JSB Market Research: Venezuela's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape (1) - PowerPoint PPT Presentation

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JSB Market Research: Venezuela's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape (1)

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Venezuela is one of the founding members of Organization of the Petroleum Exporting Countries (OPEC) and is one of the world’s biggest exporters of crude oil. The global crisis severely affected the Venezuelan economy, with the GDP growth contracting to reach -3.20% in 2009. For More Information Visit: – PowerPoint PPT presentation

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Title: JSB Market Research: Venezuela's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape (1)


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JSB Market Research Venezuela's Cards and
Payments Industry Emerging Opportunities,
Trends, Size, Drivers, Strategies, Products and
Competitive Landscape
To buy this Report Visit http//www.jsbmarketrese
arch.com
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Summary
Venezuela is one of the founding members of
Organization of the Petroleum Exporting Countries
(OPEC) and is one of the worlds biggest
exporters of crude oil. The global crisis
severely affected the Venezuelan economy, with
the GDP growth contracting to reach -3.20 in
2009. Since early 2013, the country has faced
food shortages, high inflation, and pressures on
fixed currency exchange regulations. In a bid to
revive the economy, the government is attempting
to tackle problems in the core areas such the
supply of goods, import of food staples, labor,
and international travel.
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Key Highlights
  • The Venezuelan card payments channel grew in
    value and volume terms during the review period
    (20092013). The channel grew from 24.7 million
    cards in circulation in 2009 to 34.6 million in
    2013, at a compound annual growth rate (CAGR) of
    8.77 and is anticipated to further post a CAGR
    of 6.74 over the forecast period, to reach 49.1
    million in 2018. In terms of transaction value,
    the card payments channel grew VEF189.5 billion
    (US88.3 billion) in 2009 to VEF845.3 billion
    (US138.2 billion) in 2013, at a review-period
    CAGR of 45.32 and is anticipated to post a
    forecast-period CAGR of 21.50, to reach to
    VEF2.5 trillion (US139 billion) in 2018.
  • Many factors supported the review-period growth,
    such as an increase in per capita income, payment
    infrastructure modernization, growth in retail,
    e-commerce and tourism industries. Venezuelas
    governments decision to offer social benefits to
    senior citizens through banks supported the
    growth of the debit cards category, while growing
    demand for credit among middle-income consumers
    following the economic crisis benefitted the
    credit cards category.
  • To know more about this report click here
  • http//www.jsbmarketresearch.com/finance-banking/r
    -Venezuelas-Cards-and-Payments-Industry-Emerging-O
    pportunities-124382
  •  

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Table of Contents
Venezuela's Cards and Payments Industry Emerging
Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
Growing number of POS terminals
Growth in e-commerce
Growth in the retail industry
Business Drivers
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About JSB Market Research
JSB Market Research is an online repository of an
extensive collection of market research reports
available online. This online portal contains
high-quality reports with well-researched and
high-quality content on a wide range of
industries. These market research reports help us
give a detailed insight into new opportunities in
the industry, prevailing market trends,
competitor analysis and future prospects. JSBs
reports are developed by the domain experts and
publishers under a closely observed surveillance
of industry specialists. Therefore, the
researched data is well researched, well-
organized and matching up to the best standards
in the industry. Also JSBs database consists of
detailed insights of the leading players in the
global market, products and trends.
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Contact Us
Support General Inquiries Mail
support_at_jsbmarketresearch.com 91 - 998 729
5242 Billing Support Mail
billing_at_jsbmarketresearch.com 91 22 412
366 50 Website- http//www.jsbmarketresearch
.com
Support General Inquiries Mail
support_at_jsbmarketresearch.com 91 - 998 729
5242 Billing Support Mail
billing_at_jsbmarketresearch.com 91 22 412
366 50 Website- http//www.jsbmarketresearch
.com
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Report Name Venezuela's Cards and Payments
Industry Emerging Opportunities, Trends, Size,
Drivers, Strategies, Products and Competitive
Landscape
Product Price
License Type Price
PDF 3995
Enterprise Wide Licence 11985
Site Licence 7990
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