2014

Mexico's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape

NEW YORK, May 19, 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Mexico's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape

http://www.reportlinker.com/p01940597/Mexico's-Cards-and-Payments-Industry-Emerging-Opportunities-Trends-Size-Drivers-Strategies-Products-and-Competitive-Landscape .html

Synopsis

The report provides top-level market analysis, information and insights on Mexico's cards and payments industry, including:
• Current and forecast values for each category of Mexico'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 Mexico'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 buying preferences for cards.
• An overview of the competitive landscape of Mexico's cards and payments industry.

Summary

The debit cards category was the prime growth driver of the Mexican card payments channel during the review period (2008?2012), and recorded a CAGR of 13.15% in terms of the volume of cards in circulation. The debit cards category posted the highest transaction value and valued MXN2.6 trillion (US$199.7 billion) in 2012. Within the credit card category, the overall transaction value reached MXN467.2 billion (US$35.4 billion) in 2012.
The prepaid cards category is expected to exhibit strong growth prospects over the forecast period (2013?2017) and post a CAGR of 5.69% in terms of the volume of cards in circulation. This will be driven by government payroll cards, government welfare (benefit cards), prepaid transport cards and prepaid gift cards. In association with mobile services operator Rêv Worldwide, domestic bank Banorte launched a general-purpose reloadable card, MiFon. This is expected to support the prepaid cards category over the forecast period. Rather than purchasing products through credit, the Mexican population tends to base their expenditure on their income value, which is expected to increase the scope for prepaid cards as customers are able to define an upper limit on spending.

Scope

• This report provides a comprehensive analysis of Mexico's cards and payments industry.
• It provides the current value for Mexico's cards and payments industry for 2012, and forecast figures for 2017.
• It details the different economic, infrastructural and business drivers affecting Mexico's cards and payments industry.
• It outlines the regulatory framework in the industry.
• It details the marketing strategies used by various banks and other institutions.
• It profiles the major banks in Mexico's cards and payments industry.

Reasons To Buy

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

Key Highlights

• The debit cards category was the prime growth driver of the Mexican card payments channel during the review period (2008?2012), and recorded a CAGR of 13.15% in terms of the volume of cards in circulation. The debit cards category posted the highest transaction value and valued MXN2.6 trillion (US$199.7 billion) in 2012. Within the credit card category, the overall transaction value reached MXN467.2 billion (US$35.4 billion) in 2012.
• The prepaid card category has growth prospects. The closed-loop prepaid cards segment is expected to grow at a forecast-period CAGR of 7.84%. General-purpose reloadable prepaid cards are popular and are issued by banks such as Banamex, Walmart and Azteca. There is also potential to expand prepaid gift and government payroll cards.
Mexico's unbanked population offers the industry growth potential. As of 2012, nearly 70% of the population was unbanked, and nearly 54% of municipalities lack access to at least one bank or microfinance institution. Banks have, therefore, taken initiatives to roll out prepaid cards to the unbanked population. Cards can also be obtained from an agent and Banorte Bank, in association with the US-based prepaid card program manager Rêv Worldwide, is offering MiFon, a MasterCard-branded general-purpose reloadable prepaid card for unbanked individuals.

• Remittance inflows are expected to serve as a key base for expanding card-based payments. In 2012, remittances declined due to immigration restrictions set by the US government and totaled US$22.3 billion. A number of banks such as Banamex and Banorte offer cards for remittances, while money transfer companies such as MoneyGram have developed schemes that facilitate the direct transfer of remittances from the US to Mexico through debit or credit accounts. Remittance inflows provide an opportunity for prepaid cards, such as MasterCard's MoneySend computer- and mobile-based service that enables prepaid cardholders to transfer funds from the US to Mexico.

Table of Contents

1 Executive Summary
2 Analysis of Market Environment and Key Trends and Drivers
2.1 Payment Infrastructure and Emerging Technologies
2.1.1 ATMs
2.1.2 POS terminals
2.1.3 Internet penetration
2.1.4 Network related
2.2 Business Drivers
2.2.1 Growth of remittance

2.2.2 Emergence of gift card malls
2.2.3 Banking agents
2.2.4 Retail sector dynamics
2.3 Economic Drivers
2.3.1 GDP per capita
2.3.2 Stable inflation to encourage the relaxed monetary policy
2.3.3 Large proportion of unbanked population
2.3.4 Decrease in unemployment to encourage card-based payments
3 Cards and Payments Industry Share Analysis
3.1 Overview of the Cards and Payments Industry
3.1.1 Credit transfer
3.1.2 Checks
3.1.3 Cards
3.1.4 Direct debit
4 Regulatory Framework and Card Fraud Statistics
4.1 Regulatory Framework
4.1.1 Regulation regarding interchange fees at POS transactions
4.1.2 Regulation with respect to issuance of credit cards
4.1.3 Law on the Transparency and Order of Financial Services
4.1.4 KYC/AML requirements
4.1.5 Foreign Direct Investment (FDI) regulations

4.2 Card Fraud Statistics
4.2.1 Counterfeit cards
4.2.2 Card-not-present
4.2.3 Cards lost/stolen
4.2.4 Card ID theft
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 tourist volume
5.2.2 Outbound tourist spending
5.2.3 Outbound tourist card spending
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 card volume

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
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 number 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 number 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 Segment 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
9.5.1 Scheme share analysis
9.5.2 Issuer share analysis
10 Analysis of Prepaid Card Payments and Growth Prospects
10.1 Overall Category Size and Forecast
10.1.1 Analysis by number 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 in Mexico
12 Company Profiles of Card Issuers
12.1 BBVA Bancomer
12.1.1 Key financials
12.1.2 Card portfolio
12.1.3 Strategies
12.2 BanRegio
12.2.1 Key financials
12.2.2 Card portfolio
12.2.3 Strategies
12.3 Banamex Bank
12.3.1 Card portfolio
12.3.2 Strategies
12.4 HSBC Mexico
12.4.1 Card portfolio
12.4.2 Strategies
12.5 Grupo Financiero Inbursa, S.A.B. de C.V.
12.5.1 Card portfolio

12.5.2 Strategies
13 Appendix
13.1 Methodology
13.2 Contact Timetric
13.3 About Timetric
13.4 Timetric's Services
13.5 Definitions
13.6 Disclaimer

List of Tables

Table 1: Mexican Payment Channels (MXN Billion), 2008–2012
Table 2: Mexican Interchange Fees for Cards at POS Terminals (%)
Table 3: Mexican Card Fraud (MXN Million), 2008–2012
Table 4: Mexican Consumer Spending through Cards by Product Category (MXN Million), 2008–2012
Table 5: Mexican Consumer Spending Through Cards by Retail Channel (MXN Million), 2008–2017
Table 6: Mexican Card Payments Channel by Card Category (Million), 2008–2017
Table 7: Mexican Card Payments Channel Size by Cards Volume (Million), 2008–2017
Table 8: Mexican Card Payments Channel Size by Transaction Value (MXN Trillion), 2008–2017
Table 9: Mexican Card Payments Channel Size by Transaction Value (US$ Billion), 2008–2017
Table 10: Mexican Credit Cards Category Size by Volume of Cards (Million), 2008–2017
Table 11: Mexican Credit Cards Category Size by Transaction Value (MXN Billion), 2008–2017
Table 12: Mexican Credit Cards Category Size by Transaction Value (US$ Billion), 2008–2017
Table 13: Mexican Credit Cards Category Size by Transaction Volume (Million), 2008–2017
Table 14: Mexican Personal Credit Cards Sub-Category Size by Volume of Cards (Million), 2008–2012
Table 15: Mexican Personal Credit Cards Sub-Category Size by Transaction Value (MXN Billion), 2008–2017
Table 16: Mexican Personal Credit Cards Sub-Category Size by Transaction Value (US$ Billion), 2008–2017
Table 17: Mexican Personal Credit Cards Sub-Category Size by Transactions Volume (Million), 2008–2017

Table 18: Mexican Commercial Credit Cards Sub-Category Size by Volume of Cards (Thousands), 2008–2017
Table 19: Mexican Commercial Credit Cards Sub-Category Size by Transaction Value (MXN Billion), 2008–2017
Table 20: Mexican Commercial Credit Cards Sub-Category Size by Transaction Value (US$ Million), 2008–2017
Table 21: Mexican Commercial Credit Cards Sub-Category Size by Transactions Volume (Million), 2008–2017
Table 22: Mexican Debit Cards Category Size by Volume of Cards (Million), 2008–2017
Table 23: Mexican Debit Cards Category Size by Transaction Value (MXN Trillion), 2008–2017
Table 24: Mexican Debit Cards Category Size by Transaction Value (US$ Billion), 2008–2017
Table 25: Mexican Debit Cards Category Size by Transaction Volume (Billion), 2008–2017
Table 26: Mexican Charge Cards Category Size by Volume of Cards (Million), 2008–2017
Table 27: Mexican Charge Cards Category Size by Transaction Value (MXN Billion), 2008–2017
Table 28: Mexican Charge Cards Category Size by Transaction Value (US$ Billion), 2008–2017
Table 29: Mexican Charge Cards Category Size by Volume of Transactions (Million), 2008–2017
Table 30: Mexican Personal Charge Cards Sub-Category Size by Volume of Cards (Million), 2008–2017
Table 31: Mexican Personal Charge Cards Sub-Category Size by Transaction Value (MXN Billion), 2008–2017
Table 32: Mexican Personal Charge Cards Sub-Category Size by Transaction Value (US$ Billion), 2008–2017

Table 33: Mexican Personal Charge Cards Sub-Category Size by Transactions Volume (Million), 2008–2017
Table 34: Mexican Commercial Charge Cards Sub-Category Size by Cards Volume (Thousand), 2008–2017
Table 35: Mexican Commercial Charge Cards Sub-Category Size by Transaction Value (MXN Billion), 2008–2017
Table 36: Mexican Commercial Charge Cards Sub-Category Size by Transaction Value (US$ Million), 2008–2017
Table 37: Mexican Commercial Charge Cards Sub-Category Size by Transaction Volume (Million), 2008–2017
Table 38: Mexican Prepaid Cards Category Size by Volume of Cards (Million), 2008–2017
Table 39: Mexican Prepaid Cards Category Size by Transaction Value (MXN Billion), 2008–2017
Table 40: Mexican Prepaid Cards Category Size by Transaction Value (US$ Billion), 2008–2017
Table 41: Mexican Open-Loop Prepaid Cards Segment Size by Volume of Cards (Million), 2008–2017
Table 42: Mexican Open-Loop Prepaid Cards Segment Size by Transaction Value (MXN Billion), 2008–2017
Table 43: Mexican Open-Loop Prepaid Cards Segment Size by Transaction Value (US$ Billion), 2008–2017
Table 44: Mexican Closed-Loop Prepaid Cards Segment Size by Volume of Cards (Million), 2008–2017
Table 45: Mexican Closed-Loop Prepaid Cards Segment Size by Transaction Value (MXN Billion),
Table 46: Mexican Closed-Loop Prepaid Cards Segment Size by Transaction Value (US$ Billion),
Table 47: BBVA Bancomer – Key Financial Indicators (MXN Billion), December 2011 and 2012
Table 48: BBVA Bancomer – Card Product Offerings and Key Features
Table 49: BanRegio – Key Financial Indicators (MXN Billion), December 2011 and 2012
Table 50: BanRegio – Card Product Offerings and Key Features
Table 51: Banamex Bank – Card Product Offerings and Key Features
Table 52: HSBC Mexico – Card Product Offerings and Key Features
Table 53: Inbursa – Card Product Offerings and Key Features
Table 54: Key Definitions

List of Figures
Figure 1: Benchmarking Mexican Card Payments Channel Against Other Large Markets in the Region
Figure 2: Mexican Growth of Various Card Categories (%), 2008–2017
Figure 3: ATM Penetration in Mexico, 2008–2017
Figure 4: Mexican POS Terminal Penetration, 2008–2017
Figure 5: Mexican Internet Penetration (%), 2008–2012
Figure 6: Mexican Retail Sales Value (MXN Trillion), 2008–2017
Figure 7: Mexican GDP Per Capita Income (US$), 2008–2017
Figure 8: Mexican Inflation Annual Change (%), 2008–2017
Figure 9: Mexican Unemployment Rate (%), 2008–2017
Figure 10: Mexican Payment Channels (MXN Trillion), 2008–2012
Figure 11: Mexican Card Fraud (MXN Million), 2008 and 2012
Figure 12: Mexican Counterfeit Card Fraud Value (MXN Million), 2008–2012
Figure 13: Mexican Value of Card-Not-Present Fraud (MXN Million), 2008–2012
Figure 14: Mexican Value of Card Fraud by Lost or Stolen Cards (MXN Million), 2008–2012
Figure 15: Mexican Card ID Theft Fraud Value (MXN Million), 2008–2012
Figure 16: Mexican Card Payments Channel Segmentation by Card Type

Figure 17: Mexican Volume of Outbound Departures (Million), 2008–2012
Figure 18: Mexican Outbound Tourist Spending (MXN Billion), 2008–2017
Figure 19: Mexican Outbound Tourist Card Use at ATM and POS (MXN Billion), 2008–2012
Figure 20: Mexican Retail Consumer Card Spending by Product Category (%), 2012
Figure 21: Mexican Retail Consumer Card Spending by Retail Channel (%), 2012
Figure 22: Mexican Card Payments Channel by Card Category (%), 2008–2017
Figure 23: Mexican Card Payments Channel Size by Cards Volume (Million), 2008–2017
Figure 24: Mexican Card Payments Channel Size by Transaction Value (MXN Trillion), 2008–2017
Figure 25: Mexican Credit Cards Volume and Penetration, 2008–2017
Figure 26: Mexican Credit Cards Category Size by Volume of Cards (Million), 2008–2017
Figure 27: Mexican Credit Cards Category Size by Transaction Value (MXN Billion), 2008–2017
Figure 28: Mexican Credit Cards Category Size by Transaction Volume (Million), 2008–2017
Figure 29: Mexican Credit Card Transaction Value by Channel (MXN Billion), 2008–2017
Figure 30: Mexican Credit Card Transaction Volume by Channel (Million), 2008–2017
Figure 31: Mexican Personal Credit Cards Sub-Category Size by Volume of Cards (Million), 2008–2012
Figure 32: Mexican Personal Credit Cards Sub-Category Size by Transaction Value (MXN Billion), 2008–2017
Figure 33: Mexican Personal Credit Cards Sub-Category Size by Transactions Volume (Million), 2008–2017
Figure 34: Mexican Commercial Credit Cards Sub-Category Size by Volume of Cards (Thousands), 2008–2017
Figure 35: Mexican Commercial Credit Cards Sub-Category Size by Transaction Value (MXN Billion), 2008–2017
Figure 36: Mexican Commercial Credit Cards Sub-Category Size by Transactions Volume (Million), 2008–2017
Figure 37: Mexican Credit Cards Category Share by Scheme (%), 2012

Figure 38: Mexican Credit Cards Category Share by Bank (%), 2012
Figure 39: Mexican Debit Cards Category Penetration and Volume, 2008–2017
Figure 40: Mexican Debit Card Category Size by Volume of Cards (Million), 2008–2017
Figure 41: Mexican Debit Cards Category Size by Transaction Value (MXN Trillion), 2008–2017
Figure 42: Mexican Debit Cards Category Size by Transaction Volume (Billion), 2008–2017
Figure 43: Mexican Debit Cards Category Transaction Value Share Analysis by Channel (MXN Billion), 2008–2017
Figure 44: Mexican Debit Card Transactions Volume Share Analysis by Channel (Billion), 2008–2017
Figure 45: Mexican Debit Cards Category Share by Scheme (%), 2012
Figure 46: Mexican Debit Cards Category Share by Bank (%), 2012
Figure 47: Mexican Charge Cards Category Volume and Penetration, 2008–2017
Figure 48: Mexican Charge Card Category Size by Volume of Cards (Million), 2008–2017
Figure 49: Mexican Charge Cards Category Size by Transaction Value (MXN Billion), 2008–2017
Figure 50: Mexican Charge Cards Category Size by Volume of Transactions (Million), 2008–2017
Figure 51: Mexican Charge Card Transactions Value Share Analysis by Channel (MXN Billion), 2008–2017
Figure 52: Mexican Charge Card Transactions Volume Share Analysis by Channel (Million), 2008–2017
Figure 53: Mexican Personal Charge Cards Sub-Category Size by Volume of Cards (Million), 2008–2017
Figure 54: Mexican Personal Charge Cards Sub-Category Size by Transaction Value (MXN Billion), 2008–2017
Figure 55: Mexican Personal Charge Cards Sub-Category Size by Transactions Volume (Million), 2008–2017
Figure 56: Mexican Commercial Charge Cards Sub-Category Size by Cards Volume (Thousand), 2008–2017

Figure 57: Mexican Commercial Charge Cards Sub-Category Size by Transaction Value (MXN Billion), 2008–2017
Figure 58: Mexican Commercial Charge Cards Sub-Category Size by Transaction Volume (Million), 2008–2017
Figure 59: Mexican Charge Cards Category Share by Scheme (%), 2012
Figure 60: Mexican Charge Cards Category Share by Scheme (%), 2012
Figure 61: Mexican Prepaid Cards Category Volume and Penetration, 2008–2017
Figure 62: Mexican Prepaid Cards Category Size by Volume of Cards (Million), 2008–2017
Figure 63: Mexican Prepaid Cards Category Size by Transaction Value (MXN Billion), 2008–2017
Figure 64: Mexican Open-Loop Prepaid Cards Segment Size by Volume of Cards (Million), 2008–2017
Figure 65: Mexican Open-Loop Prepaid Cards Segment Size by Transaction Value (MXN Billion), 2008–2017
Figure 66: Mexican Closed-Loop Prepaid Cards Segment Size by Volume of Cards (Million), 2008–2017
Figure 67: Mexican Closed-Loop Prepaid Cards Segment Size by Transaction Value (MXN Billion), 2008–2017
Figure 68: Key Merchant Acquirers Share of Transactions Volume at POS Terminals (%), 2012

To order this report: Mexico's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
http://www.reportlinker.com/p01940597/Mexico's-Cards-and-Payments-Industry-Emerging-Opportunities-Trends-Size-Drivers-Strategies-Products-and-Competitive-Landscape .html

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