Emerging Opportunities in Cards and Payments Industry Mexico - PowerPoint PPT Presentation

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Emerging Opportunities in Cards and Payments Industry Mexico

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The debit cards category was the prime driver of growth during the review period recording a CAGR of 13.58% between 2008 and 2012. The highest transaction value during the review period was also reported in the debit cards category, with MXN2.6 trillion (US$213.2 billion) in 2012. In the credit card category, the overall transaction value in 2012 was only MXN471.1 billion (US$38.0 billion). – PowerPoint PPT presentation

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Title: Emerging Opportunities in Cards and Payments Industry Mexico


1
  • RnR Market Research Offers Emerging
    Opportunities in Mexicos Cards and Payments
    Industry Market Size, Trends and Drivers,
    Strategies, Products and Competitive Landscape
    Report at US4495 (Single User License). The
    report got published in Nov 2012 and contains 103
    Pages.
  •  
  • Synopsis
  • The report provides market analysis, information
    and insights into Mexicos cards and payments
    market, includingCurrent and forecast values
    for each segment of Mexicos cards and payment
    market including debit cards, credit cards,
    prepaid cards and charge cardsComprehensive
    analysis of the industrys market attractiveness
    and future growth areasAnalysis of various
    market drivers and regulations governing Mexicos
    cards and payment market
  • Get your copy of this report _at_ http//www.rnrmarke
    tresearch.com/emerging-opportunities-in-mexicos-ca
    rds-and-payments-industry-market-size-trends-and-d
    rivers-strategies-products-and-competitive-landsca
    pe-market-report.html

2
  • Detailed analysis of the marketing strategies
    adopted for selling prepaid cards used by various
    bankers and other institutions in the
    marketComprehensive analysis of consumer
    attitudes and their buying preferences for
    cardsCompetitive landscape of Mexicos cards and
    payments market
  • SummaryThe debit cards category was the prime
    driver of growth during the review period
    recording a CAGR of 13.58 between 2008 and 2012.
    The highest transaction value during the review
    period was also reported in the debit cards
    category, with MXN2.6 trillion (US213.2 billion)
    in 2012. In the credit card category, the overall
    transaction value in 2012 was only MXN471.1
    billion (US38.0 billion). Domestic service
    provider Carnet is expected to transform the
    cards market in Mexico during the forecast
    period. Carnet is issued by Prosa, the company
    formed by top Mexican banks HSBC Mexico, Grupo
    Financiero Banorte SAB, Banco Invex, Grupo
    Financiero Santander SAB, Grupo Scotiabank and
    Banjercito. These banks are expected to promote
    Carnet cards as an alternative to foreign scheme
    providers such as Visa and Prepaid, which are
    more costly in terms of processing. The expansion
    of Prosas ATM network is expected to facilitate
    their wider use and issuance within Mexico.

3
  • Key HighlightsThe debit cards category was the
    prime driver of growth during the review period
    recording a CAGR of 13.58 between 2008 and
    2012.Domestic service provider Carnet is
    expected to transform the cards market in Mexico
    during the forecast period.The expansion of
    Prosas ATM network is expected to facilitate
    their wider use and issuance of Carnet cards
    within Mexico.The prepaid cards category
    exhibits the strongest growth prospects over the
    forecast period. It is expected to grow at a CAGR
    of 12.09 over the forecast period, driven by
    government payroll cards, government welfare or
    benefit cards, prepaid travel and transport
    cards, and prepaid gift cards.Mexican banks
    employ low pricing to promote prepaid card
    products. Most banks charge no annual or card
    replacement fees, and do not charge for balance
    inquiries and cash withdrawals at parent-bank
    ATMs. Fees are typically only charged for
    overseas use of cards.

4
  • Reasons To BuyMake strategic business decisions
    using historic and forecast market data related
    to Mexicos cards and payments market and each
    market within itUnderstand the key market trends
    and growth opportunities within Mexicos cards
    and payments marketAssess the competitive
    dynamics in Mexicos cards and payments
    marketGain insights into the marketing
    strategies used for selling various types of
    cards in MexicoGain insights into key
    regulations governing Mexicos cards and payment
    market
  • For more details contact
  • Mr. Priyank Tiwari sales_at_rnrmarketresearch.com
    / 18883915441
  • Website http//www.rnrmarketresearch.com/
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