The Cards and Payments Industry in Australia: Emerging Trends and Opportunities to 2020
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(EMAILWIRE.COM, July 19, 2017 ) Publisher's 'The Cards and Payments Industry in Australia: Emerging Trends and Opportunities to 2020' report provides detailed analysis of market trends in the Australian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including direct debits, check payments, payment cards, cash transactions and credit transfers during the review period (2011-2015).
The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, and transaction values and volumes during the review period and over the forecast period (2016-2020). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes.
The report brings together Publisher's research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers details of regulatory policy and recent changes in the regulatory structure.
For more information about this report: http://www.reportsweb.com/the-cards-and-payments-industry-in-australia-emerging-trends-and-opportunities-to-2020
Report Scope
- This report provides a comprehensive analysis of the Australian cards and payments industry.
- It provides current values for the Australian cards and payments industry for 2015, and forecast figures to 2020.
- It details the different demographic, economic, infrastructural and business drivers affecting the Australian cards and payments industry.
- It outlines the current regulatory framework in the industry.
- It details marketing strategies used by various banks and other institutions.
Key Highlights
- The uptake of alternative payments among Australian consumers is gaining traction due to the availability of a number of options, such as Bpay, POLi payments, Paymate and PayPal. Most recently, in June 2016, Samsung Pay entered the Australian market in collaboration with American Express and Citibank. Similarly, in January 2016, NAB Pay was launched by National Australia Bank (NAB), which was followed by ANZ Bank's ANZ Mobile Pay the next month, respectively. Also, the country has presence of number of global alternative payment solutions such as Apple Pay, Master Pass and Android Pay. The entry of new payment solutions is likely to intensify competition in Australia's alternative payments market.
- To capitalize on the growing popularity of contactless payments, mobile network operator, Optus added new contactless bands and stickers to its mobile payments platform - Cash by Optus in February 2016. In 2015, the Commonwealth Bank of Australia (CBA) launched the Tap & Pay service for Android smartphone users. The service is based on near-field communication (NFC) technology, linked to the bank account. Australia's most widely used electronic payments system - Electronic Fund Transfer Point of Sale (Eftpos) - joined the contactless payments movement in 2014. Initiatives such as these are anticipated to drive contactless payments over the forecast period (2016-2020).
- The cost incurred on card transactions by merchants in Australia is passed on to the customers in the form of surcharges. To regulate excessive surcharges on credit and debit card payments, Reserve Bank of Australia (RBA) - the central bank in May 2016 issued a set of new guidelines. Under this, surcharge will be limited to costs incurred by merchants including bank fees and terminal costs. The new regulation is anticipated to result in a reduction in card payment cost and will ease cost pressure on goods and services for consumers. The new regulation will be effective from September 1, 2016 for large merchant and September 1, 2017 for other merchants.
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001356075/sample
Reason to Buy
- Make strategic business decisions, using top-level historic and forecast market data, related to the Australian cards and payments industry and each market within it.
- Understand the key market trends and growth opportunities in the Australian cards and payments industry.
- Assess the competitive dynamics in the Australian cards and payments industry.
- Gain insights into marketing strategies used for various card types in Australia.
- Gain insights into key regulations governing the Australian cards and payments industry.
Table of Content :-
1 DEFINITIONS AND METHODOLOGY
1.1 Definitions
1.2 Methodology
2 KEY FACTS AND HIGHLIGHTS
3 EXECUTIVE SUMMARY
4 PAYMENT INSTRUMENTS
4.1 Current Payment Environment
5 E-COMMERCE AND ALTERNATIVE PAYMENTS
5.1 E-Commerce Market Analysis
5.2 Alternative Payment Solutions
5.2.1 PayPal
5.2.2 Apple Pay
5.2.3 Android Pay
5.2.4 Samsung Pay
5.2.5 Master Pass
5.2.6 Visa Checkout
5.2.7 Bpay
5.2.8 ANZ Mobile Pay
5.2.9 NAB Pay
5.2.10 POLi Payments
5.2.11 Paymate
5.2.12 Cash by Optus
6 REGULATIONS IN THE CARDS AND PAYMENTS INDUSTRY
6.1 Regulatory Framework
6.2 Anti-Money Laundering (AML)
6.3 Foreign Direct Investment (FDI) Regulations
7 ANALYSIS OF CARDS AND PAYMENTS INDUSTRY DRIVERS
8 MARKET SEGMENTATION AND NEW PRODUCT LAUNCHES
8.1 Market Segmentation and Targeting
8.1.1 Consumer cards
8.1.2 Commercial cards
8.2 New Product Launches
9 PAYMENT CARDS
9.1 Payment Cards Market Analysis
9.1.1 Volume and value of payment card transactions by type
10 DEBIT CARDS
10.1 Debit Cards Market Analysis
10.1.1 Turnover per debit card and transaction values by channel
10.1.2 Debit card scheme and issuer shares in terms of transaction value
10.1.3 Debit cards comparison
11 PAY LATER CARDS
11.1 Pay Later Cards Market Analysis
11.1.1 Turnover per pay later card and transaction values by channel
11.1.2 Pay later card scheme and issuer shares in terms of transaction value
11.1.3 Pay Later cards comparison
12 COMMERCIAL PAY LATER CARDS
12.1 Commercial Pay Later Cards Market Analysis
12.1.1 Commercial pay later cards comparison
13 CARD FRAUD STATISTICS
14 CARD ISSUERS
14.1 Commonwealth Bank of Australia
14.2 Westpac Banking Corporation
14.3 National Australia Bank
14.4 ANZ Bank
14.5 Citibank Australia
14.6 American Express
15 PREPAID CARDS
15.1 Prepaid Card Market Analysis
15.1.1 Prepaid cards comparison
16 MERCHANT ACQUIRING
17 APPENDIX
17.1 Tables
17.2 Contact Publisher
17.3 About Publisher
17.4 Publisher's Services
17.5 Disclaimer
Inquire before Buying at http://www.reportsweb.com/inquiry&RW0001356075/buying
The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, and transaction values and volumes during the review period and over the forecast period (2016-2020). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes.
The report brings together Publisher's research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers details of regulatory policy and recent changes in the regulatory structure.
For more information about this report: http://www.reportsweb.com/the-cards-and-payments-industry-in-australia-emerging-trends-and-opportunities-to-2020
Report Scope
- This report provides a comprehensive analysis of the Australian cards and payments industry.
- It provides current values for the Australian cards and payments industry for 2015, and forecast figures to 2020.
- It details the different demographic, economic, infrastructural and business drivers affecting the Australian cards and payments industry.
- It outlines the current regulatory framework in the industry.
- It details marketing strategies used by various banks and other institutions.
Key Highlights
- The uptake of alternative payments among Australian consumers is gaining traction due to the availability of a number of options, such as Bpay, POLi payments, Paymate and PayPal. Most recently, in June 2016, Samsung Pay entered the Australian market in collaboration with American Express and Citibank. Similarly, in January 2016, NAB Pay was launched by National Australia Bank (NAB), which was followed by ANZ Bank's ANZ Mobile Pay the next month, respectively. Also, the country has presence of number of global alternative payment solutions such as Apple Pay, Master Pass and Android Pay. The entry of new payment solutions is likely to intensify competition in Australia's alternative payments market.
- To capitalize on the growing popularity of contactless payments, mobile network operator, Optus added new contactless bands and stickers to its mobile payments platform - Cash by Optus in February 2016. In 2015, the Commonwealth Bank of Australia (CBA) launched the Tap & Pay service for Android smartphone users. The service is based on near-field communication (NFC) technology, linked to the bank account. Australia's most widely used electronic payments system - Electronic Fund Transfer Point of Sale (Eftpos) - joined the contactless payments movement in 2014. Initiatives such as these are anticipated to drive contactless payments over the forecast period (2016-2020).
- The cost incurred on card transactions by merchants in Australia is passed on to the customers in the form of surcharges. To regulate excessive surcharges on credit and debit card payments, Reserve Bank of Australia (RBA) - the central bank in May 2016 issued a set of new guidelines. Under this, surcharge will be limited to costs incurred by merchants including bank fees and terminal costs. The new regulation is anticipated to result in a reduction in card payment cost and will ease cost pressure on goods and services for consumers. The new regulation will be effective from September 1, 2016 for large merchant and September 1, 2017 for other merchants.
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001356075/sample
Reason to Buy
- Make strategic business decisions, using top-level historic and forecast market data, related to the Australian cards and payments industry and each market within it.
- Understand the key market trends and growth opportunities in the Australian cards and payments industry.
- Assess the competitive dynamics in the Australian cards and payments industry.
- Gain insights into marketing strategies used for various card types in Australia.
- Gain insights into key regulations governing the Australian cards and payments industry.
Table of Content :-
1 DEFINITIONS AND METHODOLOGY
1.1 Definitions
1.2 Methodology
2 KEY FACTS AND HIGHLIGHTS
3 EXECUTIVE SUMMARY
4 PAYMENT INSTRUMENTS
4.1 Current Payment Environment
5 E-COMMERCE AND ALTERNATIVE PAYMENTS
5.1 E-Commerce Market Analysis
5.2 Alternative Payment Solutions
5.2.1 PayPal
5.2.2 Apple Pay
5.2.3 Android Pay
5.2.4 Samsung Pay
5.2.5 Master Pass
5.2.6 Visa Checkout
5.2.7 Bpay
5.2.8 ANZ Mobile Pay
5.2.9 NAB Pay
5.2.10 POLi Payments
5.2.11 Paymate
5.2.12 Cash by Optus
6 REGULATIONS IN THE CARDS AND PAYMENTS INDUSTRY
6.1 Regulatory Framework
6.2 Anti-Money Laundering (AML)
6.3 Foreign Direct Investment (FDI) Regulations
7 ANALYSIS OF CARDS AND PAYMENTS INDUSTRY DRIVERS
8 MARKET SEGMENTATION AND NEW PRODUCT LAUNCHES
8.1 Market Segmentation and Targeting
8.1.1 Consumer cards
8.1.2 Commercial cards
8.2 New Product Launches
9 PAYMENT CARDS
9.1 Payment Cards Market Analysis
9.1.1 Volume and value of payment card transactions by type
10 DEBIT CARDS
10.1 Debit Cards Market Analysis
10.1.1 Turnover per debit card and transaction values by channel
10.1.2 Debit card scheme and issuer shares in terms of transaction value
10.1.3 Debit cards comparison
11 PAY LATER CARDS
11.1 Pay Later Cards Market Analysis
11.1.1 Turnover per pay later card and transaction values by channel
11.1.2 Pay later card scheme and issuer shares in terms of transaction value
11.1.3 Pay Later cards comparison
12 COMMERCIAL PAY LATER CARDS
12.1 Commercial Pay Later Cards Market Analysis
12.1.1 Commercial pay later cards comparison
13 CARD FRAUD STATISTICS
14 CARD ISSUERS
14.1 Commonwealth Bank of Australia
14.2 Westpac Banking Corporation
14.3 National Australia Bank
14.4 ANZ Bank
14.5 Citibank Australia
14.6 American Express
15 PREPAID CARDS
15.1 Prepaid Card Market Analysis
15.1.1 Prepaid cards comparison
16 MERCHANT ACQUIRING
17 APPENDIX
17.1 Tables
17.2 Contact Publisher
17.3 About Publisher
17.4 Publisher's Services
17.5 Disclaimer
Inquire before Buying at http://www.reportsweb.com/inquiry&RW0001356075/buying
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ReportsWeb.com
Priya Sisodia
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results