Belgium Cards & Payments Industry Examined by Timetric in Its New In-Demand Report Available at MarketPublishers.com10 Jan 2017 • by Natalie Aster
LONDON – There have been some important developments in the Belgian cards and payments space over the recent years; and the EU regulation pertinent to capping interchange fees for debit and credit cards took place in 2015.
Some of those who participate in this market (namely, merchants) benefited from lower transaction costs, while others (i.e. banks) experienced a decrease of their revenues on payment cards. Lower revenues experienced by card issuers are expected to lead to cuttings of their card-related offerings. The issuers are forecast to start focusing on new ways to obtain revenues.
Electronic payments are set to become increasingly popular in the country following the emergence of mobile-only banks (e.g. Hello Bank! by BNP Paribas) there.
Some banks have started to collaborate in order to carry out their projects (e.g. a unified payment platform for m-payments).
Insightful research report “The Cards and Payments Industry in Belgium: Emerging Trends and Opportunities to 2020” drawn up by Timetric offers a detailed discussion of the performance of the cards and payments industry in Belgium. The study shares key facts and highlights of this industry.
It explores payment instruments and focuses on e-commerce and alternative payments. The report delves deep into the regulatory environment and scrutinizes forces that drive the country’s space.
The research study covers different types of cards and looks at emerging trends in the Belgian industry. Future projections through 2020 are on hand in the research report, too.
- all-round analysis of the Belgian cards and payments industry;
- insights into current values (as of 2015); forecast figures through 2020;
- investigation of driving forces;
- discussion of the regulatory landscape;
- information on marketing strategies;
- and more.
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More in-demand studies by our partner can be found at Timetric page.