Competitor market shares and developments in the UK Plastic Card Market - www.companiesandmarkets.com adds new report.
2008-09-12 10:41:01 -
Competitor market shares and developments in the UK Plastic Card Market - a new market research report on www.companiesandmarkets.com www.companiesandmarkets.com/Summary-Market-Report/Competitor-mar ..
Introduction
This brief is the Competitor Focus section of Datamonitor´s UK Plastic Cards 2008 report. In it, Datamonitor presents card scheme market shares for charge, credit and debit cards. It also analyzes the market shares of issuers in the UK credit card market. The final segment of the chapter discusses key competitor developments that have taken place over the last 12 months.
Scope
*This product presents the number of consumer payment cards in the UK from 2003 to 2007, broken down by card type, and scheme.
*Card issuer market shares are presented for the UK credit card market, by cards in issue and balances outstanding.
*The brief includes an analysis and breakdown of the private label card market by issuer.
*The brief includes a summary and analysis of the recent activity in the UK payment card market, including M&A activity and product launches.
Highlights
Visa continues to be the dominant scheme in the pay now market, whilst MasterCard has become the dominant player credit card market. American Express has regained its position as the leading charge card scheme
2007 saw a continuation of the trend of monoline and smaller issuers taking business away from the larger and more established retail banks
Despite a slowing economy and worsening levels of bad debt, issuers in the UK continue to compete hard for price-sensitive consumers. The main method of acquisition is providing competitive rates and balance transfer offers. Nonetheless, issuers have to be more concerned than ever with the quality of new debt that they are taking on.
Reasons to Purchase
*Discover which issuers have seen the biggest growth through 2007
*Understand the competitive dynamics between the major payment card schemes in the UK
*Learn about product development and launches in the UK market.
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