Los Angeles, CA -- (SBWire) -- 10/05/2018 --Commercial payment card is a type of card developed by the payment card networks to serve the needs of businessmen working in a variety of industries and individual companies, to make their payment for business activities more convenient.
MUFG accounted for 25.69% of the Volume of Commercial Payment Cards Issued in Japan market; While SMBC and Mizuho accounted for 21.52% and 15.79% respectively.
In the same year, Small Business Cards accounted for 87.70% of the Volume of Commercial Payment Cards Issued in Japan market. The average value of payments made using Small Business Cards is 22822 (USD/Unit), and is well below the average value of payments made through Corporate cards.
Affected by the Japanese economy, the growth rate of the volume of commercial payment cards issued will decrease gradually in the future. Affected by Japanese consumer habits and the rapid change of future life, average value of payments made through commercial payment cards will gradually increase.
In 2017, the global Commercial Payment Cards market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
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The key players covered in this study
Citigroup Inc.
JPMorgan Chase& Co.
Capital One Financial Corporation
Bank of America Corporation
Discover Financial Services
Synchrony Financial
American Ecpress Company
Wells Fargo& Company
Barclays Plc
U.S. Bancorp
MUFG
SMBC
Mizuho
Resona Bank
SBI Holdings
Market segment by Type, the product can be split into
Corporate Cards
Purchase Cards
Business Cards
Travel and Entertainment Cards
Other
Market segment by Application, split into
Small business card
Corporate card
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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Commercial Payment Cards Market Outlook 2018: Business Overview, Top Company Analysis and End User Analysis by 2025
This report focuses on the global Commercial Payment Cards status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Commercial Payment Cards development in United States, Europe and China.