Description :
Payments Landscape in the US: Opportunities and Risks to 2021


GlobalData's "Payments Landscape in the US: Opportunities and Risks to 2021", report provides detailed a...

Publish Date : 17-Oct-2017

No.Of Pages : 53

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Payments Landscape in the US: Opportunities and Risks to 2021


GlobalData's "Payments Landscape in the US: Opportunities and Risks to 2021", report provides detailed analysis of market trends in the US cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, direct debit, cash, payment cards, and cheques during the review-period (2013-17e).

The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2017-21f). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes.

The report brings together GlobalData'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.

This report provides top-level market analysis, information and insights into the US cards and payments industry, including -
- Current and forecast values for each market in the US cards and payments industry, including debit, credit, and charge cards.
- Detailed insights into payment instruments including credit transfers, direct debit, cheques, cash, and payment cards. It also, includes an overview of the country's key alternative payment instruments.
- E-commerce market analysis and payment methods.
- Analysis of various market drivers and regulations governing the US cards and payments industry.
- Detailed analysis of strategies adopted by banks and other institutions to market debit, credit, and charge cards.


- Competition in the US alternative payments market increased following the launch of Apple Pay, Samsung Pay, and Android Pay. Most recently, Alibaba collaborated with payment processor First Data to introduce its mobile payment service Alipay in May 2017. The service is accepted by over 4 million merchants in the US. Banks, card issuers, and retailers are also launching proprietary solutions to compete in the market. For instance, JPMorgan Chase offers Chase Pay, Walmart launched Walmart Pay in July 2016, Capital One and Wells Fargo launched the digital Capital One wallet in 2014, while Wells Fargo launched its own wallet in May 2016.
- To develop a fast payment system in the US, in May 2015 the Federal Reserve established a Faster Payments Task Force that has been assigned the responsibility to categorize the goals and characteristics of effective faster payment solutions, assess approaches to accomplish these goals, and ensure implementation and acceptance of faster payment services by 2020. The first stride towards achieving these goals was the publication of Faster Payments Effectiveness Criteria in February 2016. The criteria act as a guideline to evaluate faster payment solution and support improvement in payments. In July 2017, the taskforce published its final report with recommendations for the provision of efficient and fast payment solutions in the US. The report also commands the payments industry to collaborate and transform this faster payments vision into a reality.
- To facilitate cross-border commerce, in June 2017 First Data launched Local Payments Solution. The solution supports consumers' choice of payment for purchases made, irrespective of their geographical location and currency, as it combines various online payment methods into a single interface, thus helping merchants manage and expedite cross-border payments. The payment methods aided by Local Payment Solution include real-time online banking, direct debit, cash/voucher payments, and digital wallets. Through the solution online businesses can access 195 local payment options.

Reasons to buy

- Make strategic business decisions, using top-level historic and forecast market data, related to the US cards and payments industry and each market within it.
- Understand the key market trends and growth opportunities in the US cards and payments industry.
- Assess the competitive dynamics in the US cards and payments industry.
- Gain insights into marketing strategies used for various card types in the US.
- Gain insights into key regulations governing the US cards and payments industry.


Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.


Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.


The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.


The market engineered data is verified and validated by a number of experts, both in-house and external.


After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

Single User License - Only one user can access this report at time, users are not allowed to take a print out of the report PDF.

Enterprise User License - This license will allow the entire company (Interface) to access the unlocked PDF version of this report without any restrictions. You can also take the print out if you wish to receive the hard copy version of this report.

Multi User License - This license will be allowing up to five users have access to the product. The report will be emailed to you. The report is sent in PDF format.

Site License - This is a site license, allowing all users within a given geographical location of your organisation access to the product. The report will be emailed to you. The report is sent in PDF format.

Purchase Option

 Single User PDF     $ 2750
 Multi-User PDF      $ 5500
 Enterprise PDF      $ 8250

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