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Credit Cards in South Korea

  • ID: 2511883
  • Report
  • October 2021
  • Region: South Korea
  • 28 Pages
  • Euromonitor International
In 2021, purchases made using credit cards by consumers are set to show a rebound after recording a decline in 2020. Due to economic uncertainty as a result of the pandemic since Q1 2020 and reduced social activities negatively affecting overall consumer confidence, the use of credit cards has slowed to a great extent.

The publisher's Credit Card Transactions in South Korea 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.
Note: Product cover images may vary from those shown

KEY DATA FINDINGS
2021 DEVELOPMENTS
  • Recovery of consumer spending supports the growth of personal credit card transactions
  • Commercial credit cards continues growth momentum
  • Shinhan Card retains leading position in personal credit cards

PROSPECTS AND OPPORTUNITIES
  • Foreign e-commerce shopping to offer further opportunities
  • Digital banks to strengthen presence in credit cards
  • Fandom marketing emerges in credit cards as players target millennials and Generation Z

CATEGORY DATA
  • Table 1 Credit Cards: Number of Cards in Circulation 2016-2021
  • Table 2 Credit Cards Transactions 2016-2021
  • Table 3 Credit Cards in Circulation: % Growth 2016-2021
  • Table 4 Credit Cards Transactions: % Growth 2016-2021
  • Table 5 Commercial Credit Cards: Number of Cards in Circulation 2016-2021
  • Table 6 Commercial Credit Cards Transactions 2016-2021
  • Table 7 Commercial Credit Cards in Circulation: % Growth 2016-2021
  • Table 8 Commercial Credit Cards Transactions: % Growth 2016-2021
  • Table 9 Personal Credit Cards: Number of Cards in Circulation 2016-2021
  • Table 10 Personal Credit Cards Transactions 2016-2021
  • Table 11 Personal Credit Cards in Circulation: % Growth 2016-2021
  • Table 12 Personal Credit Cards Transactions: % Growth 2016-2021
  • Table 13 Credit Cards: Number of Cards by Issuer 2016-2020
  • Table 14 Credit Cards: Number of Cards by Operator 2016-2020
  • Table 15 Credit Cards Payment Transaction Value by Issuer 2016-2020
  • Table 16 Credit Cards Payment Transaction Value by Operator 2016-2020
  • Table 17 Commercial Credit Cards: Number of Cards by Issuer 2016-2020
  • Table 18 Commercial Credit Cards: Number of Cards by Operator 2016-2020
  • Table 19 Commercial Credit Cards Payment Transaction Value by Issuer 2016-2020
  • Table 20 Commercial Credit Cards Payment Transaction Value by Operator 2016-2020
  • Table 21 Personal Credit Cards: Number of Cards by Issuer 2016-2020
  • Table 22 Personal Credit Cards: Number of Cards by Operator 2016-2020
  • Table 23 Personal Credit Cards Payment Transaction Value by Issuer 2016-2020
  • Table 24 Personal Credit Cards Payment Transaction Value by Operator 2016-2020
  • Table 25 Forecast Credit Cards: Number of Cards in Circulation 2021-2026
  • Table 26 Forecast Credit Cards Transactions 2021-2026
  • Table 27 Forecast Credit Cards in Circulation: % Growth 2021-2026
  • Table 28 Forecast Credit Cards Transactions: % Growth 2021-2026
  • Table 29 Forecast Commercial Credit Cards: Number of Cards in Circulation 2021-2026
  • Table 30 Forecast Commercial Credit Cards Transactions 2021-2026
  • Table 31 Forecast Commercial Credit Cards in Circulation: % Growth 2021-2026
  • Table 32 Forecast Commercial Credit Cards Transactions: % Growth 2021-2026
  • Table 33 Forecast Personal Credit Cards: Number of Cards in Circulation 2021-2026
  • Table 34 Forecast Personal Credit Cards Transactions 2021-2026
  • Table 35 Forecast Personal Credit Cards in Circulation: % Growth 2021-2026
  • Table 36 Forecast Personal Credit Cards Transactions: % Growth 2021-2026

FINANCIAL CARDS AND PAYMENTS IN SOUTH KOREA
EXECUTIVE SUMMARY
  • Financial cards and payments in 2021: The big picture
  • Digital banks and tier-2 banks gain presence within personal financial cards
  • Consumer spending sees recovery as exports in manufacturing rebound
  • Product launches targeting teenagers increase
  • Bright outlook for digital payments within consumer payment transactions
  • What next for financial cards and payments?

MARKET INDICATORS
  • Table 37 Number of POS Terminals: Units 2016-2021
  • Table 38 Number of ATMs: Units 2016-2021
  • Table 39 Value Lost to Fraud 2016-2021
  • Table 40 Card Expenditure by Location 2021
  • Table 41 Financial Cards in Circulation by Type: % Number of Cards 2016-2021
  • Table 42 Domestic versus Foreign Spend 2021

MARKET DATA
  • Table 43 Financial Cards by Category: Number of Cards in Circulation 2016-2021
  • Table 44 Financial Cards by Category: Number of Accounts 2016-2021
  • Table 45 Financial Cards Transactions by Category: Value 2016-2021
  • Table 46 Financial Cards by Category: Number of Transactions 2016-2021
  • Table 47 Consumer Payments by Category: Value 2016-2021
  • Table 48 Consumer Payments by Category: Number of Transactions 2016-2021
  • Table 49 M-Commerce by Category: Value 2016-2021
  • Table 50 M-Commerce by Category: % Value Growth 2016-2021
  • Table 51 Financial Cards: Number of Cards by Issuer 2016-2020
  • Table 52 Financial Cards: Number of Cards by Operator 2016-2020
  • Table 53 Financial Cards: Card Payment Transactions Value by Operator 2016-2020
  • Table 54 Financial Cards: Card Payment Transactions Value by Issuer 2016-2020
  • Table 55 Forecast Financial Cards by Category: Number of Cards in Circulation 2021-2026
  • Table 56 Forecast Financial Cards by Category: Number of Accounts 2021-2026
  • Table 57 Forecast Financial Cards Transactions by Category: Value 2021-2026
  • Table 58 Forecast Financial Cards by Category: Number of Transactions 2021-2026
  • Table 59 Forecast Consumer Payments by Category: Value 2021-2026
  • Table 60 Forecast Consumer Payments by Category: Number of Transactions 2021-2026
  • Table 61 Forecast M-Commerce by Category: Value 2021-2026
  • Table 62 Forecast M-Commerce by Category: % Value Growth 2021-2026

DISCLAIMER
SOURCES
  • Summary 1 Research Sources
Note: Product cover images may vary from those shown