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Global Briefing

Consumer Payments 2013: Trends, Developments and Prospects

Jan 2013

Price: US$2,000

About this Report

About this Report

The developed world has the largest card payment markets globally, but growth is slowing, while cards are beginning to take off in emerging markets. Emerging markets have outpaced developed markets in absolute volume of card payments (excluding commercial) as the unbanked enter the financial mainstream and the newly banked increase their card usage. Drivers such as a high youth population and an expanding middle class in some emerging markets will help to spur card usage moving forward.


What this report includes

  • Up-to-the minute analysis of the latest trends in the industry
  • New product development, forecasts and other themes
  • Unique graphics and illustrated case studies
  • Most recent brand and company news
  • New insight into the size and shape of the market

Why buy this report

  • Clear, concise powerpoint format makes it easy to digest
  • Leading industry opinion keeps you abreast of latest news and trends
  • Forward-looking outlook on a category, market or issue affecting the industry
  • Latest five year forecasts assess how the market is predicted to develop
  • Understand the competitive environment, the leading players and brands

Table of Contents

Table of Contents

Introduction

Scope

Key findings

How the world spent US$100

Global Overview

GLOBAL OVERVIEW

Card payments slowly making inroads into popularity of cash

Eastern Europe posts fastest growth rate for card payment volume

Asia Pacific, specifically China, drives absolute card growth

Consumer preference shifted from credit to debit during downturn

Growth in financial cards also a debit and pre-paid card story

Visa continues to dominate globally, China UnionPay growing fast

American Express defends premium territory globally

Regional Developments

REGIONAL DEVELOPMENTS

Australasia experiences highest per capita card penetration growth

Eastern Europe exhibits greatest uptake in card usage

Australasia has the largest share of "electronic payments"

North America likely to outpace all other regions in m-commerce

Western Europe has the least concentrated issuer landscape

LATAM consumer credit debt acceleration appears manageable

Rise of Asia Pacific as a tourism hub set to drive plastic usage

Eastern Europe card market suffers from cash access device issue

Middle East and Africa favour delayed payment cards

Drivers and Constraints

DRIVERS AND CONSTRAINTS

Drivers and constraints affecting card payment landscape globally

Parts of Latin America and Asia Pacific post greatest rises in spend

Consumer expenditure has grown robustly in emerging markets

Growth of the middle class worldwide means a jump in card spend

Internet access remains a driver of card payment volume

Emerging markets more likely to connect to internet via mobile

Growing 65+ segment boosts travel and health products

A youthful population provides opportunities for economic growth

Increasing financial literacy to reach consumers with card products

Household formation drives everything from debt to card spend

India has the fewest ATMs per capita in the world

A high rate of fraud could pose a problem in some markets

Key global regulatory developments affecting payments industry

Global Prospects

GLOBAL PROSPECTS

Asia Pacific will pass North America as the largest market by 2017

Cards expected to overtake cash as most popular type by 2017

Moving forward, it is a debit versus pre-paid card battle worldwide

Debit will contribute the most in absolute volume growth worldwide

The unmistakable impact of the BRIC markets on future growth

Fastest-growing markets are expected all to be emerging countries

Europe is home to many of expected slow card growth markets

US projected to be the fastest growing m-commerce market

Mobile wallet is expected to gain momentum in coming years

Major trends to watch globally moving forward

Report Definitions

Data parameters and report definitions

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