Market Research Reports, Inc.

The Cards and Payments Industry in Japan: Emerging Trends and Opportunities to 2019; New Report Launched

Market Research Reports, Inc. has announced the addition of “The Cards and Payments Industry in Japan: Emerging Trends and Opportunities to 2019” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 04/08/2016 -- The Cards and Payments Industry in Japan: Emerging Trends and Opportunities to 2019 report provides top-level market analysis, information and insights into Japan's cards and payments industry, including:
- Current and forecast values for each market in Japan's 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 and payment cards. It also, includes an overview of the country's key alternative payment instruments.
- E-commerce market analysis and online payment types.
- Analysis of various market drivers and regulations governing Japan's 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 Japan's cards and payments industry.

The Cards and Payments Industry in Japan: Emerging Trends and Opportunities to 2019' report provides detailed analysis of market trends in Japan's cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, payment cards, cash transactions and check payments during the review period (2010–2014).

The report also analyzes various payment card markets 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 country's competitive landscape, including market shares of issuers and schemes.

The report brings together Publisher's 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.

Scope
- This report provides a comprehensive analysis of Japan's cards and payments industry.
- It provides current values for Japan's cards and payments industry for 2014, and forecast figures to 2019.
- It details the different demographic, economic, infrastructural and business drivers affecting Japan's 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 card issuers in Japan's cards and payments industry.

Reasons to Buy
- Make strategic business decisions, using top-level historic and forecast market data, related to Japan's cards and payments industry and each market within it.
- Understand the key market trends and growth opportunities in Japan's cards and payments industry.
- Assess the competitive dynamics in Japan's cards and payments industry.
- Gain insights into marketing strategies used for various card types in Japan.
- Gain insights into key regulations governing Japan's cards and payments industry.

Key Highlights
- The Japanese government took a number of initiatives during the review period (2010–2014) to encourage electronic payments. As part of its Regional Revitalization policy rolled out in June 2014, the government urged banks to enhance the scope of domestic automatic teller machines (ATMs) to make them compatible with overseas-issued cards due to rise in inbound foreigners tourists. In January 2016, the Ministry of Economy, Trade and Industry announced plans to launch a mobile payment app for foreign visitors. Consumers can register passport and credit card details in the app and make payments at retail outlets by mobile phone. The app is expected to reduce the problem of non-acceptance of foreign-issued cards for visitors.
- To enhance convenience for foreign travelers, Sumitomo Mitsui Banking, Mitsubishi UFJ and Mizuho Bank announced that they would make their ATMs compatible with accept foreign issued credit cards. Presently, only a few banks such as Japan Post Bank and Seven Bank offered ATMs that accept overseas cards for cash withdrawals. As part of the plan, Mitsubishi UFJ will install 1,000 ATMs during 2016–2020. Sumitomo Mitsui Banking also plans to install 1,000 ATMs by the end of March 2017.
- The government aims to welcome 20 million tourists a year by 2020, but it is expected to surpass the target well before this date, as 19.7 million tourists visited Japan in 2015. The government abolished tax for foreign travelers on confectionary, cosmetics, food, alcohol and medicinal items from October 2014, to encourage the inflow of intentional tourists. According to the new law, tourists spending US$47.2 (JPY5,000) or above at specified merchants are eligible for a portion of tax exemption from their bills. Such a tax reform is expected to further increase inbound tourist expenditure.

Spanning over 63 pages "The Cards and Payments Industry in Japan: Emerging Trends and Opportunities to 2019" report covers Definitions and Methodology, Key Facts and Events, Executive Summary, Payment Instruments, E-Commerce, Alternative Payments, Regulations in the Cards and Payments Industry, Analysis of Cards and Payments Industry Drivers, Market Segmentation, Payment Cards, Debit Cards, Credit Cards, Charge Cards, Commercial Cards, Card Issuers, Prepaid Cards, Appendix. The report covered companies are - Sumitomo Mitsui Financial Group, Sumitomo Mitsui Card Company, Credit Saison, Aeon Financial Service Company Ltd, Mitsubishi UFJ Nicos, Japan Post Bank, J-Debit, JCB, American Express, Visa, MasterCard

For more information Visit at: http://www.marketresearchreports.com/timetric/cards-and-payments-industry-japan-emerging-trends-and-opportunities-2019

Find all Debit / Credit Cards Reports at: http://www.marketresearchreports.com/debit-credit-cards

About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

Yearly/Quarterly Report Subscription: http://www.marketresearchreports.com/subscriptions