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Learn moreDec 2020
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Credit cards dominate card transactions in value terms, with these products widely used for larger purchases. However, with the challenges presented by COVID-19 there were concerns that consumers may be unable to meet their minimum payment requirements.
Commercial credit cards account for 1% of total credit cards in circulation in Taiwan, although they account for around 4% of the total value of credit card transactions. Commercial credit cards are not common due to the traditional business practices seen among local Taiwanese companies.
The rapid uptake of mobile wallets in Taiwan continues to support growth in personal credit card transactions. Credit cards have not been able to cover small-ticket purchases in the past, but this is changing due to the wide popularity of pass-through and staged mobile wallets.
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Discover the latest market trends and uncover sources of future market growth for the Credit Card Transactions industry in Taiwan with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Credit Card Transactions industry in Taiwan, our research will save you time and money while empowering you to make informed, profitable decisions.
The Credit Card Transactions in Taiwan market research report includes:
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Euromonitor’s industry reports, including Credit Card Transactions in Taiwan, originate from our database within our Consumer Finance market share and market size database
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.