Iran Cards and Payments - Opportunities and Risks to 2024

Publisher Name :
Date: 16-Oct-2020
No. of pages: 46
Inquire Before Buying

Iran Cards and Payments - Opportunities and Risks to 2024

Summary

GlobalData's 'Iran Cards and Payments - Opportunities and Risks to 2024' report provides detailed analysis of market trends in the Iranian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cards, and cheques during the review-period (2016-20e).

The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2020e-24f). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes.

The report brings together GlobalData's research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers details of regulatory policy and recent changes in the regulatory structure.

This report provides top-level market analysis, information and insights into the Iranian cards and payments industry, including -

- Current and forecast values for each market in the Iranian cards and payments industry, including debit and credit cards.

- Detailed insights into payment instruments including cheques and cards. It also, includes an overview of the country's key alternative payment instruments.

- Analysis of various market drivers and regulations governing the Iranian cards and payments industry.

- Detailed analysis of strategies adopted by banks and other institutions to market debitand credit cards.

Scope

- Electronic payments are gaining prominence in Iran, registering steady growth during the review period. The outbreak of COVID-19 has further accelerated the growth in electronic payments. In March 2020 the central bank announced the National Comprehensive and Integrated Payment Acceptance Plan. The plan includes the development of a standard interoperable QR code, enabling QR code acceptance at all POS terminals. Meanwhile, in March 2020 the government increased the card-to-card money transfer limit from IRR30m ($712.73) to IRR100m ($2,375.78). Card-to-card transfers are quite popular in Iran and can be made via channels including ATMs, kiosks, mobile phones, and internet banking.

- In August 2020, Iran's Fintech Association proposed a new fee system with regards to online payment transactions. As per the new proposal, payment aggregators and payment service providers would cover network fees, which are currently paid by banks. Such fees now account for almost 60% of total fees paid by banks, which is over and above the amount banks pay as rent and support fees for each POS device to payment service providers. The costs involved undermine banks' willingness to invest in electronic banking. The proposed rule would cut banks' annual expenses by 16%.

- The Iranian rial has been declining in value amid rising inflation and US sanctions. Its value further deteriorated following the outbreak of COVID-19. To address this, in May 2020 the Iranian government passed a bill to replace the rial with the toman (with one toman equal to 10,000 rials). The central bank has been given two years to remove rials from circulation and issue tomans instead.

Reasons to Buy

- Make strategic business decisions, using top-level historic and forecast market data, related to the Iranian cards and payments industry and each market within it.

- Understand the key market trends and growth opportunities in the Iranian cards and payments industry.

- Assess the competitive dynamics in the Iranian cards and payments industry.

- Gain insights into marketing strategies used for various card types in Iran.

- Gain insights into key regulations governing the Iranian cards and payments industry.

Iran Cards and Payments - Opportunities and Risks to 2024

Table of Contents
Payment Instruments
Card-based Payments
Alternative Payments
Payment Innovations
Payments Infrastructure & Regulation
Appendix
  • Italy Cards and Payments - Opportunities and Risks to 2024
    Published: 11-Jan-2021        Price: US 2750 Onwards        Pages: 87
    Italy Cards and Payments - Opportunities and Risks to 2024 Summary GlobalData's 'Italy Cards and Payments - Opportunities and Risks to 2024' report provides detailed analysis of market trends in the Italian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debits, and cheques during the review-period (2016-20e). The report also analyzes vari......
  • Banking Smart Cards Market Status and Trend Analysis 2017-2026 (COVID-19 Version)
    Published: 19-Dec-2020        Price: US 3000 Onwards        Pages: 107
    Summary Further key aspects of the report indicate that: Chapter 1: Research Scope: Product Definition, Type, End-Use & Methodology Chapter 2: Global Industry Summary Chapter 3: Market Dynamics Chapter 4: Global Market Segmentation by region, type and End-Use Chapter 5: North America Market Segmentation by region, type and End-Use Chapter 6: Europe Market Segmentation by region, type and End-Use Chapter 7: Asia-Pacific Market Segmen......
  • Mexico Cards and Payments - Opportunities and Risks to 2024
    Published: 18-Dec-2020        Price: US 2750 Onwards        Pages: 90
    Mexico Cards and Payments - Opportunities and Risks to 2024 Summary GlobalData's ‘Mexico Cards and Payments - Opportunities and Risks to 2024' report provides detailed analysis of market trends in the Mexican cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debits, and cheques during the review-period (2016-20e). The report also analyzes va......
  • Indonesia Cards and Payments - Opportunities and Risks to 2024
    Published: 17-Dec-2020        Price: US 2750 Onwards        Pages: 87
    Indonesia Cards and Payments - Opportunities and Risks to 2024 Summary GlobalData's ‘Indonesia Cards and Payments - Opportunities and Risks to 2024' report provides detailed analysis of market trends in the Indonesian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, and cheques during the review-period (2016-20e). The report also analyzes various payment card marke......
  • Global Cards and Payments Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery
    Published: 15-Dec-2020        Price: US 3500 Onwards        Pages: 117
    Based on the Cards and Payments market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed ......
  • Financial Smart Cards Market Status and Trend Analysis 2017-2026 (COVID-19 Version)
    Published: 06-Dec-2020        Price: US 3000 Onwards        Pages: 91
    Summary Further key aspects of the report indicate that: Chapter 1: Research Scope: Product Definition, Type, End-Use & Methodology Chapter 2: Global Industry Summary Chapter 3: Market Dynamics Chapter 4: Global Market Segmentation by region, type and End-Use Chapter 5: North America Market Segmentation by region, type and End-Use Chapter 6: Europe Market Segmentation by region, type and End-Use Chapter 7: Asia-Pacific Market Segmentation by......
  • Turkey Cards and Payments - Opportunities and Risks to 2024
    Published: 03-Dec-2020        Price: US 2750 Onwards        Pages: 80
    Turkey Cards and Payments - Opportunities and Risks to 2024 Summary GlobalData's 'Turkey Cards and Payments - Opportunities and Risks to 2024' report provides detailed analysis of market trends in the Turkish cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cards, credit transfers, and cheques during the review-period (2016-20e). The report also analyzes various payment card ma......
  • Cards and Payments Market Status and Trend Analysis 2017-2026 (COVID-19 Version)
    Published: 03-Dec-2020        Price: US 3000 Onwards        Pages: 118
    Summary Further key aspects of the report indicate that: Chapter 1: Research Scope: Product Definition, Type, End-Use & Methodology Chapter 2: Global Industry Summary Chapter 3: Market Dynamics Chapter 4: Global Market Segmentation by region, type and End-Use Chapter 5: North America Market Segmentation by region, type and End-Use Chapter 6: Europe Market Segmentation by region, type and End-Use Chapter 7: Asia-Pacific Market Segmentation by......
  • Spain Cards and Payments - Opportunities and Risks to 2024
    Published: 25-Nov-2020        Price: US 2750 Onwards        Pages: 84
    Spain Cards and Payments - Opportunities and Risks to 2024 Summary GlobalData's 'Spain Cards and Payments - Opportunities and Risks to 2024' report provides detailed analysis of market trends in Spain's cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, direct debits, credit transfers, and cheques during the review-period (2016-20e). The report also analyzes various ......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs