Financial Services & Insurance Research News

Research report explores the transaction value analysis of USA cards and payments market till 2021

Financial Services Market Research

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.

According to the report “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)”published by Market Data Forecast, The e-commerce industry transactions reached a value of USD 452.1 billion in 2017 with the majority of the purchases happened using the credit cards. Along with payment cards, PayPal transactions also accounted for the important portion of e-trade sales.

The average online sales reveal the card penetration as 4.4 cards for each person. Although the mobile payment options like Apple Pay, Samsung Pay and Android Pay are gaining the momentum in online sales, the payment cards still find ample opportunities with the highly competitive market players.