Japan Credit Cards Market Share

Market Share of Japan Credit Cards Industry

The credit card market in Japan is highly competitive, with a wide range of credit card options available to consumers. Credit cards are widely accepted, and the market continues to evolve with technological advancements and changing consumer preferences. Major banks and credit card companies dominate the credit card market in Japan. There are some prominent banks in Japan that provide credit card services. It's worth noting that some of these banks may collaborate with credit card companies or issue cards under their brand names.

Additionally, other regional and specialized banks in Japan offer credit cards to their customers. Companies leverage their existing customer base and banking relationships to provide credit card options to their customers. Technological advancements influence the competitive landscape. Mobile payment services, digital wallets, and contactless payment options are gaining popularity in Japan. Credit card companies and financial institutions are adapting to these trends by integrating mobile payment solutions or offering their digital wallet services. Following is the list of credit card companies in Japan: Rakuten Card, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Mizuho Financial Group, and Resona Holdings.

Japan Credit Cards Market Leaders

1. Rakuten Card

2. Mitsubishi UFJ Financial Group

3. Sumitomo Mitsui Financial Group

4. Mizuho Financial Group

5. Resona Holdings

*Disclaimer: Major Players sorted in no particular order