Your SlideShare is downloading. ×
  • Like
Consumer payments in the u.s. trends driving the credit, debit, and prepaid card industries
Upcoming SlideShare
Loading in...5

Thanks for flagging this SlideShare!

Oops! An error has occurred.


Now you can save presentations on your phone or tablet

Available for both IPhone and Android

Text the download link to your phone

Standard text messaging rates apply

Consumer payments in the u.s. trends driving the credit, debit, and prepaid card industries


This United States focused research examines the demographic, payment product and channel preference changes driving a profound transformation of the payments industry.

Published in Economy & Finance , Business
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads


Total Views
On SlideShare
From Embeds
Number of Embeds



Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

    No notes for slide


  • 1. Consumer Payments in the U.S.: Trends Driving the Credit, Debit, and Prepaid Card Industries Specific trends addressed both in macro and generational cohort specific terms include responses to debit card fees and debit card loyalty programs cancelled by issuers in the wake of debit interchange caps. Consumers have rejected new debit fees and as they have been deluged with credit card offers, they have quickly switched their product preference from debit to rejuvenated credit cards. With household incomes declining even as healthcare costs and student loan debt are rising, the overall payments pie is shrinking, prompting payment providers to base profit growth strategies on taking market share from their competitors. The overall economy will remain stalled until 2013 or 2014, and Millennials as the newest adult generational cohort have brought with them novel payment and channel preferences. This report guides issuers, retailers and marketers in optimizing the potency of each product differentiating feature, mastering new payment and communication channels, and building loyalty programs based on cost sharing with merchants to maintain or grow market share. Request a Sample for or Inquire before buying the report@ US Prepaid Card Industries Elizabeth Rowe is the managing director of Banking Research Associates, the independent research and consultancy firm focused on underbanked consumers and the consumer payments industry. Formerly, Elizabeth was Group Director of Banking Advisory Services at Mercator Advisory Group, a banking and payments consultancy. Prior to joining Mercator, she was the senior banking consultant at Guideline, Inc., a consultancy/business advisory firm. For the past 18 years, she has worked with the nations largest banks, credit unions, retailers and solutions providers as they assess emerging consumer, technological, regulatory and competitive challenges, trends and opportunities. She has taught at the ABA School of Bank Card Management and frequently speaks at industry, federal regulator and client conferences. She has been widely quoted in the financial press including The Economist, The Wall Street Journal, American Banker, Forbes, Independent Banker and CNN. Major points covered in Table of Contents of this report include: EXECUTIVE SUMMARY The Switch From Credit Cards to Debit Cards Consumers Now Switching From Debit to Credit Demographics of Cardholders by Generational Cohort The Marketing of Payment Products Inter-Relationship of Payment-Related Behaviors Relationship Among Payment BehaviorsMarket Research Reports Publishers Latest Market Research Reports
  • 2. Market Overview The American Consumer The Switch from Credit Cards to Debit Cards Explore Comprehensive list of more than Tables & Figures available in the report @ credit-debit-and-prepaid-card-industries.html Report Details : Published: February 2012 No. of Pages: Price: Single User License – US $ 3995 Corporate User License- US $ 7990 Contact: Priyank Tiwari 7557 Rambler road, Suite 727, Dallas, TX 75231 Tel: +1-888-391-5441 Visit our Market Research Blog @ Connect With Us:Market Research Reports Publishers Latest Market Research Reports