+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Store Cards in South Korea

  • PDF Icon

    Report

  • 21 Pages
  • November 2023
  • Region: South Korea
  • Euromonitor International
  • ID: 1541825
Store cards in South Korea is experiencing a trend of stagnant growth. Despite the enduring appeal of store cards and their unique set of benefits, the growth rates in both 2022 and 2023 feature stabilisation rather than substantial expansion. Hyundai Department Store dominates the category, and is particularly intriguing due to its distinctive features as it underscores the importance of tailored, brand-centric offerings in capturing and retaining consumer loyalty.

The Store Card Transactions in South Korea 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.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Store Card Transactions 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

KEY DATA FINDINGS
2023 DEVELOPMENTS
  • Undynamic store cards dominated by Hyundai Department Store
  • App-based store card function to provide convenient payment method
PROSPECTS AND OPPORTUNITIES
  • Importance of store cards to secure customers with increasing expenditure in department stores
  • Department stores aim to capture attention of younger generations
CATEGORY DATA
  • Table 1 Store Cards: Number of Cards in Circulation 2018-2023
  • Table 2 Store Cards Transactions 2018-2023
  • Table 3 Store Cards in Circulation: % Growth 2018-2023
  • Table 4 Store Cards Transactions: % Growth 2018-2023
  • Table 5 Store Cards: Number of Cards by Issuer 2018-2022
  • Table 6 Store Cards: Payment Transaction Value by Issuer 2018-2022
  • Table 7 Forecast Store Cards: Number of Cards in Circulation 2023-2028
  • Table 8 Forecast Store Cards Transactions 2023-2028
  • Table 9 Forecast Store Cards in Circulation: % Growth 2023-2028
  • Table 10 Forecast Store Cards Transactions: % Growth 2023-2028
FINANCIAL CARDS AND PAYMENTS IN SOUTH KOREA
EXECUTIVE SUMMARY
  • Financial cards and payments in 2023: The big picture
  • 2023 key trends
  • Overview of financial cards in South Korea
  • Competitive landscape
  • What next for financial cards and payments?
MARKET INDICATORS
  • Table 11 Number of POS Terminals: Units 2018-2023
  • Table 12 Number of ATMs: Units 2018-2023
  • Table 13 Value Lost to Fraud 2018-2023
  • Table 14 Card Expenditure by Location 2023
  • Table 15 Financial Cards in Circulation by Type: % Number of Cards 2018-2023
  • Table 16 Domestic versus Foreign Spend 2023
MARKET DATA
  • Table 17 Financial Cards by Category: Number of Cards in Circulation 2018-2023
  • Table 18 Financial Cards by Category: Number of Accounts 2018-2023
  • Table 19 Financial Cards Transactions by Category: Value 2018-2023
  • Table 20 Financial Cards by Category: Number of Transactions 2018-2023
  • Table 21 Consumer Payments by Category: Value 2018-2023
  • Table 22 Consumer Payments by Category: Number of Transactions 2018-2023
  • Table 23 M-Commerce by Category: Value 2018-2023
  • Table 24 M-Commerce by Category: % Value Growth 2018-2023
  • Table 25 Financial Cards: Number of Cards by Issuer 2018-2022
  • Table 26 Financial Cards: Number of Cards by Operator 2018-2022
  • Table 27 Financial Cards: Card Payment Transactions Value by Operator 2018-2022
  • Table 28 Financial Cards: Card Payment Transactions Value by Issuer 2018-2022
  • Table 29 Forecast Financial Cards by Category: Number of Cards in Circulation 2023-2028
  • Table 30 Forecast Financial Cards by Category: Number of Accounts 2023-2028
  • Table 31 Forecast Financial Cards Transactions by Category: Value 2023-2028
  • Table 32 Forecast Financial Cards by Category: Number of Transactions 2023-2028
  • Table 33 Forecast Consumer Payments by Category: Value 2023-2028
  • Table 34 Forecast Consumer Payments by Category: Number of Transactions 2023-2028
  • Table 35 Forecast M-Commerce by Category: Value 2023-2028
  • Table 36 Forecast M-Commerce by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources