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The Cards and Payments Industry in Morocco: Emerging Trends and Opportunities to 2019, New Report Launched

Market Research Reports, Inc. has announced the addition of “The Cards and Payments Industry in Morocco: Emerging Trends and Opportunities to 2019” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 09/16/2015 -- The Cards and Payments Industry in Morocco: Emerging Trends and Opportunities to 2019' report provides top-level market analysis, information and insights into Morocco's cards and payments industry, including:
- Current and forecast values for each market in Morocco's cards and payments industry, including debit cards, credit and charge cards. It also includes detailed analysis of the prepaid card market.
- Detailed insights into payment instruments including check payments, credit transfers, direct debits and payment cards. It also, includes an overview of the country's key alternative payment instruments.
- Analysis of various market drivers and regulations governing Morocco's cards and payments industry.
- Detailed analysis of strategies adopted by banks and other institutions to market debit, credit and charge cards.
- Comprehensive analysis of consumer attitudes and buying preferences for cards.
- The competitive landscape of Morocco's cards and payments industry.

The Cards and Payments Industry in Morocco: Emerging Trends and Opportunities to 2019' report provides detailed analysis of market trends in Morocco's cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including check payments, credit transfers, direct debits and payment cards during the review period (2010–2014).

The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, and transaction values and volumes during the review period and over the forecast period (2015–2019). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.

The report brings together Publisher's research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies, recent changes in regulatory structure and profiles of card issuers operating in the country.

Scope
- This report provides a comprehensive analysis of Morocco's cards and payments industry.
- It provides current values for Morocco's cards and payments industry for 2014, and forecast figures to 2019.
- It details the different economic, infrastructural and business drivers affecting Morocco's cards and payments industry.
- It outlines the current regulatory framework in the industry.
- It details marketing strategies used by various banks and other institutions.
- It profiles major banks in Morocco's cards and payments industry.

Reasons to Buy
- Make strategic business decisions, using top-level historic and forecast market data, related to Morocco's cards and payments industry and each market within it.
- Understand the key market trends and growth opportunities in Morocco's cards and payments industry.
- Assess the competitive dynamics in Morocco's cards and payments industry.
- Gain insights into marketing strategies used for various card types in Morocco.
- Gain insights into key regulations governing Morocco's cards and payments industry.

Key Highlights
- In 2014, check payments and credit transfers were the most popular payment instruments, having a combined industry share of 97.1% in terms of transaction value, while the share of payment cards doubled from 0.5% in 2010 to 1% by the end of 2014. The share of payment cards is rising as the government and banks promote awareness levels and associated benefits among consumers and merchants. The adoption of EMV standards and growth in e-commerce and retail industries also supported the industry's growth.
- In terms of transaction value, debit cards remained the most popular payment card during the review period. The Moroccan population is dominated by a Muslim population who generally avoid credit cards for religious reasons. Consequently, the debit card market registered growth in terms of volume and transaction value during the review period. In order to spur card sales, banks and card issuers are offering EMV-compliant cards and bespoke products to meet specific customer needs.
- In June 2014, the Moroccan government approved a new banking law relating to establishing a fully fledged Islamic finance industry after years of false starts. The draft bill will allow both domestic and foreign banking companies to establish Islamic banking branches in Morocco. The new bill, which also contains legislation pertaining to the establishment of a sharia committee formed in coordination with the central bank, will help build a robust regulatory environment for the financial sector.

Spanning over 65 pages, "The Cards and Payments Industry in Morocco: Emerging Trends and Opportunities to 2019" report covers Definitions and Methodology, Key Facts and Events, Executive Summary, Payment Instruments, Regulations in the Cards and Payments Industry, Analysis of Cards and Payments Industry Drivers, Market Segmentation and Targeting, Payment Cards, Debit Cards, Credit Cards, Charge Cards, Commercial Cards, Card Issuers, Prepaid Cards, Appendix. The report covered companies are - Banque Centrale, Populaire, Attijariwafa Bank, Banque Marocaine Du Commerce Exterieur, Crédit du Maroc-Credit Agricole, CMI, Visa, MasterCard.

For more information visit: http://www.marketresearchreports.com/timetric/cards-and-payments-industry-morocco-emerging-trends-and-opportunities-2019

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