Tuesday 28 April 2015

The Cards and Payments Industry in the UK: Emerging Trends and Opportunities to 2019; New Report Launched

The Cards and Payments Industry in the UK: Emerging Trends and Opportunities to 2019

The Cards and Payments Industry in the UK: Emerging Trends and Opportunities to 2019 report provides detailed analysis of market trends in the UK's cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, check payments, cash transactions, payment cards and direct debits during the review period (2010–2014).

The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, and transaction values and volumes during the review period and over the forecast period (2015–2019). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.

The report brings together Publisher’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies, recent changes in regulatory structure, card fraud statistics, and profiles of card issuers operating in the country.

The Cards and Payments Industry in the UK: Emerging Trends and Opportunities to 2019 report provides top-level market analysis, information and insights into the UK's cards and payments industry, including:
  • Current and forecast values for each market in the UK's cards and payments industry, including debit cards, credit cards and charge cards. It also includes detailed analysis of the prepaid cards market.
  • Detailed insights into payment instruments including credit transfers, check payments, cash transactions, payment cards and direct debits. It also, includes an overview of the country's key alternative payment instruments.
  • Analysis of various market drivers and regulations governing the UK's cards and payments industry.
  • Detailed analysis of strategies adopted by banks and other institutions to market debit, credit and charge cards.
  • Comprehensive analysis of consumer attitudes and buying preferences for cards.
  • The competitive landscape of the UK's cards and payments industry.

Scope
  • This report provides a comprehensive analysis of the UK's cards and payments industry.
  • It provides current values for the UK's cards and payments industry for 2014, and forecast figures to 2019.
  • It details the different economic, infrastructural and business drivers affecting the UK's cards and payments industry.
  • It outlines the current regulatory framework in the industry.
  • It details marketing strategies used by various banks and other institutions.
  • It profiles major banks in the UK's cards and payments industry.

Reasons to Buy
  • Make strategic business decisions, using top-level historic and forecast market data, related to the UK's cards and payments industry and each market within it.
  • Understand the key market trends and growth opportunities in the UK's cards and payments industry.
  • Assess the competitive dynamics in the UK's cards and payments industry.
  • Gain insights into marketing strategies used for various card types in the UK.
  • Gain insights into key regulations governing the UK's cards and payments industry.

Key Highlights
  • The UK is Europe’s largest and most highly competitive industry for payment cards. It accounted for 17.6% of Europe’s total transaction value in 2014, and 20.3% of its transaction volume. The UK payment cards market is mature, with a high penetration of credit and debit cards. Following the financial crisis, banks and card issuers were forced to introduce bespoke product and service offerings in order to retain their market share.
  • Consumers in the UK – especially the younger generation – are showing an inclination towards faster and more secure payment options. This has resulted in mobile operators, traditional and online retailers and other service providers introducing quick and efficient digital payment options. Consequently, payment cards are anticipated to lose share to alternative payment instruments over the forecast period (2015–2019).
  • With the UK’s economy recovering from the crisis and employment opportunities gradually growing from 2013 onwards, consumers have started to use credit cards more frequently. However, consumers are using credit cards for low-value transactions at POS terminals as they look to benefit from low-rate long duration balance transfer facilities and reward programs.

Spanning over 84 pages, 74 Tables and 32 Figures The Cards and Payments Industry in the UK: Emerging Trends and Opportunities to 2019” report covers Definitions and Methodology, Key Facts and Events, Executive Summary, Payment Instruments, Regulations in the Cards and Payments Industry, Analysis of Cards and Payments Industry Drivers, Market Segmentation and New Product Launches, Payment Cards, Debit Cards, Credit Cards, Charge Cards, Commercial Cards, Card Fraud Statistics, Card Issuers, Prepaid Cards, Merchant Acquiring, Appendix. This report Covered 9 Companies - Lloyds Bank, Barclays Bank, HSBC, The Royal Bank of Scotland, Santander UK, American Express, Visa, MasterCard, Diners Club.

For further information on this report, please visit- http://mrr.cm/4PG

Find all Debit / Credit Cards Reports at: http://www.marketresearchreports.com/debit-credit-cards

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