USA Cards And Payments Market - By Cards (Debit Cards, Credit Cards, Prepaid Cards), By Payment Terminals (POS And ATM's), By Payment Instruments (Credit Transfers, Direct Debit, Cheques And Payment Cards) - Transaction Value, Volumes, Historical Trends, Analysis And Forecasts (2017 -2021)

USA Cards And Payments Market - By Cards (Debit Cards, Credit Cards, Prepaid Cards), By Payment Terminals (POS And ATM's), By Payment Instruments (Credit Transfers, Direct Debit, Cheques And Payment Cards) - Transaction Value, Volumes, Historical Trends, Analysis And Forecasts (2017 -2021)

ID: 6687 | Pages: 85 | March 2018 | Region: United States


Report Summary:
The report USA Cards And Payments Market provides the insight into various payment cards market trends and growth opportunities in the USA along with the complete information about different types of cards in the market. It also offers an epitomized assessment about the competitors in the market, influential marketing strategies, customer purchase patterns, adopted payment methods in the e-commerce industry and significant government regulations associated with the USA cards and payments market. It provides reliable information about the different types of cash transactions, volumes of cardholders, market share, current accounts, growth in the number of cards, credit cards outstanding balances, transactional values, details of the issuers along with available banking schemes and futuristic analysis of overall cards and payment market in the United States.

The USA Cards and Payments Market is the second largest market for payment cards after China. The penetration of pay now and pay later cards is very high with the available convenient payment options. However, the recent times have witnessed a decrease in the use of payment cards with the advent of alternative payment options like PayPal, mobile wallets like Android Pay, Apple Pay, and Samsung Pay, and other choices.

The smartphone operated payment solutions are slowly grabbing the dominant share of payment cards in the online purchases. The e-commerce value of the United States was close to USD 450 billion in 2017 and expected to grow substantially in the years ahead. Although credit cards and debit cards along with PayPal accounted for the dominant share of e-trade as of now, it is evident from market reports that the mobile wallet transactions are going to replace them sooner.

The USA Cards And Payments Market is slowly moving towards EMVs, replacing the magnetic stripes with the chip-enabled cards. In 2017, close to 60% of card transactions include chip-based cards and more than 75% of ATMs are supporting these cards. POS terminals accounted for a large volume of transactions compared to ATMs.

The transactions for online shopping using eWallet, bank transfers and cash on delivery has predominantly increased close to 57%, 60%, and 55% respectively in 2017, compared to 2016. The recent trends reveal that enhanced payment experience and customer convenience from the alternate payment options can greatly influence the card payments for e-commerce purchases.

The improvements in technology and smartphone use clearly depict the switch from POS terminals to mPOS terminals very soon in the US markets. There is also an increase in the NFC-based POS terminals along with the mobile payment options of Apple Pay, Samsung Pay, Android Pay and others. Equinox Payments, Ingenico, PAX technology and Verifone are some of the significant manufacturers of POS terminals. Many leading banking institutes like Wells Fargo, Chase, Bank of America, US Bank and others are updating their regular ATMs with contactless ATMs.

On the whole, the cards and payment industry of the United States of America will face some serious competition from these alternate payment options and the augmented use of the contactless cards. For instance, the decreased growth rate of credit cards, debit cards and prepaid cards in internet purchases compared to other modes of payment options unfold the future trends for payment cards market.

List of Companies mentioned in the report:
JPMorgan Chase, Wells Fargo, Capital One, Vantiv, First Data, Worldpay, Mastercard, Visa, American Express, Discover and PULSE.

Alternate payment options available in the US:
PayPal – A mobile payment and digital wallet product launched in 1998. It is having a global AMU around 228 million and available for NFC, in-store and online modes of payment. Recently collaborated with Samsung Pay and Apple Pay to supplement the in-store purchases.
Android Pay – Updated from Google Pay to Android Pay in February 2018 and a mobile payment option for the android users only. Being launched in May 2015, it has a global AMU close to 25 million and provides options of NFC and in-store.
Apple Pay – Apple, Inc. launched this mobile payment option exclusively for the iOS users in October 2014. With the payment modes of NFC, online and in-store, Apple Pay has a global AMU more than 85 million. Apple has also updated its list of banking organizations and credit unions in support of Apple Pay filling a lot of void spaces.
Samsung Pay – Samsung company with the aim to increase the ease of payment for its users has launched a mobile payment solution called Samsung Pay in September 2015. It also includes the potential of magnetic secure transmission (MST) technology and accessed using NFC, online or in-store modes of the transaction with an approximate global AMU of 32 million.
Chase Pay – JP Morgan Chase has also launched its mobile payment and digital wallet product in October 2015 supporting only Chase Credit and Debit cards. In 2017, JPMC has acquired MCX’s payment technology to expand the usage of Chase Pay, which constitutes a global AMU slightly higher than Android Pay. Although available only for online and in-store purchases, it has license to Visa processing network and supports payment by QR code scan.
Citi Pay – A mobile payment and digital wallet option supporting the android operating Citi bank users, launched in July 2017. It allows access to MasterCard network services due to the collaboration between Citibank and MasterCard, available for NFC, online and in-store transactions.
Visa Checkout – To minimize the online shopping for its customers Visa introduced Visa Checkout, an online payment service in July 2014. It also supports online payments using other digital wallet providers. It has a global AMU close to 25 million and comes with a bio-metric protection.


Apart from these, there are many other growing payment options like Amazon Pay for Amazon users, Starbucks pay at their stores, Capital One Wallet, Walmart Pay and Apple Cash.

1. Definitions

2. Research Methodology

2.1 Research Process

2.1.1 Market Sizing

2.1.2 Competitor Analysis

2.1.3 Market Forecasting

2.1.4 Quality Control Process

3. Executive Summary

4. Industry Benchmarking

5. Market Attractiveness

6. Industry Enablers

6.1 Emerging Payment Technologies

6.2 Growing E-commerce Market

6.2.1 E-commerce Mix by Payment Method

6.3 EMV Migration

6.4 Contactless Cards

7. Regulatory Framework

8. Key Industry Events

9. Merchant Acquiring Business Overview

9.1 Business Overview & Key Operators

9.2 Regulatory Framework

9.3 Technological Changes

10. Market Segmentation

10.1 Cards for Students

10.2 Cards for Travelers

10.3 Cards for High-income Customers

10.4 Cards for Frequent Shoppers

11. Market Sizing

11.1 Debit Cards Market Overview

11.1.1 Scheme Providers

11.1.2 Key Issuers

11.2 Pay Later Cards Market Overview

11.2.1 Scheme Providers

11.2.2 Key Issuers

11.3 Payment Terminals Market

11.4 Payment Instruments Market

12. Key Operators in the Market

12.1 American Express Company

12.1.1 Company Snapshot

12.1.2 SWOT Analysis

12.1.3 Cards Portfolio

12.2 JPMorgan Chase & Co.

12.2.1 Company Snapshot

12.2.2 SWOT Analysis

12.2.3 Cards Portfolio

12.3 Bank of America Corporation

12.3.1 Company Snapshot

12.3.2 SWOT Analysis

12.3.3 Cards Portfolio

12.4 Citigroup Inc.

12.4.1 Company Snapshot

12.4.2 SWOT Analysis

12.4.3 Cards Portfolio

12.5 Capital One Financial Corporation

12.5.1 Company Snapshot

12.5.2 SWOT Analysis

12.5.3 Cards Portfolio

13. Appendix

13.1 Total Cards Market Stats

13.2 Debit Cards Market Stats

13.2.1 Debit Cards Use at Payment Terminals

13.2.2 Debit Cards Market – Scheme Providers Data

13.3 Pay Later Cards Market Stats

13.3.1 Pay Later Cards Use at Payment Terminals

13.3.2 Pay Later Cards Market – Scheme Providers Data

13.4 Payment Terminals Data

13.5 Payment Instruments Data

Key Questions Answered by the report

  • What is the market size of the USA Cards and Payments market?
  • What are the major operators and issuers in the US?
  • What is the current state of emerging payment technologies?

Reasons to Purchase this report

  • Track key industry trends, opportunities and threats related to the USA cards and payments industry and each market within it.
  • Gain insights into the competitive landscape of card issuers for both, debit cards and pay later cards.
  • Gain insights into marketing strategies used by market players for various card types in the US.
  • Gain insights into key regulations governing the USA cards and payments market
  • This report provides an inclusive analysis of the US cards and payments market.
  • It provides current values for the US cards and payments market for 2017 and forecast figures to 2021.
  • It details the different demographic, economic, infrastructural and business drivers affecting the US cards and payments market
TitlePriceAdd To Cart

USA Cards And Payments Market

India Cards And Payments Market - By Cards (Debit Cards, Credit Cards, Prepaid Cards), By Payment Terminals (POS And ATM's), By Payment Instruments (Credit Transfers, Direct Debit, Cheques And Payment Cards) - Trans...
Canada Cards And Payments Market - By Cards (Debit Cards, Credit Cards, Prepaid Cards), By Payment Terminals (POS And ATM's), By Payment Instruments (Credit Transfers, Direct Debit, Cheques And Payment Cards) - Tran...
Brazil Cards And Payments Market - By Cards (Debit Cards, Credit Cards, Prepaid Cards), By Payment Terminals (POS And ATM's), By Payment Instruments (Credit Transfers, Direct Debit, Cheques And Payment Cards) - Tran...
France Cards And Payments Market - By Cards (Debit Cards, Credit Cards, Prepaid Cards), By Payment Terminals (POS And ATM's), By Payment Instruments (Credit Transfers, Direct Debit, Cheques And Payment Cards) - Tran...
Singapore Cards And Payments Market - By Cards (Debit Cards, Credit Cards, Prepaid Cards), By Payment Terminals (POS And ATM's), By Payment Instruments (Credit Transfers, Direct Debit, Cheques And Payment Cards) - T...
UK Cards And Payments Market - By Cards (Debit Cards, Credit Cards, Prepaid Cards), By Payment Terminals (POS And ATM's), By Payment Instruments (Credit Transfers, Direct Debit, Cheques And Payment Cards) - Transact...
USA Cards And Payments Market - By Cards (Debit Cards, Credit Cards, Prepaid Cards), By Payment Terminals (POS And ATM's), By Payment Instruments (Credit Transfers, Direct Debit, Cheques And Payment Cards) - Transac...
Middle East And Africa Medical Second Opinion Market By Type (Diabetics, Cancer, Injuries, Cardiac Disorders And Others), By Supply Providers (Hospitals, Online And Offline Medical Second Opinion Providers, Private ...
Latin America Medical Second Opinion Market By Type (Diabetics, Cancer, Injuries, Cardiac Disorders And Others), By Supply Providers (Hospitals, Online And Offline Medical Second Opinion Providers, Private Clinics A...
Asia Pacific Medical Second Opinion Market By Type (Diabetics, Cancer, Injuries, Cardiac Disorders And Others), By Supply Providers (Hospitals, Online And Offline Medical Second Opinion Providers, Private Clinics An...
Europe Medical Second Opinion Market By Type (Diabetics, Cancer, Injuries, Cardiac Disorders And Others), By Supply Providers (Hospitals, Online And Offline Medical Second Opinion Providers, Private Clinics And Heal...
North America Medical Second Opinion Market By Type (Diabetics, Cancer, Injuries, Cardiac Disorders And Others), By Supply Providers (Hospitals, Online And Offline Medical Second Opinion Providers, Private Clinics A...

"We Think Through Different Layers, We Work Across Different Verticals."

Market Data Forecast, Inc.
2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
+1-888-702-9626 (U.S. TOLL FREE)
contact@marketdataforecast.com


Subscribe To Our News Letter

Or follow us on social platform

© 2018 Market Data Forecast
All Rights Reserved.