E-Wallet Services Uplifting Plastic Card Market in Vietnam

Backed by various factors, plastic card market in Vietnam seems to hold enormous potential growing at a CAGR of around 20.4% during 2011-2014, acknowledged RNCOS.

NOIDA, India (prHWY.com) March 13, 2012 - Plastic card market in Vietnam is one of the world's fastest growing card markets. A recent research report by RNCOS reveals that plastic card market in Vietnam integrates credit, debit, and prepaid cards. Our evaluation of the market also uncovers the fact that banks are incorporating e-wallet services as a part of their major developments. Many banks are even deploying innovative strategies to promote the use of online payments through attractive gifts and prizes. All these services will facilitate customers to make online payments of goods and services including electricity bills and telephone bills, and purchase air tickets, which in turn will augment the level of transactions. However, this emerging opportunity in the country is considered to develop significantly in the coming years and is foreseen to further boost the future plastic card market in Vietnam.

The continuous rise in younger population, innovative technological developments, growing consumer awareness, and continuous government support will further propel the growth trajectory of the industry in the coming years. Further, a recent report by RNCOS, "Vietnam Plastic Card Market Forecast to 2013", also reveals the tremendous potential held by the plastic card market in Vietnam as evident from its growth over the past few years, based on which, it anticipates that the market will grow further at a CAGR of around 20.4% during 2011-2014.

Our report carries an in-depth analysis of Plastic Card Market in Vietnam with an aim to unearth future potentials and provide the future outlook of the industry. In the report, Plastic Card market in the Vietnam has been studied from various perspectives. An in-depth study of the emerging market trends, current developments, and competitive landscape has also been included in the extensive research. The report also covers information about the major card suppliers and manufacturers, rising number of ATMs, and POSs, share of debit, credit and prepaid transactions, which foretell the future potential growth of Plastic Card industry in Vietnam. Technological developments in the industry have been studied specifically and carefully in order to portray a clear picture of the industry for every investors or players, looking forward to enter the market. With a view to understanding the industry's competitive landscape and presenting a balanced outlook to clients, we have also included the profiles of major banks in our research study. Overall, the report offers a comprehensive analysis of the entire plastic card market in Vietnam.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM240.htm

Some of our Related Reports are:

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- China Credit Card Market Outlook to 2013(http://www.rncos.com/Report/IM002.htm)
- Opportunities in Brazil Banking Sector(http://www.rncos.com/Report/IM523.htm)
- Turkey Banking Sector Forecast to 2012(http://www.rncos.com/Report/IM177.htm)

Check Related REPORTS on: http://www.rncos.com/Banking&Insurance.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: vietnam ewallet market

Categories: Finance

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