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Credit Cards in Hong Kong, China

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    Report

  • 29 Pages
  • November 2023
  • Region: China, Hong Kong
  • Euromonitor International
  • ID: 2587174
Since the reopening of borders in the fourth quarter of 2022, there has been a surge in enthusiasm among Hong Kong locals to travel abroad after enduring three years of the pandemic. Residents are now showing a strong and sustained interest in reallocating their spending from daily expenses in Hong Kong towards their outbound travel budget.

The Credit Card Transactions in Hong Kong, China report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage: Commercial Credit Card Transactions, Personal Credit Card Transactions.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Credit Card Transactions market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

CREDIT CARDS IN HONG KONG, CHINAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Overseas consumption thrives as players tailor offers and rewards for travel payments
  • Greater Bay Area integration fosters seamless payment options
  • Buy Now Pay Later struggles as credit cards remain popular payment method
PROSPECTS AND OPPORTUNITIES
  • Convenience of contactless payments to transform consumer habits in credit card usage
  • Targeting affluent segment as players eye potential of Greater Bay Area integration
  • Building brand equity will be key to differentiate from competitors
CATEGORY DATA
  • Table 1 Credit Cards: Number of Cards in Circulation 2018-2023
  • Table 2 Credit Cards Transactions 2018-2023
  • Table 3 Credit Cards in Circulation: % Growth 2018-2023
  • Table 4 Credit Cards Transactions: % Growth 2018-2023
  • Table 5 Commercial Credit Cards: Number of Cards in Circulation 2018-2023
  • Table 6 Commercial Credit Cards Transactions 2018-2023
  • Table 7 Commercial Credit Cards in Circulation: % Growth 2018-2023
  • Table 8 Commercial Credit Cards Transactions: % Growth 2018-2023
  • Table 9 Personal Credit Cards: Number of Cards in Circulation 2018-2023
  • Table 10 Personal Credit Cards Transactions 2018-2023
  • Table 11 Personal Credit Cards in Circulation: % Growth 2018-2023
  • Table 12 Personal Credit Cards Transactions: % Growth 2018-2023
  • Table 13 Credit Cards: Number of Cards by Issuer 2018-2022
  • Table 14 Credit Cards: Number of Cards by Operator 2018-2022
  • Table 15 Credit Cards Payment Transaction Value by Issuer 2018-2022
  • Table 16 Credit Cards Payment Transaction Value by Operator 2018-2022
  • Table 17 Commercial Credit Cards: Number of Cards by Issuer 2018-2022
  • Table 18 Commercial Credit Cards: Number of Cards by Operator 2018-2022
  • Table 19 Commercial Credit Cards Payment Transaction Value by Issuer 2018-2022
  • Table 20 Commercial Credit Cards Payment Transaction Value by Operator 2018-2022
  • Table 21 Personal Credit Cards: Number of Cards by Issuer 2018-2022
  • Table 22 Personal Credit Cards: Number of Cards by Operator 2018-2022
  • Table 23 Personal Credit Cards Payment Transaction Value by Issuer 2018-2022
  • Table 24 Personal Credit Cards Payment Transaction Value by Operator 2018-2022
  • Table 25 Forecast Credit Cards: Number of Cards in Circulation 2023-2028
  • Table 26 Forecast Credit Cards Transactions 2023-2028
  • Table 27 Forecast Credit Cards in Circulation: % Growth 2023-2028
  • Table 28 Forecast Credit Cards Transactions: % Growth 2023-2028
  • Table 29 Forecast Commercial Credit Cards: Number of Cards in Circulation 2023-2028
  • Table 30 Forecast Commercial Credit Cards Transactions 2023-2028
  • Table 31 Forecast Commercial Credit Cards in Circulation: % Growth 2023-2028
  • Table 32 Forecast Commercial Credit Cards Transactions: % Growth 2023-2028
  • Table 33 Forecast Personal Credit Cards: Number of Cards in Circulation 2023-2028
  • Table 34 Forecast Personal Credit Cards Transactions 2023-2028
  • Table 35 Forecast Personal Credit Cards in Circulation: % Growth 2023-2028
  • Table 36 Forecast Personal Credit Cards Transactions: % Growth 2023-2028
FINANCIAL CARDS AND PAYMENTS IN HONG KONG, CHINA
EXECUTIVE SUMMARY
  • Financial cards and payments in 2023: The big picture
  • 2023 key trends
  • Greater Bay Area integration facilitates cross-border payment options
  • Competitive landscape
  • What next for financial cards and payments?
MARKET INDICATORS
  • Table 37 Number of POS Terminals: Units 2018-2023
  • Table 38 Number of ATMs: Units 2018-2023
  • Table 39 Value Lost to Fraud 2018-2023
  • Table 40 Card Expenditure by Location 2023
  • Table 41 Financial Cards in Circulation by Type: % Number of Cards 2018-2023
  • Table 42 Domestic versus Foreign Spend 2023
MARKET DATA
  • Table 43 Financial Cards by Category: Number of Cards in Circulation 2018-2023
  • Table 44 Financial Cards by Category: Number of Accounts 2018-2023
  • Table 45 Financial Cards Transactions by Category: Value 2018-2023
  • Table 46 Financial Cards by Category: Number of Transactions 2018-2023
  • Table 47 Consumer Payments by Category: Value 2018-2023
  • Table 48 Consumer Payments by Category: Number of Transactions 2018-2023
  • Table 49 M-Commerce by Category: Value 2018-2023
  • Table 50 M-Commerce by Category: % Value Growth 2018-2023
  • Table 51 Financial Cards: Number of Cards by Issuer 2018-2022
  • Table 52 Financial Cards: Number of Cards by Operator 2018-2022
  • Table 53 Financial Cards: Card Payment Transactions Value by Operator 2018-2022
  • Table 54 Financial Cards: Card Payment Transactions Value by Issuer 2018-2022
  • Table 55 Forecast Financial Cards by Category: Number of Cards in Circulation 2023-2028
  • Table 56 Forecast Financial Cards by Category: Number of Accounts 2023-2028
  • Table 57 Forecast Financial Cards Transactions by Category: Value 2023-2028
  • Table 58 Forecast Financial Cards by Category: Number of Transactions 2023-2028
  • Table 59 Forecast Consumer Payments by Category: Value 2023-2028
  • Table 60 Forecast Consumer Payments by Category: Number of Transactions 2023-2028
  • Table 61 Forecast M-Commerce by Category: Value 2023-2028
  • Table 62 Forecast M-Commerce by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources