25% Discount on all Cards and Payments Reports until August 31st!

There is a 25% discount on all of our cards and payments industry reports until 31st August 2015!

These reports can be ordered using our order form quoting the promo code CardsAug2015.

Examples of some of our cards and payments reports include:

Canada Cards and Payments: Key Trends & Drivers, Emerging Consumer Attitudes and Credit Card Growth Prospects to 2019

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

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

Please contact us if you require any further information, we will be delighted to help.

Ireland's Cards and Payments Industry: Emerging Opportunities

Ireland's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape examines the increase in debit card usage is due to the switching of payment methods for goods and services, from checks to debit cards.

The increase in debit card usage is due to the switching of payment methods for goods and services, from checks to debit cards. The National Payments Plan initiative in 2013, e-Day, will further encourage the use of debit cards over checks. This will encourage small and medium-sized enterprises (SMEs), which accounted for 60% of Ireland’s total check usage to use debit cards. Furthermore, rising credit card debt shifted consumer’s preference towards debt-free financial products, and supported the growth of debit cards.

Highlights

Improvements to banking infrastructure such as the increased installation of point-of-sale (POS) terminals in merchant outlets drove the growth. In terms of transaction value, payment cards valued EUR49.1 billion (US$65.1 billion) in 2013, after registering a review-period CAGR of -0.22%. However, it is expected to expand over the forecast period (2014–2018), at a CAGR of just over 3%. 

In terms of transaction value, debit cards accounted for just fewer than 78% share in 2013, which is expected to rise further over the forecast period.

The banking sector transformed and adopted new technologies during the review period, which helped enhance customer experience by simplifying and speeding up many banking activities. Allied Irish Banks (AIB) took a vital step via its Learn About Banking (LAB) store. LAB is a high-street learning and research store which enables customers to understand the benefits of new banking technology. It collects feedback from users to understand their preferences and improve the service.

Related Reports

Switzerland's Cards and Payments Industry

Prepaid Card Market Size and Forecast in Saudi Arabia

Debit Card Market Size and Forecast in New Zealand

Debit Cards Market in France to 2018

Hong Kong's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape

The debit card category is anticipated to post a forecast-period CAGR of over 1%.

HongKong's Cards and Payments Industry: Emerging Opportunities, Trends, Size,Drivers, Strategies, Products and Competitive Landscape report provides top-level market analysis, information and insights on Hong Kong's cards and payments industry, including current and forecast values for each category of Hong Kong's cards and payments industry, including debit cards, credit cards, charge cards and prepaid card. Also included is a detailed analysis of the marketing strategies adopted for selling debit, credit, charge and prepaid cards used by banks and other institutions in the market.

Why Buy this Report:

                                                

• Make strategic business decisions using top-level historic and forecast market data related to Hong Kong's cards and payments industry and each market within it.
•  Understand the key market trends and growth opportunities within Hong Kong's cards and payments industry.
•  Gain insights in to the marketing strategies used for selling various card types in Hong Kong.

• 
  

Report highlights:

In terms of number of cards in circulation, the Hong Kong card payments channel registered positive growth between 2009 and 2013 recording a compound annual growth rate CAGR of over 5% to reach almost 51 million cards by last year. Improved banking infrastructure and the increasing acceptance of card-based payments at point-of-sale (POS) terminals were key growth drivers for the card payments channel.

Due to the convenience of electronic payments, the emergence of contactless payment systems and an increase in security features, Hong Kong’s population have been encouraged to perform more card-based transactions. Despite the financial crisis, Hong Kong recorded a growth in credit card expenditure, supported by the increased acceptance of these cards at POS terminals and associated benefits associated such as reward points, discounts and cashback. All the major global card scheme providers − Visa, MasterCard, American Express, Diners Club and JCB International (JCB) − have a presence in the country’s credit card category.

As part of offering enhanced security for automatic teller machine (ATM) transactions, in June 2011, the Hong Kong Monetary Authority (HKMA) announced the implementation of chip-based technology for all ATM services. This process is expected to be completed by the end of 2015. This step was taken to ensure and increase the security during card-based transactions. Read more>>

Related reports:

· Vietnam's Cards and Payments Industry: Emerging Opportunities, Trends,Size, Drivers, Strategies, Products and Competitive Landscape

   New Zealand's Cards and Payments Industry: Emerging Opportunities,Trends, Size, Drivers, Strategies, Products and Competitive Landscape