Financial cards will record growth across both value and volume transactions as well as number of accounts and cards in circulation in 2022. This is largely thanks to the country’s emergence from the COVID-19 pandemic and the return to pre-pandemic lives and shopping habits. Many people are keen to indulge and enjoy the experiences they missed out in the last couple of years, including travelling, dining-out, and seeking out-of-home entertainment.
The publisher's Financial Cards and Payments in Thailand 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: Financial Cards in Circulation, M-Commerce, Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
The publisher's Financial Cards and Payments in Thailand 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: Financial Cards in Circulation, M-Commerce, 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 Financial Cards and Payments 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
FINANCIAL CARDS AND PAYMENTS IN THAILANDEXECUTIVE SUMMARY
- Financial cards and payments in 2022: The big picture
- 2022 key trends
- Attractive promotions used by issuers to attract consumers and tap into high demand
- Shift towards e-commerce to spur growth across the financial cards industry
- What next for financial cards and payments?
- Table 1 Number of POS Terminals: Units 2017-2022
- Table 2 Number of ATMs: Units 2017-2022
- Table 3 Value Lost to Fraud 2017-2022
- Table 4 Card Expenditure by Location 2022
- Table 5 Financial Cards in Circulation by Type: % Number of Cards 2017-2022
- Table 6 Domestic versus Foreign Spend 2022
- Table 7 Financial Cards by Category: Number of Cards in Circulation 2017-2022
- Table 8 Financial Cards by Category: Number of Accounts 2017-2022
- Table 9 Financial Cards Transactions by Category: Value 2017-2022
- Table 10 Financial Cards by Category: Number of Transactions 2017-2022
- Table 11 Commerical Payments by Category: Value 2017-2022
- Table 12 Commercial Payments by Category: Number of Transactions 2017-2022
- Table 13 Personal Payments by Category: Value 2017-2022
- Table 14 Personal Payments by Category: Number of Transactions 2017-2022
- Table 15 M-Commerce by Category: Value 2017-2022
- Table 16 M-Commerce by Category: % Value Growth 2017-2022
- Table 17 Financial Cards: Number of Cards by Issuer 2017-2021
- Table 18 Financial Cards: Number of Cards by Operator 2017-2021
- Table 19 Financial Cards: Card Payment Transactions Value by Operator 2017-2021
- Table 20 Financial Cards: Card Payment Transactions Value by Issuer 2017-2021
- Table 21 Forecast Financial Cards by Category: Number of Cards in Circulation 2022-2027
- Table 22 Forecast Financial Cards by Category: Number of Accounts 2022-2027
- Table 23 Forecast Financial Cards Transactions by Category: Value 2022-2027
- Table 24 Forecast Financial Cards by Category: Number of Transactions 2022-2027
- Table 25 Forecast Commercial Payments by Category: Value 2022-2027
- Table 26 Forecast Commercial Payments by Category: Number of Transactions 2022-2027
- Table 27 Forecast Personal Payments by Category: Value 2022-2027
- Table 28 Forecast Personal Payments by Category: Number of Transactions 2022-2027
- Table 29 Forecast M-Commerce by Category: Value 2022-2027
- Table 30 Forecast M-Commerce by Category: % Value Growth 2022-2027
SOURCES
- Summary 1 Research Sources
- DEBIT CARDS IN THAILAND
KEY DATA FINDINGS
2022 DEVELOPMENTS
- Relaxation of COVID-19 measures increases debit card usage and transaction value
- Key players turn to strong marketing campaigns and e-commerce to bolster demand
- Transition into cashless society as younger consumers become more of a focus for debit card issuers
- Debit cards transaction volumes to increase thanks to attraction of non-cash payment methods and government encouragement
- Impending recovery of international travel industry is set to bolster growth
- Shift towards e-commerce and remote digital payments set to continue
- Table 31 Debit Cards: Number of Cards in Circulation 2017-2022
- Table 32 Debit Cards Transactions 2017-2022
- Table 33 Debit Cards in Circulation: % Growth 2017-2022
- Table 34 Debit Cards Transactions: % Growth 2017-2022
- Table 35 Debit Cards: Number of Cards by Issuer 2017-2021
- Table 36 Debit Cards: Number of Cards by Operator 2017-2021
- Table 37 Debit Cards Payment Transaction Value by Issuer 2017-2021
- Table 38 Debit Cards Payment Transaction Value by Operator 2017-2021
- Table 39 Forecast Debit Cards: Number of Cards in Circulation 2022-2027
- Table 40 Forecast Debit Cards Transactions 2022-2027
- Table 41 Forecast Debit Cards in Circulation: % Growth 2022-2027
- Table 42 Forecast Debit Cards Transactions: % Growth 2022-2027
KEY DATA FINDINGS
2022 DEVELOPMENTS
- Transaction values start to recover as Thailand emerges from COVID-19 measures
- Despite less stringent regulations and more relaxed lending criteria, banks reject a high rate of credit card applications fearing NPLs
- Competitors launch promotional campaigns and partner with retail players to offer customers more benefits
- Promotions likely to be used to urge consumers to use credit cards more often
- Lifting of COVID-19 restrictions and shift towards cashless society will bolster credit card usage
- No shift from increment repayments to revolving credit expected in issuer communication strategies
- Table 43 Credit Cards: Number of Cards in Circulation 2017-2022
- Table 44 Credit Cards Transactions 2017-2022
- Table 45 Credit Cards in Circulation: % Growth 2017-2022
- Table 46 Credit Cards Transactions: % Growth 2017-2022
- Table 47 Commercial Credit Cards: Number of Cards in Circulation 2017-2022
- Table 48 Commercial Credit Cards Transactions 2017-2022
- Table 49 Commercial Credit Cards in Circulation: % Growth 2017-2022
- Table 50 Commercial Credit Cards Transactions: % Growth 2017-2022
- Table 51 Personal Credit Cards: Number of Cards in Circulation 2017-2022
- Table 52 Personal Credit Cards Transactions 2017-2022
- Table 53 Personal Credit Cards in Circulation: % Growth 2017-2022
- Table 54 Personal Credit Cards Transactions: % Growth 2017-2022
- Table 55 Credit Cards: Number of Cards by Issuer 2017-2021
- Table 56 Credit Cards: Number of Cards by Operator 2017-2021
- Table 57 Credit Cards Payment Transaction Value by Issuer 2017-2021
- Table 58 Credit Cards Payment Transaction Value by Operator 2017-2021
- Table 59 Commercial Credit Cards: Number of Cards by Issuer 2017-2021
- Table 60 Commercial Credit Cards: Number of Cards by Operator 2017-2021
- Table 61 Commercial Credit Cards Payment Transaction Value by Issuer 2017-2021
- Table 62 Commercial Credit Cards Payment Transaction Value by Operator 2017-2021
- Table 63 Personal Credit Cards: Number of Cards by Issuer 2017-2021
- Table 64 Personal Credit Cards: Number of Cards by Operator 2017-2021
- Table 65 Personal Credit Cards Payment Transaction Value by Issuer 2017-2021
- Table 66 Personal Credit Cards Payment Transaction Value by Operator 2017-2021
- Table 67 Forecast Credit Cards: Number of Cards in Circulation 2022-2027
- Table 68 Forecast Credit Cards Transactions 2022-2027
- Table 69 Forecast Credit Cards in Circulation: % Growth 2022-2027
- Table 70 Forecast Credit Cards Transactions: % Growth 2022-2027
- Table 71 Forecast Commercial Credit Cards: Number of Cards in Circulation 2022-2027
- Table 72 Forecast Commercial Credit Cards Transactions 2022-2027
- Table 73 Forecast Commercial Credit Cards in Circulation: % Growth 2022-2027
- Table 74 Forecast Commercial Credit Cards Transactions: % Growth 2022-2027
- Table 75 Forecast Personal Credit Cards: Number of Cards in Circulation 2022-2027
- Table 76 Forecast Personal Credit Cards Transactions 2022-2027
- Table 77 Forecast Personal Credit Cards in Circulation: % Growth 2022-2027
- Table 78 Forecast Personal Credit Cards Transactions: % Growth 2022-2027
- CHARGE CARDS IN THAILAND
KEY DATA FINDINGS
2022 DEVELOPMENTS
- Little change for charge cards niche thanks to affluent consumer base
- American Express launches promotions to emphasise premium image
- American Express expands audience by tapping into rising demand for foodservice delivery and discounting annual fees
- COVID-19-recovery to lead to purchases of big-ticket items via charge cards
- Charge card transactions expected to remain under some pressure, leading to focus on travel and tourism benefits
- Improved accessibility and usage thanks to collaboration with Bangkok Bank
- Table 79 Charge Cards: Number of Cards in Circulation 2017-2022
- Table 80 Charge Cards Transactions 2017-2022
- Table 81 Charge Cards in Circulation: % Growth 2017-2022
- Table 82 Charge Cards Transactions: % Growth 2017-2022
- Table 83 Commercial Charge Cards: Number of Cards in Circulation 2017-2022
- Table 84 Commercial Charge Cards Transactions 2017-2022
- Table 85 Commercial Charge Cards in Circulation: % Growth 2017-2022
- Table 86 Commercial Charge Cards Transactions: % Growth 2017-2022
- Table 87 Personal Charge Cards: Number of Cards in Circulation 2017-2022
- Table 88 Personal Charge Cards Transactions 2017-2022
- Table 89 Personal Charge Cards in Circulation: % Growth 2017-2022
- Table 90 Personal Charge Cards Transactions: % Growth 2017-2022
- Table 91 Charge Cards: Number of Cards by Issuer 2017-2021
- Table 92 Charge Cards: Number of Cards by Operator 2017-2021
- Table 93 Charge Cards Payment Transaction Value by Issuer 2017-2021
- Table 94 Charge Cards Payment Transaction Value by Operator 2017-2021
- Table 95 Commercial Charge Cards: Number of Cards by Issuer 2017-2021
- Table 96 Commercial Charge Cards: Number of Cards by Operator 2017-2021
- Table 97 Commercial Charge Cards Payment Transaction Value by Issuer 2017-2021
- Table 98 Commercial Charge Cards Payment Transaction Value by Operator 2017-2021
- Table 99 Personal Charge Cards: Number of Cards by Issuer 2017-2021
- Table 100 Personal Charge Cards: Number of Cards by Operator 2017-2021
- Table 101 Personal Charge Cards Transaction Value by Issuer 2017-2021
- Table 102 Personal Charge Cards Transaction Value by Operator 2017-2021
- Table 103 Forecast Charge Cards: Number of Cards in Circulation 2022-2027
- Table 104 Forecast Charge Cards Transactions 2022-2027
- Table 105 Forecast Charge Cards in Circulation: % Growth 2022-2027
- Table 106 Forecast Charge Cards Transactions: % Growth 2022-2027
- Table 107 Forecast Commercial Charge Cards: Number of Cards in Circulation 2022-2027
- Table 108 Forecast Commercial Charge Cards Transactions 2022-2027
- Table 109 Forecast Commercial Charge Cards in Circulation: % Growth 2022-2027
- Table 110 Forecast Commercial Charge Cards Transactions: % Growth 2022-2027
- Table 111 Forecast Personal Charge Cards: Number of Cards in Circulation 2022-2027
- Table 112 Forecast Personal Charge Cards Transactions 2022-2027
- Table 113 Forecast Personal Charge Cards in Circulation: % Growth 2022-2027
- Table 114 Forecast Personal Charge Cards Transactions: % Growth 2022-2027
KEY DATA FINDINGS
2022 DEVELOPMENTS
- Lifting of lockdown measures significantly boosts pre-paid cards usage
- Transference of pre-paid cards to e-wallets supports category use
- Limited demand amongst Thai consumers hits open loop pre-paid cards
- Total reopening of society after COVID-19 will boost demand for pre-paid cards
- Increased online accessibility boosts convenience to benefit category usage
- Increasing number of non-cash stores in consumer foodservice industry presents growth opportunities
- Table 115 Pre-paid Cards: Number of Cards in Circulation 2017-2022
- Table 116 Pre-paid Cards Transactions 2017-2022
- Table 117 Pre-paid Cards in Circulation: % Growth 2017-2022
- Table 118 Pre-paid Cards Transactions: % Growth 2017-2022
- Table 119 Closed Loop Pre-paid Cards Transactions 2017-2022
- Table 120 Closed Loop Pre-paid Cards Transactions: % Growth 2017-2022
- Table 121 Open Loop Pre-paid Cards Transactions 2017-2022
- Table 122 Open Loop Pre-paid Cards Transactions: % Growth 2017-2022
- Table 123 Pre-paid Cards: Number of Cards by Issuer 2017-2021
- Table 124 Pre-paid Cards: Number of Cards by Operator 2017-2021
- Table 125 Pre-paid Cards Transaction Value by Issuer 2017-2021
- Table 126 Pre-paid Cards Transaction Value by Operator 2017-2021
- Table 127 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2017-2021
- Table 128 Closed Loop Pre-paid Cards: Number of Cards by Operator 2017-2021
- Table 129 Closed Loop Pre-paid Cards Transaction Value by Issuer 2017-2021
- Table 130 Closed Loop Pre-paid Cards Transaction Value by Operator 2017-2021
- Table 131 Open Loop Pre-paid Cards: Number of Cards by Issuer 2017-2021
- Table 132 Open Loop Pre-paid Cards: Number of Cards by Operator 2017-2021
- Table 133 Open Loop Pre-paid Cards Transaction Value by Issuer 2017-2021
- Table 134 Open Loop Pre-paid Cards Transaction Value by Operator 2017-2021
- Table 135 Forecast Pre-paid Cards: Number of Cards in Circulation 2022-2027
- Table 136 Forecast Pre-paid Cards Transactions 2022-2027
- Table 137 Forecast Pre-paid Cards in Circulation: % Growth 2022-2027
- Table 138 Forecast Pre-paid Cards Transactions: % Growth 2022-2027
- Table 139 Forecast Closed Loop Pre-paid Cards Transactions 2022-2027
- Table 140 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2022-2027
- Table 141 Forecast Open Loop Pre-paid Cards Transactions 2022-2027
- Table 142 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2022-2027
- STORE CARDS IN THAILAND
KEY DATA FINDINGS
2022 DEVELOPMENTS
- Store card benefits strengthen performance with issuers launching more offers
- Launch of UChoose app offers convenience, facilitating the use of store cards
- Revised regulations on pay-later cards eases burden on store card borrowers
- Store cards expected to see little growth as retailers prefer other types of cards
- Technological innovation set to encourage consumers to use store cards more often
- A wider range of bonuses and discounts set to attract consumers to store cards
- Table 143 Store Cards: Number of Cards in Circulation 2017-2022
- Table 144 Store Cards Transactions 2017-2022
- Table 145 Store Cards in Circulation: % Growth 2017-2022
- Table 146 Store Cards Transactions: % Growth 2017-2022
- Table 147 Store Cards: Number of Cards by Issuer 2017-2021
- Table 148 Store Cards: Payment Transaction Value by Issuer 2017-2021
- Table 149 Forecast Store Cards: Number of Cards in Circulation 2022-2027
- Table 150 Forecast Store Cards Transactions 2022-2027
- Table 151 Forecast Store Cards in Circulation: % Growth 2022-2027
- Table 152 Forecast Store Cards Transactions: % Growth 2022-2027
