Sweden Cards & Payments Market Landscape Explored by Timetric in Topical Reports Available at MarketPublishers.com29 Feb 2016 • by Natalie Aster
LONDON – Swedish banks plan to expand Swish (extensively used mobile e-commerce application) by the end of this year with a view to capitalise on the rapidly growing e-commerce market. Owned by a consortium of 6 Swedish banks, Swish is currently used only for P2P and in-store payments. Launched in November 2012, Shish has gained extreme popularity, with around 3 million individuals enrolled for this service, and also an average 6 million transactions per month. The trend to expand Swish’s scope will give an impetus to the growth of mobile payments market in Sweden.
In December 2015, MasterCard in association with Swedbank, Nordea and SEB launched the MasterPass digital wallet to provide secure and convenient online payments for local consumers. MasterPass users have an opportunity to shop online without having to enter shipping and payment info with every purchase. Swedish consumers can now use MasterPass for in-app and online shopping, furthermore, the service will be extended to retail payments in the offing.
The topical research study by Timetric The Cards and Payments Industry in Sweden: Emerging Trends and Opportunities to 2019 offers a detailed analysis of the Sweden cards and payments market landscape and also uncovers reliable data on the market performance both historical and forecast. It gives an insightful overview of the major growth drivers and restraints as well as outlines the possible opportunities and challenges. The report delves deep into the market segmentation, characterises the competitive landscape and discloses data on market players. Moreover, an overview of the market trends and discussions of key concerns and issues are at hand in the report.
The Cards and Payments Industry in Sweden: Emerging Trends and Opportunities to 2019
Date: February, 2016
Price: US$ 3,995.00
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