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Bulgarias Cards and Payments Industry: Emerging Opportunities, Trends, Size

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The global economic crisis in 2009-2010 had a severe effect on the Bulgarian economy, with gross domestic product (GDP) contracting by 5.5% in 2009. The Bulgarian government and World Bank entered into a memorandum of understanding (MoU) in January 2012 in response. This represented an important step taken by the country’s government to draw on the World Bank’s expertise in developing and implementing strategies and programs to revive the country’s economy. Read more details at: – PowerPoint PPT presentation

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Title: Bulgarias Cards and Payments Industry: Emerging Opportunities, Trends, Size


1
Bulgarias Cards and Payments Industry Emerging
Opportunities, Trends, Size, Drivers, Strategies,
Products
2
Synopsis
  • ?The global economic crisis in 2009-2010 had a
    severe effect on the Bulgarian economy, with
    gross domestic product (GDP) contracting by 5.5
    in 2009.
  • ? The Bulgarian government and World Bank entered
    into a memorandum of understanding (MoU) in
    January 2012 in response.
  • ? This represented an important step taken by the
    countrys government to draw on the World Banks
    expertise in developing and implementing
    strategies and programs to revive the countrys
    economy.
  • ? GDP grew by 0.9 in 2013, and is anticipated to
    rise to 3.0 in 2018, which will be beneficial
    for Bulgarias cards and payments industry over
    the forecast period (2014-2018).
  • Access The Full Report On http//www.bigmarketr
    esearch.com/bulgarias-cards-and-payments-industry-
    emerging-opportunities-trends-size-drivers-strateg
    ies-products-and-competitive-landscape-market
  •  

3
Scope
Scope ? This report provides a comprehensive
analysis of Bulgarias cards and payments
industry. ? It provides current values for
Bulgarias cards and payments industry for 2013,
and forecast figures for 2018. ? It details the
different economic, infrastructural and business
drivers affecting Bulgarias 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 major banks in
Bulgarias cards and payments industry.  
4
Summary
Summary The report provides top-level market
analysis, information and insights into
Bulgaria's cards and payments industry,
including   ? Current and forecast values for
each category of Bulgaria'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 Bulgaria's
cards and payments industry ? Detailed analysis
of 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 Bulgaria's cards and payments
industry
5
Key Highlights
? Bulgarian payment cards (including debit and
credit cards) registered positive growth during
the review period (2009-2013), recording a
compound annual growth rate (CAGR) of 2.08, and
increasing from 7.7 million cards in circulation
in 2009 to 8.5 million in 2013. ? In terms of
transaction value, payment cards valued BGN15.1
billion (US10.7 billion) in 2013, after
registering a review-period CAGR of 7.33. ?
Rising consumer awareness for electronic payments
and the adoption of advanced technologies such as
contactless cards and EMV technology contributed
towards the growth in payment cards during the
review period, in terms of transaction value,
volume and the number of cards in circulation.  
6
Table of Contents
1 Key Facts and Top 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   To Get
More Details Enquire _at_ http//www.bigmarketresearc
h.com/report-enquiry/178725
7
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