Released On 20th June 2014
Synopsis
The Slovakia's Cards and Payments Industry report provides top-level market analysis, information and insights on Slovakias cards and payments industry, including:
Current and forecast values for each category of Slovakias cards and payments industry, including debit cards, credit cards, charge cards and prepaid cards
Comprehensive analysis of the industrys market attractiveness and future growth areas
Analysis of various market drivers and regulations governing Slovakias cards and payments industry
Detailed analysis of the marketing strategies adopted for selling debit, credit, charge and prepaid cards used by banks and other institutions in the market
Comprehensive analysis of consumer attitudes and buying preferences for cards
The competitive landscape of Slovakias cards and payments industry
Browse Full Report @ http://www.jsbmarketresearch.com/finance-banking/r-Slovakias-Cards-and-Payments-Industry-Emerging-Opportunities-Trends-Size-Drivers-Strategies-Products-and-Competitive-Landscape-112985
Summary
The Slovak economy remained resilient to the European sovereign debt crisis due to a sound banking system and prudent government spending. Ongoing government reforms in education, training, the labor market, taxation and infrastructure are likely to spur economic growth over the forecast period (20142019), which will have a direct impact on the Slovak cards and payments industry.
In terms of overall payment channels, credit transfers held the highest channel share of 85.3% in 2013, followed by direct debits with 12.4%. With consumers shifting to modern electronic payment systems, the channel share of card transactions increased from 1.4% in 2009 to 2.2% in 2013.
The Slovak card payments channel grew both in terms of volume and value during the review period