Cards and Payments Industry in UK - Latest Report

The report “The UK Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape″ by Timetric is now available at RnRMarketResearch.com. Contact sales@rnrmarketresearch.com with The UK Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape in subject line and your contact details to purchase this report or get your questions answered.

The collection of ‘Credit Card’ market research reports has a new addition of “The UK Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape” on RnRMarketResearch.com .

Synopsis

§  The report provides market analysis, information and insights into the UK cards and payments industry, including:

§  Current and forecast values for each category of the UK cards and payments industry including debit cards, credit cards, prepaid cards and charge cards.

§  Comprehensive analysis of the industry’s market attractiveness and future growth areas.

§  Analysis of various market drivers and regulations governing the UK cards and payments industry.

§  Detailed analysis of the marketing strategies adopted for selling debit, credit, charge and prepaid cards used by various bankers and other institutions in the market.

§  Comprehensive analysis of consumer attitudes and their buying preferences for cards.

§  Competitive landscape of the UK cards and payments industry.

 Request a sample copy of this report by Timetric @ http://www.rnrmarketresearch.com/contacts/request-sample?rname=129480 .

Summary

In terms of card volume, the UK card payments channel grew at a CAGR of 4.55% during the review period (2008–2012). The largest share of the channel was occupied by the debit card category with 43.8% in 2012, followed by the credit cards category with 27.9%. Over the forecast period, the prepaid cards category is expected to surpass credit cards in terms of card volume to occupy the second-largest share, after debit cards, with 35.5% in 2017. Banks present competitive pricing strategies and offer attractive introductory interest rates to generate new subscriptions. Many banks extend 0% introductory interest rates on purchases and balance transfers for the first few months as well as competitive annual percentage rates (APRs) on credit cards. There was a considerable increase in the prompt payment of credit card bills during the review period which caused a loss in interest income for many banks. Banks are considering charging an annual fee to compensate for such losses.

 Complete report is available @ http://www.rnrmarketresearch.com/the-uk-cards-and-payments-industry-emerging-opportunities-trends-size-drivers-strategies-products-and-competitive-landscape-market-report.html . Read more on “The UK Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape” report below.

Scope

• This report provides a comprehensive analysis of the UK cards and payments industry.
• It provides current values for the UK cards and payments industry for 2012 and forecast figures for 2017.
• It details the different macroeconomic, infrastructural, consumer and business drivers affecting the UK cards and payments industry.
• It outlines the current regulatory framework in the industry.
• It details the marketing strategies used by various bankers and other institutions.
• It profiles the major banks in the UK cards and payments industry.

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