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Financial Cards and Payments in Indonesia

Financial Cards and Payments in Indonesia

  • Publish Date:December 2022

  • Number of Pages:61

  • Report ID:295830

  • Format:PDF

  • Publisher:Euromonitor International

$ 2100

Summary

2022 marked the beginning of the recovery period in Indonesia’s financial cards and payments market. Many categories are very reliant on the mobility of the population. As people started to go back to work and resume their activities, their financial confidence rose and their purchasing power improved. Due to economic recovery, household consumption also began to creep up.

Financial Cards and Payments in Indonesia 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, M-Commerce, 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 Indonesia
Euromonitor International
January 2023

List Of Contents And Tables

FINANCIAL CARDS AND PAYMENTS IN INDONESIA
EXECUTIVE SUMMARY
Financial cards and payments in 2022: The big picture
2022 key trends
Competitive landscape
What next for financial cards and payments?
MARKET INDICATORS
Table 1 Number of POS Terminals: Units 2017-2022
Table 2 Number of ATMs: Units 2017-2022
Table 3 Value Lost to Fraud 2017-2022
Table 4 Card Expenditure by Location 2022
Table 5 Financial Cards in Circulation by Type: % Number of Cards 2017-2022
Table 6 Domestic versus Foreign Spend 2022
MARKET DATA
Table 7 Financial Cards by Category: Number of Cards in Circulation 2017-2022
Table 8 Financial Cards by Category: Number of Accounts 2017-2022
Table 9 Financial Cards Transactions by Category: Value 2017-2022
Table 10 Financial Cards by Category: Number of Transactions 2017-2022
Table 11 Commerical Payments by Category: Value 2017-2022
Table 12 Commercial Payments by Category: Number of Transactions 2017-2022
Table 13 Personal Payments by Category: Value 2017-2022
Table 14 Personal Payments by Category: Number of Transactions 2017-2022
Table 15 M-Commerce by Category: Value 2017-2022
Table 16 M-Commerce by Category: % Value Growth 2017-2022
Table 17 Financial Cards: Number of Cards by Issuer 2017-2021
Table 18 Financial Cards: Number of Cards by Operator 2017-2021
Table 19 Financial Cards: Card Payment Transactions Value by Operator 2017-2021
Table 20 Financial Cards: Card Payment Transactions Value by Issuer 2017-2021
Table 21 Forecast Financial Cards by Category: Number of Cards in Circulation 2022-2027
Table 22 Forecast Financial Cards by Category: Number of Accounts 2022-2027
Table 23 Forecast Financial Cards Transactions by Category: Value 2022-2027
Table 24 Forecast Financial Cards by Category: Number of Transactions 2022-2027
Table 25 Forecast Commercial Payments by Category: Value 2022-2027
Table 26 Forecast Commercial Payments by Category: Number of Transactions 2022-2027
Table 27 Forecast Personal Payments by Category: Value 2022-2027
Table 28 Forecast Personal Payments by Category: Number of Transactions 2022-2027
Table 29 Forecast M-Commerce by Category: Value 2022-2027
Table 30 Forecast M-Commerce by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources
DEBIT CARDS IN INDONESIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Vaccination programmes and Lebaran period are the biggest influence on transactions
All debit cards used for transactions are already chipped
Visa, Mastercard and GPN lead in debit cards
PROSPECTS AND OPPORTUNITIES
Purchase transactions expected to grow
BCA launches Cardless Deposit and Withdrawal feature, while many large banks focus on digitalisation
Government is placing focus on digital transformation
CATEGORY DATA
Table 31 Debit Cards: Number of Cards in Circulation 2017-2022
Table 32 Debit Cards Transactions 2017-2022
Table 33 Debit Cards in Circulation: % Growth 2017-2022
Table 34 Debit Cards Transactions: % Growth 2017-2022
Table 35 Debit Cards: Number of Cards by Issuer 2017-2021
Table 36 Debit Cards: Number of Cards by Operator 2017-2021
Table 37 Debit Cards Payment Transaction Value by Issuer 2017-2021
Table 38 Debit Cards Payment Transaction Value by Operator 2017-2021
Table 39 Forecast Debit Cards: Number of Cards in Circulation 2022-2027
Table 40 Forecast Debit Cards Transactions 2022-2027
Table 41 Forecast Debit Cards in Circulation: % Growth 2022-2027
Table 42 Forecast Debit Cards Transactions: % Growth 2022-2027
CREDIT CARDS IN INDONESIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Mobility, household consumption, and online purchases drive development of credit cards
The emergence of digital credit cards
Mastercard puts pressure on Visa, but both players face challenges
PROSPECTS AND OPPORTUNITIES
Promising outlook, with banks still strategising to maintain momentum
Government Credit Cards (KKP) launched
Services that offer similar instalment options to credit cards are rising
CATEGORY DATA
Table 43 Credit Cards: Number of Cards in Circulation 2017-2022
Table 44 Credit Cards Transactions 2017-2022
Table 45 Credit Cards in Circulation: % Growth 2017-2022
Table 46 Credit Cards Transactions: % Growth 2017-2022
Table 47 Commercial Credit Cards: Number of Cards in Circulation 2017-2022
Table 48 Commercial Credit Cards Transactions 2017-2022
Table 49 Commercial Credit Cards in Circulation: % Growth 2017-2022
Table 50 Commercial Credit Cards Transactions: % Growth 2017-2022
Table 51 Personal Credit Cards: Number of Cards in Circulation 2017-2022
Table 52 Personal Credit Cards Transactions 2017-2022
Table 53 Personal Credit Cards in Circulation: % Growth 2017-2022
Table 54 Personal Credit Cards Transactions: % Growth 2017-2022
Table 55 Credit Cards: Number of Cards by Issuer 2017-2021
Table 56 Credit Cards: Number of Cards by Operator 2017-2021
Table 57 Credit Cards Payment Transaction Value by Issuer 2017-2021
Table 58 Credit Cards Payment Transaction Value by Operator 2017-2021
Table 59 Commercial Credit Cards: Number of Cards by Issuer 2017-2021
Table 60 Commercial Credit Cards: Number of Cards by Operator 2017-2021
Table 61 Commercial Credit Cards Payment Transaction Value by Issuer 2017-2021
Table 62 Commercial Credit Cards Payment Transaction Value by Operator 2017-2021
Table 63 Personal Credit Cards: Number of Cards by Issuer 2017-2021
Table 64 Personal Credit Cards: Number of Cards by Operator 2017-2021
Table 65 Personal Credit Cards Payment Transaction Value by Issuer 2017-2021
Table 66 Personal Credit Cards Payment Transaction Value by Operator 2017-2021
Table 67 Forecast Credit Cards: Number of Cards in Circulation 2022-2027
Table 68 Forecast Credit Cards Transactions 2022-2027
Table 69 Forecast Credit Cards in Circulation: % Growth 2022-2027
Table 70 Forecast Credit Cards Transactions: % Growth 2022-2027
Table 71 Forecast Commercial Credit Cards: Number of Cards in Circulation 2022-2027
Table 72 Forecast Commercial Credit Cards Transactions 2022-2027
Table 73 Forecast Commercial Credit Cards in Circulation: % Growth 2022-2027
Table 74 Forecast Commercial Credit Cards Transactions: % Growth 2022-2027
Table 75 Forecast Personal Credit Cards: Number of Cards in Circulation 2022-2027
Table 76 Forecast Personal Credit Cards Transactions 2022-2027
Table 77 Forecast Personal Credit Cards in Circulation: % Growth 2022-2027
Table 78 Forecast Personal Credit Cards Transactions: % Growth 2022-2027
CHARGE CARDS IN INDONESIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Industry is experiencing a bit of fresh air
With emerging new services and products offering similar, and even better, benefits, charge cards are faced with serious competition
Character of charge cards unsuited to pandemic conditions
PROSPECTS AND OPPORTUNITIES
Short-lived upturn
Catching up is almost impossible, unless focus is shifted to the category
With the nation undergoing digital transformation, charge cards will lose its position
CATEGORY DATA
Table 79 Charge Cards: Number of Cards in Circulation 2017-2022
Table 80 Charge Cards Transactions 2017-2022
Table 81 Charge Cards in Circulation: % Growth 2017-2022
Table 82 Charge Cards Transactions: % Growth 2017-2022
Table 83 Commercial Charge Cards: Number of Cards in Circulation 2017-2022
Table 84 Commercial Charge Cards Transactions 2017-2022
Table 85 Commercial Charge Cards in Circulation: % Growth 2017-2022
Table 86 Commercial Charge Cards Transactions: % Growth 2017-2022
Table 87 Personal Charge Cards: Number of Cards in Circulation 2017-2022
Table 88 Personal Charge Cards Transactions 2017-2022
Table 89 Personal Charge Cards in Circulation: % Growth 2017-2022
Table 90 Personal Charge Cards Transactions: % Growth 2017-2022
Table 91 Charge Cards: Number of Cards by Issuer 2017-2021
Table 92 Charge Cards: Number of Cards by Operator 2017-2021
Table 93 Charge Cards Payment Transaction Value by Issuer 2017-2021
Table 94 Charge Cards Payment Transaction Value by Operator 2017-2021
Table 95 Commercial Charge Cards: Number of Cards by Issuer 2017-2021
Table 96 Commercial Charge Cards: Number of Cards by Operator 2017-2021
Table 97 Commercial Charge Cards Payment Transaction Value by Issuer 2017-2021
Table 98 Commercial Charge Cards Payment Transaction Value by Operator 2017-2021
Table 99 Personal Charge Cards: Number of Cards by Issuer 2017-2021
Table 100 Personal Charge Cards: Number of Cards by Operator 2017-2021
Table 101 Personal Charge Cards Transaction Value by Issuer 2017-2021
Table 102 Personal Charge Cards Transaction Value by Operator 2017-2021
Table 103 Forecast Charge Cards: Number of Cards in Circulation 2022-2027
Table 104 Forecast Charge Cards Transactions 2022-2027
Table 105 Forecast Charge Cards in Circulation: % Growth 2022-2027
Table 106 Forecast Charge Cards Transactions: % Growth 2022-2027
Table 107 Forecast Commercial Charge Cards: Number of Cards in Circulation 2022-2027
Table 108 Forecast Commercial Charge Cards Transactions 2022-2027
Table 109 Forecast Commercial Charge Cards in Circulation: % Growth 2022-2027
Table 110 Forecast Commercial Charge Cards Transactions: % Growth 2022-2027
Table 111 Forecast Personal Charge Cards: Number of Cards in Circulation 2022-2027
Table 112 Forecast Personal Charge Cards Transactions 2022-2027
Table 113 Forecast Personal Charge Cards in Circulation: % Growth 2022-2027
Table 114 Forecast Personal Charge Cards Transactions: % Growth 2022-2027
PRE-PAID CARDS IN INDONESIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Pre-paid cards' performance is highly dependent on population's mobility
Multi Lane Free Flow technology will replace the use of pre-paid cards at tolls
Bank Mandiri cobranded with government
PROSPECTS AND OPPORTUNITIES
Two years from now, the growth of pre-paid cards is predicted to slow down
BRI has anticipated the MLFF implementation and will resort to more merchant cooperation in the future
Open loop pre-paid cards to outperform closed loop options
CATEGORY DATA
Table 115 Pre-paid Cards: Number of Cards in Circulation 2017-2022
Table 116 Pre-paid Cards Transactions 2017-2022
Table 117 Pre-paid Cards in Circulation: % Growth 2017-2022
Table 118 Pre-paid Cards Transactions: % Growth 2017-2022
Table 119 Closed Loop Pre-paid Cards Transactions 2017-2022
Table 120 Closed Loop Pre-paid Cards Transactions: % Growth 2017-2022
Table 121 Open Loop Pre-paid Cards Transactions 2017-2022
Table 122 Open Loop Pre-paid Cards Transactions: % Growth 2017-2022
Table 123 Pre-paid Cards: Number of Cards by Issuer 2017-2021
Table 124 Pre-paid Cards: Number of Cards by Operator 2017-2021
Table 125 Pre-paid Cards Transaction Value by Issuer 2017-2021
Table 126 Pre-paid Cards Transaction Value by Operator 2017-2021
Table 127 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2017-2021
Table 128 Closed Loop Pre-paid Cards: Number of Cards by Operator 2017-2021
Table 129 Closed Loop Pre-paid Cards Transaction Value by Issuer 2017-2021
Table 130 Closed Loop Pre-paid Cards Transaction Value by Operator 2017-2021
Table 131 Open Loop Pre-paid Cards: Number of Cards by Issuer 2017-2021
Table 132 Open Loop Pre-paid Cards: Number of Cards by Operator 2017-2021
Table 133 Open Loop Pre-paid Cards Transaction Value by Issuer 2017-2021
Table 134 Open Loop Pre-paid Cards Transaction Value by Operator 2017-2021
Table 135 Forecast Pre-paid Cards: Number of Cards in Circulation 2022-2027
Table 136 Forecast Pre-paid Cards Transactions 2022-2027
Table 137 Forecast Pre-paid Cards in Circulation: % Growth 2022-2027
Table 138 Forecast Pre-paid Cards Transactions: % Growth 2022-2027
Table 139 Forecast Closed Loop Pre-paid Cards Transactions 2022-2027
Table 140 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2022-2027
Table 141 Forecast Open Loop Pre-paid Cards Transactions 2022-2027
Table 142 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2022-2027
STORE CARDS IN INDONESIA
2022 DEVELOPMENTS

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