Published : Apr-2017
No. of Pages : 50
EXECUTIVE SUMMARY 2
1.1. Market overview 2
1.2. Key facts 3
1.3. Top five industry events 4
2. PAYMENT INSTRUMENTS 10
2.1. Current payment environment 10
3. E-COMMERCE AND ALTERNATIVE PAYMENTS 12
3.1. E-Commerce market analysis 12
3.2. Alternative payment solutions 14
3.2.1. BBVA Wallet 14
3.2.2. Aval Pay 14
3.2.3. Bancolombia wallet 14
3.2.4. Plazez 14
3.2.5. Visa Checkout 15
4. REGULATIONS IN THE CARDS AND PAYMENTS INDUSTRY 16
4.1. Regulatory framework 16
4.1.1. Regulation governing electronic payments 16
4.2. Anti-money laundering 17
4.3. Foreign direct investment regulations 17
5. ANALYSIS OF CARDS AND PAYMENTS INDUSTRY DRIVERS 18
6. PAYMENT CARDS 21
7. DEBIT CARDS 23
7.1. Debit cards market analysis 23
7.2. Competition in the debit cards market 25
7.3. Debit cards comparison 27
8. PAY LATER CARDS 28
8.1. Pay later cards market analysis 28
8.2. Competition in the pay later cards market 30
8.3. Pay later cards comparison 32
9. PREPAID CARDS 33
10. APPENDIX 35
10.1. Abbreviations and acronyms 35
10.2. Supplementary data 36
10.3. Definitions 44
10.4. Common payment card features 45
10.5. Methodology 46
10.6. Bibliography 48
10.7. Further reading 48
List of Tables
Table 1: Colombia, Key Facts, 2016 3
Table 2: Colombia, Regional Benchmarking of Payment Cards, 2016 3
Table 3: Colombia, Mode of Entry of Foreign Banks 17
Table 4: Colombia, Debit Cards Comparison and Key Features, 2017 27
Table 5: Colombia, Gold Credit Cards Comparison and Key Features, 2017 32
Table 6: Colombia, Premium Credit Cards Comparison and Key Features, 2017 32
Table 7: Colombia, Payment Instrument Transaction Values (COP Trillion), 2012-2016 36
Table 8: Colombia, Payment Instrument Transaction Values (US$ Billion), 2012-2016 36
Table 9: Colombia, Payment Instrument Transaction Volumes (Million), 2012-2016 36
Table 10: Colombia, Payment Cards in Circulation by Type (Million), 2012-2020 36
Table 11: Colombia, Volume of Payment Card Transactions (Million), 2012-2020 37
Table 12: Colombia, Value of Payment Card Transactions (COP Trillion), 2012-2020 37
Table 13: Colombia, Value of Payment Card Transactions (US$ Billion), 2012-2020 37
Table 14: Colombia, Debit Cards in Circulation (Million), 2012-2020 37
Table 15: Colombia, Debit Card Transaction Volumes, 2012-2020 38
Table 16: Colombia, Debit Card Transaction Values (COP), 2012-2020 38
Table 17: Colombia, Debit Card Transaction Values (US$), 2012-2020 38
Table 18: Colombia, Debit Cards in Circulation by Scheme (Million), 2012-2016 39
Table 19: Colombia, Debit Card Transaction Values by Scheme (COP Trillion), 2012-2016 39
Table 20: Colombia, Debit Card Transaction Values by Scheme (US$ Billion), 2012-2016 39
Table 21: Colombia, Debit Card Transaction Values by Issuer (COP Trillion), 2012-2016 39
Table 22: Colombia, Debit Card Transaction Values by Issuer (US$ Billion), 2012-2016 40
Table 23: Colombia, Pay Later Cards in Circulation (Million), 2012-2020 40
Table 24: Colombia, Pay Later Card Transaction Volumes, 2012-2020 40
Table 25: Colombia, Pay Later Card Transaction Values (COP), 2012-2020 41
Table 26: Colombia, Pay Later Card Transaction Values (US$), 2012-2020 41
Table 27: Colombia, Pay Later Cards in Circulation by Scheme (Thousand), 2012-2016 41
Table 28: Colombia, Pay Later Card Transaction Values by Scheme (COP Trillion), 2012-2016 42
Table 29: Colombia, Pay Later Card Transaction Values by Scheme (US$ Billion), 2012-2016 42
Table 30: Colombia, Pay Later Card Transaction Values by Issuer (COP Trillion), 2012-2016 42
Table 31: Colombia, Pay Later Card Transaction Values by Issuer (US$ Billion), 2012-2016 43
Table 32: Colombia, Prepaid Cards in Circulation (Million), 2012-2020 43
Table 33: Colombia, Prepaid Card Transaction Values (COP Billion), 2012-2020 43
Table 34: Colombia, Prepaid Card Transaction Values (US$ Million), 2012-2020 43
Table 35: Definitions of Commonly Used Terms 44
Table 36: Common Features of Payment Cards 45
List of Figures
Figure 1: Colombia, Payment Instrument Shares by Transaction Value (%), 2012 vs 2016 10
Figure 2: Colombia, Payment Instrument Shares by Transaction Volume (%), 2012 vs 2016 11
Figure 3: Colombia, E-Commerce Value 12
Figure 4: Colombia, Population and Economic Indicators 18
Figure 5: Colombia, ATMs, POS Terminals and Household Consumption 19
Figure 6: Colombia, Payment Cards Transaction Value and Cards in Circulation, 2012-2020 21
Figure 7: Colombia, Debit Card Penetration and Turnover Per Card 23
Figure 8: Colombia, Debit Cards Scheme and Issuer Transaction Value Share, 2016 25
Figure 9: Colombia, Pay Later Card Penetration and Turnover Per Card 28
Figure 10: Colombia, Pay Later Cards Scheme and Issuer Transaction Value Share, 2016 30
Figure 11: Colombia, Prepaid Cards in Circulation and Transaction Value, 2012-2020 33
