Credit Cards Issuing: Market Research Report
The global outlook series on the Credit Cards Issuing provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings.
The report offers insight into the industry’s performance in the wake of global economic slowdown, and evaluates the role of socio-economic and cultural factors, consumer payment behavior, as well as marketing strategies in enhancing uptake of credit cards.
Regional markets briefly abstracted include the United States, Canada, Japan, France, Germany, Italy, United Kingdom, Spain, Australia, China, India, Indonesia, Singapore, Malaysia, Taiwan, Argentina, Mexico, Brazil, and Middle East, among others.
Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 155 companies worldwide.
The report offers insight into the industry’s performance in the wake of global economic slowdown, and evaluates the role of socio-economic and cultural factors, consumer payment behavior, as well as marketing strategies in enhancing uptake of credit cards.
Regional markets briefly abstracted include the United States, Canada, Japan, France, Germany, Italy, United Kingdom, Spain, Australia, China, India, Indonesia, Singapore, Malaysia, Taiwan, Argentina, Mexico, Brazil, and Middle East, among others.
Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 155 companies worldwide.
1.MARKET OUTLOOK
Industry Experiences Rough Weather during the Recent Recession
What did Credit Card Companies do to Stay Afloat
New Credit Card Trends Post Recession
Credit Cards make a Come Back, Competition Heats Up
Customers Confronted with Higher Credit Rates Even as Competition Increases
Issuers Eye Big Spenders
Companies Resort to Richer but Complicated Rewards
Credit Card Processing Becomes More Complicated
The Duping Saga Continues
Credit Card Issuing – Future Trends
Multifunction Cards
Mobile Payments
Contactless Cards
Card Issuers Show More Innovation in Terms Of Offers
More Non-Mileage Perks Replacing Reward Points
Card Sign-Up Bonuses to Woo New Customers
New Technologies for Protection against Fraud
Accelerated Growth in Credit Card Markets of Emerging Nations
Number of Credit Cards in Circulation
Long-term Prospects better for Visa and MasterCard
2.INDUSTRY OVERVIEW
Issuers or Issuing Banks
Acquirers or Acquiring Banks
A Peek into Key Markets Worldwide
Asia-Pacific: The New Mint
United States: A Dominant Force
Europe: The Debit Card Rules
United Kingdom: A Different Market
Latin America: An Emerging Market
Factors Influencing the Market
Marketing Strategies
Cultural & Economic Factors
Customer Ability
Competition
Brand Power
Global Payments Market – A Snapshot
Various Payment Products Ranked on the Basis of Preferences among Consumers with 1 for Very High Importance
3.PRODUCT OVERVIEW
Introduction
Chronology of Events
An Evolutionary Scan
Structure of the Industry
Card-Schemes
Issuers and Acquirers
Payment-Service Providers (PSPs)/ Connectivity or Payment Suppliers
Merchant Service Providers (MSPs)
Merchants
Customers
Components of the Industry
Credit Card
Card Issuing
Payment Process
Authorization
Settlement
Supporting Framework
E-Commerce
Electronic Data Interchange
Network Security Devices
4.RECENT INDUSTRY ACTIVITY
5.PRODUCT INNOVATIONS/ INTRODUCTIONS
A REGIONAL MARKET PERSPECTIVE
1.UNITED STATES
Credit Card Spending in the US Increases Post Recession
Striking Figures
Caps on Debit Cards to Impact Credit Card Transaction Volumes Negatively
Threat of Alternate Payment Methods – Is it a Threat Indeed?
Usage pattern of Credit Card
The CARD Act
Highlights of the CARD Act
A Mixed Impact of the CARD Act on the US Credit Card Market
Number of Credit Cards in Use
Major Players in the US
Visa – The Leading Credit Card Company In terms of Card Circulation
Key Trends
The Segment of Small Business Credit Cards Suffers on Account of Recession
Credit Card Agreements Continue to be Complicated
Credit Card Delinquencies in the US at an all Time Low
Increasing use of Electronic Payment Options over Cash
Credit Card Interest Rates – Year 2009 in Review
2.CANADA
Market Overview
Credit Card Fraud Stats
3.JAPAN
Market Snapshot
4.EUROPE
A Sneak Preview
4A.FRANCE
Market Snapshot
4B.GERMANY
Market Overview
Number of Cards in Use
4C.ITALY
Market Overview
4D.UNITED KINGDOM
Market Overview
Striking Numbers
Fairer Credit Card Terms Enable Control over Accounts
Credit Cards in Use
4E.SPAIN
Market Snapshot
Number of Cards in Use
4F.REST OF EUROPE
Select Regions at a Glance
Portugal
Market Snapshot
Switzerland
Market Snapshot
Turkey
Market Snapshot
5.ASIA-PACIFIC
Market Snapshot
Consumer Credit - A Brief Insight
5A.AUSTRALIA
Market Snapshot
Number of Credit Cards in Use
5B.CHINA
Market Overview
CBRC Regulations to Control Credit Card Sales in China
Growth Path of Chinese Credit Card Market
5C.INDIA
An Under penetrated Market with Huge Potential
Indian Credit Card Market grows the lowest in Eight years
Key Trends
Issuers Witness Increase in Defaults during Recession
Banks Lower Credit limits
Hike in Credit card Interest Rates
Fifty Percent of the Credit and Debit cards Inactive in India
5D.INDONESIA
Market Snapshot
5E.MALAYSIA
Market Snapshot
Number of Cards in Use
5F.SINGAPORE
Market Snapshot
5G.SOUTH KOREA
Credit Card Issuing Booming in South Korea
South Korea Numero Uno in Credit Card Usage
5H.TAIWAN
Market Snapshot
Leading Credit Card Issuers
5I.THAILAND
Market Snapshot
6.LATIN AMERICA
6A.ARGENTINA
Market Snapshot
6B.BRAZIL
Market Snapshot
6C.MEXICO
Market Snapshot
Key Trends
Gearing Up
Comparing Brands
6D.PERU
Market Snapshot
7.MIDDLE EAST
Market Snapshot
UAE
Iraq
8.SOUTH AFRICA
Market Snapshot
Number of Credit Cards in Use
Global Directory
Industry Experiences Rough Weather during the Recent Recession
What did Credit Card Companies do to Stay Afloat
New Credit Card Trends Post Recession
Credit Cards make a Come Back, Competition Heats Up
Customers Confronted with Higher Credit Rates Even as Competition Increases
Issuers Eye Big Spenders
Companies Resort to Richer but Complicated Rewards
Credit Card Processing Becomes More Complicated
The Duping Saga Continues
Credit Card Issuing – Future Trends
Multifunction Cards
Mobile Payments
Contactless Cards
Card Issuers Show More Innovation in Terms Of Offers
More Non-Mileage Perks Replacing Reward Points
Card Sign-Up Bonuses to Woo New Customers
New Technologies for Protection against Fraud
Accelerated Growth in Credit Card Markets of Emerging Nations
Number of Credit Cards in Circulation
Table 1. World Recent Past, Current & Future Analysis for Credit Cards by Geographic Region – USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Rest of World Markets Independently Analyzed with Annual Number of Cards in Use in Million for Years 2010 through 2015
Table 2. World Five Year Perspective for Credit Cards by Geographic Region – Percentage Breakdown of Number of Cards in Use for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and Middle East & Africa Markets for Years 2011 & 2015
Long-term Prospects better for Visa and MasterCard
2.INDUSTRY OVERVIEW
Issuers or Issuing Banks
Acquirers or Acquiring Banks
A Peek into Key Markets Worldwide
Asia-Pacific: The New Mint
United States: A Dominant Force
Europe: The Debit Card Rules
United Kingdom: A Different Market
Latin America: An Emerging Market
Factors Influencing the Market
Marketing Strategies
Cultural & Economic Factors
Customer Ability
Competition
Brand Power
Table 3. Global Market Share of Leading Credit Card Companies by Purchase Volume (2010)
Global Payments Market – A Snapshot
Various Payment Products Ranked on the Basis of Preferences among Consumers with 1 for Very High Importance
3.PRODUCT OVERVIEW
Introduction
Chronology of Events
An Evolutionary Scan
Structure of the Industry
Card-Schemes
Issuers and Acquirers
Payment-Service Providers (PSPs)/ Connectivity or Payment Suppliers
Merchant Service Providers (MSPs)
Merchants
Customers
Components of the Industry
Credit Card
Card Issuing
Payment Process
Authorization
Settlement
Supporting Framework
E-Commerce
Electronic Data Interchange
Network Security Devices
4.RECENT INDUSTRY ACTIVITY
5.PRODUCT INNOVATIONS/ INTRODUCTIONS
A REGIONAL MARKET PERSPECTIVE
1.UNITED STATES
Credit Card Spending in the US Increases Post Recession
Striking Figures
Caps on Debit Cards to Impact Credit Card Transaction Volumes Negatively
Threat of Alternate Payment Methods – Is it a Threat Indeed?
Usage pattern of Credit Card
Table 4. Usage pattern of Credit Cards in the US (2010): Percentage Share Breakdown by the Reason Cited
Table 5. Usage of Credit Cards in the US (2010): Percentage Usage by Age-groups of 18-24, 25-34, 35-49, 50-64 and 65+
The CARD Act
Highlights of the CARD Act
A Mixed Impact of the CARD Act on the US Credit Card Market
Number of Credit Cards in Use
Table 6. US Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
Major Players in the US
Table 7. US Leading Credit Card Issuers (2010) Based on Puchase Volumes in Billions of US$
Visa – The Leading Credit Card Company In terms of Card Circulation
Table 8. Leading Credit Card Companies in the US (2010): Percentage Breakdown of Market Share by - Visa, MasterCard, American Express and Discover in terms of Cards in Circulation
Key Trends
The Segment of Small Business Credit Cards Suffers on Account of Recession
Credit Card Agreements Continue to be Complicated
Credit Card Delinquencies in the US at an all Time Low
Increasing use of Electronic Payment Options over Cash
Credit Card Interest Rates – Year 2009 in Review
Table 9. Interest Rates on Consumer Credit cards in the US (April, 2009): Average-rates of Consumer Credit cards by Card type
2.CANADA
Market Overview
Table 10. Online Payment Preferences of Canadian Consumers as a Percentage of Population
Credit Card Fraud Stats
Table 11. Canadian Credit Card Fraud Stats (2010): Percentage Share Breakdown by Types of Credit Card Frauds – Counterfeit, Card- Not-Present, Lost/Stolen, Non-Receipt and Miscelleneous/ Fraud Apps
Table 12. Canada Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
Table 13. Consumer Payment by Type in Canada (2010): Percentage Share Breakdown by the Payment-types - Credit card, Cash, Debit card, and Cheque
3.JAPAN
Market Snapshot
Table 14. Online Payment Preference in Japan (2011): Percentage Share Breakdown by Payment Type - Credit Card, COD, Konbini, Bank Transfer (Offline and Online), Postal Transfer, Internet Banking and Others
Table 15. Japan Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
4.EUROPE
A Sneak Preview
Table 16. European Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
4A.FRANCE
Market Snapshot
Table 17. Online Payment Preference in France (2011): Percentage Share Breakdown by Payment Type – Visa (Co-Branded with Carte Bleue), Private Label Cards, Master Card, PayPal, Carte Bleue (Non-Visa) and Others
Table 18. France Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
4B.GERMANY
Market Overview
Table 19. Online Payment Preference in Germany (2011): Percentage Share Breakdown by Payment Type - Bank Transfer (Offline), ELV (Direct Debit), Bank Transfer (Online), Visa/MasterCard, PayPal, American Express and Pre-Paid Card
Number of Cards in Use
Table 20. Germany Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
4C.ITALY
Market Overview
Table 21. Italy Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
4D.UNITED KINGDOM
Market Overview
Table 22. Online Payment Preference in the UK (2011): Percentage Share Breakdown by Payment Type - Visa Debit (Including Electron), Master Card, PayPal, Visa, Maestro and Others
Striking Numbers
Fairer Credit Card Terms Enable Control over Accounts
Credit Cards in Use
Table 23. UK Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
4E.SPAIN
Market Snapshot
Number of Cards in Use
Table 24. Spain Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
4F.REST OF EUROPE
Select Regions at a Glance
Portugal
Market Snapshot
Table 25. Portugal Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
Switzerland
Market Snapshot
Table 26. Switzerland Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
Turkey
Market Snapshot
Table 27. Turkey Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
5.ASIA-PACIFIC
Market Snapshot
Table 28. Online Payment Preferences of Consumers in Asia Pacific as a Percentage of Population
Consumer Credit - A Brief Insight
5A.AUSTRALIA
Market Snapshot
Number of Credit Cards in Use
Table 29. Australia Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
5B.CHINA
Market Overview
Table 30. Online Payment Preferences of Chinese Consumers as a Percentage of Population
CBRC Regulations to Control Credit Card Sales in China
Growth Path of Chinese Credit Card Market
Table 31. China Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
5C.INDIA
An Under penetrated Market with Huge Potential
Indian Credit Card Market grows the lowest in Eight years
Table 32. India Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
Key Trends
Issuers Witness Increase in Defaults during Recession
Banks Lower Credit limits
Hike in Credit card Interest Rates
Fifty Percent of the Credit and Debit cards Inactive in India
5D.INDONESIA
Market Snapshot
Table 33. Indonesia Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
5E.MALAYSIA
Market Snapshot
Number of Cards in Use
Table 34. Malaysia Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
5F.SINGAPORE
Market Snapshot
Table 35. Singapore Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
5G.SOUTH KOREA
Credit Card Issuing Booming in South Korea
South Korea Numero Uno in Credit Card Usage
Table 36. South Korea Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
5H.TAIWAN
Market Snapshot
Table 37. Taiwan Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
Leading Credit Card Issuers
Table 38. Leading Credit Card Issuers in Taiwan (2008): Percentage Share Breakdown by Revolving Credit for Citibank, Chinatrust Commercial Bank, Royal Bank of Scotland (RBS), E.Sun Commercial Bank, Cathy United Bank, Taipei Fubon commercial Bank, HSBC, Taishin International bank, Union Bank of Taiwan, Far Eastern International Bank, and Others
5I.THAILAND
Market Snapshot
Table 39. Thailand Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
6.LATIN AMERICA
6A.ARGENTINA
Market Snapshot
Table 40. Argentina Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
6B.BRAZIL
Market Snapshot
Table 41. Online Payment Preference in Brazil (2011): Percentage Share Breakdown by Payment Type - Visa, MasterCard, Boleto Bancario, Direct Debit, American Express, Hipercard and Others
Table 42. Brazil Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
6C.MEXICO
Market Snapshot
Table 43. Online Payment Preference in Mexico (2011): Percentage Share Breakdown by Payment Type - Visa, MasterCard, Bank Transfer, COD, American Express and Others
Table 44. Mexico Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
Key Trends
Gearing Up
Comparing Brands
6D.PERU
Market Snapshot
Table 45. Peru Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
7.MIDDLE EAST
Market Snapshot
UAE
Iraq
8.SOUTH AFRICA
Market Snapshot
Number of Credit Cards in Use
Table 46. South Africa Recent Past, Current & Future Analysis for Credit Cards with Annual Number of Cards in Use in Million for Years 2010 through 2015
Global Directory
