Retail payments in the Post-SEPA Landscape (Market Focus)

Retail payments in the Post-SEPA Landscape (Market Focus)

Introduction

The payments industry is already under significant pressure, with fierce competition eroding margins. However, this is set to intensify over the next few years as the SEPA initiative drives the upheaval of the industry.

Scope

*Primarily covers the European payments market

*Areas covered include market challenges, the impact of SEPA and fraud issues

Highlights

Due to the lack of significant profit generation opportunities, banks are often reluctant to make any investments in their payments infrastructure. As a result, changes in the payments landscape are often driven by regulation (or the threat of it) rather than from internal necessity.

Payment processor service providers are an attractive proposition, particularly for smaller, or domestically focused banks which do not have the volume, either domestically or cross-border to merit investing in SEPA compliant payment processing themselves.

SEPA means that it will be necessary for banks to issue and acquire cards across the region. While card issuing should be easier from a theoretical point of view, security and risk issues concerning access to credit scoring, references and other customer information are likely to make it harder to put into practice.

Reasons to Purchase

*Gain visibility into the dynamics of the European retail payments market

*Gain market insight to assist in your strategic planning and go-to-market strategy

Introduction



The payments industry is already under significant pressure, with fierce competition eroding margins. However, this is set to intensify over the next few years as the SEPA initiative drives the upheaval of the industry.



Scope



*Primarily covers the European payments market

*Areas covered include market challenges, the impact of SEPA and fraud issues



Highlights



Due to the lack of significant profit generation opportunities, banks are often reluctant to make any investments in their payments infrastructure. As a result, changes in the payments landscape are often driven by regulation (or the threat of it) rather than from internal necessity.



Payment processor service providers are an attractive proposition, particularly for smaller, or domestically focused banks which do not have the volume, either domestically or cross-border to merit investing in SEPA compliant payment processing themselves.



SEPA means that it will be necessary for banks to issue and acquire cards across the region. While card issuing should be easier from a theoretical point of view, security and risk issues concerning access to credit scoring, references and other customer information are likely to make it harder to put into practice.



Reasons to Purchase



*Gain visibility into the dynamics of the European retail payments market

*Gain market insight to assist in your strategic planning and go-to-market strategy