronic payment systemmada, and mandatory wage payment into bank accounts. It launched its modified Saudi Payment Network (SPAN) asmada in September 2015. SPAN links all the ATMs and point-of-sale (POS) terminals to a central payment switch across the country. The regulator expects that the new system will increase the use of POS terminals. To encourage the use of the POS terminals, the daily purchase limit was increased from USD5,333.3 (SAR20,000) to USD16,000 (SAR60,000). SAMA, in collaboration with the Ministry of Labor, launched the Wage Protection System (WPS) in June 2013. Under the law, employees salaries were paid directly into bank accounts, from which they can withdraw with debit cards. WPS was implemented in phases depending on the number of employees an organization had. Initially, it was mandatory for companies with an employee base of more than 3,000, which was further reduced in phases to companies with 100 or more employees from November 2015. Technology adoption in the cards and payments industry achieved a new level in Saudi Arabia, when Riyad Bank issued the countrys first contactless debit card- Riyad Bank Debit MasterCard- in May 2015. The card provides enhanced security and convenience, and is accepted across 35 million merchants globally. The card can be used for small value transactions of less than USD20 (SAR75) without the need to enter a PIN. With payment cards gaining in popularity among consumers, the introduction of contactless cards is likely to encourage card based payments even for low value transactions. Source: https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/cards-payments-industry-saudi-arabia/7336-93.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Saudi Arabia Alternative Payments Market Share, Saudi Arabia Alternative Payments Market Size, Saudi Arabia cards and payments Industry Research Report, Saudi Arabia cards and Payments Market Analysis, Saudi Arabia cards and Payments Market Forecast, Saudi Arabia cards and Payments Market Outlook, Saudi Arabia cards and Payments Market Research Report, Saudi Arabia cards and Payments Market Trends, Saudi Arabia Charge Cards Market Segmentation, Saudi Arabia Charge Cards Sales Growth, Saudi Arabia Debit Cards Customer preference, Saudi Arabia Debit Cards Future Analysis, Saudi Arabia Debit Cards Import Export Scenario, Saudi Arabia E-commerce Company Profiles, Saudi Arabia E-commerce Market CAGR, Saudi Arabia Emv Cards Companies Revenue, Saudi Arabia Emv Cards Industry Developments, Saudi Arabia Emv Cards Industry Size, Saudi Arabia Financial Cards Competition Analysis, Saudi Arabia Financial Cards Future Projections, Saudi Arabia Financial Cards Market Insight, Saudi Arabia Prepaid Cards Competitive Landscape, Saudi Arabia Prepaid Cards Sector Growth