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Financial Cards and Payments in Japan

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    Report

  • 50 Pages
  • November 2023
  • Region: Japan
  • Euromonitor International
  • ID: 1214810
Japan’s transition to a cashless society has been accelerating in 2023. The Ministry of Economy, Trade and Industry (METI) developed the “Cashless Vision” in 2018, aiming to increase the cashless payment ratio to 40% by 2025. Due to COVID-19, cashless payment transactions witnessed significant growth over the review period. Credit cards are playing a pivotal role in propelling the cashless payment trend in Japan.

The Financial Cards and Payments in Japan 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, Mobile Payments, 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 JAPAN
EXECUTIVE SUMMARY
  • Financial cards and payments in 2023: The big picture
  • 2023 key trends
  • Commercial credit card payments show potential
  • Competitive landscape
  • What next for financial cards and payments?
MARKET INDICATORS
  • Table 1 Number of POS Terminals: Units 2018-2023
  • Table 2 Number of ATMs: Units 2018-2023
  • Table 3 Value Lost to Fraud 2018-2023
  • Table 4 Card Expenditure by Location 2023
  • Table 5 Financial Cards in Circulation by Type: % Number of Cards 2018-2023
  • Table 6 Domestic versus Foreign Spend 2023
MARKET DATA
  • Table 7 Financial Cards by Category: Number of Cards in Circulation 2018-2023
  • Table 8 Financial Cards by Category: Number of Accounts 2018-2023
  • Table 9 Financial Cards Transactions by Category: Value 2018-2023
  • Table 10 Financial Cards by Category: Number of Transactions 2018-2023
  • Table 11 Consumer Payments by Category: Value 2018-2023
  • Table 12 Consumer Payments by Category: Number of Transactions 2018-2023
  • Table 13 M-Commerce by Category: Value 2018-2023
  • Table 14 M-Commerce by Category: % Value Growth 2018-2023
  • Table 15 Financial Cards: Number of Cards by Issuer 2018-2022
  • Table 16 Financial Cards: Number of Cards by Operator 2018-2022
  • Table 17 Financial Cards: Card Payment Transactions Value by Operator 2018-2022
  • Table 18 Financial Cards: Card Payment Transactions Value by Issuer 2018-2022
  • Table 19 Forecast Financial Cards by Category: Number of Cards in Circulation 2023-2028
  • Table 20 Forecast Financial Cards by Category: Number of Accounts 2023-2028
  • Table 21 Forecast Financial Cards Transactions by Category: Value 2023-2028
  • Table 22 Forecast Financial Cards by Category: Number of Transactions 2023-2028
  • Table 23 Forecast Consumer Payments by Category: Value 2023-2028
  • Table 24 Forecast Consumer Payments by Category: Number of Transactions 2023-2028
  • Table 25 Forecast M-Commerce by Category: Value 2023-2028
  • Table 26 Forecast M-Commerce by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources
DEBIT CARDS IN JAPANKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Merged credit card/debit card in the new concept of flexible pay
  • Campaigns continue to be effective in terms of increasing awareness
  • Young consumers utilise debit cards as their first step into card usage
PROSPECTS AND OPPORTUNITIES
  • “Brand debit” will continue to show stronger potential
  • Outbound tourism set to support growth in debit cards
  • Growth of digital brands increases cardless debit cards
CATEGORY DATA
  • Table 27 Debit Cards: Number of Cards in Circulation 2018-2023
  • Table 28 Debit Cards Transactions 2018-2023
  • Table 29 Debit Cards in Circulation: % Growth 2018-2023
  • Table 30 Debit Cards Transactions: % Growth 2018-2023
  • Table 31 Debit Cards: Number of Cards by Issuer 2018-2022
  • Table 32 Debit Cards: Number of Cards by Operator 2018-2022
  • Table 33 Debit Cards Payment Transaction Value by Issuer 2018-2022
  • Table 34 Debit Cards Payment Transaction Value by Operator 2018-2022
  • Table 35 Forecast Debit Cards: Number of Cards in Circulation 2023-2028
  • Table 36 Forecast Debit Cards Transactions 2023-2028
  • Table 37 Forecast Debit Cards in Circulation: % Growth 2023-2028
  • Table 38 Forecast Debit Cards Transactions: % Growth 2023-2028
CREDIT CARDS IN JAPANKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Commercial credit cards drives value growth
  • Numberless on-trend for security
  • Campaigns effective at pushing new initiatives
PROSPECTS AND OPPORTUNITIES
  • Contactless expands to rail companies, further accelerating the move to a cashless society
  • Credit cards will be the key driver towards a cashless society
  • V Point and T-Point to merge and create a massive loyalty ecosystem
CATEGORY DATA
  • Table 39 Credit Cards: Number of Cards in Circulation 2018-2023
  • Table 40 Credit Cards Transactions 2018-2023
  • Table 41 Credit Cards in Circulation: % Growth 2018-2023
  • Table 42 Credit Cards Transactions: % Growth 2018-2023
  • Table 43 Commercial Credit Cards: Number of Cards in Circulation 2018-2023
  • Table 44 Commercial Credit Cards Transactions 2018-2023
  • Table 45 Commercial Credit Cards in Circulation: % Growth 2018-2023
  • Table 46 Commercial Credit Cards Transactions: % Growth 2018-2023
  • Table 47 Personal Credit Cards: Number of Cards in Circulation 2018-2023
  • Table 48 Personal Credit Cards Transactions 2018-2023
  • Table 49 Personal Credit Cards in Circulation: % Growth 2018-2023
  • Table 50 Personal Credit Cards Transactions: % Growth 2018-2023
  • Table 51 Credit Cards: Number of Cards by Issuer 2018-2022
  • Table 52 Credit Cards: Number of Cards by Operator 2018-2022
  • Table 53 Credit Cards Payment Transaction Value by Issuer 2018-2022
  • Table 54 Credit Cards Payment Transaction Value by Operator 2018-2022
  • Table 55 Commercial Credit Cards: Number of Cards by Issuer 2018-2022
  • Table 56 Commercial Credit Cards: Number of Cards by Operator 2018-2022
  • Table 57 Commercial Credit Cards Payment Transaction Value by Issuer 2018-2022
  • Table 58 Commercial Credit Cards Payment Transaction Value by Operator 2018-2022
  • Table 59 Personal Credit Cards: Number of Cards by Issuer 2018-2022
  • Table 60 Personal Credit Cards: Number of Cards by Operator 2018-2022
  • Table 61 Personal Credit Cards Payment Transaction Value by Issuer 2018-2022
  • Table 62 Personal Credit Cards Payment Transaction Value by Operator 2018-2022
  • Table 63 Forecast Credit Cards: Number of Cards in Circulation 2023-2028
  • Table 64 Forecast Credit Cards Transactions 2023-2028
  • Table 65 Forecast Credit Cards in Circulation: % Growth 2023-2028
  • Table 66 Forecast Credit Cards Transactions: % Growth 2023-2028
  • Table 67 Forecast Commercial Credit Cards: Number of Cards in Circulation 2023-2028
  • Table 68 Forecast Commercial Credit Cards Transactions 2023-2028
  • Table 69 Forecast Commercial Credit Cards in Circulation: % Growth 2023-2028
  • Table 70 Forecast Commercial Credit Cards Transactions: % Growth 2023-2028
  • Table 71 Forecast Personal Credit Cards: Number of Cards in Circulation 2023-2028
  • Table 72 Forecast Personal Credit Cards Transactions 2023-2028
  • Table 73 Forecast Personal Credit Cards in Circulation: % Growth 2023-2028
  • Table 74 Forecast Personal Credit Cards Transactions: % Growth 2023-2028
PRE-PAID CARDS IN JAPANKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Shift to online (mobile) payment accelerates as semiconductor shortage hits physical cards
  • Tosho cards available online
  • Quo Card strong for digital gift-giving
PROSPECTS AND OPPORTUNITIES
  • Contact touch-on (contactless) credit cards will become a threat
  • Japan plans to implement payroll cards using pre-paid cards
  • Pre-paid cards can help support financial inclusivity
CATEGORY DATA
  • Table 75 Pre-paid Cards: Number of Cards in Circulation 2018-2023
  • Table 76 Pre-paid Cards Transactions 2018-2023
  • Table 77 Pre-paid Cards in Circulation: % Growth 2018-2023
  • Table 78 Pre-paid Cards Transactions: % Growth 2018-2023
  • Table 79 Closed Loop Pre-paid Cards Transactions 2018-2023
  • Table 80 Closed Loop Pre-paid Cards Transactions: % Growth 2018-2023
  • Table 81 Open Loop Pre-paid Cards Transactions 2018-2023
  • Table 82 Open Loop Pre-paid Cards Transactions: % Growth 2018-2023
  • Table 83 Pre-paid Cards: Number of Cards by Issuer 2018-2022
  • Table 84 Pre-paid Cards: Number of Cards by Operator 2018-2022
  • Table 85 Pre-paid Cards Transaction Value by Issuer 2018-2022
  • Table 86 Pre-paid Cards Transaction Value by Operator 2018-2022
  • Table 87 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2018-2022
  • Table 88 Closed Loop Pre-paid Cards: Number of Cards by Operator 2018-2022
  • Table 89 Closed Loop Pre-paid Cards Transaction Value by Issuer 2018-2022
  • Table 90 Closed Loop Pre-paid Cards Transaction Value by Operator 2018-2022
  • Table 91 Open Loop Pre-paid Cards: Number of Cards by Issuer 2018-2022
  • Table 92 Open Loop Pre-paid Cards: Number of Cards by Operator 2018-2022
  • Table 93 Open Loop Pre-paid Cards Transaction Value by Issuer 2018-2022
  • Table 94 Open Loop Pre-paid Cards Transaction Value by Operator 2018-2022
  • Table 95 Forecast Pre-paid Cards: Number of Cards in Circulation 2023-2028
  • Table 96 Forecast Pre-paid Cards Transactions 2023-2028
  • Table 97 Forecast Pre-paid Cards in Circulation: % Growth 2023-2028
  • Table 98 Forecast Pre-paid Cards Transactions: % Growth 2023-2028
  • Table 99 Forecast Closed Loop Pre-paid Cards Transactions 2023-2028
  • Table 100 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2023-2028
  • Table 101 Forecast Open Loop Pre-paid Cards Transactions 2023-2028
  • Table 102 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2023-2028
STORE CARDS IN JAPANKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Gaisho cards still valued by affluent consumers
  • Gaisho cards are increasingly shifting to co-branded credit cards
  • Store cards offer an investment service
PROSPECTS AND OPPORTUNITIES
  • Number of affluent consumers set to increase in Japan
  • Maintaining emotional loyalty to retain consumers
  • Premium co-branded credit cards will be a threat
CATEGORY DATA
  • Table 103 Store Cards: Number of Cards in Circulation 2018-2023
  • Table 104 Store Cards Transactions 2018-2023
  • Table 105 Store Cards in Circulation: % Growth 2018-2023
  • Table 106 Store Cards Transactions: % Growth 2018-2023
  • Table 107 Store Cards: Number of Cards by Issuer 2018-2022
  • Table 108 Store Cards: Payment Transaction Value by Issuer 2018-2022
  • Table 109 Forecast Store Cards: Number of Cards in Circulation 2023-2028
  • Table 110 Forecast Store Cards Transactions 2023-2028
  • Table 111 Forecast Store Cards in Circulation: % Growth 2023-2028
  • Table 112 Forecast Store Cards Transactions: % Growth 2023-2028