Showing posts with label Consumer Payments Global Industry research reports. Show all posts
Showing posts with label Consumer Payments Global Industry research reports. Show all posts

Thursday, 5 April 2018

Global Consumer Payments Trends, Regulations and Competitive Landscape Outlook To 2022

Consumer Payments
Summary 
As cash use continues to decline, Denmark is increasing its efforts to become a cashless society, backed by government support in promoting electronic payments. Danish consumers are very comfortable with payment cards and mobile phones, with Dankort the most commonly used card scheme in the country and MobilePay leading the way in peer-to-peer payments. In spite of mobile proximity and contactless payments remaining underdeveloped, there is opportunity for providers to emphasize relevant use cases and advantages over traditional payment tools in order to boost interest and gain significant adoption among mass consumers.

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Key Players
Dankort
Mastercard
Visa
Danske Bank
Nordea
Nykredit
Sydbank
Rejsekort
Jyske Bank
PayPal
Swedbank
Nets
Handelsbanken
JCB
Verifone
Apple


Scope of the Report
- While credit cards account for 19% of cards in issue, they are used more than seven times less frequently at the point of sale (POS) than debit cards.
- While 21% of the number of transactions and 31% of the value of transactions are currently made using debit cards, opportunities still exist for mobile payment providers. They should promote products that are convenient and comfortable to use, as these are the features most valued by Danish consumers using debit cards online.
- The share of Danish consumers who do not have a contactless card and do not want one remained consistent from 2014 to 2015, while the share of consumers who do not have a contactless card but would like one decreased, showing that interest is the main issue hindering adoption.
  Table of Contents 
Table of Contents
Executive Summary
Megatrends
Proximity Payments
Remote Payments
Payments Infrastructure & Regulation
Appendix
 .Continued

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