Trends in UK Charge Cards Market Discussed by Timetric in New Report Published at

17 Dec 2013 • by Natalie Aster

LONDON – Nowadays, plastic cards represent the dominant method of non-cash payment in the UK. The number of charge cards in circulation in the country stood at around 6.6 million in 2012. In the same year, just over 80% of all credit and charge cards spending in the UK was made by cardholders, who fully repaid the balance. In 2012, approximately 2.2 billion purchases in the country were made with the use of credit and charge cards, with a cumulative value of these purchases equaling to nearly GBP 140 billion.

Continuous technological advancements in the payment industry, the increasing number of installed ATMs and POS terminals, the expanding rates of internet penetration, as well as the increased number of gift cards are the major factors influencing the growth in the UK charge cards market.

New research report “Emerging Opportunities in the Charge Cards Market in the UK: Market Size, Industry Drivers and Consumer Trends” prepared by Timetric offers a comprehensive examination on the country’s market for charge cards.

The research study presents an in-depth assessment of the current market landscape, uncovers historical industry values, scrutinizes the key market growth drivers and restraints, and also provides insights into the country’s regulative environment in the country. The report evaluates the market attractiveness, contains a comprehensive snapshot of the consumer buying preferences and attitudes, examines the competitive landscape, uncovers valuable information on the industry players, and describes the marketing strategies for selling charge cards, implemented by various institutions in the marketplace. Moreover, the future prospects are outlined for the UK charge cards market in the study.

Report Details:

Emerging Opportunities in the Charge Cards Market in the UK: Market Size, Industry Drivers and Consumer Trends
Published: December, 2013
Pages: 51
Price: US$ 850.00 

Other Countries Charge Cards Markets Research Reports by Timetric Include:

More new research reports by the publisher can be found at Timetric page.


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