openPR Logo
Press release

Merchant - Paid Rewards Market - Industry Analysis, Growth And Forecast by 2018

09-22-2016 05:57 PM CET | IT, New Media & Software

Press release from: TMR - RR

The merchant-paid rewards market is expected to rise considerably as more and more consumers shift towards using debit cards instead of credit cards. The research report on the merchant-paid rewards market shines light on factors that will influence this market in the years to come. Our analysts study factors that are compelling consumers to choose debit cards more extensively, and the opportunities that will emerge in the merchant-paid rewards market from this shift. Findings of the report indicate that the market for merchant-paid rewards will rise in the years to come.

Our analysts explore each segment within the merchant-paid rewards market in great detail, offering insight into untapped opportunities. This report is a useful resource for marketing professionals, consumer research departments of leading organizations, and for retail chains, among others.

Get FREE Sample PDF file of Merchant - Paid Rewards Market :
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=742

The report maps recent developments in the merchant-paid rewards market, and outlines the scope for future expansion and growth. It also offers recommendations that will support the growth and expansion of both new and existing entrants in the merchant-paid rewards market. This research report relies on proven primary and secondary research methodologies, and gleans through multiple industry databases to emerge with the most pertinent data.

Overview of the merchant-paid rewards market
The number of debit card users has witnessed a surge in recent years, as consumers try to rein in their usage of credit cards to manage their finances better. Many consumers report that they tend to spend extra under the ‘buy now, pay later’ concept. On the other hand, using debit cards allows users to keep track of their expenses and the balance in their accounts. This consciousness on the part of consumers has led to the proliferation of merchant-paid reward programs. Merchant-paid rewards comprise schemes and programs that persuade consumers to swipe their debit cards (rather than credit cards) with the lure of discounts, freebies, and cash-back options.

The success of merchant-paid rewards programs has led many users switching to debit cards – a change that has proven beneficial to banks as well as consumers themselves. For banks, it helps bring down the cost of transacting, helps create greater revenue, fosters customer loyalty, and brings down reliance on interchange fees. Consumers benefit via free reward points and other freebies offered to them when they use debit cards.

However, merchant-paid rewards programs may boomerang if they are not executed properly. In many cases, they may prove ineffective and lead to the entire program folding. Currently, the competition for gaining a greater share of consumers’ wallet is fierce. A number of firms have already taken cognizance of the opportunities offered by the merchant-paid rewards market, and have made a foray into this sector. Thus, creating innovative cash-back programs and value schemes could be a way to navigate through this increasingly complex market.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us :-
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Merchant - Paid Rewards Market - Industry Analysis, Growth And Forecast by 2018 here

News-ID: 365140 • Views:

More Releases from TMR - RR

Carrier Ethernet Equipment Market - Global Industry Analysis, Trends, and Foreca …
The most prominent trend in the Carrier Ethernet equipment market is Carrier Ethernet’s expansion in more than one respect. Firstly, it is expanding beyond the network of metros. Ethernet services are now available to national and global networks alike, which means that they are spanning across multiple server networks. The scenario depicts high adoption rates of Carrier Ethernet services, which in turn fuels competitiveness among operators ultimately resulting in product
Paper Thin Display (PTD) Market - Global Industry Analysis, Growth and Forecast …
Paper thin display (PTD) is a new generation ultra-thin display with a thickness smaller than 1.5 mm which is similar to a standard sheet of paper. These displays can be used for non-flat surface devices and can be easily wrapped on any electronic device. PTD finds a wide range of applications in electronic devices, signage used for advertising, and automotive display. The PTDs market has observed a significant growth in the

More Releases for Transparency

Transparency Market Research
A belt drive is a type of power transmission device which is a looped belt wound around a pair of pulley so as to transmit power between two or more rotating shafts. Compared to other power transmitting devices, belt drives are more preferred in mechanical industry due to easy installation, numerous speed ratio selections, less power loss and comparative low price. Belt drive protects the rotating machinery from overload fluctuations
Transparency Market Research
An ultrasonic motor is an electric motor which is driven by the ultrasonic vibration of a component. The stator of the motor is supported by piezoelectric components in ultrasonic frequency range which produces different types of vibrations depending on its arrangement. In other words, ultrasonic motor is a type of electric motor that transforms ultrasonic physical vibrations to linear motion, produced by a piezo-transducer. Ultrasonic motors therefore do not use
Transparency Market Research
The global Li-Fi market is expected to exhibit growth at a robust pace between 2016 and 2023. Massive bandwidth owing to the growing RF spectrum crunch, together with a high degree of security and energy efficiency are expected to bolster the global Li-Fi market. While the features offered by Li-Fi and visible light communications (VLC) are quite similar, unlike the latter, Li-Fi does not require line-of-sight between receiver and transmitter. The
Transparency Market Research
A new research report published by Transparency Market Research states that the global dental bone graft substitutes and other biomaterials market is expected to grow due to the continuous rise in periodontal (gum) diseases along with growing incidence of dental fractures. The report, titled “Dental Bone Graft Substitutes and other Biomaterials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, is available for sale on
eProcurement: Instant Transparency
ifm Achieves Better Prices in Indirect Procurement with JAGGAER solution Vienna | Research Triangle, NC, USA | Essen, August ​09​, 2017 – ifm, the specialist for sensors in automation technology, has said goodbye to manual processing in indirect procurement once and for all. With the eProcurement digital procurement tool from JAGGAER, provider of the world’s most comprehensive Source to Pay (S2P) indirect and direct solution suite, more than 6000 employees
More transparency in Engineering IT
CPO certification helps evaluate openness of IT systems Digitalization is making openness in the linking of IT solutions increasingly important. The Code of PLM Openness (CPO), developed by the ProSTEP iViP Association, supplies a concrete approach for achieving precisely that. Fraunhofer IAO has now developed an effective certification for companies, which helps them comply with the CPO criteria. Industrie 4.0 requires intensified collaboration between various tools and systems. Only when