Egypt's Cards and Payments Industry, Size, Share, Global Trends, Demand, Insight, Report, Opportunities, Segmentation and Forecast,2018 - PowerPoint PPT Presentation

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Egypt's Cards and Payments Industry, Size, Share, Global Trends, Demand, Insight, Report, Opportunities, Segmentation and Forecast,2018

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In July 2014, the newly elected President Abdel Fattah El-Sisi announced a wide range of reforms, introducing new taxes, increasing selected taxes, and reducing energy subsidies which are anticipated to spur economic growth over the forecast period (2014-2018). Other Arab countries including Saudi Arabia, the UAE and Kuwait have committed around US$20.0 billion to Egypt, through a mix of central bank deposits, cash grants, in-kind grants, and project aid, of which about US$15.0-16.0 billion was received as of June 2014, according to the World Bank. The reforms are anticipated to have a positive effect on the cards and payments industry. To get Details at: – PowerPoint PPT presentation

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Title: Egypt's Cards and Payments Industry, Size, Share, Global Trends, Demand, Insight, Report, Opportunities, Segmentation and Forecast,2018


1

Main Title
Market Research Report 
Egypt's Cards and Payments Industry Emerging
Opportunities, Trends, Size, Drivers, Strategies,
Products and Competitive Landscape
reportscue
2

Synopsis The report provides top-level market
analysis, information and insights into Egypt's
cards and payments industry, including
Current and forecast values for each category of
Egypt's cards and payments industry, including
debit cards, credit cards and prepaid cards
Comprehensive analysis of the industrys market
attractiveness and future growth areas
Analysis of various market drivers and
regulations governing Egypt's cards and payments
industry Detailed analysis of the marketing
strategies adopted for selling debit, credit and
prepaid cards used by banks and other
institutions in the market Comprehensive
analysis of consumer attitudes and buying
preferences for cards The competitive
landscape of Egypt's cards and payments industry
3

Report OverviewThe Egyptian economy is the
second-largest in the Middle East after Saudi
Arabia. The economy depends largely on
agriculture, tourism and cash remittances from
Egyptians working abroad, mainly in Saudi Arabia
and Gulf countries. With the government and banks
striving to offer basic financial services to the
unbanked population and banks expanding their
presence in rural areas, the Egyptian cards and
payments industry registered positive growth
during the review period (2009-2013).In July
2014, the newly elected President Abdel Fattah
El-Sisi announced a wide range of reforms,
introducing new taxes, increasing selected taxes,
and reducing energy subsidies which are
anticipated to spur economic growth over the
forecast period (2014-2018). Other Arab countries
including Saudi Arabia, the UAE and Kuwait have
committed around US20.0 billion to Egypt,
through a mix of central bank deposits, cash
grants, in-kind grants, and project aid, of which
about US15.0-16.0 billion was received as of
June 2014, according to the World Bank. The
reforms are anticipated to have a positive effect
on the cards and payments industry.Credit
transfers and payment cards were the preferred
payment instruments, having a combined industry
share of 94.6 in terms of transaction value in
2013. The share of payment cards is increasing as
the government and banks are increasing the
awareness levels and benefits among consumers and
merchants.
4

Scope This report provides a comprehensive
analysis of Egypt's cards and payments
industry. It provides current values for
Egypt's cards and payments industry for 2013, and
forecast figures for 2018. It details the
different economic, infrastructural and business
drivers affecting Egypt's 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 Egypt's cards and payments industry.
5

Key Highlights In terms of the number of
cards in circulation, Egyptian payment cards
(including debit and credit cards) registered
positive growth during the review period,
recording a compound annual growth rate (CAGR) of
11.17, increasing from 10 million in 2009 to
15.3 million in 2013. In terms of transaction
value, payment cards valued to EGP161.7 billion
(US23.5 billion) in 2013, after registering a
review-period CAGR of 9.07. In 2013, the
average transaction value (ATV) in Egypt was
US97.7, which was the lowest among Egypts peer
countries Oman, Kuwait, Saudi Arabia and the
UAE. Kuwait recorded the highest ATV with
US919.6, followed by the UAE with US263.1, Oman
with 207.4 and Saudi Arabia with US128.8. In
terms of card penetration, Egypt recorded 0.18
cards per inhabitant in 2013, while the UAE
recorded 1.96, Kuwait recorded 1.32, Oman
recorded 1.03 and Saudi Arabia recorded 0.69. In
terms of frequency of use, Egypt recorded 15.7
transactions per card in 2013, while Saudi Arabia
recorded 91.1, Kuwait recorded 47.7, the UAE
recorded 43.1 and Oman recorded 13.4. In 2010,
the CBE selected GiroNil to co-develop the
national Automated Clearing House (ACH) system in
Egypt. The electronic network, built by the EBC
and GiroNil Egypt, was launched in June 2010 when
the CBE and all 38 banks operating in the market
were successfully interlinked.
6

Table of Contents 1 Key Facts and Events 2
Executive Summary 3 Payment Instruments 4 Market
Attractiveness and Future Prospects of Cards and
Payments 5 Analysis of Cards and Payments
Industry Drivers 6 Emerging Consumer Attitudes
and Trends 7 Payment Cards 8 Debit Cards 9 Credit
Cards 10 Commercial Cards 11 Regulations in the
Cards and Payments Industry 12 Card Fraud
Statistics 13 Card Issuers 14 Card Schemes 15
Prepaid Cards 16 Appendix
7

Reason To Buy Make strategic business
decisions using top-level historic and forecast
market data related to Egypt's cards and payments
industry and each market within it. Understand
the key market trends and growth opportunities in
Egypt's cards and payments industry. Assess
the competitive dynamics in Egypt's cards and
payments industry. Gain insights in to the
marketing strategies used for selling various
card types in Egypt. Gain insights into key
regulations governing Egypt's cards and payments
industry. To Get Details http//www.reportscu
e.com/egypts-cards-and-payments-industry-emerging-
opportunities-trends-size-drivers-strategies-produ
cts-and-competitive-landscape-market
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