Commercial payment card is a type of card developed by the payment card networks to serve the needs of businessmen working in a variety of industries and individual companies, to make their payment for business activities more convenient.
MUFG accounted for 25.69% of the Volume of Commercial Payment Cards Issued in Japan market; While SMBC and Mizuho accounted for 21.52% and 15.79% respectively. In the same year, Small Business Cards accounted for 87.70% of the Volume of Commercial Payment Cards Issued in Japan market. The average value of payments made using Small Business Cards is 22822 (USD/Unit), and is well below the average value of payments made through Corporate cards.
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Affected by the Japanese economy, the growth rate of the volume of commercial payment cards issued will decrease gradually in the future. Affected by Japanese consumer habits and the rapid change of future life, average value of payments made through commercial payment cards will gradually increase.According to this study, over the next five years the Commercial Payment Cards market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global revenue market share of key companies in Commercial Payment Cards business, shared in Chapter 3.
Some Of The Key Players Profiled In The Commercial Payment Cards Market Include:
Citigroup Inc., JPMorgan Chase& Co., Capital One Financial Corporation, Bank of America Corporation, Discover Financial Services, Synchrony Financial, American Ecpress Company, Wells Fargo& Company, Barclays Plc, U.S. Bancorp, MUFG, SMBC, Mizuho, Resona Bank, SBI Holdings
Segmentation by product type: breakdown data
- Corporate Cards
- Purchase Cards
- Travel and Entertainment Cards
Segmentation by application: breakdown data
Small business card
- Corporate card
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Major Table of Contents: Commercial Payment Cards Market
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Commercial Payment Cards Market, By Security Type
6 Global Commercial Payment Cards Market, By Deployment
7 Global Commercial Payment Cards Market, By Vertical
8 Global Commercial Payment Cards Market, By Organization Size
9 Global Commercial Payment Cards Market, By Geography
10 Key Developments
11 Company Profiling
Benefits of the report for Commercial Payment Cards market
- What are the challenges being faced by the new entrants
- Drivers and restrains of the market
- Key developments in the market
- Market volume
- CAGR value for the forecast period 2019-2024.
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