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Research details developments in the cards & payments market in the US

Industrial Market Research

This report provides an inclusive analysis of the US cards and payments market.

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Report Summary:

ResearchFolk’s 'Cards and Payments Market in the USA’ report offers a distinct range of possibilities in the market of payment cards along with the accurately validated statistics of operational cards in the market and their total transactional values. It suggests profitable marketing strategies considering the competitive landscape in the market, purchase trends, payments options in online trade and significant government frameworks impacting the overall payment cards market of the USA.

Our report kindles the hidden opportunities with dependable information about different types of cash transactions, volumes of cardholders, market proportion, current accounts, increase within the number of cards, credit cards outstanding balances, transactional values, details of the issuers at the side of available banking schemes and futuristic analysis of overall cards and payment marketplace in the USA.

Browse more details about report @ researchfolks.com/public/getReport/1900546 

Highlights of the report:

A deep insight into the total number of cards in circulation, the total number of transactions, average transactional values and other areas involving the use of payment cards.

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Most common application areas of both debit card and credit card.

The revolutionary trends in the e-commerce industry, cards penetration in the market, merchant acquisitions, and the advent of mobile and electronic wallets. The rapid transition towards EMVs and contactless card payments at POS terminals.

Tough market competition from mobile operators in the form of their own convenient payment options like Samsung Pay, Apple Pay, and Android Pay. As of 2016, there were more than 7 million vending machines in the US, and the revenue generated by the vending machine industry was higher than USD 70 million.

Increasing switch from cash transfers to card payments with lucrative benefits from card providers, merchants and online retailers. As of 2017, pay later card was the most preferred payment option for internet shopping and purchases with Visa accounted close to 60% of these transactions.

A 100% growth rate in the chip-based cards use in 2017, from 26% at the start to 55% at the end of the year. Impact of government regulatory frameworks like Durbin Amendment, Federal Reserve Regulations, the US patriotic act of 2001 and others on the cards and payments industry of the USA.

An in-depth comparison of the pay now and pay later cards, along with all the available number and future trends in the market. Increase in the NFC-based POS terminals, mPOS terminals and contactless ATMs across different cities of the nation.

Comprehensive details about all the leading competitors in the payment cards market of the United States.

List of Companies mentioned in the report:

American Express, Visa, Discover, Mastercard, Capital One, JPMorgan Chase, Wells Fargo, PULSE, First Data, Worldpay, and Vantiv.

Key Questions Answered by the report:

  • What is the market size of the US 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 Access this report:

  • Track key industry trends, opportunities and threats related to the US 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 US cards and payments market.

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