Euromonitor International
- Item successfully added to cart!
  
  Your cart is empty
  
  Check Out View Cart

Country Report

Debit Transactions in

Debit Cards in Hong Kong, China

16 pages, Nov 2018

US$990

Add to cart Pay by invoice

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

PROSPECTS

Number of debit cards in circulation continues to rise despite the emergence of digital payments

Despite the growing popularity of contactless credit cards and mobile payments, it is expected that the number of debit cards in circulation will continue to rise in Hong Kong. As all debit cards in Hong Kong are linked to a bank account, mobile wallets and credit cards will not be able to replace debit cards due to demand for traditional bank accounts.

Debit card transaction volume and value losing ground to other payment methods

With the growing competition between different payment methods, debit card transaction volume and value growth are expected to slow over 2018/2019, before moving into negative territory. Prior to the fierce competition between payment instruments, debit cards had the advantage of low transaction costs.

COMPETITIVE LANDSCAPE

Influx of tourists and businesses from mainland China serves to boost the share of UnionPay

UnionPay is one of the two debit card operators present in Hong Kong. While EPS leads the category, UnionPay has the advantage of not charging fees on foreign currency transactions.

Bank of China (Hong Kong) lowers onboarding requirements

As China’s Greater Bay Area and Belt and Road Initiative have opened up opportunities for mainland Chinese businesses in Hong Kong, the Bank of China (Hong Kong) has tapped into increasing demand for Hong Kong bank accounts by lowering the minimum deposit requirements for wealth management accounts. As all debit cards are tied to a bank account, the number of debit cards in circulation from the Bank of China (Hong Kong) is expected to further increase.

Files are delivered directly into your account within a few minutes of purchase.

Overview

Why buy this report?

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.

SAMPLES

FAQS ABOUT SAMPLES

Delivery Method

Instant download.

Overview

Discover the latest market trends and uncover sources of future market growth for the Debit Transactions industry in Hong Kong, China 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 Debit Transactions industry in Hong Kong, China, our research will save you time and money while empowering you to make informed, profitable decisions.

The Debit Transactions in Hong Kong, China market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Debit Transactions in Hong Kong, China?
What are the major operators and issuers in Hong Kong, China?
What is the current state and expected evolution of consumer payment preference?
What payment instrument offers the highest growth potential?
What strategies and positioning have consumer finance companies utilized to win in the market?

Why buy this report?

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

Euromonitor’s industry reports, including Debit Transactions in Hong Kong, China, originate from our database within our Consumer Finance market share and market size database.

Want to find out more about this report?

Request more information

Charge Cards in Hong Kong, China - Category analysis

Charge Cards in Hong Kong, China - Company Profile

HEADLINES

PROSPECTS

Premiumisation in personal charge cards leading to a drop in number of cards in circulation

Commercial charge cards continue to outperform personal charge cards

COMPETITIVE LANDSCAPE

American Express continues to dominate charge cards

Diners Club continues to lose share

CATEGORY DATA

Table 1 Charge Cards: Number of Cards in Circulation 2013-2018
Table 2 Charge Cards Transactions 2013-2018
Table 3 Charge Cards in Circulation: % Growth 2013-2018
Table 4 Charge Cards Transactions: % Growth 2013-2018
Table 5 Commercial Charge Cards: Number of Cards in Circulation 2013-2018
Table 6 Commercial Charge Cards Transactions 2013-2018
Table 7 Commercial Charge Cards in Circulation: % Growth 2013-2018
Table 8 Commercial Charge Cards Transactions: % Growth 2013-2018
Table 9 Personal Charge Cards: Number of Cards in Circulation 2013-2018
Table 10 Personal Charge Cards Transactions 2013-2018
Table 11 Personal Charge Cards in Circulation: % Growth 2013-2018
Table 12 Personal Charge Cards Transactions: % Growth 2013-2018
Table 13 Charge Cards: Number of Cards by Issuer 2013-2017
Table 14 Charge Cards: Number of Cards by Operator 2013-2017
Table 15 Charge Cards Payment Transaction Value by Issuer 2013-2017
Table 16 Charge Cards Payment Transaction Value by Operator 2013-2017
Table 17 Commercial Charge Cards: Number of Cards by Issuer 2013-2017
Table 18 Commercial Charge Cards: Number of Cards by Operator 2013-2017
Table 19 Commercial Charge Cards Payment Transaction Value by Issuer 2013-2017
Table 20 Commercial Charge Cards Payment Transaction Value by Operator 2013-2017
Table 21 Personal Charge Cards: Number of Cards by Issuer 2013-2017
Table 22 Personal Charge Cards: Number of Cards by Operator 2013-2017
Table 23 Personal Charge Cards Transaction Value by Issuer 2013-2017
Table 24 Personal Charge Cards Transaction Value by Operator 2013-2017
Table 25 Forecast Charge Cards: Number of Cards in Circulation 2018-2023
Table 26 Forecast Charge Cards Transactions 2018-2023
Table 27 Forecast Charge Cards in Circulation: % Growth 2018-2023
Table 28 Forecast Charge Cards Transactions: % Growth 2018-2023
Table 29 Forecast Commercial Charge Cards: Number of Cards in Circulation 2018-2023
Table 30 Forecast Commercial Charge Cards Transactions 2018-2023
Table 31 Forecast Commercial Charge Cards in Circulation: % Growth 2018-2023
Table 32 Forecast Commercial Charge Cards Transactions: % Growth 2018-2023
Table 33 Forecast Personal Charge Cards: Number of Cards in Circulation 2018-2023
Table 34 Forecast Personal Charge Cards Transactions 2018-2023
Table 35 Forecast Personal Charge Cards in Circulation: % Growth 2018-2023
Table 36 Forecast Personal Charge Cards Transactions: % Growth 2018-2023

Credit Cards in Hong Kong, China - Category analysis

Credit Cards in Hong Kong, China - Company Profile

HEADLINES

PROSPECTS

British Airways’ Avios a new option for air miles

Cash remains the preferred type of reward

Slowdown predicted for commercial credit cards

COMPETITIVE LANDSCAPE

HSBC and DBS reward apps

UnionPay gains share

WeChat Pay and Alipay accept foreign credit card operators in 2018

CATEGORY DATA

Table 37 Credit Cards: Number of Cards in Circulation 2013-2018
Table 38 Credit Cards Transactions 2013-2018
Table 39 Credit Cards in Circulation: % Growth 2013-2018
Table 40 Credit Cards Transactions: % Growth 2013-2018
Table 41 Commercial Credit Cards: Number of Cards in Circulation 2013-2018
Table 42 Commercial Credit Cards Transactions 2013-2018
Table 43 Commercial Credit Cards in Circulation: % Growth 2013-2018
Table 44 Commercial Credit Cards Transactions: % Growth 2013-2018
Table 45 Personal Credit Cards: Number of Cards in Circulation 2013-2018
Table 46 Personal Credit Cards Transactions 2013-2018
Table 47 Personal Credit Cards in Circulation: % Growth 2013-2018
Table 48 Personal Credit Cards Transactions: % Growth 2013-2018
Table 49 Credit Cards: Number of Cards by Issuer 2013-2017
Table 50 Credit Cards: Number of Cards by Operator 2013-2017
Table 51 Credit Cards Payment Transaction Value by Issuer 2013-2017
Table 52 Credit Cards Payment Transaction Value by Operator 2013-2017
Table 53 Commercial Credit Cards: Number of Cards by Issuer 2013-2017
Table 54 Commercial Credit Cards: Number of Cards by Operator 2013-2017
Table 55 Commercial Credit Cards Payment Transaction Value by Issuer 2013-2017
Table 56 Commercial Credit Cards Payment Transaction Value by Operator 2013-2017
Table 57 Personal Credit Cards: Number of Cards by Issuer 2013-2017
Table 58 Personal Credit Cards: Number of Cards by Operator 2013-2017
Table 59 Personal Credit Cards Payment Transaction Value by Issuer 2013-2017
Table 60 Personal Credit Cards Payment Transaction Value by Operator 2013-2017
Table 61 Forecast Credit Cards: Number of Cards in Circulation 2018-2023
Table 62 Forecast Credit Cards Transactions 2018-2023
Table 63 Forecast Credit Cards in Circulation: % Growth 2018-2023
Table 64 Forecast Credit Cards Transactions: % Growth 2018-2023
Table 65 Forecast Commercial Credit Cards: Number of Cards in Circulation 2018-2023
Table 66 Forecast Commercial Credit Cards Transactions 2018-2023
Table 67 Forecast Commercial Credit Cards in Circulation: % Growth 2018-2023
Table 68 Forecast Commercial Credit Cards Transactions: % Growth 2018-2023
Table 69 Forecast Personal Credit Cards: Number of Cards in Circulation 2018-2023
Table 70 Forecast Personal Credit Cards Transactions 2018-2023
Table 71 Forecast Personal Credit Cards in Circulation: % Growth 2018-2023
Table 72 Forecast Personal Credit Cards Transactions: % Growth 2018-2023

Debit Cards in Hong Kong, China - Category analysis

Debit Cards in Hong Kong, China - Company Profile

HEADLINES

PROSPECTS

Number of debit cards in circulation continues to rise despite the emergence of digital payments

Debit card transaction volume and value losing ground to other payment methods

COMPETITIVE LANDSCAPE

Influx of tourists and businesses from mainland China serves to boost the share of UnionPay

Bank of China (Hong Kong) lowers onboarding requirements

CATEGORY DATA

Table 73 Debit Cards: Number of Cards in Circulation 2013-2018
Table 74 Debit Cards Transactions 2013-2018
Table 75 Debit Cards in Circulation: % Growth 2013-2018
Table 76 Debit Cards Transactions: % Growth 2013-2018
Table 77 Debit Cards: Number of Cards by Issuer 2013-2017
Table 78 Debit Cards: Number of Cards by Operator 2013-2017
Table 79 Debit Cards Payment Transaction Value by Issuer 2013-2017
Table 80 Debit Cards Payment Transaction Value by Operator 2013-2017
Table 81 Forecast Debit Cards: Number of Cards in Circulation 2018-2023
Table 82 Forecast Debit Cards Transactions 2018-2023
Table 83 Forecast Debit Cards in Circulation: % Growth 2018-2023
Table 84 Forecast Debit Cards Transactions: % Growth 2018-2023

Pre-Paid Cards in Hong Kong, China - Category analysis

Pre-Paid Cards in Hong Kong, China - Company Profile

HEADLINES

PROSPECTS

The indispensable open loop pre-paid card

Electronic payments pose a risk to open loop pre-paid cards

COMPETITIVE LANDSCAPE

Octopus competes with other payment instruments

CATEGORY DATA

Table 85 Pre-paid Cards: Number of Cards in Circulation 2013-2018
Table 86 Pre-paid Cards Transactions 2013-2018
Table 87 Pre-paid Cards in Circulation: % Growth 2013-2018
Table 88 Pre-paid Cards Transactions: % Growth 2013-2018
Table 89 Closed Loop Pre-paid Cards Transactions 2013-2018
Table 90 Closed Loop Pre-paid Cards Transactions: % Growth 2013-2018
Table 91 Open Loop Pre-paid Cards Transactions 2013-2018
Table 92 Open Loop Pre-paid Cards Transactions: % Growth 2013-2018
Table 93 Pre-paid Cards: Number of Cards by Issuer 2013-2017
Table 94 Pre-paid Cards: Number of Cards by Operator 2013-2017
Table 95 Pre-paid Cards Transaction Value by Issuer 2013-2017
Table 96 Pre-paid Cards Transaction Value by Operator 2013-2017
Table 97 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2013-2017
Table 98 Closed Loop Pre-paid Cards: Number of Cards by Operator 2013-2017
Table 99 Closed Loop Pre-paid Cards Transaction Value by Issuer 2013-2017
Table 100 Closed Loop Pre-paid Cards Transaction Value by Operator 2013-2017
Table 101 Open Loop Pre-paid Cards: Number of Cards by Issuer 2013-2017
Table 102 Open Loop Pre-paid Cards: Number of Cards by Operator 2013-2017
Table 103 Open Loop Pre-paid Cards Transaction Value by Issuer 2013-2017
Table 104 Open Loop Pre-paid Cards Transaction Value by Operator 2013-2017
Table 105 Forecast Pre-paid Cards: Number of Cards in Circulation 2018-2023
Table 106 Forecast Pre-paid Cards Transactions 2018-2023
Table 107 Forecast Pre-paid Cards in Circulation: % Growth 2018-2023
Table 108 Forecast Pre-paid Cards Transactions: % Growth 2018-2023
Table 109 Forecast Closed Loop Pre-paid Cards Transactions 2018-2023
Table 110 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2018-2023
Table 111 Forecast Open Loop Pre-paid Cards Transactions 2018-2023
Table 112 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2018-2023

Store Cards in Hong Kong, China - Category analysis

Store Cards in Hong Kong, China - Company Profile

PROSPECTS

Financial Cards and Payments in Hong Kong, China - Industry Overview

EXECUTIVE SUMMARY

Growing competition from mobile wallets impacting traditional payment methods

Increasing usage but lower transaction value

Rewards a major marketing tool

The race to frictionless payments

UnionPay continues to gain ground

MARKET INDICATORS

Table 113 Number of POS Terminals: Units 2013-2018
Table 114 Number of ATMs: Units 2013-2018
Table 115 Value Lost to Fraud 2013-2018
Table 116 Card Expenditure by Location 2017
Table 117 Financial Cards in Circulation by Type: % Number of Cards 2013-2018
Table 118 Domestic versus Foreign Spend 2018

MARKET DATA

Table 119 Financial Cards by Category: Number of Cards in Circulation 2013-2018
Table 120 Financial Cards by Category: Number of Accounts 2013-2018
Table 121 Financial Cards Transactions by Category: Value 2013-2018
Table 122 Financial Cards by Category: Number of Transactions 2013-2018
Table 123 Consumer Payments by Category: Value 2013-2018
Table 124 Consumer Payments by Category: Number of Transactions 2013-2018
Table 125 M-Commerce by Category: Value 2013-2018
Table 126 M-Commerce by Category: % Value Growth 2013-2018
Table 127 Financial Cards: Number of Cards by Issuer 2013-2017
Table 128 Financial Cards: Number of Cards by Operator 2013-2017
Table 129 Financial Cards: Card Payment Transactions Value by Operator 2013-2017
Table 130 Financial Cards: Card Payment Transactions Value by Issuer 2013-2017
Table 131 Forecast Financial Cards by Category: Number of Cards in Circulation 2018-2023
Table 132 Forecast Financial Cards by Category: Number of Accounts 2018-2023
Table 133 Forecast Financial Cards Transactions by Category: Value 2018-2023
Table 134 Forecast Financial Cards by Category: Number of Transactions 2018-2023
Table 135 Forecast Consumer Payments by Category: Value 2018-2023
Table 136 Forecast Consumer Payments by Category: Number of Transactions 2018-2023
Table 137 Forecast M-Commerce by Category: Value 2018-2023
Table 138 Forecast M-Commerce by Category: % Value Growth 2018-2023

Megatrends

Country Report

Debit Cards in Hong Kong, China

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Number of debit cards in circulation continues to rise despite the emergence of digital payments

Debit card transaction volume and value losing ground to other payment methods

COMPETITIVE LANDSCAPE

Influx of tourists and businesses from mainland China serves to boost the share of UnionPay

Bank of China (Hong Kong) lowers onboarding requirements

Overview

Why buy this report?

SAMPLES

Delivery Method

Overview

Why buy this report?

Want to find out more about this report?

Table of Contents

Charge Cards in Hong Kong, China - Category analysis

Charge Cards in Hong Kong, China - Company Profile

HEADLINES

PROSPECTS

Premiumisation in personal charge cards leading to a drop in number of cards in circulation

Commercial charge cards continue to outperform personal charge cards

COMPETITIVE LANDSCAPE

American Express continues to dominate charge cards

Diners Club continues to lose share

CATEGORY DATA

Credit Cards in Hong Kong, China - Category analysis

Credit Cards in Hong Kong, China - Company Profile

HEADLINES

PROSPECTS

British Airways’ Avios a new option for air miles

Cash remains the preferred type of reward

Slowdown predicted for commercial credit cards

COMPETITIVE LANDSCAPE

HSBC and DBS reward apps

UnionPay gains share

WeChat Pay and Alipay accept foreign credit card operators in 2018

CATEGORY DATA

Debit Cards in Hong Kong, China - Category analysis

Debit Cards in Hong Kong, China - Company Profile

HEADLINES

PROSPECTS

Number of debit cards in circulation continues to rise despite the emergence of digital payments

Debit card transaction volume and value losing ground to other payment methods

COMPETITIVE LANDSCAPE

Influx of tourists and businesses from mainland China serves to boost the share of UnionPay

Bank of China (Hong Kong) lowers onboarding requirements

CATEGORY DATA

Pre-Paid Cards in Hong Kong, China - Category analysis

Pre-Paid Cards in Hong Kong, China - Company Profile

HEADLINES

PROSPECTS

The indispensable open loop pre-paid card

Electronic payments pose a risk to open loop pre-paid cards

COMPETITIVE LANDSCAPE

Octopus competes with other payment instruments

CATEGORY DATA

Store Cards in Hong Kong, China - Category analysis

Store Cards in Hong Kong, China - Company Profile

PROSPECTS

Financial Cards and Payments in Hong Kong, China - Industry Overview

EXECUTIVE SUMMARY

Growing competition from mobile wallets impacting traditional payment methods

Increasing usage but lower transaction value

Rewards a major marketing tool

The race to frictionless payments

UnionPay continues to gain ground

MARKET INDICATORS

MARKET DATA

SOURCES

Why buy this report?

Want to find out more about this report?

Recently Viewed

Complete Catalogue

Country Reports

Recently Viewed