Title: Key Trends in Consumer Payments2016
12016 Key Trends in Consumer Payments
(Type, Mode of action, Crop Type and Geography) -
Size, Share, Global Trends, Company Profiles,
Demand, Insights, Analysis, Research, Report,
Opportunities, Segmentation and Forecast, 2013 -
2020
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Published on Oct 2014
2 Report Overview
- Summary
- The increased levels of innovation and
interconnectivity in banking and payments have
resulted in an ever-expanding range of
transactional possibilities, and are notably
triggering a rewiring of the entire commerce
experience. Several trends will drive
developments in consumer payments in 2016,
including increased competition in the mobile
wallets space, the rise of social commerce, and
the issuance of more explicit rules and
guidelines for online and mobile payment
security. Payment providers will have to react by
enhancing their propositions, keeping abreast of
new standards, and exploring the opportunities
social commerce presents. - Synopsis
- 2016 Key Trends in Consumer Payments informs key
stakeholders across the payments ecosystem of the
main developments emerging across the industry
and how best to respond to these changes.
Specifically the report examines developments
across a number of areas from regulation, to
product and service trends, and infrastructure
development. It crucially draws on our 2015
Consumer Payments Insight Survey to provide
fact-led insight, and reviews key developments
tracked in our Consumer Payments Competitor
Tracker. - Read More _at_ http//www.researchbeam.com/2016-key-
trends-in-consumer-payments-market
3 Report Overview
- Reasons To Buy
- - Identify the most important trends that will
affect consumer payments in 2016. - - Assess the impact of competitive, consumer, and
technological developments on the consumer
payments industry. - -Consider what actions need to be undertaken to
exploit these trends and stay ahead of
competitors. - Key Findings
- - Strong emphasis will be placed on positioning
mobile wallets as a mainstream alternative to
cash and cards, with building merchant acceptance
levels a top priority in the near term.
Registration incentives, and usage rewards will
be commonly used tactics to drive consumer uptake
within the space. - - Regulators and industry standard-setting bodies
will issue more explicit rules and guidelines for
online and mobile payment security. The sharing
of cyber security threat data between the
government and businesses will form a crucial
part of fraud prevention strategies going
forward. - -Social media commerce will evolve from a concept
to a reality over the next few years. 2016 will
be a critical turning point for the space as it
goes through the 'proof-of-concept' stage. - Enquire At - http//www.researchbeam.com/2016-key
-trends-in-consumer-payments-market/enquire-about-
report
4 Table of Content
- Table Of Contents
- 2016 Key Trends in Summary
- Critical Success Factors
- 2016 Key Trends in Detail
- Appendix
- Enquire At - http//www.researchbeam.com/2016-key
-trends-in-consumer-payments-market/enquire-about-
report
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