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Indonesia Prepaid Cards Market Size to Reach US$ 59.1 Billion by 2027

According to IMARC Group’s latest report, titled “Indonesia Prepaid Cards Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the Indonesia prepaid cards market reached a value of US$ 22.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 59.1 Billion by 2027, exhibiting at a CAGR of 17.8% during 2022-2027. Prepaid cards, or stored-value cards, are a type of credit card that deploy preloaded transaction funds. They are available on various stores and online platforms in different variants, such as open-loop and closed-loop.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request for a PDF sample of this report: https://www.imarcgroup.com/indonesia-prepaid-cards-market/requestsample

Indonesia Prepaid Cards Market Trends/Drivers:

The Indonesia prepaid cards market is majorly being driven by the various initiatives undertaken by the Government of Indonesia through several projects and schemes, such as the cashless toll road scheme in 2017. Moreover, the widespread adoption of point of service (POS), ATM facilities and EDC terminals and the rising consumer inclination towards prepaid cards are propelling the market growth. Additionally, the accelerating penetration of smartphones, rising internet penetration and the growth of the e-commerce industry are propelling the market growth. Additionally, the rising utilization of prepaid cards in different verticals, such as corporates, business, retail and government organizations, are creating a positive outlook for the market across Indonesia. 

Competitive Landscape:

  • Mandiri Bank
  • Bank DKI
  • Bank Negara Indonesia
  • Bank Central Asia
  • Bank Rakyat Indonesia
  • Bank BNI

Historical, Current and Future Market Trends

Market Breakup by Card Type

  • Closed Loop Cards
  • Open Loop Cards

Market Breakup by Purpose

  • Transportation
  • Gas/Fuel
  • Food and Beverages
  • Others

Market Breakup by Vertical

  • Retail
  • Corporate/Organization
  • Government
  • Others

Market Breakup by Region

  • Java
  • Sumatra
  • Kalimantan
  • Sulawesi
  • Others

Ask Analyst for Customization and Explore full report with TOC & List of Figureshttps://www.imarcgroup.com/request?type=report&id=1614&flag=C

Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:                                                           

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us                                                                      

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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IMARC Group

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Email: Sales@imarcgroup.com

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Eleena Wills
Hi, I’m Eleena Wills. Being a writer and blogger, I strive to provide informative and valuable articles to people. With quality, constructive, and well-researched articles, one can make informed choices. I cover a wide range of topics, from home improvement to hair styling and automotive.
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