Toll Free: 1-888-928-9744

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

Published: Nov 17, 2015 | Pages: 86 | Publisher: Timetric | Industry: Financial Services | Report Format: Electronic (PDF)

Synopsis
Timetric's 'The Cards and Payments Industry in the US: Emerging Trends and Opportunities to 2019' report provides detailed analysis of market trends in the US cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including check payments, credit transfers, direct debits, payment cards and cash transactions 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 Timetric'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 and profiles of card issuers operating in the country.
Summary
Timetric's 'The Cards and Payments Industry in the US: Emerging Trends and Opportunities to 2019' report provides top-level market analysis, information and insights into the US cards and payments industry, including: Current and forecast values for each market in the US cards and payments industry, including debit card, credit and charge cards. It also includes detailed analysis of the prepaid card market. Detailed insights into payment instruments including credit transfers, cash transactions, checks, direct debits and payment cards. It also, includes an overview of the country's key alternative payment instruments. E-commerce market analysis and online payment types. Analysis of various market drivers and regulations governing the US 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 US cards and payments industry.
Scope
This report provides a comprehensive analysis of the US cards and payments industry. It provides current values for the US cards and payments industry for 2014, and forecast figures to 2019. It details the different demographic, economic, infrastructural and business drivers affecting the US 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 US cards and payments industry.
Reasons To Buy
Make strategic business decisions, using top-level historic and forecast market data, related to the US cards and payments industry and each market within it. Understand the key market trends and growth opportunities in the US cards and payments industry. Assess the competitive dynamics in the US cards and payments industry. Gain insights into marketing strategies used for various card types in the US. Gain insights into key regulations governing the US cards and payments industry.
Key Highlights
The Europay, MasterCard, Visa (EMV) liability shift, as agreed by US card networks, was enforced on October 1, 2015. The liability shift requires that the least secure party in a transaction is liable for costs resulting from fraudulent transactions in a non-EMV environment. Consequently, merchants are at risk if they fail to install EMV-compliant infrastructure. To compete with Apple Pay, Google launched a new m-payment service, Android Pay, in March 2015, allowing consumers to use an Android phone to pay for goods and services at POS terminals using contactless technology. Following the launch of Android Pay, South Korean company Samsung Electronics launched Samsung Pay in September 2015. Other competitors entering the m-payment market are CurrentC and Chase Pay. These initiatives are expected to advance the development of m-payment in the US. In September 2015, the US government announced plans to accept Apple Pay payments for social security benefits, national park admissions and other similar services. The deal will enable social security and veterans' benefits recipients to add government-issued debit cards to Apple Pay. As nearly 50% of the population benefits from some form of federal welfare scheme, this initiative will drive m-payments in the country. The US government's endorsement of Apple Pay is expected to enhance the contactless payment infrastructure over the forecast period (2015-2019).
 Table of Contents
1 Definitions and Methodology 1.1 Definitions 1.2 Methodology 2 Key Facts and Events 3 Executive Summary 4 Payment Instruments 4.1 Current Payment Environment 5 E-Commerce 5.1 E-Commerce Market Analysis 6 Alternative Payments 6.1 Alternative Payment Instruments 6.1.1 Samsung Pay 6.1.2 Android Pay 6.1.3 Apple Pay 6.1.4 Starbucks mobile wallet 6.1.5 Dunkin Donuts mobile wallet 6.1.6 Capital One wallet 6.1.7 PayPal 6.1.8 CurrentC 6.1.9 MasterPass 6.1.10 Chase Pay 7 Regulations in the Cards and Payments Industry 7.1 Regulatory Framework 7.1.1 Security regulations and guidelines 7.1.2 Guidelines for prepaid card issuers 7.2 Anti-Money Laundering (AML) 7.3 Foreign Direct Investment (FDI) Regulations 8 Analysis of Cards and Payments Industry Drivers 8.1 Demographic Drivers 8.2 Economic Drivers 8.3 Infrastructure Drivers 8.4 Business Drivers 9 Market Segmentation and New Product Launches 9.1 Market Segmentation and Targeting 9.1.1 Consumer cards 9.1.2 Commercial cards 9.2 New Product Launches 10 Payment Cards 10.1 Payment Cards Analysis 10.1.1 Volume and value of payment card transactions by type 10.1.2 Personal vs commercial cards 10.1.3 EMV migration 11 Debit Cards 11.1 Debit Card Market Analysis 11.1.1 Debit card transaction volumes and values by channel 11.1.2 Debit card scheme and issuer shares in terms of transaction value 11.1.3 Debit cards comparison 12 Credit Cards 12.1 Credit Card Market Analysis 12.1.1 Credit card transaction volumes and values by channel 12.1.2 Credit card scheme and issuer shares in terms of transaction value 12.1.3 Credit cards comparison 13 Charge Cards 13.1 Charge Card Market Analysis 13.1.1 Charge card transaction volumes and values by channel 13.1.2 Charge card scheme shares in terms of transaction value 13.1.3 Charge cards comparison 14 Commercial Cards 14.1 Commercial Card Market Analysis 14.1.1 Commercial cards comparison 15 Card Issuers 15.1 JPMorgan Chase & Co. 15.2 Bank of America Corporation 15.3 American Express Company 15.4 Wells Fargo & Company 15.5 Citibank 16 Prepaid Cards 16.1 Prepaid Card Market Analysis 16.1.1 Prepaid cards comparison 17 Private Label Cards 17.1 Private Label Card Market Analysis 17.1.1 Private label cards comparison 18 Merchant Acquiring 18.1 Merchant Acquiring Market Analysis 19 Appendix 19.1 Tables 19.2 Contact Timetric 19.3 About Timetric 19.4 Timetric's Services 19.5 Disclaimer
List of Tables
Table 1: Key Definitions Table 2: The US - Key Facts, 2014 Table 3: Regional Benchmarking of the US Payment Cards, 2014 Table 4: The US - Mode of Entry of Foreign Banks Table 5: Cards for High-Income Consumers, 2015 Table 6: Cards for Travelers, 2015 Table 7: Cards for Students and Young Population, 2015 Table 8: Cashback Credit Cards, 2015 Table 9: Shopping Reward Credit Cards, 2015 Table 10: Balance Transfer Cards, 2015 Table 11: Cards for Consumers with Bad Credit History, 2015 Table 12: Commercial Cards Comparison and Key Features, 2015 Table 13: The US - New Product Launches Table 14: The US - Debit Cards Comparison and Key Features, 2015 Table 15: The US - Premium Credit Cards Comparison and Key Features, 2015 Table 16: The US - Charge Cards Comparison and Key Features, 2015 Table 17: The US - Commercial Cards Comparison and Key Features, 2015 Table 18: The US - Prepaid Cards Comparison and Key Features, 2015 Table 19: The US - Private Label Credit Cards Comparison and Key Features, 2015 Table 20: The US - Payment Instrument Transaction Values (US$ Trillion), 2010-2014 Table 21: The US - Payment Instrument Transaction Volumes (Billion), 2010-2014 Table 22: The US - Number of Payment Cards in Circulation by Type (Million), 2010-2019 Table 23: The US - Volume of Payment Card Transactions by Type (Billion), 2010-2019 Table 24: The US - Value of Payment Card Transactions by Type (US$ Billion), 2010-2019 Table 25: The US - Personal and Commercial Card Transaction Volumes (Billion), 2010-2019 Table 26: The US - Personal and Commercial Card Transaction Values (US$ Billion), 2010-2019 Table 27: The US - Number of Debit Cards in Circulation (Million), 2010-2019 Table 28: The US - Debit Card Transaction Volumes and Frequency by Channel, 2010-2019 Table 29: The US - Debit Card Total and Average Transaction Value by Channel, 2010-2019 Table 30: The US - Number of Debit Cards in Circulation By Scheme (Million), 2010-2014 Table 31: The US - Debit Card Transaction Values By Scheme (US$ Billion), 2010-2014 Table 32: The US - Debit Card Transaction Values by Issuer (US$ Billion), 2010-2014 Table 33: The US - Number of Credit Cards in Circulation (Million), 2010-2019 Table 34: The US - Credit Card Transaction Volumes and Frequency by Channel, 2010-2019 Table 35: The US - Credit Card Total and Average Transaction Values by Channel, 2010-2019 Table 36: The US - Number of Credit Cards in Circulation By Scheme (Million), 2010-2014 Table 37: The US - Credit Card Transaction Values By Scheme (US$ Billion), 2010-2014 Table 38: The US - Pay Later Card Transaction Values By Issuer (US$ Billion), 2010-2014 Table 39: The US - Credit Card Balances Outstanding By Issuer (US$ Billion), 2010-2014 Table 40: The US - Number of Charge Cards in Circulation (Million), 2009-2018 Table 41: The US - Charge Card Transaction Volumes and Frequency by Channel, 2009-2018 Table 42: The US - Charge Card Total and Average Transaction Values by Channel, 2009-2018 Table 43: The US - Number of Charge Cards in Circulation By Scheme (Million), 2010-2014 Table 44: The US - Charge Card Transaction Values By Scheme (US$ Billion), 2009-2014 Table 45: The US - Number of Commercial Cards in Circulation (Million), 2010-2019 Table 46: The US - Commercial Card Transaction Values (US$ Billion), 2010-2019 Table 47: The US - Number of Prepaid Cards in Circulation (Million), 2010-2019 Table 48: The US - Prepaid Card Transaction Values (US$ Billion), 2010-2019 Table 49: The US - Merchant Acquiring Transaction Volumes by Channel (Billion), 2010-2019 Table 50: The US - Merchant Acquiring Transaction Values (US$ Trillion), 2010-2019 Table 51: The US - Acquirers' Transaction Volumes (Billion), 2010-2014 Table 52: The US - Acquirers' Transaction Values (US$ Billion), 2010-2014 Table 53: The US - Retail Outlets and Merchant Accounts (Million), 2010-2019


List of Figures
Figure 1: The US - Payment Instrument Shares by Transaction Value (%), 2010 and 2014 Figure 2: The US - Payment Instrument Shares by Transaction Volume (%), 2010 and 2014 Figure 3: The US - E-Commerce Value (US$ Billion) and Payment Types (%) Figure 4: The US - Total Population and Structure, 2014 Figure 5: The US - Economic Indicators, 2010-2019 Figure 6: The US - Number of ATMs, POS Terminals and Commercial Banks' Branches, 2010-2019 Figure 7: The US - Retail Sales and Household Final Consumption Expenditure Per Capita, 2010-2014 Figure 8: The US - Cards and Payments Industry Segmentation by Card Type, 2015 Figure 9: The US - Growth in Payment Card Transaction Values and Number of Cards in Circulation by Type, 2010-2019 Figure 10: The US - Volume and Value of Payment Card Transactions by Type (%), 2010-2019 Figure 11: The US - Personal and Commercial Card, Transaction Volume and Value (%), 2010-2019 Figure 12: EMV Migration Timeline in the US Figure 13: The US - Growth in Debit Card Transaction Values and Number of Debit Cards in Circulation, 2010-2019 Figure 14: The US - Pay Now, Average Interchange Fees: Intra-Network Transactions (%), 2010-2014 Figure 15: The US - Pay Now, Average Merchant Service Charge: Domestic Transactions (%), 2010-2019 Figure 16: The US - Debit Card Transaction Volumes and Values by Channel, 2010-2019 Figure 17: The US - Debit Card Scheme and Issuer Shares in Terms of Transaction Value (%), 2014 Figure 18: The US - Growth in Credit Card Transaction Values and Number of Credit Cards in Circulation, 2010-2019 Figure 19: The US - Pay Later, Average Interchange Fees: Intra-Network Transactions (%), 2010-2014 Figure 20: The US - Pay Later, Average Merchant Service Charge: Domestic Transactions (%), 2010-2019 Figure 21: The US - Credit Card Transaction Volumes and Values by Channel, 2010-2019 Figure 22: The US - Credit Card Scheme and Issuer Shares in Terms of Transaction Value (%), 2014 Figure 23: The US - Growth in Charge Card Transaction Values and Number of Charge Cards in Circulation, 2010-2019 Figure 24: The US - Charge Card Transaction Volumes and Values by Channel, 2010-2019 Figure 25: The US - Charge Card Scheme Shares in Terms of Transaction Value (%), 2014 Figure 26: The US - Number of Commercial Cards in Circulation and Transaction Values, 2010-2019 Figure 27: The US - Number of Prepaid Cards in Circulation and Transaction Values, 2010-2019 Figure 28: The US - Private Label Card Transaction Volumes and Values, 2010-2013 Figure 29: The US - Merchant Acquiring Transaction Volume and Value, 2010-2019 Figure 30: The US - Acquirers' Share in Terms of Transaction Volume and Value (%), 2014 Figure 31: The US - Number of Retail Outlets and Total Merchant Accounts (Million), 2010-2019

To request a free sample copy of this report, please complete the form below.

This website is secure and your personal details are safe. Privacy policy

Global CoQ10 market size was 687.2 tons in 2014 and is expected to reach 1,168 tons by 2020, growing at a CAGR of 9.2% from 2014 to 2020, according to a new study by Radiant Insights, Inc. Increasing scope in personal care applications is expected to

Read More...

Global data center UPS market size is estimated to reach USD 5.7 billion by 2020, as per a new research report by Radiant Insights, Inc. Declining tolerance levels pertaining to data loss along with amplifying acceptance of cloud computing is likely

Read More...

Global heat transfer fluids market size is likely to be valued at USD 3.7 billion by 2020; as per a new research report by Radiant Insights, Inc. Increasing demand for for heat recovery management in industries such as metal processing, pharmaceutica

Read More...

Global air traffic control equipment market is projected to reach USD 4.2 billion by 2020, as per a new research report by Radiant Insights, Inc. Mounting price sensitivity among customers with introduction of low fare airlines is expected to drive t

Read More...

Global agricultural films market size is anticipated to reach USD 10.5 billion by 2020, as per a new research report by Radiant Insights, Inc. Increasing need to raise agricultural productivity, in order to meet surplus demand by growing population i

Read More...
Choose License Type
Single User - US $2750
Multi User - US $5500
Why Choose Us

24/5 Research support

Get your queries resolved from an industry expert. Request for a free product review before report purchase.

Phone: 1-415-349-0054

Toll Free: 1-888-928-9744

Email: [email protected]

Custom research service

Speak to the report author to design an exclusive study to serve your research needs.

Quality assurance

A testimonial for service excellence represented in the form of BBB "A" Accreditation.

Information security

Your personal and confidential information is safe and secure.

verify