The Cards and Payments Industry in France: Emerging Trends and Opportunities to 2020

2017-04-10
Price :
Published : Apr-2017
No. of Pages : 65

The Cards and Payments Industry in France: Emerging Trends and Opportunities to 2020

Summary

GlobalData’s “The Cards and Payments Industry in France: Emerging Trends and Opportunities to 2020″, report provides detailed analysis of market trends in the French cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, direct debits, check payments, payment cards and cash transactions during the review period (2012-2016).

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 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.

Banks and payment solution providers are launching new solutions to benefit from a growing preference for alternative payments. In March 2015 Sweden-based mobile payment (m-payment) solution provider Seamless launched its mobile app, Seqr. Following which, the functionality of Paylib was expanded in May 2016, allowing users with compatible Android mobile phones to make contactless m-payments of up to US$19.0 (EUR20) at 470,000 merchants. Apple launched Apple Pay in July 2016 in partnership with some of the country’s largest financial institutions.

The emergence of digital only banks is likely to accelerate a shift towards electronic payments in France. In January 2016, telecom operator Orange France acquired Groupama Banque to create Orange Bank. Orange mobile phone customers can directly subscribe to banking services through the network’s mobile app, via the website, or at 140 accredited stores. In December 2015, German-based financial service provider Number 26 launched its mobile-only bank in France.

The introduction of maintenance fee on saving and current accounts by major banks is anticipated to bring more competition in the French debit cards market. With profit margins shrinking and interest rates low, banks are introducing account fees. BNP Paribas introduced a US$2.4 (EUR2.5) basic account fee in November 2015. Similarly, BNP Paribas, Société Générale and Caisse d’Epargne Île-de-France introduced current account fees in the range of US$14.3-28.5 (EUR15-30) in February 2016. Banque Postale raised account fees from US$4 (EUR4.2) to US$5.9 (EUR6.2).

This report also provides top-level market analysis, information and insights into the French cards and payments industry, including -
- Current and forecast values for each market in the French cards and payments industry, including debit, credit and charge cards.
- Detailed insights into payment instruments including credit transfers, direct debits, cash transactions, checks 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 French cards and payments industry.
- Detailed analysis of strategies adopted by banks and other institutions to market debit, credit and charge cards.
- Comprehensive analysis of consumer attitudes and buying preferences for cards.
- The competitive landscape in the French cards and payments industry.

Scope

- This report provides a comprehensive analysis of the French cards and payments industry.
- It provides current values for the French cards and payments industry for 2016, and forecast figures to 2020.
- It details the different demographic, economic, infrastructural and business drivers affecting the French cards and payments industry.
- It outlines the current regulatory framework in the industry.
- It details marketing strategies used by various banks and other institutions.

Reasons to buy

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

Filed in: Banking & Finance
Publisher : GlobalData
More Reports
Title Price Buy Now

Consumer Payments Country Snapshot: Brazil 2016

Consumer Payments Country Snapshot: Brazil 2016 Summary This report examines the consumer payments market in Brazil, considering payment cards, online payments, P2P payments, and newer payment technologies such as mobile wallets and contactless. This report also examines the regulations in force in the market that players must comply with, and how these have changed in recent years. The Brazilian payments system will continue to move towards digital payments, in spite of cash use remaining relatively high. In the process of digitizing payments, the key opportunity is to provide products and services that are as easy to use, convenient, and secure as cash in order to actively contribute to financial inclusion in the country. The most important steps in the process will be the rise of sma......
$3450

Wealth in Switzerland: HNW Investors 2017

Wealth in Switzerland: HNW Investors 2017 Summary Inheritors form the largest segment among Swiss HNW individuals, who have generated their wealth mainly through property and real estate, in addition to professional services. Expats in Switzerland account for 8.4% of the HNW population, who along with the rest of the country's HNW population are keen to invest a proportion of their wealth locally. Looking ahead, greater demand for wealth management services such as inheritance and financial planning is expected. - 33.8% of Swiss HNW individuals have accumulated their wealth through inheritance. At the same time, half of HNW investors are family business owners or first-generation entrepreneurs. - There is a notable expat population living in Switzerland, who invests a proportion of weal......
$3450

The Cards and Payments Industry in Spain: Emerging Trends and Opportunities to 2020

The Cards and Payments Industry in Spain: Emerging Trends and Opportunities to 2020 Summary GlobalData's "The Cards and Payments Industry in Spain: Emerging Trends and Opportunities to 2020", report provides detailed analysis of market trends in the Spanish cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, direct debit, check payments, payment cards and cash transactions during the review period (2012-2016). 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 t......
$2750

UK Insurance Aggregators 2017

UK Insurance Aggregators 2017 Summary Aggregators remain a prominent route to market for private motor cover, the insurance product primarily established in the aggregator space, and to a lesser extent home insurance, travel insurance, pet insurance, and SME cover in turn. Growth is expected in the number of consumers turning to these platforms for cheap policies - although their popularity is closely tied to the ebb and flow of rate movement driving shop-around behavior. Aggregators are expanding beyond the dominant lines of motor and home insurance, but the offering of commercial products on these platforms is trickier, with the need for a broker a persistent requirement for more complex risks. More direct commercial propositions need to be established before these products migrate to......
$3450

The Cards and Payments Industry in Colombia: Emerging Trends and Opportunities to 2020

The Cards and Payments Industry in Colombia: Emerging Trends and Opportunities to 2020 Summary GlobalData's "The Cards and Payments Industry in Colombia: Emerging Trends and Opportunities to 2020", report provides detailed analysis of market trends in the Colombian 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 and cash transactions during the review period (2012-2016). 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 countr......
$2750

Consumer Payments Country Snapshot: US 2016

Consumer Payments Country Snapshot: US 2016 Summary In almost all areas of the payments market, the US is highly competitive and features a wide range of card-issuing brands and alternative payment brands (including in peer-to-peer [P2P], online payments, and mobile payments). Consumers have a great deal of choice as a result, and there are a wide variety of specialized and generalist products available for consumers to use. However, this diversity has also led to a fragmented market in which alternative payment tools have struggled to gain market share over traditional options, and the one truly generalist tool available - cash - remains highly popular. Credit cards: American credit card debt has been growing since 2012. It has not yet reached the levels seen before the 2008 crisis, bu......
$3450

Wealth in France: HNW Investors 2017

Wealth in France: HNW Investors 2017 Summary "Wealth in France: HNW Investors 2017" analyzes the French investment market, with a focus on the HNW segment. The report is based on our proprietary datasets. Almost a third of French HNW investors have generated their wealth through being a first-generation entrepreneur. Inheritance ranks second as a source of wealth, and 46% of French investors attribute their fortune to the property and financial services sectors, reflective of market demand and stability. When opting to have wealth managed by a professional, French HNW clients are mostly driven by a lack of time and expertise. However, clients who self-direct their portfolios show a strong reluctance to relinquish complete control. Equities are the preferred asset class, followed by prop......
$3450

Wealth in Singapore: Sizing the Market Opportunity 2017

Wealth in Singapore: Sizing the Market Opportunity 2017 Summary "Wealth in Singapore: Sizing the Market Opportunity 2017" analyzes the Singaporean wealth and retail savings and investments markets, with a focus on the HNW segment. The report is based on our proprietary datasets. Singapore is Asia's pre-eminent offshore investment center, with 80% of the wealth invested in funds sourced from non-residents in 2015. However, the onshore market is a major source of assets under management (AUM) in its own right, with 1.2 million affluent individuals in 2016 despite the city state's small population. An onshore operation is clearly worth the effort for any wealth manager targeting mass affluent investors. Specifically the report - - Sizes the affluent market (both by number of individu......
$3450

The Cards and Payments Industry in Singapore: Emerging Trends and Opportunities to 2020

The Cards and Payments Industry in Singapore: Emerging Trends and Opportunities to 2020 Summary GlobalData's "The Cards and Payments Industry in Singapore: Emerging Trends and Opportunities to 2020", report provides detailed analysis of market trends in the Singaporean 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 (2012-2016). 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 inf......
$2750

Consumer Payments Country Snapshot: Canada 2016

In spite of being a highly mature market, Canada provides increasing opportunities for digital and mobile payment providers to develop innovation. Canada is a developed payment card market due to its robust economy and high level of card penetration. While the market has a high level of competition between existing payment providers, there is an opportunity for alternative payments providers to promote digital and mobile channels by highlighting their use cases and advantages over traditional payment tools in order to gain significant adoption among consumers. This report examines the consumer payments market in Canada, considering payment cards, online payments, P2P payments, and newer payment technologies such as mobile wallets and contactless. This report also examines the regulation......
$3450