World Payment Cards Market Brief

World Payment Cards Market Brief

The global outlook series on Payment Cards provides statistical anecdotes, market briefs, and concise summaries of research findings. The report provides a recapitulation of recent mergers, acquisitions, and other noteworthy strategic corporate developments. The report also offers a prelude to major regional markets, providing the reader with a macro level understanding of markets. Major markets discussed include United States, Canada, Japan, Europe, Austria, Belgium, Germany, Hungary, Italy, Switzerland, UK, China, Hong Kong, Malaysia, South Korea, Argentina, Brazil, and Mexico, among others. The report also includes an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 371 companies worldwide.

PAYMENT CARDS GOS-042
A GLOBAL OUTLOOK, SEPTEMBER 2008


Contents


1. Overview 1
Payment Cards 1
Credit Cards 1
Debit Cards 1
Charge Cards 1
Commercial Cards 1
Cash Cards or Prepaid Cards 1
Electronic Payments 1
ATM and Debit Card Industry 2
Payment Card Activity 3
Issues and Implications 3
Market Concentration 3
Vertical Integration and Economies of Scale 3
Pricing 3
Access 3
Risk Factors 3

2. Global Market 4
Credit and Debit Cards 4
Market Overview 4
Contactless Payment Cards Market Set to Grow 4
Consolidation Reshapes the Credit Cards Sector 5
Market Growing for Prepaid Health Care Cards 5
Advent of 'Top-Up' Payment Cards 5
Table 1: Leading Brands in the Global Credit and Debit Cards
Market (2005): Percentage Breakdown of Sales for Visa,
MasterCard, American Express, and Others 6
Credit Cards 6
Market Overview 6
European Credit Market 6
Mortgage Vs Non-Mortgage Credit 6
Retailers - Emerging Credit Providers 6
Table 2: Global Credit Cards Market Analysis by Geographic
Region - USA, Canada, Japan, Europe, Asia-Pacific,
(excluding Japan), Latin America and Rest of World Markets
Independently Analyzed with Annual Usage in Millions for
Years 2003 through 2008 7

Table 3: Global Credit Cards Market (2004 & 2008):
Percentage Breakdown of Usage by Geographic Region - USA,
Canada, Japan, Europe, Asia-Pacific, Latin America and Rest
of World 7

Table 4: Global Credit Cards Market (2005): Percentage
Breakdown of Online Payments through Credit Cards by Country
- UK, Australia, France, Japan, Germany, Austria, Italy, and
Spain 8
Smart Cards 8
USA - An Exciting Market 8
Corporate Developments 8
Technology Upgradation 8
Table 5: Global Smart Cards Market Analysis by Geographic
Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America and Rest of World Markets
Independently Analyzed with Annual Shipments in Million
Units for Years 2003 through 2008 8

Table 6: Global Smart Cards Market (2004 & 2008): Percentage
Breakdown of Unit Shipments by Geographic Region - USA,
Canada, Japan, Europe, Asia-Pacific, Latin America and Rest
of World 9

Table 7: Global Smart Cards Market Analysis by Geographic
Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America and Rest of World Markets
Independently Analyzed with Annual Shipments in US$ Million
for Years 2003 through 2008 9

Table 8: Global Smart Cards Market (2004 & 2008): Percentage
Breakdown of Dollar Shipments by Geographic Region - USA,
Canada, Japan, Europe, Asia-Pacific, Latin America and Rest
of World 10

Table 9: Global Smart Cards Market Analysis by Product
Segment - Memory Cards and Microprocessor Cards Markets
Analyzed with Annual Shipments in Million Units for Years
2003 through 2008 10

Table 10: Global Smart Cards Market (2004 & 2008):
Percentage Breakdown of Unit Shipments by Product Segment -
Memory Cards and Microprocessor Cards 11

Table 11: Global Smart Cards Market by Product Segment -
Memory Cards and Microprocessor Cards Markets Analyzed with
Annual Shipments in US$ Million for Years 2003 through 2008 11

Table 12: Global Smart Cards Market (2004 & 2008):
Percentage Breakdown of Dollar Shipments by Product Segment
- Memory Cards and Microprocessor Cards 11

Table 13: Global Smart Cards Market by End-Use Application -
Telecommunications, Financial/Banking,
Government/Healthcare, Security, Public Transportation and
Other Applications Markets Independently Analyzed with
Annual Shipments in Million Units for Years 2003 through
2008 12

Table 14: Global Smart Cards Market (2004 & 2008):
Percentage Breakdown of Unit Shipments by End-Use
Application - Telecommunications, Financial/ Banking,
Government/Healthcare, Security, Public Transportation and
Other Applications 12

Table 15: Global Smart Cards Market by End-Use Application -
Telecommunications, Financial/Banking,
Government/Healthcare, Security, Public Transportation and
Other Applications Markets Independently Analyzed with
Annual Shipments in US$ Million for 2003 through 2008 13

Table 16: Global Smart Cards Market (2004 & 2008):
Percentage Breakdown of Dollar Shipments by End-Use
Application - Telecommunications, Financial/Banking,
Government/ Healthcare, Security, Public Transportation and
Other Applications 13
Travel and Entertainment Cards 14
Market Overview 14

3. Mergers and Acquisitions 14

4. Strategic Corporate Developments 29

5. Product Launches 33

A REGIONAL PERSPECTIVE

1. North America 37
Smart Cards 37
Market Overview 37

1a. United States 37
Payment Cards 37
Market Overview 37
Market for Contactless Payment Cards Offer Bright Prospects 38
Card-Enabled Accounts Rise in Popularity 38
Online Debit Cards 38
Market Overview 38
Credit Cards 39
Market Overview 39
Credit Card Transactions Goes Up 39
Table 17: Leading Credit Cards Brands in the US (2005 &
2006): Percentage Breakdown of Sales for Visa, MasterCard,
American Express and Others 40

Table 18: Leading Credit Card Brands in the US (2005): Media
Expenditure in US$ Million for American Express, Visa USA,
MasterCard, Capital One, Citigroup, Chase, Morgan Stanley,
MBNA, Bank of America and First Data 40

Table 19: US Credit Card Market - Bill Payments through the
Internet in Millions Users for the Years 2003 through 2008 40

Table 20: Credit Card Ownership by Household Income in the US
(2005): Survey Percentage of Income levels Less than
US$20,000, US$20, 000-US$30,000, US$30,000-US$50,000, and
More Than US$50,000 41

Table 21: Credit Card Market in the US (2005): Survey
Percentages of Credit Card Holders Using Credit Cards for
Short-Term Loans Ranked by Household Income - Less than
US$20,000, US$20,000-US$30,000, US$30,000-US$50,000 and More
Than US$50,000 41

Table 22: Credit Card Market in the US (2005): Percentage
Breakdown of Cards Used by Female Customers for Consumer
Store Gasoline Purchases by Card Type - Debit Card, Major
Credit Card, and Branded Gas Credit Card 41

Table 23: Credit Cards Market in the US (2005): Survey
Percentage for Cards Used for Consumer Store Gasoline
Purchase by Age Group - 18 to 29, 30 to 39, 40 to 54, 55 &
Above 41

Table 24: Credit Card Usage in the US (2005): Consumer Survey
Percentage by Most Preferred Marketing Channel - Direct Mail,
TV/Radio/ Print Ads, Live Salesperson, Comparison Web
shopping, E-Mail, Bank Web Sites, Internet Banners,
Telemarketing, and Don’t Know/No Response 42

Table 25: Credit Card Market in the US (2006): Percentage
Breakdown for Leading Credit Card Issuers - Bank of America,
JPMorgan Chase, Citigroup, Capital One, Discover, American
Express, HSBC, Washington Mutual, Wells Fargo, and Others 42

Table 26: Credit Card Ownership in the US (2005): Survey
Percentage by Age Group - 18 Years, 30-49, 50-64, and Above
65 Years 43

Table 27: Payment of Monthly Credit Card Bills in the US
(2005): Survey Percentage of People Paying full Amount,
Usually Pay Full Amount, Usually Leave Balance, and Pay
Minimum Amount or Less 43
Smart Cards 43
Market Overview 43
Table 28: US Smart Card Market by Product Segment - Memory
Cards and Microprocessor Cards Markets Independently
Analyzed with Annual Shipments in Million Units for Years
2003 through 2008 44

Table 29: US Smart Card Market (2004 & 2008): Percentage
Breakdown of Unit Shipments by Product Segment - Memory
Cards and Microprocessor Cards 44

Table 30: US Smart Card Market by Product Segment - Memory
Cards and Microprocessor Cards Markets Independently
Analyzed with Annual Shipments in US$ Million for Years 2003
through 2008 44

Table 31: US Smart Card Market (2004 & 2008): Percentage
Breakdown of Dollar Shipments by Product Segment - Memory
Cards and Microprocessor Cards 44

Table 32: US Smart Card Market by End-Use Application -
Telecommunications, Financial/ Banking,
Government/Healthcare, Security, Public Transportation, Pay
TV, and Others Markets Independently Analyzed with Annual
Shipments in Million Units for Years 2003 through 2008 45

Table 33: US Smart Card Market (2004 & 2008): Percentage
Breakdown of Unit Shipments by End-Use Application -
Telecommunications, Financial/Banking,
Government/Healthcare, Security, Public Transportation, Pay
TV, and Others 45

Table 34: US Smart Card Market by End-Use Application -
Telecommunications, Financial/ Banking,
Government/Healthcare, Security, Public Transportation, Pay
TV and Others Markets Independently Analyzed with Annual
Shipments in US$ Million for Years 2003 through 2008 46

Table 35: US Smart Card Market (2004 & 2008): Percentage
Breakdown of Dollar Shipments by End-Use Application
-Telecommunications, Financial/ Banking,
Government/Healthcare, Security, Public Transportation, Pay
TV and Others 46
Bank Cards 47
A Lucrative Product 47

1b. Canada 47
Market Overview 47

2. Japan 47
Market Overview 47

3. Europe 48
Trends in the Credit/Debit Cards Market 48
Point-of-Sale Debit Cards 48

3a. Austria 48
Trends in Credit Card Market 48
Quick Purse Scheme 49
Trends in Debit Card Market 49

3b. Belgium 49
Payment Cards 49
Market Overview 49
Role of Banks 49

3c. Germany 50
Market Overview 50
Table 36: Leading Credit Card Issuers in Germany (2006):
Percentage Breakdown for Landesbank Berlin, Barclaycard, RBS,
Citibank, Deutsche Bank, Karstadtquelle, Santander Consumer
Bank, and Others 50

Table 37: Payment Cards Market in Germany (2005): Breakdown
of Non-Cash Transactions in Value (€ Billion) and Volume
(Million) by Payment Instrument Type - Credit Transfers,
Direct Debits, Cheques, Debit Card, Cards with Credit and/of
Delayed Debit Function, and e-Money 51

3d. Hungary 51
Market Overview 51
Market Giants 51

3e. Italy 52
Market Overview 52
Invoicing - An Emerging Market 52

3f. Poland 52
Credit Card Market in Doldrums 52

3g. Russia 52
Credit Card Market Exhibits Strong Growth 52
Trends in the International Payment Cards 53

3h. Spain 53
Market Overview 53
Private Label Cards 53
Foreign Players 53

3i. Switzerland 54
Market Overview 54
Key Players 54
Neutral Credit Card - A Novelty 54
Debit Cards Vs Credit Cards 54
Role of Branded Cards 54

3j. The Netherlands 54
Payment Cards 54
Market Overview 54
Debit Cards - Preferred Payment Mode 54
Market Leaders 54

3k. United Kingdom 55
Market Overview 55
Table 38: UK Market for Payment Cards by Card Type - Credit
Cards and Debit Cards Markets Independently Analyzed with
Annual Usage in Million for Years 2003 through 2008 55

Table 39: Payment Cards Market in the UK (2004 & 2008):
Percentage Breakdown of Volume Usage by Card Type -Debit
Cards and Credit Cards 55

4. Asia-Pacific 56
Table 40: Credit Cards Market in Asia (2010): Value Spent in
US$ Million on Credit Cards by Select Country - Korea, Taiwan,
China, Hong Kong, Thailand, Singapore, India, Malaysia,
Philippines, and Indonesia 56

4a. Australia 56
Reforms & Regulations 56
Market Controllers 56
Table 41: Australian Market for Payment Cards by Type - Debit
Cards and Credit Cards Markets Independently Analyzed with
Annual Usage in Million for Years 2003 through 2008 57

4b. China 57
Trends in Bank Cards Market 57

4c. Hong Kong 57
Market Overview 57
Table 42: Leading Players in Hong Kong Credit Card Market
(2006): Percentage Breakdown of Sales for HSBC, Standard
Chartered, Citigroup, DBS, and Others 58

4d. Malaysia 58
Market Overview 58
Table 43: Credit Cards Market in Malaysia - Usage in
Thousands for Years 2003 through 2008 59

Table 44: Non-Cash Retail Payments in Malaysia (2002-2005):
Percentage Breakdown of Volume by Type - E-money Toll
Payments, Cheques, Credit Cards, Interbank Giro Credit
Transfer, Charge Cards, Debit Cards, and E-money Retail
Payments 59

4e. Singapore 60
Market Overview 60
Check Truncation System 60
CTS - Application Areas 60

4f. South Korea 60
Market Overview 60
Role of Government 60
Bank Giro System 60
Electronic Payments 60
Table 45: Payment Cards Issued through Electronic Fund
Transfer at Point of Sale System in South Korea: Number of
Cards Issued in Millions for Years 2003 through 2008 61
Trends in Credit Cards Market 61
Market Profile 61
Table 46: Credit Cards Market in South Korea - Cards Issued
in Millions for the Years 2003 through 2008 61

4g. Thailand 62
Adult Payment Cards 62
Market Overview 62
Table 47: Adult Payment Card Holder in Thailand by Card Type
- Debit Card (Bankcards) and Credit Card in Millions for
2003 through 2008 62

5. Latin America 62

5a. Argentina 62
Market Overview 62
Credit Card Market - On Recovery Path 62
Payment Cards - Market Condition in Latin America 63
Table 48: Visa and MasterCard Payment Card Market in
Argentina - Number of Cards Issued in Millions for Years
2003 through 2008 63

5b. Brazil 63
Market Overview 63
Table 49: Leading Brands in the Brazilian Credit Card Market
(2005): Percentage Breakdown for MasterCard, Visa, and Diners 63

Table 50: Brazilian Payment Cards Market by Card Type -
Credit Cards and Debit Cards Markets Independently Analyzed
with Annual Usage in Millions for Years 2003 through 2008 64

Table 51: Payment Cards Market in Brazil (2004 & 2008):
Percentage Breakdown of Usage by Card Type - Debit Cards and
Credit Cards 64

5c. Mexico 64
Market trends in the Payment Cards Sector 64
Remittance Services 64
Corporate Developments 65
Table 52: Mexican Payment Cards Market by Card Type - Credit
Cards and Debit Cards Markets Independently Analyzed with
Annual Usage in Millions for Years 2003 through 2008 65

Table 53: Payment Cards Market in Mexico (2004 & 2008):
Percentage Breakdown of Usage by Card Type - Debit Cards and
Credit Cards 65

6. Rest of World 66

6a. Turkey 66
Market Overview 66

6b. South Africa 66
Market Overview 66
Cashless Payments 66


GLOBAL DIRECTORY