SYS-CON MEDIA Authors: Trevor Parsons, Doug Masi, Mat Mathews, PR.com Newswire, David Smith

News Feed Item

Expanding Opportunities in the Financial Cards and Payments Industry

FARMINGTON, Conn., Feb. 20, 2013 /PRNewswire-iReach/ -- Debit and pre-paid card products have posted double-digit growth rates in volume nearly ever year across the last decade, as these card types continue their surge globally. These debt-free products have been used as a tool for reaching the unbanked across many markets, as well as a way of budgeting for even the most financially savvy in developed markets.

(Photo: http://photos.prnewswire.com/prnh/20130220/CG63484)

The new report, "Expanding Opportunities in Debit and Pre-paid Card Products" offers insight into the size and shape of the Consumer Finance market, highlights buzz topics, emerging geographies, categories and trends as well as pressing industry issues and white spaces. It identifies the leading companies and offers strategic analysis of key factors influencing the market. Forecasts provide an invaluable perspective on market evolution and the criteria for success.

A full table of contents for the report can be found here, and free sample pages from the full report are available here.

Meanwhile, the market for financial cards and payments in Indonesia is supported by a strengthening economic environment. Trends highlighting 2012 included gradually increasing standards of living and a growing middle class. While transaction volumes only grew marginally in 2012, transaction value rose at a notably faster rate.

Euromonitor's new report, "Financial Cards and Payments in Indonesia" establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

A full table of contents for the report can be found here, and free sample pages from the full report are available here.

As America continues to struggle with an economy in hyper-flux, the private label card industry has stabilized the free-fall seen in the 2007-2010 period, setting the stage for future growth. With essentially all portfolios now being managed by third parties, improved credit quality and declining charge-offs, and indicators that consumer retail sales are picking up, issuers and retailers are focusing on their respective strengths moving forward.

There will still be hiccups in a return to growth but Packaged Facts forecasts receivables for private label card programs to reach $152 billion by 2015. While not to the levels seen pre-recession of $156 billion in 2007, the market should be cautiously optimistic. The future will still see many challenges but hopefully the good kind - such as how to integrate mobile technologies in to private label programs.

"Private Label Credit Cards in the U.S., 8th Edition" presents data and analysis on the private label retail card industry in the United States for the 2006-2010 period with forecasts through 2015. The report analyzes the size and growth of the market using several key metrics including purchase volume and receivables, as well as covering trends and factors that affect the industry. Included is an analysis of the retail sector with particular focus on segments within which private label card programs are most used. In addition, competitive activity among issuers is presented and key competitors are profiled. Also included is an extensive analysis of consumer preferences, usage and demographics for various private label card types and programs.

This report will be released on May 20, 2013. To preview the report, a full table of contents can be found here, and free sample pages are available here.

For more market research highlights, technical research news and industry updates, please visit http://www.giiresearch.com/press/

About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.

Media Contact: Jeremy Palaia, Global Information, Inc., 1-860-674-8796, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Global Information, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.