openPR Logo
Press release

Merchant - Paid Rewards Market: Promising Growth Opportunities & Forecast

05-25-2018 09:24 PM CET | IT, New Media & Software

Press release from: Transparency Market Research

Merchant - Paid Rewards Market: Promising Growth Opportunities

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 PDF Sample of This Report @ https://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.

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.

View Our Report @ https://www.transparencymarketresearch.com/merchant-paid-rewards-market.html

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

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Research Blog: http://www.techyounme.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: Promising Growth Opportunities & Forecast here

News-ID: 1062868 • Views: 529

More Releases from Transparency Market Research

Diamond Substrate Market To Reach Valuation Of US$ 282.38 Mn By 2031 | TMR
Transparency Market Research delivers key insights on the global diamond substrate market. In terms of revenue, the global diamond substrate market is estimated to expand at a CAGR of 12.9% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecast in its report on the global diamond substrate market. The global diamond substrate market is broadly affected by several factors, including rise in demand for
Avalanche Airbags Market is Projected to Reach US$ 134.4 Mn by 2031
Transparency Market Research delivers key insights on the global avalanche airbags market. In terms of revenue, the global avalanche airbags market is expected to expand at a CAGR of 5.3% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global avalanche airbags market. The global avalanche airbags market is broadly affected by several factors - increasing interest in outdoor
Plastic Recycling Machine Market to Expand at a Healthy CAGR Of 5.4% from 2021 t …
Transparency Market Research delivers key insights on the global plastic recycling machine market. In terms of revenue, the global plastic recycling machine market is estimated to expand at a CAGR of 5.4% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global plastic recycling machine market. The global plastic recycling machine market is broadly affected by several factors –
Autoclaved Aerated Concrete (AAC) Market Analysis & Trends 2027
Albany, NY - The drive for green construction materials is a key driver for the growing popularity of autoclave aerated concrete (AAC) products. They have been used widely in floors, walls, and roofs, and an array of products have gained traction over the years, underpinned mainly by the structural and design flexibility AAC offers. Read Report - https://www.transparencymarketresearch.com/autoclaved-aerated-concrete-market.html Material and Performance Characteristics Makes Autoclaved Aerated Concrete (AAC) Material of Choice The growing shipping of AAC

All 5 Releases


More Releases for TMR

TMR Research
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
TMR
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3158 Monolithic ceramics are
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
TMR - Electrical Submersible Pumps Market by 2022
A large number of prominent enterprises with strong brands currently represent the majority in the global electrical submersible pumps (ESPs) market. This provides the market with a highly competitive vendor landscape. According to Transparency Market Research (TMR), the top four companies operating in the market, comprising Schlumberger Limited, Borets Company, LLC, Baker Hughes Incorporated, and GE Oil & Gas, held over 86% of the global ESP market in 2013. In
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the