SlideShare a Scribd company logo
1 of 4
Download to read offline
Emerging Opportunities in Bahrains Cards and Payments Industry: Market Size, Trends and Drivers,
Strategies, Products and Competitive Landscape
Synopsis
The report provides market analysis, information and insights into Bahrain’s cards and payments
market, including:
Current and forecast values for each category of Bahrain’s cards and payments industry including
debit cards, credit cards, prepaid cards and charge cards Comprehensive analysis of the industry’s
market attractiveness and future growth areas Analysis of various market drivers and regulations governing
Bahrain’s cards and payments industry Detailed analysis of the marketing strategies adopted for selling
debit, credit, charge and prepaid cards used by various bankers and other institutions in the market
Comprehensive analysis of consumer attitudes and their buying preferences for cards Competitive landscape
of Bahrain’s cards and payments industry
Executive summary
Steady economic growth, a rise in the banked population, and improvements in payment infrastructure are
resulting in the growing popularity of card payments in Bahrain. In terms of number of cards,
Bahrain’s card payments channel recorded strong growth at a CAGR of 11.08% during the review
period (2008–2012). This was mainly driven by growth in the prepaid and debit card categories. The
total number of cards in circulation increased from 654,118 in 2008 to 996,028 in 2012. Over the forecast
period (2013–2017), the card payments channel is forecast to grow at a CAGR of 5.20%, from 1.1
million cards in 2013 to 1.3 million cards in 2017.
The prepaid cards category is growing rapidly in Bahrain. Although prepaid cards held a low share of 8.8% in
2012, it recorded a CAGR of 28.29% in terms of number of cards in circulation during the review period. The
number of prepaid cards in circulation grew from 32,321 in 2008 to 87,558 in 2012. It is projected to record a
CAGR of 17.27% over the forecast period. The increasing preference for Islamic banking provides high
growth potential for prepaid cards as it is compliant with Islamic Sharia law.
Scope
This report provides a comprehensive analysis of Bahrain’s cards and payments industry It provides
current values for Bahrain’s cards and payments industry for 2012 and forecast figures for 2017 It
details the different macroeconomic, infrastructural, consumer and business drivers affecting Bahrain’s
cards and payments industry It outlines the current regulatory framework in the industry It details the
marketing strategies used by various bankers and other institutions It profiles the major banks in
Bahrain’s cards and payments industry
Reasons to buy
Make strategic business decisions using historic and forecast market data related to Bahrain’s cards
and payments industry and each market within it Understand the key market trends and growth opportunities
within Bahrain’s cards and payments industry Assess the competitive dynamics in Bahrain’s
cards and payments industry Gain insights into the marketing strategies used for selling various types of cards
in Bahrain Gain insights into key regulations governing Bahrain’s cards and payments industry
Key highlights
The total number of cards in Bahrain increased from 654,118 in 2008 to 996,028 in 2012, at a review-period
CAGR of 11.08%. Over the forecast period, the number of cards in circulation is anticipated to increase at a
CAGR of 5.20%, from 1.1 million in 2013 to 1.3 million in 2017. E-commerce is gaining popularity due to the
increasing number of internet users. The value of e-commerce increased at a CAGR of 13.16% during the
Emerging Opportunities in Bahrains Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La
review period to reach US$212.8 million in 2012. As more customers use cards for e-commerce payments,
growth in this sector will have a positive impact on card payments. The Central Bank of Bahrain (CBB)
enforced the adoption of enhanced security standards and compliance with Europay MasterCard Visa (EMV)
requirements. Banks in Bahrain have completed migration of their card products from the traditional magnetic
stripe to EMV chip technology in accordance with the regulation. Retail sales increased from US$5.0 billion
in 2011 to US$5.4 billion in 2012. During the review period, retail sales in Bahrain increased at a CAGR of
6.28%, from US$4.2 billion in 2008 to US$5.4 billion in 2012. This growth was mainly driven by rising
disposable income, stable economic growth and growing organized retail. Steady growth in retail is
encouraging companies to expand their retail outlets in the country.
table Of Contents
1 Executive Summary
2 Industry Attractiveness And Future Prospects Of The Cards And Payments Industry
3 Analysis Of Bahrain Cards And Payments Industry Drivers
3.1 Infrastructure Drivers
3.1.1 Rising Number Of Internet Users
3.1.2 Migration To Emv Cards
3.1.3 Increasing Number Of Pos Terminals
3.1.4 Growing Number Of Atms
3.2 Macroeconomic Drivers
3.2.1 Stable Economic Growth
3.2.2 Rising Young Population
3.2.3 Rising Disposable Income
3.3 Business And Consumer Drivers
3.3.1 Retail Sales Growth
3.3.2 Growing E-commerce
3.3.3 Increasing Awareness Of M-payment Services
3.3.4 Growing Expenditure On Outbound Travel
3.4 Card Fraud Statistics
3.5 Regulatory Framework
4 Emerging Consumer Attitudes And Trends
4.1 Market Segmentation And Targeting
4.1.1 Retail Sector
4.1.2 Corporate Sector
4.2 Consumer Preference
4.2.1 Price
4.2.2 Service
4.2.3 Convenience
Emerging Opportunities in Bahrains Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La
5 Competitive Landscape And Industry Dynamics
5.1 Industry Share Analysis By Payment Channels
5.1.1 Overview Of Payment Channels
5.1.2 Credit Transfer
5.1.3 Card Payments
5.1.4 Checks
5.2 Debit Cards Category Share
5.2.1 By Bank
5.2.2 By Scheme
5.3 Credit Cards Category Share
5.3.1 By Bank
5.3.2 By Scheme
5.4 Charge Cards Category Share
6 Strategies Adopted By Key Operators
6.1 Marketing / Product Strategy
6.1.1 Credit Cards
6.1.2 Prepaid Card
6.2 Pricing Strategies
7 Size And Growth Potential Of The Card Payments Channel
7.1 Channel Share Analysis By Category Of Card
7.2 Total Size And Forecast Of The Card Payments Channel
7.2.1 Analysis By Number Of Cards
7.2.2 Analysis By Transaction Value
7.2.3 Analysis By Transaction Volume
7.3 Debit Card Category Size And Forecast
7.3.1 Analysis By Number Of Cards
7.3.2 Analysis By Transaction Value
7.3.3 Analysis By Transaction Volume
7.3.4 Other Key Performance Indicators
7.4 Prepaid Card Category Size And Forecast
7.4.1 Analysis By Number Of Cards
7.4.2 Analysis By Segment – Open And Closed-loop Cards
7.4.3 Analysis By Transaction Value
7.5 Charge Card Category Size And Forecast
7.5.1 Analysis By Number Of Cards
7.5.2 Analysis By Transaction Value
7.5.3 Analysis By Number Of Transactions
7.5.4 Analysis By Frequency Of Use
7.6 Credit Card Category Size And Forecast
7.6.1 Analysis By Number Of Cards
7.6.2 Analysis By Transaction Value
7.6.3 Analysis By Number Of Transactions
7.6.4 Other Key Performance Indicators
Emerging Opportunities in Bahrains Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La
8 Company Profiles, Products And Marketing Strategies
8.1 Hsbc Bahrain
8.1.1 Strategies
8.1.2 Credit Cards Offered
8.2 Standard Chartered Bank Bahrain
8.2.1 Strategies
8.2.2 Credit Cards Offered
8.3 Bmi Bank
8.3.1 Strategies
8.3.2 Debit Card Offered
8.3.3 Credit Cards Offered
9 Appendix
9.1 Methodology
9.2 Contact Us
9.3 About Timetric
9.4 Disclaimer
Market Research Report(http://www.marketresearchreports.biz/) Marketresearchreports.biz is the most
comprehensive collection of market research reports. Marketresearchreports.biz services are especially
designed to save time and money of our clients. We are a one stop solution for all your research needs, our
main offerings are syndicated research reports, custom research, subscription access and consulting services.
We serve all sizes and types of companies spanning across various industries.
Contact:
M/s Sheela,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-997-4948
Email: sales@researchmoz.com
Website: www.marketresearchreports.biz
Emerging Opportunities in Bahrains Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La

More Related Content

Recently uploaded

NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCRashishs7044
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxMarkAnthonyAurellano
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Riya Pathan
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...lizamodels9
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...lizamodels9
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...ictsugar
 
Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailAriel592675
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 

Recently uploaded (20)

NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
 
Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detail
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 

Featured

PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Applitools
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at WorkGetSmarter
 
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...DevGAMM Conference
 
Barbie - Brand Strategy Presentation
Barbie - Brand Strategy PresentationBarbie - Brand Strategy Presentation
Barbie - Brand Strategy PresentationErica Santiago
 

Featured (20)

PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work
 
ChatGPT webinar slides
ChatGPT webinar slidesChatGPT webinar slides
ChatGPT webinar slides
 
More than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike RoutesMore than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike Routes
 
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
 
Barbie - Brand Strategy Presentation
Barbie - Brand Strategy PresentationBarbie - Brand Strategy Presentation
Barbie - Brand Strategy Presentation
 

Study Report: Emerging opportunities in bahrains cards and payments industry market

  • 1. Emerging Opportunities in Bahrains Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape Synopsis The report provides market analysis, information and insights into Bahrain’s cards and payments market, including: Current and forecast values for each category of Bahrain’s cards and payments industry including debit cards, credit cards, prepaid cards and charge cards Comprehensive analysis of the industry’s market attractiveness and future growth areas Analysis of various market drivers and regulations governing Bahrain’s cards and payments industry Detailed analysis of the marketing strategies adopted for selling debit, credit, charge and prepaid cards used by various bankers and other institutions in the market Comprehensive analysis of consumer attitudes and their buying preferences for cards Competitive landscape of Bahrain’s cards and payments industry Executive summary Steady economic growth, a rise in the banked population, and improvements in payment infrastructure are resulting in the growing popularity of card payments in Bahrain. In terms of number of cards, Bahrain’s card payments channel recorded strong growth at a CAGR of 11.08% during the review period (2008–2012). This was mainly driven by growth in the prepaid and debit card categories. The total number of cards in circulation increased from 654,118 in 2008 to 996,028 in 2012. Over the forecast period (2013–2017), the card payments channel is forecast to grow at a CAGR of 5.20%, from 1.1 million cards in 2013 to 1.3 million cards in 2017. The prepaid cards category is growing rapidly in Bahrain. Although prepaid cards held a low share of 8.8% in 2012, it recorded a CAGR of 28.29% in terms of number of cards in circulation during the review period. The number of prepaid cards in circulation grew from 32,321 in 2008 to 87,558 in 2012. It is projected to record a CAGR of 17.27% over the forecast period. The increasing preference for Islamic banking provides high growth potential for prepaid cards as it is compliant with Islamic Sharia law. Scope This report provides a comprehensive analysis of Bahrain’s cards and payments industry It provides current values for Bahrain’s cards and payments industry for 2012 and forecast figures for 2017 It details the different macroeconomic, infrastructural, consumer and business drivers affecting Bahrain’s cards and payments industry It outlines the current regulatory framework in the industry It details the marketing strategies used by various bankers and other institutions It profiles the major banks in Bahrain’s cards and payments industry Reasons to buy Make strategic business decisions using historic and forecast market data related to Bahrain’s cards and payments industry and each market within it Understand the key market trends and growth opportunities within Bahrain’s cards and payments industry Assess the competitive dynamics in Bahrain’s cards and payments industry Gain insights into the marketing strategies used for selling various types of cards in Bahrain Gain insights into key regulations governing Bahrain’s cards and payments industry Key highlights The total number of cards in Bahrain increased from 654,118 in 2008 to 996,028 in 2012, at a review-period CAGR of 11.08%. Over the forecast period, the number of cards in circulation is anticipated to increase at a CAGR of 5.20%, from 1.1 million in 2013 to 1.3 million in 2017. E-commerce is gaining popularity due to the increasing number of internet users. The value of e-commerce increased at a CAGR of 13.16% during the Emerging Opportunities in Bahrains Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La
  • 2. review period to reach US$212.8 million in 2012. As more customers use cards for e-commerce payments, growth in this sector will have a positive impact on card payments. The Central Bank of Bahrain (CBB) enforced the adoption of enhanced security standards and compliance with Europay MasterCard Visa (EMV) requirements. Banks in Bahrain have completed migration of their card products from the traditional magnetic stripe to EMV chip technology in accordance with the regulation. Retail sales increased from US$5.0 billion in 2011 to US$5.4 billion in 2012. During the review period, retail sales in Bahrain increased at a CAGR of 6.28%, from US$4.2 billion in 2008 to US$5.4 billion in 2012. This growth was mainly driven by rising disposable income, stable economic growth and growing organized retail. Steady growth in retail is encouraging companies to expand their retail outlets in the country. table Of Contents 1 Executive Summary 2 Industry Attractiveness And Future Prospects Of The Cards And Payments Industry 3 Analysis Of Bahrain Cards And Payments Industry Drivers 3.1 Infrastructure Drivers 3.1.1 Rising Number Of Internet Users 3.1.2 Migration To Emv Cards 3.1.3 Increasing Number Of Pos Terminals 3.1.4 Growing Number Of Atms 3.2 Macroeconomic Drivers 3.2.1 Stable Economic Growth 3.2.2 Rising Young Population 3.2.3 Rising Disposable Income 3.3 Business And Consumer Drivers 3.3.1 Retail Sales Growth 3.3.2 Growing E-commerce 3.3.3 Increasing Awareness Of M-payment Services 3.3.4 Growing Expenditure On Outbound Travel 3.4 Card Fraud Statistics 3.5 Regulatory Framework 4 Emerging Consumer Attitudes And Trends 4.1 Market Segmentation And Targeting 4.1.1 Retail Sector 4.1.2 Corporate Sector 4.2 Consumer Preference 4.2.1 Price 4.2.2 Service 4.2.3 Convenience Emerging Opportunities in Bahrains Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La
  • 3. 5 Competitive Landscape And Industry Dynamics 5.1 Industry Share Analysis By Payment Channels 5.1.1 Overview Of Payment Channels 5.1.2 Credit Transfer 5.1.3 Card Payments 5.1.4 Checks 5.2 Debit Cards Category Share 5.2.1 By Bank 5.2.2 By Scheme 5.3 Credit Cards Category Share 5.3.1 By Bank 5.3.2 By Scheme 5.4 Charge Cards Category Share 6 Strategies Adopted By Key Operators 6.1 Marketing / Product Strategy 6.1.1 Credit Cards 6.1.2 Prepaid Card 6.2 Pricing Strategies 7 Size And Growth Potential Of The Card Payments Channel 7.1 Channel Share Analysis By Category Of Card 7.2 Total Size And Forecast Of The Card Payments Channel 7.2.1 Analysis By Number Of Cards 7.2.2 Analysis By Transaction Value 7.2.3 Analysis By Transaction Volume 7.3 Debit Card Category Size And Forecast 7.3.1 Analysis By Number Of Cards 7.3.2 Analysis By Transaction Value 7.3.3 Analysis By Transaction Volume 7.3.4 Other Key Performance Indicators 7.4 Prepaid Card Category Size And Forecast 7.4.1 Analysis By Number Of Cards 7.4.2 Analysis By Segment – Open And Closed-loop Cards 7.4.3 Analysis By Transaction Value 7.5 Charge Card Category Size And Forecast 7.5.1 Analysis By Number Of Cards 7.5.2 Analysis By Transaction Value 7.5.3 Analysis By Number Of Transactions 7.5.4 Analysis By Frequency Of Use 7.6 Credit Card Category Size And Forecast 7.6.1 Analysis By Number Of Cards 7.6.2 Analysis By Transaction Value 7.6.3 Analysis By Number Of Transactions 7.6.4 Other Key Performance Indicators Emerging Opportunities in Bahrains Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La
  • 4. 8 Company Profiles, Products And Marketing Strategies 8.1 Hsbc Bahrain 8.1.1 Strategies 8.1.2 Credit Cards Offered 8.2 Standard Chartered Bank Bahrain 8.2.1 Strategies 8.2.2 Credit Cards Offered 8.3 Bmi Bank 8.3.1 Strategies 8.3.2 Debit Card Offered 8.3.3 Credit Cards Offered 9 Appendix 9.1 Methodology 9.2 Contact Us 9.3 About Timetric 9.4 Disclaimer Market Research Report(http://www.marketresearchreports.biz/) Marketresearchreports.biz is the most comprehensive collection of market research reports. Marketresearchreports.biz services are especially designed to save time and money of our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries. Contact: M/s Sheela, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-997-4948 Email: sales@researchmoz.com Website: www.marketresearchreports.biz Emerging Opportunities in Bahrains Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive La