Friday 29 March 2013

Cards and Payments Industry in UAEs, Spains and Nigerias New Market Research Report on Researchmoz.us

Researchmoz.us announces the release of a new reports "Cards and Payments Industry in UAEs, Spain's and Nigeria's - Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape" to its vast Collection.

This reports provides a comprehensive analysis of the UAEs, Spains and Nigerias cards and payments industry.It provides current values for the UAEs, Spains and Nigerias cards and payments industry for 2012 and forecast figures for 2017.It details the different macroeconomic, infrastructural, consumer and business drivers affecting the UAEs, Spains and Nigerias cards and payments industry.It outlines the current regulatory framework in the industry.It details the marketing strategies used by various bankers and other institutions. It profiles the major banks in the UAEs, Spains and Nigerias cards and payments industry

The reports provides market analysis, information and insights into the UAEs cards and payments industry, including:
Current and forecast values for each segment of the UAEs cards and payments industry including debit cards, credit cards, prepaid cards and charge cards
Comprehensive analysis of the industrys market attractiveness and future growth areas
Analysis of various market drivers and regulations governing the UAEs cards and payments industry
Detailed analysis of the marketing strategies adopted for selling prepaid cards used by various bankers and other institutions in the market
Comprehensive analysis of consumer attitudes and their buying preferences for cards
Competitive landscape of the UAEs cards and payments industry


Key Highlights
The UAE's card industry as a whole grew significantly at a CAGR of 7.18% during the review period, primarily driven by the debit and prepaid card categories. 
The overall card industry is expected to grow at a CAGR of 5.56% over the forecast period, driven primarily by the prepaid cards category, which is expected to grow at a CAGR of 9.45%. 
As banking customers become more sophisticated, banks are looking to differentiate their product offerings, and card customization is gaining attention.
Contactless and NFC payments are also being rolled out extensively across the UAE.
The growing market for online trade in the UAE is one of the primary factors responsible for the expansion of the countrys cards and payments industry.

The report provides market analysis, information and insights into Spains cards and payments market, including:
Current and forecast values for each category of Spains cards and payments industry  including debit cards, credit cards, prepaid cards and charge cards
Comprehensive analysis of the industrys market attractiveness and future growth areas
Analysis of various market drivers and regulations governing Spains 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 their buying preferences for cards
Competitive landscape of Spains cards and payments industry


Key Highlights
Although the financial crisis and conservative consumer spending has hampered growth in all card categories, the cards and payments industry in Spain is expected to recover over the forecast period, with prepaid cards expected to show the highest growth.
Spains interchange environment is characterized by year-on-year reductions in interchange levels for both credit and debit cards. In 2005, the Spanish Ministry of Industrys intervention to reduce maximum interchange fees resulted in them falling from 1.75% in 2005 to 0.88% in 2009.
As unemployment rises, consumers are expected to become more cautious regarding spending. Unused or little-used cards with maintenance or annual fees are expected to be cancelled, with many substituted by closed-loop prepaid cards.
Online retail sales in Spain increased from EUR6.07 million in (US$4.1 million) 2008 to EUR12.5 million (US$9.0 million) in 2012, at a CAGR of 20.01%. The preferred online payment option was credit cards, with nearly 51% of online shoppers paying through credit cards in 2011.

The report provides market analysis, information and insights into Nigerias cards and payments market, including:
Current and forecast values for each category of Nigerias cards and payments industry including debit cards, credit cards, prepaid cards and charge cards
Comprehensive analysis of the industrys market attractiveness and future growth areas
Analysis of various market drivers and regulations governing Nigerias 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 their buying preferences for cards
Competitive landscape of Nigerias cards and payments industry


Contact:
Mrs.Sheela AK
Tel:+1-518-618-1030
Albany, NY 12207
United States
Email: sales(at)researchmoz(dot)us for further information.

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