Argentina Cards and Payments Industry 2017

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Argentina Cards and Payments Industry 2017

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The Argentinian card payments channel grew both in volume and value terms during the review period. In terms of volume, the card payments channel grew at a CAGR of 14.51% from 35.0 million cards in 2008 to 60.2 million in 2012. Growth is anticipated to continue at a forecast-period CAGR of 6.27% to reach 86.5 million cards in circulation by 2017. – PowerPoint PPT presentation

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Title: Argentina Cards and Payments Industry 2017


1
Argentinas Cards and Payments Industry Emerging
Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive LandscapebyTimetric
  • Explore all reports for Credit Card market
  • _at_
  • http//www.rnrmarketresearch.com/reports/business-
    financial-services/financial-services/credit-card
    .

2
Argentinas Cards and Payments Industry Emerging
Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
  • The Argentinian card payments channel grew both
    in volume and value terms during the review
    period. In terms of volume, the card payments
    channel grew at a CAGR of 14.51 from 35.0
    million cards in 2008 to 60.2 million in 2012.
    Growth is anticipated to continue at a
    forecast-period CAGR of 6.27 to reach 86.5
    million cards in circulation by 2017.
  • In terms of card volume, credit cards accounted
    for a 46.4 share in 2012, followed by debit
    cards with 45.1. In terms of value, the card
    payments channel grew from ARS265.4 billion
    (US84.4 billion) in 2008 to ARS561.6 billion
    (US123.8 billion) in 2012, at a CAGR of 20.61.
    The channel is expected to reach ARS839.2 billion
    (US102.3 billion) in 2017, representative of a
    forecast-period CAGR of 7.03. Growth in the
    channel is expected to be driven by an increasing
    demand for charge cards and credit cards, a
    better regulatory framework, an increasing
    e-commerce market and a positive economic
    outlook.
  • The implementation of improved security measures
    and advanced technology has changed the dynamics
    of the cards and payments industry in Argentina.
    EMV is a chip-based technology superior to
    magnetic strip based cards in terms of security
    and transaction speed. EMV technology supported
    by NFC-enabled contactless payment systems will
    significantly reduce the processing speed of
    transactions, saving time and money for customers
    and retailers.
  • Request sample copy of this report _at_
    http//www.rnrmarketresearch.com/contacts/request-
    sample?rname142991 .

3
Argentinas Cards and Payments Industry Emerging
Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
  • Scope
  • This report provides a comprehensive analysis of
    Argentinas cards and payments industry.
  • It provides current values for Argentinas cards
    and payments industry for 2012, and forecast
    figures for 2017.
  • It details the different economic,
    infrastructural and business drivers affecting
    Argentinas cards and payments industry.
  • It outlines the current regulatory framework in
    the industry.
  • It details the marketing strategies used by
    various banks and other institutions.
  • It profiles the major banks in Argentinas cards
    and payments industry.
  • Complete report available _at_ http//www.rnrmarketre
    search.com/argentinas-cards-and-payments-industry-
    emerging-opportunities-trends-size-drivers-strateg
    ies-products-and-competitive-landscape-market-repo
    rt.html .

4
Argentinas Cards and Payments Industry Emerging
Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
  • Reasons To Buy
  • Make strategic business decisions using top-level
    historic and forecast market data related to
    Argentinas cards and payments industry and each
    market within it.
  • Understand the key market trends and growth
    opportunities within Argentinas cards and
    payments industry.
  • Assess the competitive dynamics in Argentinas
    cards and payments industry.
  • Gain insights in to the marketing strategies used
    for selling various card types in Argentina.
  • Gain insights into key regulations governing
    Argentinas cards and payments industry.
  • Request sample copy of this report _at_
    http//www.rnrmarketresearch.com/contacts/request-
    sample?rname142991 .

5
Argentinas Cards and Payments Industry Emerging
Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
  • Key Highlights
  • The Argentinian card payments channel registered
    marginal growth during the review period
    (2008-2012). The number of cards in circulation
    recorded a review-period CAGR of 14.51,
    supported by a positive economic outlook, a need
    for more sophisticated products in terms of
    prepaid and charge cards, the growth of retail
    commerce and increased demand for prepaid
    products.
  • During the review period, the size of the card
    payments channel, in terms of volume, increased
    at a CAGR of 14.51 to reach 60.2 million cards
    in 2012. In value terms, the Argentinian card
    payments channel grew from ARS265.4 billion
    (US84.4 billion) in 2008 to ARS561.6 billion
    (US123.8 billion) in 2012. Over the forecast
    period (2013-2017), card payments are expected to
    deliver strong growth as consumers increasingly
    move away from cash transactions.
  • Competition in the cards and payments industry
    has forced issuers to employ effective
    promotional strategies. Card transaction
    discounts and benefits, which create consumer
    satisfaction and increased customer loyalty, are
    available. Benefits include complementary
    insurance, interest-free credit, overseas medical
    and legal assistance, and information on
    transactions through e-statements. Many banks
    have competitive interest rates on credit cards
    with deferred interest. Also available is a 5
    VAT rebate on purchases made with certain cards.
  • Request sample copy of this report _at_
    http//www.rnrmarketresearch.com/contacts/request-
    sample?rname142991 .

6
Argentinas Cards and Payments Industry Emerging
Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
  • For more details contact Mr. Priyank Tiwari
    sales_at_rnrmarketresearch.com / 18883915441

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