Recent Study: Emerging Opportunities in Malaysia's Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape
While cash remains the dominant method of payment in Malaysia, there have been concerted efforts from issuers, the government and regulatory bodies to support card usage.
The nation's credit card category has expanded rapidly. A large part of this growth has been driven by government initiatives, such as a reduction of income requirements for prospective cardholders and minimum monthly repayments. All of this has made payment cards far more accessible, resulting in significant growth for the industry. In 2012, the...
View full press release