NewswireToday - /newswire/ -
Delhi, India, 2008/11/24 - This report is an effort towards exploring the evolution of the card-based payments, understanding the structure and mechanism of the card-based payments, focusing on the global trend towards greater acceptance of the card-based payment system.
The payments industry includes transactions made in cash or electronically or through a payment card and in this sense has a very wide coverage, as it would cover all the transactions that are materialistic in nature. The industry is witnessing a worldwide shift from paper-based payments to card-based payments.
Just as the industry is very wide, the structure and mechanism of the industry is very complex. The market is also very competitive as a whole and at different points within the industry. There are many different players involved in this industry, like network operators, merchant processors among others. The essence of this market is the two-sided aspect of this market, with cardholders at one side and merchants at the other side of the market.
Countries like France, US and UK are on the mature side of the industry, while regions like Asia Pacific provide the growth impetus to the industry. The prominent card networks are Visa, MasterCard, American Express, and Discover. Visa and MasterCard operate on an open-loop network and do not issue cards by themselves, while American Express and Discover operate through the closed-loop network and issue their own cards. Apart from these players, merchant processors like First Data, Bank of America Merchant Services, Nova, Fifth Third Bank and Global Payments also play a crucial role in the industry.
The industry is being touched upon at the global level, with the discussion of trends, drivers and issues affecting the industry worldwide. At the company level, main network operators are profiled along with discussion of the competition, between the network operators and also within the merchant processing industry.
The report broadly includes the following:
1. Evolution of Electronic Payments
2. Overview of Payment Industry
3. Merchant Processing Industry
4. Electronic Payments Market Size
4.1 Global Electronic Payments Market
4.2 US Electronic Payments Market
4.3 European Electronic Payments Market
5. Market Activities
5.1 Market Trends
5.2 Market Drivers
5.3 Market Issues
7. Company Profiles
7.1 Visa Inc.
7.3 American Express
List of Tables
Major Functions of Major Participants in Payments Network
Merchant Processors: Outlets & Average Transaction
Forecasted Growth Rates in Payment Card Transactions (2006-12E)
Major Network Operators’ Cards Volume Comparison (2006)
Operating Margin Comparison of Payment/Data Processor Players (FY08E)
Comparison of Key Financials of Visa & MasterCard (Q1 2008)
Key Facts - Visa Vs MasterCard (Q1 2008)
List of Charts
Structure of Payment Industry
Working Mechanism of Interchange Procedure
Distribution of Interchange Fees under Visa or MasterCard Payment Network
Top US Bank Card Acquirers/Merchant Processors
Growth of Payment Card Transactions by Region (2000-12E)
Debit & Credit Transaction Growth by Region (2006-12)
Asia-Pacific Payment Card Market Share (2008)
Market Share of Global “General-Purpose” Card Purchase Volume (2007)
Market Share of Global Credit Card Purchase Volume (2007)
Number of POS Terminals (per million residents) by Region (2006)
Payment Card Market Share of Credit Card Issuers in US (2008)
Market Share of US Debit Card Market (2006)
Payment Card Market Share of Latin America (2008)
Payment Cards Volume & Growth in European Region (2006)
Debit Card’s Share of US Purchase Transactions (2006/11E)
Region-wise Usage of Commercial Payment Cards (2007)
Key Reasons for Usage of Commercial Payment Cards
Payment Volumes Share in US (2006/11E)
Sales Growth of Visa (2003-07)
Sales Growth of MasterCard (2003-07)
Sales Growth of American Express (2003-07)
Sales Growth of Discover (2003-07).