Insight Report: The Future of Consumer Payments – Contactless Cards or NFC Mobile?
- Pages: 45
- Published: October 2016
- Report Code: VR1174MR
GlobalData’s 'Insight Report: The Future of Consumer Payments – Contactless Cards or NFC Mobile?' analyzes the evolution of contactless payment and its impact on participants in the payment sector.
The report further explores the status of contactless payments globally, and provides detailed insights on the contactless payment market by region, including Europe, North and South America, Asia-Pacific, the Middle East and Africa.
The report also provides detailed insights on key indicators such as global contactless transaction value, contactless card shipment, NFC payments and the number of contactless POS terminals.
Scope
This report:
• Provides a comprehensive analysis of the contactless payment market worldwide.
• Provides the current value and forecast analysis of the contactless payment market.
• Covers regional analysis with respect to contactless cards and NFC mobile payments.
• Assesses the impact of contactless on participants in the payment sector.
• Analyzes regional differences in the adoption of contactless.
Key Highlights
• Timetric estimates that US$358 billion in contactless transactions will be made in 2016, through both cards and mobile devices, at 23 million contactless-enabled POS terminals globally.
• While most contactless payments globally are still card-based, near-field communication (NFC) mobile payments are likely to grow faster than contactless card payments.
• Australia, Europe and Canada account for the majority of contactless card payments globally, while the US leads in mobile NFC payments.
• Mass transit systems are one of the largest markets for contactless transactions, and as a result, have played a key role in the promotion and adoption of contactless.
Reasons to buy
• Gain understanding of the future of consumer payments, including contactless cards and NFC mobile.
• Gain insights into the evolution of contactless payment.
• Understand the impact of contactless on payment participants, including PSPs, merchants, schemes and consumers.
• Understand why some regions are falling behind whereas others are developed.
• Understand the impact of the EMV migration on contactless payments.
Companies mentioned
Apple Pay
Android Pay
Samsung Pay
Barclays
VeriFone
Ingenico
Alcatel UK
Visa
Nymi
MasterCard
DNB Bank
Danske Bank
Svenska Handelsbanken
Jyske Bank
Swedbank
SEB
LHV Bank
Citibank
Telcom Italia Mobile
Starbucks
Tesco
Boots
Costa Coffee
Banco Santander
BBVA Chile
National Australia Bank
Westpac
UnionPay
Standard Bank
ABSA
Riyadh Bank
Boubyan Bank
Gemalto
Table of Contents
List of Tables
List of Figures
Pricing
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