The Taiwanese cards and payments industry demonstrated regular growth over the past few years, with the growth encouraged by a number of factors such as banking infrastructure development and growing awareness of electronic payments. Besides, wider acceptance of payment cards at POS terminals and wider adoption of contactless cards also supported the industry growth.
According to a new report from MarketPublishers.com, the number of cards in circulation showed considerable increase in 2009-2013 and it keeps on growing.
The industry is forecast to continue growing in the years to come at a relatively high rate.
Some of top industry players comprise, among others, Taiwan Cooperative Bank, Bank of Taiwan, Cathay United Bank, etc.
The study analyses market attractiveness and sheds light on future prospects of cards and payments. The research report scrutinizes industry drivers, delves into emerging consumer attitudes and trends. It offers a deep insight into different industry segments, namely payment cards, debit cards, credit cards, commercial cards and prepaid cards.
The study highlights regulations related to the industry and unveils card fraud statistics. It provides information on card issuers and card schemes. The report also forecast future development trends of the industry.
For more data on Taiwan Cards access CardData®. For information and commentary on Taiwan Cardsl visit the searchable CardFlash® Library of more than 58,000 articles published since 1995. RAM Research® forecasts on Taiwan Cards are available exclusively through CardWeb.com.