Cards and Payments Global Market Briefing 2017

The cards and payments market comprise establishments engaged in storing, processing and transmitting payment cards data. This market covers issuing and acquiring banks, card processing and issuing companies, payment processing institutions such as banks, non-banking financial corporations and others.

The largest geographic markets by consumption in the cards and payments sector are the Americas and Asia.The Americas was the largest geographic market in the cards and payments industry in 2016, accounting 56% of the global market. This can be attributed to high digital payment penetration in countries such as the USA and Canada. Asia was the second-largest geographic market, accounting for 30% of the global market.

The focus on the security of card-based payments has increased significantly across the world. This is mainly to prevent card fraud losses incurred by banks and according to Capgemini, the worldwide value of fraud losses reached almost US$16 billion in 2014 . In this regard, payment service providers and merchants have implemented various solutions including the Payment Card Industry Data Security Standard (PCI DSS) compliance, EMV technology, 3-D Secure services, tokenization, biometrics and end-to-end encryption. To combat the constantly evolving card fraud methods, the National Retail Federation (NRF) also updates its security guidelines continuously.

Cards and Payments Market Characteristics 4
Cards and Payments Market Historic 5
Cards and Payments Market Forecast 6
Cards and Payments Market Segmentation 7
Cards and Payments Market, Split by Segments, 2016, $ Billion 7
Card Processing Units 7
Payment Service Providers 7
Global Cards and Payments, Historic and Forecast, Split by Segment, 2012 – 2020 8
Cards and Payments Market Geography Split 9
Global Cards and Payments Markets Size, Split by Region, 2016 9
Global Cards and Payments Market, Historic and Forecast Growth, By Region, 2012 – 2020 11
Global Cards and Payments Market, Split By Country, 2016 12
Global Cards and Payments Market, Historic and Forecast Growth Rate, Split by Country, 2012 – 2020 15
Cards and Payments Market Competitors 17
American Express Company 18
Visa 18
MasterCard 19
Cards and Payments Market Key Mergers and Acquisitions 20
Cards and Payments Market Trends and Strategies 22
Appendix 25
Research Methodology 25
Definitions 26
Abbreviations 27
Currencies 27
The Business Research Company 27
Copyright and Disclaimer 27