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Payments Landscape in Luxembourg Market Opportunities and Risks to 2021 Analysis By Key Players BCEE, BIL, BNP Paribas, Banque de Luxembourg, Visa, Mastercard, PayPal, Digicash, Seqr, Circle, paysafecard

05-08-2018 07:35 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orbis Research

Payments Landscape in Luxembourg Market Opportunities

Orbisresearch.com has announced the addition of Payments Landscape in Luxembourg Research Report. The report focuses on global major leading industry players with information such as company profiles, product picture and specification.

Payments Landscape in Luxembourg report provides detailed analysis of market trends in Luxembourg's cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, payment cards, credit transfers, direct debit, and cheques during the review-Forecast period 2013-2017.

Key Leading Companies Mentioned:
BCEE, BIL, BNP Paribas, Banque de Luxembourg, Visa, Mastercard, PayPal, Digicash, Seqr, Circle, paysafecard

Get Sample Copy Of This Report at http://orbisresearch.com/contacts/request-sample/2118850

The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2017-21f). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes.

The report brings together GlobalData’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers details of regulatory policy and recent changes in the regulatory structure.

This report provides top-level market analysis, information and insights into Luxembourg's cards and payments industry, including -
- Current and forecast values for each market in Luxembourg's cards and payments industry, including debit and credit cards.
- Detailed insights into payment instruments including cash, payment cards, credit transfers, cheques, and direct debit. It also, includes an overview of the country's key alternative payment instruments.
- E-commerce market analysis.
- Analysis of various market drivers and regulations governing Luxembourg's cards and payments industry.
- Detailed analysis of strategies adopted by banks and other institutions to market debit, and credit cards.

Scope

- The advent of mobile-only banks is likely to further accelerate the shift towards electronic payments in Luxembourg. Germany-based mobile-only bank N26 launched operations in the country in November 2017. Account holders are offered a Mastercard-branded debit card that can be used to make payments in stores and online. Similarly, Finland-based mobile-only bank FerratumBank offers banking services in several European countries including Luxembourg. The bank offers a current account, an overdraft facility, and a Mastercard-branded contactless debit card.
- Payment service providers are launching innovative solutions to offer convenient payments. In August 2017 PayPal partnered with Skype to allow users to send and receive money via the Skype app. The service was launched in over 20 countries, including Luxembourg. In July 2016, Swedish company Seamless launched its mobile payment solution Seqr. The app allows users to transfer money among friends and family members just by using the recipient’s mobile number, and also supports NFC-based payments at merchant stores.
- To accelerate the acceptance of payment cards, payment solution providers are increasingly focusing on improving payment infrastructure. For instance, in 2017 SumUp, a Germany-based POS provider, launched its mPOS solution in Luxembourg, allowing merchants to accept payments using their mobile phones. Merchants are increasingly installing POS terminals with contactless functionality at their outlets. According to Visa Europe, there were 7,000 POS terminals with contactless functionality accepting Visa cards in Luxembourg as of February 2018.

Reasons to buy

- Make strategic business decisions, using top-level historic and forecast market data, related to Luxembourg's cards and payments industry and each market within it.
- Understand the key market trends and growth opportunities in Luxembourg's cards and payments industry.
- Assess the competitive dynamics in Luxembourg's cards and payments industry.
- Gain insights into marketing strategies used for various card types in Luxembourg.
- Gain insights into key regulations governing Luxembourg's cards and payments industry.

Enquire before Buying at http://orbisresearch.com/contacts/enquiry-before-buying/2118850

Customization of the Report
The report could be customized according to the client’s specific research requirements.

About Us:

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Information:

Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +9164101019
Email: sales@orbisresearch.com

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