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Financial Cards and Payments in China

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    Report

  • 42 Pages
  • November 2023
  • Region: China
  • Euromonitor International
  • ID: 2734955
Financial cards and payments in China is set to see a rebound in 2023, following the lifting of COVID-19 restrictions. Consumers have taken the reopening of society as an opportunity to increase their discretionary spending, particularly in the areas of travel, foodservice, and retail. Debit cards is the most popular type of card payment in China, as the majority of consumers remain sceptical about the prospect of having a credit card or pre-paid card.

The Financial Cards and Payments in 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: Financial Cards in Circulation, Mobile Payments, 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 CHINA
EXECUTIVE SUMMARY
  • Financial cards and payments in 2023: The big picture
  • 2023 key trends
  • Customer retention replaces customer acquisition as a priority
  • Competitive landscape
  • What next for financial cards and payments?
MARKET INDICATORS
  • Table 1 Number of POS Terminals: Units 2018-2023
  • Table 2 Number of ATMs: Units 2018-2023
  • Table 3 Value Lost to Fraud 2018-2023
  • Table 4 Card Expenditure by Location 2023
  • Table 5 Financial Cards in Circulation by Type: % Number of Cards 2018-2023
  • Table 6 Domestic versus Foreign Spend 2023
MARKET DATA
  • Table 7 Financial Cards by Category: Number of Cards in Circulation 2018-2023
  • Table 8 Financial Cards by Category: Number of Accounts 2018-2023
  • Table 9 Financial Cards Transactions by Category: Value 2018-2023
  • Table 10 Financial Cards by Category: Number of Transactions 2018-2023
  • Table 11 Consumer Payments by Category: Value 2018-2023
  • Table 12 Consumer Payments by Category: Number of Transactions 2018-2023
  • Table 13 M-Commerce by Category: Value 2018-2023
  • Table 14 M-Commerce by Category: % Value Growth 2018-2023
  • Table 15 Financial Cards: Number of Cards by Issuer 2018-2022
  • Table 16 Financial Cards: Number of Cards by Operator 2018-2022
  • Table 17 Financial Cards: Card Payment Transactions Value by Operator 2018-2022
  • Table 18 Financial Cards: Card Payment Transactions Value by Issuer 2018-2022
  • Table 19 Forecast Financial Cards by Category: Number of Cards in Circulation 2023-2028
  • Table 20 Forecast Financial Cards by Category: Number of Accounts 2023-2028
  • Table 21 Forecast Financial Cards Transactions by Category: Value 2023-2028
  • Table 22 Forecast Financial Cards by Category: Number of Transactions 2023-2028
  • Table 23 Forecast Consumer Payments by Category: Value 2023-2028
  • Table 24 Forecast Consumer Payments by Category: Number of Transactions 2023-2028
  • Table 25 Forecast M-Commerce by Category: Value 2023-2028
  • Table 26 Forecast M-Commerce by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources
DEBIT CARDS IN CHINAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Positive performance for debit cards as pandemic eases
  • Combining card functions gains popularity
  • Debit cards remains consolidated, yet smaller banks are catching up
PROSPECTS AND OPPORTUNITIES
  • Debit cards set to see moderate growth
  • Limited product development expected in debit cards
CATEGORY DATA
  • Table 27 Debit Cards: Number of Cards in Circulation 2018-2023
  • Table 28 Debit Cards Transactions 2018-2023
  • Table 29 Debit Cards in Circulation: % Growth 2018-2023
  • Table 30 Debit Cards Transactions: % Growth 2018-2023
  • Table 31 Debit Cards: Number of Cards by Issuer 2018-2022
  • Table 32 Debit Cards: Number of Cards by Operator 2018-2022
  • Table 33 Debit Cards Payment Transaction Value by Issuer 2018-2022
  • Table 34 Debit Cards Payment Transaction Value by Operator 2018-2022
  • Table 35 Forecast Debit Cards: Number of Cards in Circulation 2023-2028
  • Table 36 Forecast Debit Cards Transactions 2023-2028
  • Table 37 Forecast Debit Cards in Circulation: % Growth 2023-2028
  • Table 38 Forecast Debit Cards Transactions: % Growth 2023-2028
CREDIT CARDS IN CHINAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Credit card spending rebounds as COVID-19 restrictions end
  • Commercial credit cards remains a niche
  • Increasing regulation reduces “sleep cards” in circulation
PROSPECTS AND OPPORTUNITIES
  • Credit card fraud expected to decrease
  • Credit card spending set to see slowing growth moving forward
CATEGORY DATA
  • Table 39 Credit Cards: Number of Cards in Circulation 2018-2023
  • Table 40 Credit Cards Transactions 2018-2023
  • Table 41 Credit Cards in Circulation: % Growth 2018-2023
  • Table 42 Credit Cards Transactions: % Growth 2018-2023
  • Table 43 Commercial Credit Cards: Number of Cards in Circulation 2018-2023
  • Table 44 Commercial Credit Cards Transactions 2018-2023
  • Table 45 Commercial Credit Cards in Circulation: % Growth 2018-2023
  • Table 46 Commercial Credit Cards Transactions: % Growth 2018-2023
  • Table 47 Personal Credit Cards: Number of Cards in Circulation 2018-2023
  • Table 48 Personal Credit Cards Transactions 2018-2023
  • Table 49 Personal Credit Cards in Circulation: % Growth 2018-2023
  • Table 50 Personal Credit Cards Transactions: % Growth 2018-2023
  • Table 51 Credit Cards: Number of Cards by Issuer 2018-2022
  • Table 52 Credit Cards: Number of Cards by Operator 2018-2022
  • Table 53 Credit Cards Payment Transaction Value by Issuer 2018-2022
  • Table 54 Credit Cards Payment Transaction Value by Operator 2018-2022
  • Table 55 Commercial Credit Cards: Number of Cards by Issuer 2018-2022
  • Table 56 Commercial Credit Cards: Number of Cards by Operator 2018-2022
  • Table 57 Commercial Credit Cards Payment Transaction Value by Issuer 2018-2022
  • Table 58 Commercial Credit Cards Payment Transaction Value by Operator 2018-2022
  • Table 59 Personal Credit Cards: Number of Cards by Issuer 2018-2022
  • Table 60 Personal Credit Cards: Number of Cards by Operator 2018-2022
  • Table 61 Personal Credit Cards Payment Transaction Value by Issuer 2018-2022
  • Table 62 Personal Credit Cards Payment Transaction Value by Operator 2018-2022
  • Table 63 Forecast Credit Cards: Number of Cards in Circulation 2023-2028
  • Table 64 Forecast Credit Cards Transactions 2023-2028
  • Table 65 Forecast Credit Cards in Circulation: % Growth 2023-2028
  • Table 66 Forecast Credit Cards Transactions: % Growth 2023-2028
  • Table 67 Forecast Commercial Credit Cards: Number of Cards in Circulation 2023-2028
  • Table 68 Forecast Commercial Credit Cards Transactions 2023-2028
  • Table 69 Forecast Commercial Credit Cards in Circulation: % Growth 2023-2028
  • Table 70 Forecast Commercial Credit Cards Transactions: % Growth 2023-2028
  • Table 71 Forecast Personal Credit Cards: Number of Cards in Circulation 2023-2028
  • Table 72 Forecast Personal Credit Cards Transactions 2023-2028
  • Table 73 Forecast Personal Credit Cards in Circulation: % Growth 2023-2028
  • Table 74 Forecast Personal Credit Cards Transactions: % Growth 2023-2028
PRE-PAID CARDS IN CHINAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Players exit the pre-paid cards landscape
  • China T-union network further expands
PROSPECTS AND OPPORTUNITIES
  • Demand for pre-paid cards set to decrease
  • Personalisation set to boost revenue for players
CATEGORY DATA
  • Table 75 Pre-paid Cards: Number of Cards in Circulation 2018-2023
  • Table 76 Pre-paid Cards Transactions 2018-2023
  • Table 77 Pre-paid Cards in Circulation: % Growth 2018-2023
  • Table 78 Pre-paid Cards Transactions: % Growth 2018-2023
  • Table 79 Closed Loop Pre-paid Cards Transactions 2018-2023
  • Table 80 Closed Loop Pre-paid Cards Transactions: % Growth 2018-2023
  • Table 81 Open Loop Pre-paid Cards Transactions 2018-2023
  • Table 82 Open Loop Pre-paid Cards Transactions: % Growth 2018-2023
  • Table 83 Pre-paid Cards: Number of Cards by Issuer 2018-2022
  • Table 84 Pre-paid Cards: Number of Cards by Operator 2018-2022
  • Table 85 Pre-paid Cards Transaction Value by Issuer 2018-2022
  • Table 86 Pre-paid Cards Transaction Value by Operator 2018-2022
  • Table 87 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2018-2022
  • Table 88 Closed Loop Pre-paid Cards: Number of Cards by Operator 2018-2022
  • Table 89 Closed Loop Pre-paid Cards Transaction Value by Issuer 2018-2022
  • Table 90 Closed Loop Pre-paid Cards Transaction Value by Operator 2018-2022
  • Table 91 Open Loop Pre-paid Cards: Number of Cards by Issuer 2018-2022
  • Table 92 Open Loop Pre-paid Cards: Number of Cards by Operator 2018-2022
  • Table 93 Open Loop Pre-paid Cards Transaction Value by Issuer 2018-2022
  • Table 94 Open Loop Pre-paid Cards Transaction Value by Operator 2018-2022
  • Table 95 Forecast Pre-paid Cards: Number of Cards in Circulation 2023-2028
  • Table 96 Forecast Pre-paid Cards Transactions 2023-2028
  • Table 97 Forecast Pre-paid Cards in Circulation: % Growth 2023-2028
  • Table 98 Forecast Pre-paid Cards Transactions: % Growth 2023-2028
  • Table 99 Forecast Closed Loop Pre-paid Cards Transactions 2023-2028
  • Table 100 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2023-2028
  • Table 101 Forecast Open Loop Pre-paid Cards Transactions 2023-2028
  • Table 102 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2023-2028