Boston, MA -- (ReleaseWire) -- 07/11/2014 -- The pre-paid card market saw strong growth, with leading banks focussing on the unbanked population, particularly targeting low-income expatriate workers. White- and blue-collar expatriates comprise 85% of the UAE's labour force. 1.8 million blue-collar workers are under the government's pre-paid payroll initiative, the Wage Protection System (WPS). Around 1.2 million unbanked workers present a huge opportunity for banks. Growth is boosted by a hefty remittance market and a large young...
Euromonitor International's Financial Cards and Payments in United Arab Emirates 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.
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Product coverage: Financial Cards in Circulation, Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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- 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.
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