1. Market Research
  2. > Financial Services
  3. > Banking
  4. > Payments Market Trends
Insight Report: The Future of Consumer Payments – Contactless Cards or NFC Mobile?

Insight Report: The Future of Consumer Payments – Contactless Cards or NFC Mobile?

  • October 2016
  • 45 pages
  • ID: 4272039
In this report:
According to the 2016 Ericsson Mobility report, there are more than ##.## billion smartphone subscriptions in the world - equivalent to around half the world's total population - and this is expected to grow at a compound annual growth rate (CAGR) of ##%, to reach ##.## billion in 2021.
According to research by Octopus, more than ##% of Hong Kong residents aged ##-## have an Octopus card, and spent almost US$## million daily through Octopus cards in 2015.

Summary

Table of Contents

Search Inside

Abstract

Timetric's 'Insight Report: The Future of Consumer Payments - Contactless Cards or NFC Mobile?' examines the evolution of contactless payment and its impact on participants in the payment sector.

The analysis further explores the status of contactless payments globally, and regional differences in adoption. It offers exhaustive insights on the contactless payment market by region, including Europe, North and South America, Asia Pacific (APAC), and Middle East and African continent.

The market research also offers in-depth insights on top indicators including overall contactless transaction value, contactless card shipment, NFC payments and the number of contactless POS terminals.

Brief

Timetric's 'Insight Report: The Future of Consumer Payments - Contactless Cards or NFC Mobile?' offers market analysis, info and industry insights on contactless payments globally, containing:

- Current and forecast analysis of contactless payment market, containing previous and future market increase.

- Comprehensive analysis of contactless payments through cards and mobile handsets.

- Business insights on the evolution and the level of adoption of contactless payments by region.

- Comprehensive analysis on the impact of contactless on payment participants, including consumers, merchants, PSPs and card schemes.

Overview

This industry report:

- Offers a exhaustive analysis of the contactless payment market worldwide.

- Offers the current value and forecast analysis of the contactless payment market.

- Includes regional analysis with respect to contactless cards and NFC mobile payments.

- Assesses the impact of contactless on participants in the payment sector.

- Examines regional differences in the adoption of contactless.

Great reasons to purchase

- Gain understanding of the future of consumer payments, containing contactless cards or NFC mobile.

- Gain insights into the evolution of contactless payment.

- Distinguish the impact of contactless on payment participants, including PSPs, merchants, schemes and consumers.

- Understand why some regions are falling behind whereas others are developed.

- Comprehend the impact of the EMV migration on contactless payments.

Key Findings

- Timetric estimates that $358.0B in contactless transactions will be made in 2016, through both cards and mobile devices, on 23 million contactless-enabled POS terminals globally.

- While most contactless payments globally are still card-based, near-field communication mobile payments are likely to grow faster than contactless card payments.

- Australia (AU), Europe (EU) and Canada (CA) account for the majority of contactless card payments globally, while the U.S. leads in mobile NFC payments.

- Mass transit systems are one of the biggest markets for contactless transactions, and as a result, have played a main role in the promotion and adoption of contactless.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Nicolas helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Mobile Payment Technologies Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

Mobile Payment Technologies Industry: Forecasts to 2026

  • $ 5795
  • Industry report
  • September 2018
  • by Transparency Market Research

Global Mobile Payment Technologies Market: OverviewThe report on the global mobile payment technologies market provides analysis for the period between 2016 and 2026, wherein 2016 is the base year, and ...

Mobile Payment Technologies Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Mobile Payment Technologies Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

  • $ 4795
  • Industry report
  • July 2018
  • by Infinium

The report on global mobile payment technologies market provides qualitative and quantitative analysis for the period of 2016 to 2024.The report predicts the global mobile payment technologies market to ...

Global Mobile Payments Market

Global Mobile Payments Market

  • $ 4250
  • Industry report
  • August 2018
  • by Mordor Intelligence LLP

Mobile Payments Market SizeThe mobile payment market was valued at USD 668.12 billion in 2017 and is expected to reach a value of USD 2410.75 billion by 2023 at a CAGR of 23.85% during the forecast period ...


ref:plp2016

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on