-
Euromonitor International
-
-
Store
WHAT'S NEWIntroducing enhanced country reports featuring interactive datagraphics, charts and analysis.Learn More
- Countries
- Industries
- Companies
- Economies
- Consumers
- Australia
- Brazil
- Canada
- China
- Colombia
- Denmark
- Egypt
- France
- Germany
- Hong Kong
- India
- Indonesia
- Ireland
- Italy
- Japan
- Kenya
- Malaysia
- Mexico
- Netherlands
- Nigeria
- Pakistan
- Peru
- Philippines
- Poland
- Romania
- Russia
- Saudi Arabia
- Singapore
- South Africa
- South Korea
- Spain
- Switzerland
- Taiwan
- Thailand
- Turkey
- United Arab Emirates
- United Kingdom
- United States
- Vietnam
- Alcoholic Drinks
- Apparel and Footwear
- Automotive
- Beauty and Personal Care
- Consumer Appliances
- Consumer Electronics
- Consumer Finance
- Consumer Foodservice
- Consumer Health
- Eyewear
- Fresh Food
- Health and Wellness
- Home and Garden
- Home Care
- Hot Drinks
- Industrial/Commercial
- Ingredients
- Luxury Goods
- Nutrition
- Packaged Food
- Packaging
- Personal Accessories
- Pet Care
- Retailing
- Soft Drinks
- Sports
- Tissue and Hygiene
- Tobacco
- Toys and Games
- Travel
- American Express Co
- Amway Corp
- Apple Inc
- Asahi Group Holdings Ltd
- Avon Products Inc
- Beiersdorf AG
- Bristol-Myers Squibb Co
- Campari Milano SpA, Davide
- Coach Inc
- Coca-Cola Co, The
- Colgate-Palmolive Co
- Danone, Groupe
- Gap Inc, The
- H&M Hennes and Mauritz AB
- Henkel AG & Co KGaA
- Herbalife Ltd
- Inditex, Industria de Diseño Textil SA
- Inter Ikea Systems BV
- Johnson & Johnson Inc
- Kao Corp
- Kraft Foods Inc
- LG Corp
- LVMH Moët Hennessy Louis Vuitton SA
- Mars Inc
- Mondelez International Inc
- Natura Cosméticos SA
- Nestlé SA
- Nu Skin Enterprises Inc
- PepsiCo Inc
- Procter & Gamble Co, The
- Reckitt Benckiser Group Plc (RB)
- Royal FrieslandCampina NV
- Samsung Corp
- Sara Lee Corp
- Seven & I Holdings Co Ltd
- Sharp Corp
- Sony Corp
- Toyo Seikan Group Holdings, Ltd
- Unilever Group
Megatrends
The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
Learn more
Euromonitor addresses your unique questions and challenges across all B2B and B2C industries and geographies through custom, tailor-made research projects, designed to your specific goals.
Learn more - Solutions
- Capabilities
- Blog
- About Us
-
Store
Strategy Briefing
The Impact of Online Retail in Asia Pacific on Financial Services and Consumer Payments
18 pages, May 2018
US$1,325Added to Cart
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!
About This Report
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!
The conversion of online retailing from store-based retailing has impacted financial services and the way consumers pay across the world. In emerging markets the transition has been fastest in Asia Pacific, and allowed non-bank competitors into the competitive landscape for financial products and services. Ant Financial in China and Paytm in India are two examples that have benefited from the shift in retail, and will be discussed in this brief.
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.
Mobile phones are a tremendous tool for consumer engagement.
The transition of retailing online has affected a variety of industries including the financial service space and consumer payments. Traditional mainstream financial institutions must now catch up to alternatives that have entered the market to address consumer segments that were previously overlooked.
In markets where financial institutions have been slower to embrace the shifting retail format, companies have stepped in to offer digital payment platforms to connect consumers to a global marketplace.
Cutting edge is not as important as usability. Simplicity is key.
Additional value can be faster transaction, more secure transaction, or additional rewards. Mobile devices have reduced the cost of offering financial services and driven the transition of retail online in emerging markets. Mobile devices are able to bypass payment infrastructure gaps and allowed many non-traditional payment players in the payment landscape.
Consumers need to be convinced that a new solution adds value.
While mainstream financial institutions may retain the trust of consumers, their necessity in a digital landscape is being challenged by alternatives, and consumers have shown they are willing to try alternatives.
Innovations in Asia Pacific illustrate the importance of online banking and payment platforms being flexible and adaptable to different conditions. There are various factors to consider understanding why consumers may not utilise financial services in a given market.
Want to find out more about this report?
Request more informationTable of Contents
Introduction
Scope
Financial Services in Emerging Markets
Financial services and consumer payments
Hurdles to financial service adoption in emerging markets
Addressing traditional hurdles to financial service adoption
Shifting Retail in Asia Pacific
Researched markets in Asia Pacific
State of the banked population
State of consumer payments in Asia Pacific
Regional lending overview
Shifting retail impacting financial services and payments
Case Study: Ant Financial in China
Potential for Ant Financial model in developed markets?
Case Study: PAYTM in India
Conclusion
Key considerations for broadening financial service adoption
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.
Want to find out more about this report?
Request more informationComplete Catalogue
Strategy Reports
- Impact of India's Demonetisation Policy on Digital Payments Uptake One Year Later | Mar 2018
- New Emerging Markets: Nigeria, Indonesia, Mexico, The Philippines and Turkey | Jan 2015
- The Haves and Have Nots: The Impact of the Widening Gap Between Rich and Poor | Nov 2011
- The Pursuit of Pink Money: Gay and Lesbian Spending Patterns | Feb 2010
Country Reports
- Consumer Lending in Egypt | Oct 2017
Complete Catalogue
Strategy Reports
- Impact of India's Demonetisation Policy on Digital Payments Uptake One Year Later | Mar 2018
- New Emerging Markets: Nigeria, Indonesia, Mexico, The Philippines and Turkey | Jan 2015
- The Haves and Have Nots: The Impact of the Widening Gap Between Rich and Poor | Nov 2011
- The Pursuit of Pink Money: Gay and Lesbian Spending Patterns | Feb 2010
Country Reports
- Consumer Lending in Egypt | Oct 2017