High Internet & Mobile Penetration in Peru is Expected to Increase Growth in The Card and Payments Market
The research report
provides in depth analysis and insights into the Peru Cards and Payments Market and
competitive landscape (card issuers in the country) for both debit cards and
credit cards. The study includes 3 years historical market size and 6 years
market forecast in terms of number of cards, value and volume of transactions
processed through these cards, and other key metrics. The report also provides
information on the key industry trends, major schemes, banks and detailed
segmentation of card and payment industry. The research report is a new
offering from the company’s Financial Services domain, and leveraged from the
company’s existing cards and payments database of 50+ countries.
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Detailed TOC on “Peru Cards and Payments Market” at: https://www.psmarketresearch.com/market-analysis/peru-databook-cards-payments-market
In terms of number of cards in circulation, the Peru
payment cards market grew at a CAGR of 7.6% during the period 2012-2014 and it
is expected to grow further over the forecast period. In 2012, Peru’s GDP per
capita was USD 6,325, which is likely to increase further over the period 2015–2020,
to reach USD 6,882 in 2020. This increase is expected to increase the cards
usage over the forecast period. Also Peru’s population grew steadily from 30.4
million in 2012 to 31.4 million in 2014, and is expected to reach 34.4 million
by 2020. The increase in population is expected to encourage card spending over
the forecast period.
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