NEW YORK, April 27, 2016 /PRNewswire/ -- Synopsis
Timetric's 'The Cards and Payments Industry in the Netherlands: Emerging Trends and Opportunities to 2020' report provides detailed analysis of market trends in the Dutch cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash transactions, credit transfers, direct debits and payment cards during the review period (2011–2015).
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 market shares of issuers and schemes.
The report brings together Timetric's research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies and recent changes in regulatory structure.
Timetric's 'The Cards and Payments Industry in the Netherlands: Emerging Trends and Opportunities to 2020' report provides top-level market analysis, information and insights into the Netherlands cards and payments industry, including:
- Current and forecast values for each market in the Dutch cards and payments industry, including debit, credit and charge cards. It also includes detailed analysis of the prepaid card market.
- Detailed insights into payment instruments including cash transactions, payment cards, credit transfers and direct debits. It also includes an overview of the country's key alternative payment instruments.
- E-commerce market analysis and online payment types.
- Analysis of various market drivers and regulations governing the Dutch 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 of the Dutch cards and payments industry.
- This report provides a comprehensive analysis of the Dutch cards and payments industry.
- It provides current values for the Dutch cards and payments industry for 2015, and forecast figures to 2020.
- It details the different demographic, economic, infrastructural and business drivers affecting the Dutch 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 Dutch cards and payments industry and each market within it.
- Understand the key market trends and growth opportunities in the Dutch cards and payments industry.
- Assess the competitive dynamics in the Dutch cards and payments industry.
- Gain insights into marketing strategies used for various card types in the Netherlands.
- Gain insights into key regulations governing the Dutch cards and payments industry.
- Contactless technology is gradually gaining traction in the Netherlands. There were 15 million contactless cards in the country in 2015 – equivalent to 45.5% of the overall payments cards. According to the Dutch Payments Association, the number of contactless POS terminals in the country reached 56,000 – equivalent to 17.2% of overall POS terminals – by the end of 2014. Banks are increasingly embracing contactless technology to provide convenience to customers. For example, ABN Amro replaced all its payment cards with contactless variants in December 2015, enabling consumers to make payments of up to US$27.8 (EUR25) without entering a PIN. Similarly, ING Bank and Rabobank are replacing their old cards with contactless-enabled equivalents.
- Larger banks have introduced contactless mobile payment (m-payment) solutions. The latest initiative is the launch of a contactless m-payment service by Rabobank, in partnership with mobile service provider KPN in January 2016. In December 2015, ING Bank launched a mobile banking app based on host card emulation (HCE) technology to facilitate contactless m-payments. In 2014, Vodafone, in association with Visa, launched a contactless m-payment service, Visa SmartPass, which allows consumers to pay by mobile phone at contactless POS terminals with a V Pay logo. Consumers can pay up to US$27.8 (EUR25) by waving mobile phones at contactless-enabled terminals.
- The uptake of iDEAL, an alternative payment solution, among Dutch consumers is increasing. As of June 2015, iDEAL accounted for 56% of the online transactions made in the Netherlands, up from 54% in June 2014. It provides payment services to merchants in more than 50 markets globally, who sell to Dutch customers. The company formed an alliance with Trustly, a Swedish payment solution provider, in December 2015. With this agreement, Trustly became iDEAL's licensed Collecting Payment Service Provider, allowing it to provide payment solutions to merchants. It also formed an agreement with Alipay, the Chinese payment solution provider of the Alibaba group, to integrate the iDEAL payment option to AliExpress, the Alibaba group's online store, in March 2015. Customers purchasing online on AliExpress now have the option to pay through iDEAL.
Read the full report: http://www.reportlinker.com/p03785845-summary/view-report.html
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
Contact Clare: email@example.com
Intl: +1 339-368-6001
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-cards-and-payments-industry-in-the-netherlands-emerging-trends-and-opportunities-to-2020-300258719.html