Financial Cards in France
Euromonitor International's Financial Cards in France report establishes the size and structure of the market for ATMs, credit cards, debit cards, store cards and smart cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
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Tables: 101 | Publication date: Mar 2008
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- Get insight into trends in market performance
- Pinpoint growth sectors and identify factors driving change
- Identify market and brand leaders and understand the competitive environment
Product coverage
Financial cards in circulation; Transactions
Executive summary
Co-branded Financial Cards
After being strongly against the co-branded financial cards, the Groupement des Cartes Bancaires decided to authorise these cards in 2007. As a result the first co-branded cards were presented in October 2007. Telecom companies and retail chains should expect to profit from this new co-branding opportunity. Consumer surveys, however, showed that French consumers were not completely ready to use co-branded cards. As such, the companies will have to explain to the consumers how the co-branded cards can be useful.
EMV and DDA: Performance of Security Devices
Present in French financial cards since the late 1980s, the microchip has always guaranteed a high level of security. Thanks to EMV (Europay MasterCard Visa) standards, French cards will give customers a higher protection both in France and abroad. Moreover, since 2005 an additional encryption function, DDA (Dynamic Data Authentication) represents an extra level of payment security by generating a unique signature for each transaction. According to the Groupement des Cartes Bancaires, DDA represents the "third generation" of cards.
Financial Cards Target Teenagers
As teenagers receive money regularly from their family, French banks recognised the potential of this group and they enlarged their offer targeted at teenagers. Today, youngsters from 12 to 17 years of age can manage their finances with ATM cards and pre-paid debit cards usable both in France and abroad. In order to reassure the parents, the withdrawal and debit limits are defined by the parents. Pre-paid financial cards are presented as the simplest way to offer money to teenagers. Obviously teenagers represent potential future clients for French banks.
Cards Technology
After benefiting from technological advantage with smart cards, France is lagging slightly behind in contactless cards and m-commerce. As a result, French banks and financial operators continued to test these new financial cards with the aim to introduce them on the market during 2008. These cards were tested among a specific audience like students and were used for small amounts, under EUR30. Furthermore, the new cards should benefit from different technologies. In 2008, the retailer Auchan and the bank Accord plan to launch a contactless co-branded card.
Debit Cards: Increased Popularity
Debit cards are used more frequently than before and they tend to replace personal cheques. As the French are now used to paying with debit cards, the acceptance of these cards has increased. The banks and financial companies have increased the use of debit cards thanks to incentives like fidelity programmes. However, there is a lack of acceptance in the medical practice, public administration services, taxis and travelling merchants where cash and cheque are still necessary for payment.
Table of contents
FINANCIAL CARDS IN FRANCE : MARKET INSIGHT
EXECUTIVE SUMMARY
Co-branded Financial Cards
EMV and DDA: Performance of Security Devices
Financial Cards Target Teenagers
Cards Technology
Debit Cards: Increased Popularity
KEY TRENDS AND DEVELOPMENTS
The Development of Card Purchase
Evolution of New Payment Habits
Emergence of a Preference for Discounted Goods and Services
SEPA and French Protectionism
A Harsh Economic Climate
OPERATING ENVIRONMENT
Consumer Credit and Lending
Issuer Fraud
Acquirer Fraud
E-commerce
M-commerce
ATM and POS Terminals
Cash Withdrawal versus Card Purchase
Governmental Regulation and Legislation
MARKET INDICATORS
Table 1 Number of POS Terminals 2004-2007
Table 2 Number of ATMs 2004-2007
Table 3 Disposable Income 2002-2007
Table 4 Consumer Credit 2002-2007
Table 5 Value Lost to Fraud 2002-2007
MARKET DATA
Table 6 Financial Cards: Transactions 2002-2007
Table 7 Financial Cards: Value 2002-2007
Table 8 Financial Cards: Number of Cards in Circulation 2002-2007
Table 9 Financial Cards: Number of Accounts 2002-2007
Table 10 Domestic versus Foreign Spend 2007
Table 11 Card Expenditure by Sector 2007
Table 12 Card Expenditure by Location 2007
Table 13 Financial Cards: Number of Internet Transactions 2002-2007
Table 14 Financial Cards: Internet Transaction Value 2002-2007
Table 15 Financial Cards: Number of Cards by Issuer 2002-2006
Table 16 Financial Cards: Number of Cards by Operator 2002-2006
Table 17 Financial Cards: Point of Sale Transactions by Acquirer 2002-2006
Table 18 Financial Cards Forecast: Transactions 2007-2012
Table 19 Financial Cards Forecast: Value 2007-2012
Table 20 Financial Cards Forecast: Number of Cards in Circulation 2007-2012
Table 21 Financial Cards: Forecast Number of Accounts 2007-2012
Table 22 Financial Cards Forecast: Number of Internet Transactions 2007-2012
Table 23 Financial Cards Forecast: Internet Transaction Value 2007-2012
DEFINITIONS
Cards by Type
Cardholder Behaviour
Card Expenditure by Sector
Value Lost to Card Fraud
Consumer Credit
Market Background
Sources
Summary 1 Research Sources
LOCAL COMPANY PROFILES - FRANCE
CAISSE D'EPARGNE, GROUPE - FINANCIAL CARDS - FRANCE
STRATEGIC DIRECTION
KEY FACTS
Summary 2 Caisse d'Epargne, Groupe: Key Facts
Summary 3 Caisse d'Epargne, Groupe: Operational Indicators 2004-2006
COMPANY BACKGROUND
COMPETITIVE POSITIONING
CRéDIT AGRICOLE, GROUPE - FINANCIAL CARDS - FRANCE
STRATEGIC DIRECTION
KEY FACTS
Summary 4 Crédit Agricole, Groupe: Key Facts
Summary 5 Crédit Agricole, Groupe: Operational Indicators 2005-2006
COMPANY BACKGROUND
COMPETITIVE POSITIONING
CREDIT MUTUEL-CIC - FINANCIAL CARDS - FRANCE
STRATEGIC DIRECTION
KEY FACTS
Summary 6 Crédit Mutuel-CIC: Key Facts
Summary 7 Crédit Mutuel-CIC: Operational Indicators 2004-2006
COMPANY BACKGROUND
COMPETITIVE POSITIONING
GROUPE BNP PARIBAS - FINANCIAL CARDS - FRANCE
STRATEGIC DIRECTION
KEY FACTS
Summary 8 Groupe BNP Paribas: Key Facts
Summary 9 Groupe BNP Paribas: Operational Indicators 2004-2006
COMPANY BACKGROUND
COMPETITIVE POSITIONING
SOCIéTé GéNéRALE, GROUPE - FINANCIAL CARDS - FRANCE
STRATEGIC DIRECTION
KEY FACTS
Summary 10 Societe Generale SA: Key Facts
Summary 11 Societe Generale SA: Operational Indicators 2004-2006
COMPANY BACKGROUND
COMPETITIVE POSITIONING
SMART CARDS IN FRANCE
HEADLINES
TRENDS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 24 Smart Cards Sector Performance: 2002-2007
Table 25 Smart Cards Sector Performance: % Growth 2002-2007
Table 26 Smart Cards: Memory vs Microprocessor 2004-2007
Table 27 Smart Cards: Contact vs Contactless 2004-2007
Table 28 Smart Cards: Forecast Sector Performance: 2007-2012
Table 29 Smart Cards: Forecast Sector Performance: % Growth 2007-2012
ATM TRANSACTIONS IN FRANCE
HEADLINES
TRENDS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 30 ATM Cards Sector Performance: 2002-2007
Table 31 ATM Cards Sector Performance: % Growth 2002-2007
Table 32 ATM Cards: Forecast Sector Performance: 2007-2012
Table 33 ATM Cards: Forecast Sector Performance: % Growth 2007-2012
DEBIT TRANSACTIONS IN FRANCE
HEADLINES
TRENDS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 34 Debit Cards Sector Performance: 2002-2007
Table 35 Debit Cards Sector Performance: % Growth 2002-2007
Table 36 Debit Cards: Number of Cards by Issuer 2002-2006
Table 37 Debit Cards: Number of Cards by Operator 2002-2006
Table 38 Debit Cards Transactions by Acquirer 2002-2006
Table 39 Debit Cards Transaction Value by Operator 2002-2006
Table 40 Debit Cards: Forecast Sector Performance: 2007-2012
Table 41 Debit Cards: Forecast Sector Performance: % Growth 2007-2012
CREDIT CARD TRANSACTIONS IN FRANCE
HEADLINES
TRENDS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 42 Credit Cards Sector Performance: 2002-2007
Table 43 Credit Cards Sector Performance: % Growth 2002-2007
Table 44 Personal Credit Cards Sector Performance: 2002-2007
Table 45 Personal Credit Cards Sector Performance: % Growth 2002-2007
Table 46 Credit Cards: Number of Cards by Issuer 2002-2006
Table 47 Credit Cards: Number of Cards by Operator 2002-2006
Table 48 Credit Cards Transactions by Acquirer 2002-2006
Table 49 Credit Cards Transaction Value by Operator 2002-2006
Table 50 Personal Credit Cards Transactions by Acquirer 2002-2006
Table 51 Personal Credit Cards Transaction Value by Operator 2002-2006
Table 52 Credit Cards: Forecast Sector Performance: 2007-2012
Table 53 Credit Cards: Forecast Sector Performance: % Growth 2007-2012
Table 54 Personal Credit Cards: Forecast Sector Performance: 2007-2012
Table 55 Personal Credit Cards: Forecast Sector Performance: % Growth 2007-2012
CHARGE CARD TRANSACTIONS IN FRANCE
HEADLINES
TRENDS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 56 Charge Cards Sector Performance: 2002-2007
Table 57 Charge Cards Sector Performance: % Growth 2002-2007
Table 58 Personal Charge Cards Sector Performance: 2002-2007
Table 59 Personal Charge Cards Sector Performance: % Growth 2002-2007
Table 60 Corporate Charge Cards: Sector Performance: 2002-2007
Table 61 Corporate Charge Cards: Sector Performance: % Growth 2002-2007
Table 62 Charge Cards: Number of Cards by Issuer 2002-2006
Table 63 Charge Cards: Number of Cards by Operator 2002-2006
Table 64 Charge Cards Transactions by Acquirer 2002-2006
Table 65 Charge Cards Transaction Value by Operator 2002-2006
Table 66 Personal Charge Cards Transactions by Acquirer 2002-2006
Table 67 Personal Charge Cards Transaction Value by Operator 2002-2006
Table 68 Corporate Charge Cards Transactions by Acquirer 2002-2006
Table 69 Corporate Charge Cards Transaction Value by Operator 2002-2006
Table 70 Charge Cards: Forecast Sector Performance: 2007-2012
Table 71 Charge Cards: Forecast Sector Performance: % Growth 2007-2012
Table 72 Personal Charge Cards: Forecast Sector Performance: 2007-2012
Table 73 Personal Charge Cards: Forecast Sector Performance: % Growth 2007-2012
Table 74 Corporate Charge Cards: Forecast Sector Performance: 2007-2012
Table 75 Corporate Charge Cards: Forecast Sector Performance: % Growth 2007-2012
PRE-PAID CARD TRANSACTIONS IN FRANCE
HEADLINES
TRENDS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 76 Pre-paid Cards Sector Performance: 2002-2007
Table 77 Pre-paid Cards Sector Performance: % Growth 2002-2007
Table 78 Pre-paid Cards: Number of Cards by Issuer 2002-2006
Table 79 Pre-paid Cards: Number of Cards by Operator 2002-2006
Table 80 Pre-paid Cards Transactions by Acquirer 2002-2006
Table 81 Pre-paid Cards Transaction Value by Operator 2002-2006
Table 82 Pre-paid Cards by Type 2004-2007
Table 83 Pre-paid Cards: Forecast Sector Performance: 2007-2012
Table 84 Pre-paid Cards: Forecast Sector Performance: % Growth 2007-2012
STORE CARD TRANSACTIONS IN FRANCE
HEADLINES
TRENDS
COMPETITIVE LANDSCAPE
PROSPECTS
SECTOR DATA
Table 85 Store Cards Sector Performance: 2002-2007
Table 86 Store Cards Sector Performance: % Growth 2002-2007
Table 87 Store Cards: Number of Cards by Issuer 2002-2006
Table 88 Store Cards Transactions by Acquirer 2002-2006
Table 89 Store Cards: Forecast Sector Performance: 2007-2012
Table 90 Store Cards: Forecast Sector Performance: % Growth 2007-2012