Your SlideShare is downloading. ×
 Canadas Cards and Payments Industry:Latest Industry Size Research Report
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Canadas Cards and Payments Industry:Latest Industry Size Research Report

60

Published on


Canadas Cards and Payments Industry:Latest Industry Size Research Report
@ http://www.researchmoz.us/canadas-cards-and-payments-industry-emerging-opportunities-trends-size-drivers-strategies-products-and-competitive-landscape-report.html

Published in: Business, Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
60
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Canadas Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape Synopsis The report provides market analysis, information and insights into Canada’s cards and payments industry, including: Current and forecast values for each category of Canada’s cards and payments industry including debit cards, credit cards, prepaid cards and charge cards Comprehensive analysis of the industry’s market attractiveness and future growth areas Analysis of various market drivers and regulations governing Canada’s cards and payments industry Detailed analysis of the marketing strategies adopted for selling debit, credit, charge and prepaid cards used by various bankers and other institutions in the market Comprehensive analysis of consumer attitudes and their buying preferences for cards Competitive landscape of Canada’s cards and payments industry Executive summary The Canadian card payments channel recorded growth during the review period (2008–2012). In terms of the volume of cards in circulation, the card payments channel posted a review-period CAGR of 4.55% to reach 153.1 million cards in 2012. Growth in consumer spending, a shift in consumer preference towards cashless transactions, and the increased acceptance of cards by retailers contributed to the growth of the Canadian card payments channel. The volume of cards in circulation is expected to post a forecast-period (2013−2017) CAGR of 4.66%, to reach 190.8 million cards in 2017. The Canadian card payments channel grew substantially both in volume and value terms during the review period. In terms of the number of transactions, the channel grew from 7.2 billion in 2008 to 8.5 billion in 2012, at a review-period CAGR of 4.27%. Debit card transactions were the key driver, followed by charge cards. The growing demand for prepaid and credit cards among Canadian consumers also contributed to the growth of the number of transactions during the review period. Over the forecast period, total card transactions volume is expected to post a forecast-period CAGR of 3.57%, to reach 10.2 billion in 2017. Scope This report provides a comprehensive analysis of Canada’s cards and payments industry. It provides current values for Canada’s cards and payments industry for 2012 and forecast figures for 2017. It details the different macroeconomic, infrastructural, consumer and business drivers affecting Canada’s cards and payments industry. It outlines the current regulatory framework in the industry. It details the marketing strategies used by various bankers and other institutions. It profiles the major banks in Canada’s cards and payments industry. Reasons to buy Make strategic business decisions using historic and forecast market data related to Canada’s cards and payments industry and each market within it. Understand the key market trends and growth opportunities within Canada’s cards and payments industry. Assess the competitive dynamics in Canada’s cards and payments industry. Gain insights into the marketing strategies used for selling various types of cards in Canada. Gain insights into key regulations governing Canada’s cards and payments industry. Key highlights Canadas Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
  • 2. Credit cards was the largest category in the card payments channel in 2012, accounting for a 51.8% share. The second-largest share was occupied by the debit card category with 24.5%. The prepaid cards category followed with 20.6% and the charge cards category accounted for 3.1%. Consumers are slowly moving away from cash and adopting other modes of payment such as cards and electronic fund transfers. While cash continues to be an important part of the payments system, it is increasingly being displaced by non-cash channels. The share of cash transactions fell during the review period, from 2.3% in 2008 to 2.0% in 2012. Commercial banks and retailers have been aggressively promoting contactless payment technology to increase the speed and convenience of payments for consumers. The technology also offers improved security and helps to control fraudulent transactions. The major contactless payment technologies used in Canada include Interac’s Interac Flash, Visa’s payWave and MasterCard’s PayPass. Banks and retail outlets in Canada expanded their infrastructure networks during the review period. The number of automatic teller machines (ATMs) installed increased from 57,900 in 2008 to 60,346 in 2012, at a review-period CAGR of 1.04%. The increasing acceptance of debit and credit cards at retail outlets and a consumer shift towards direct card purchases resulted in a rising number of point of sale (POS) transactions during the review period. table Of Contents 1 Executive Summary 2 Analysis Of Market Environment, Key Trends And Drivers 2.1 Payment Infrastructure And Emerging Technologies 2.1.1 Atms 2.1.2 Pos Terminals 2.1.3 Internet And Smartphone Penetration 2.1.4 Advanced Security Measures 2.1.5 Network-related Advancements 2.2 Business Drivers 2.2.1 Mobile Payments 2.2.2 E-commerce Dynamics 2.2.3 Increasing Competition 2.2.4 Increased Corporate And Government Use Of Prepaid Cards 2.3 Economic Drivers 2.3.1 Gdp Per Capita 2.3.2 Positive Job Market 2.3.3 Large Economically-active Population 3 Cards And Payments Industry Share Analysis 3.1 Industry Overview 3.1.1 Cash 3.1.2 Checks Canadas Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
  • 3. 3.1.3 Direct Debit 3.1.4 Credit Transfer 3.1.5 Cards 4 Regulatory Framework And Card Fraud Statistics 4.1 Regulatory Framework 4.1.1 Regulations Pertaining To Cards 4.1.2 Anti-money Laundering Framework 4.1.3 Foreign Direct Investment (fdi) Regulation 4.2 Card Fraud Statistics 4.2.1 Card-not-present 4.2.2 Counterfeit Cards 4.2.3 Cards Lost Or Stolen 5 Emerging Consumer Attitudes And Trends 5.1 Market Segmentation And Targeting 5.1.1 Retail Segment 5.1.2 Corporate Segment 5.2 Travel And Tourism Spending 5.2.1 Outbound Tourists Volume 5.2.2 Outbound Tourist Expenditure 5.3 Retail Card Spending 5.3.1 Analysis By Product Categories 5.3.2 Analysis By Retail Channels 6 Analysis Of Card Payments And Growth Prospects 6.1 Channel Share Analysis By Card Category 6.2 Size And Forecast Of The Card Payments Channel 6.2.1 Analysis By Volume Of Cards In Circulation 6.2.2 Analysis By Transaction Value 7 Analysis Of Credit Card Payments And Growth Prospects 7.1 Overall Category Size And Forecast 7.1.1 Analysis By Volume Of Cards In Circulation 7.1.2 Analysis By Transaction Value 7.1.3 Analysis By Transaction Volume 7.2 Transaction Share Analysis By Channel 7.2.1 Analysis By Transaction Value 7.2.2 Analysis By Transaction Volume Canadas Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
  • 4. 7.3 Personal Credit Cards Sub-category Size And Forecast 7.3.1 Analysis By Volume Of Cards In Circulation 7.3.2 Analysis By Transaction Value 7.3.3 Analysis By Transaction Volume 7.4 Commercial Credit Cards Sub-category Size And Forecast 7.4.1 Analysis By Number Of Cards In Circulation 7.4.2 Analysis By Transaction Value 7.4.3 Analysis By Transaction Volume 7.5 Competitive Landscape 7.5.1 Scheme Share Analysis 7.5.2 Issuer Share Analysis 8 Analysis Of Debit Card Payments And Growth Prospects 8.1 Overall Category Size And Forecast 8.1.1 Analysis By Volume Of Cards In Circulation 8.1.2 Analysis By Transaction Value 8.1.3 Analysis By Transaction Volume 8.2 Transaction Share Analysis By Channel 8.2.1 Analysis By Transaction Value 8.2.2 Analysis By Transaction Volume 8.3 Competitive Landscape 8.3.1 Scheme Share Analysis 8.3.2 Issuer Share Analysis 9 Analysis Of Charge Card Payments And Growth Prospects 9.1 Overall Category Size And Forecast 9.1.1 Analysis By Volume Of Cards In Circulation 9.1.2 Analysis By Transaction Value 9.1.3 Analysis By Transaction Volume 9.2 Transaction Share Analysis By Channel 9.2.1 Analysis By Transaction Value 9.2.2 Analysis By Transaction Volume 9.3 Personal Charge Cards Sub-category Size And Forecast 9.3.1 Analysis By Number Of Cards In Circulation 9.3.2 Analysis By Transaction Value 9.3.3 Analysis By Transaction Volume 9.4 Commercial Charge Cards Sub-category Size And Forecast 9.4.1 Analysis By Volume Of Cards In Circulation 9.4.2 Analysis By Transaction Value 9.4.3 Analysis By Transaction Volume 9.5 Competitive Landscape Canadas Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
  • 5. 10 Analysis Of Prepaid Card Payments And Growth Prospects 10.1 Overall Category Size And Forecast 10.1.1 Analysis By Volume Of Cards In Circulation 10.1.2 Analysis By Transaction Value 10.2 Open-loop Prepaid Cards Segment Size And Forecast 10.2.1 Analysis By Number Of Cards In Circulation 10.2.2 Analysis By Transaction Value 10.3 Closed-loop Prepaid Cards Segment Size And Forecast 10.3.1 Analysis By Volume Of Cards In Circulation 10.3.2 Analysis By Transaction Value 11 Merchant Acquiring 11.1 Merchant Acquirers 12 Company Profiles Of Card Issuers 12.1 Cibc 12.1.1 Key Financials 12.1.2 Card Portfolio 12.1.3 Strategies 12.2 Rbc 12.2.1 Key Financials 12.2.2 Card Portfolio 12.2.3 Strategies 12.3 Bmo 12.3.1 Key Financials 12.3.2 Card Portfolio 12.3.3 Strategies 12.4 Td Canada Trust 12.4.1 Card Portfolio 12.4.2 Strategies 12.5 Scotiabank 12.5.1 Key Financials 12.5.2 Card Portfolio 12.5.3 Strategies 13 Appendix 13.1 Methodology 13.2 Contact Timetric Canadas Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
  • 6. 13.3 About Timetric 13.4 Timetric’s Services 13.5 Definitions 13.6 Disclaimer ResearchMoz(http://www.researchmoz.us/) is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price. Contact: M/s Sheela, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-997-4948 Email: sales@researchmoz.us Website: http://www.researchmoz.us/ Canadas Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape

×