Aarkstore EnterpriseThe report provides top-level market analysis, information and insights into Lebanon’s cards and paymentsindustry, including: Current and forecast values for each category of Lebanon’s cards and payments industry, including debit cards, credit cards, charge cards and prepaid cardsComprehensive analysis of the industrys market attractiveness and future growth areasAnalysis of various market drivers and regulations governing Lebanon’s cards and payments industryDetailed analysis of the marketing strategies adopted for selling debit, credit, charge and prepaid cards used bybanks and other institutions in the marketComprehensive analysis of consumer attitudes and buying preferences for cardsThe competitive landscape of Lebanon’s cards and payments industryWebsite : http://www. aarkstore.
com/”Aarkstore EnterpriseSummaryLebanese payments cards (including debit, credit and charge cards) registered positive growth during the reviewperiod, recording a compound annual growth rate (CAGR) of 3. 41%, increasing from 1. 6 million cards in circulationin 2009 to 1. 8 million by the end of 2013. In terms of transaction value, payment cards valued LBP15. 5 trillion(US$10.
3 billion) in 2013, after registering a review-period (20092013) CAGR of 12. 07%. The introduction ofimproved cards, rising consumer awareness for electronic payments, adoption of advanced technologies such asPayWave and PayPass feature, EMV technology and contactless cards all…