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Spains Cards and Payments Industry Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape  Join our daily free Newsletter

MENAFN Press - 20/03/2014
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(MENAFN Press) Synopsi



The report provides top-level market analysis, information and insights on Spains cards and payments industry, including

Current and forecast values for each category of Spains cards and payments industry, including debit cards, credit cards, charge cards and prepaid card

Comprehensive analysis of the industrys market attractiveness and future growth area

Analysis of various market drivers and regulations governing Spains cards and payments industr

Detailed analysis of the marketing strategies adopted for selling debit, credit, prepaid and charge cards used by banks and other institutions in the marke

Comprehensive analysis of consumer attitudes and buying preferences for card

The competitive landscape of Spains cards and payments industr



Summar



The economic crisis and conservative consumer spending has hindered growth in Spain, both in terms of number of cards in circulation, and values of all card categories during the review period (20082012). However, with the anticipated recovery of the Spanish economy, the card payments channel is expected to recover over the forecast period (20132017). In terms of number of cards in circulation, the prepaid cards category is expected to show the highest growth. Closed-loop prepaid cards are expected to be the most promising segment in terms of growth, as both retail and corporate users look to manage expenditure



Growth in terms of transaction value in all card categories, except credit cards, was impaired during the review period by restricted consumer spending following the financial crisis and subsequent austerity measures. The overall card payments channel declined at a review-period compound annual growth rate (CAGR) of 0.37% in terms of transaction value



Anticipated improvements in economic indicators such as inflation, GDP and per capita income are expected to support card volume growth over the forecast period. Banks attempts to inject fresh funds to stimulate growth are alsoxpected to improve credit availability in the economy. Conservative consumer spending is, however, expected to continue over the forecast period, increasing demand for prepaid cards




Mobile payments are expected to provide scope for growth for card-based payments, and mobile payments posted at a CAGR of 131.38% during the review period. The positive growth of mobile phone users and the growing popularity of smartphones have led to robust growth in mobile payments



For More Details Click on this Link:- http://www.jsbmarketresearch.com/finance-banking/r-Spains-Cards-and-Payments-Industry-Emerging-Opportunities-Trends-10637



Table of Content:-



1 Executive Summar

2 Analysis of Market Environment, Key Trends and Driver

2.1 Payment Infrastructure and Emerging Technologie

2.1.1 Rising internet penetratio

2.1.2 Growing mobile payment

2.1.3 Emergence of EMV (Europay, MasterCard, Visa) infrastructur

2.1.4 Automated teller machines (ATMs

2.1.5 Point of sale (POS) terminal

2.2 Business Driver

2.2.1 Growth in retail industr

2.2.2 Growth in e-commerc

2.3 Economic Driver

2.3.1 GD

2.3.2 GDP per capit

2.3.3 Inflatio

3 Cards and Payments Industry Share Analysi



For More Details on Related Reports Click on this Link:



Http://www.jsbmarketresearch.com/finance-banking/r-Societe-Generale-Private-Banking-GLE-Company-Profile-and-SWOT-Analysis-10650



Http://www.jsbmarketresearch.com/finance-banking/r-Scotiabank-Private-Banking-Company-Profile-and-SWOT-Analysis-10650



Http://www.jsbmarketresearch.com/finance-banking/r-Arbuthnot-Latham-Co-Limited-Company-Profile-and-SWOT-Analysis-10650



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