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United Kingdom%s Credit Cards Market Players - Competitive Dynamics

United Kingdom%s Credit Cards Market Players - Competitive Dynamics

  • July 2016
  • 39 pages
  • ID: 4012239
  • Format: PDF
  • By GlobalData

Summary

Table of Contents

Summary
United Kingdom's Credit Cards Market Players - Competitive Dynamics; is an exhaustive research report outlaying Credit Cards usage in United Kingdom. The report provides year on year statistics on Cards in Issue, Balance Outstanding, Number of Transactions (including transaction by ATM and Frequency of Use) and Value of Transactions split by Banks and Financial Institutions.

Key Findings
Verdict Financial considers Credit Card as a revolving payment card providing consumers with access to a line of credit. Consumers make payments using their card and receive a bill at the end of the billing cycle. The card issuer usually demands a minimum payment against the outstanding balance, but beyond this the customer can choose how much of the bill he wishes to repay, up to and including 100% of the balance outstanding. Any balances that are not repaid within the interest-free period offered by the card incur interest at the rate advertised by the card issuer. A revolving credit card may or may not be linked to a customer's bank account.

The report "United Kingdom's Credit Cards Market Players - Competitive Dynamics" is the result of Verdict Financial's extensive market research covering the cards and payments industry in United Kingdom. It provides detailed credit cards usage statistics by issuing banks or financial institution on parameters like Number of Transactions, Frequency of Use, Balance Outstanding, Cards Issued and Value of Transactions.

Verdict Financial's "United Kingdom's Credit Cards Market Players - Competitive Dynamics" report acts as an essential tool for companies active across the UK cards and payments value chain and for new players considering entering the market. The comprehensive statistics within the report provides insight into the operating environment of Credit Cards in United Kingdom and also ensures right business decision making based on historical trends.

*This is an on-demand report and will be delivered within 2 working days (excluding weekends) of the purchase.

Synopsis
"United Kingdom's Credit Cards Market Players - Competitive Dynamics" provides the readers with credit cards usage broken down by issuing banks or financial institution for the period 2009 to 2014.

In particular, it provides statistics for:
- Number of cards issued
- Balances outstanding
- Number of transactions
- Value of transactions

Reasons To Buy
- Enhance your knowledge of the credit card usage split down by issuing banks or financial institution in United Kingdom.

- Understand how the credit card market in United Kingdom has performed in the historic period including quantitative data for transactions, value of transactions, and cards in use.

- Gain knowledge on how each card issuing banks or financial institution have performed in the last 5 years.

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