Belgium : Payments Landscape Market Opportunities and Risks to 2022 including key players like BNP Paribas Fortis, Belfius Bank, KBC Bank, ING Belgium, Beobank, AXA Bank, bpost, Bancontact,Visa,Mastercard, American Express

"Payments Landscape in Belgium: Opportunities and Risks to 2022", report provides detailed analysis of market trends in the Belgian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debits, and cheques during the review-period (2014-18e).

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 (2018e-22f). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.

Request for sample report@ https://www.premiummarketinsights.com/sample/GD00006883

Companies Covered in this Report are:

BNP Paribas Fortis
Belfius Bank
KBC Bank
ING Belgium
Beobank
Credit Mutuel
AXA Bank
bpost
Bancontact
Visa
Mastercard
American Express

The report brings together Publisher's research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies and recent changes in regulatory structure.

This report provides top-level market analysis, information and insights into the Belgian cards and payments industry, including-
-Current and forecast values for each market in the Belgian cards and payments industry, including debit and pay-later cards.
-Detailed insights into payment instruments including cash, cards, credit transfers, direct debits, and cheques. 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 the Belgian cards and payments industry.
-Detailed analysis of strategies adopted by banks and other institutions to market debit and pay-later cards.

Scope

-To offer instant payment services in Belgium, the Centre for Exchange and Clearing signed an agreement with payment system operator Systèmes Technologiques d'Échange et de Traitement in July 2017. The service will operate on a 24/7 basis, enabling users to make fund transfers within seconds. From the beginning of 2019, the banks that will start processing instant payments are Argenta, Kremer Bank, Bank J. Van Breda & Co., Bank Nagelmackers, Belfius Bank, BNP Paribas Fortis, CBC Bank, CPH Banque, Crelan, Europabank, Fintro, Hello bank!, ING Belgium, KBC Bank, and vdk Bank.
-To promote competition in the card payment processing space, in January 2018 the European Commission issued new rules that allow merchants to select suitable processors for their card transactions. The new directives also seek to boost the independence of payment card schemes and processing entities. Effective from February 7, 2018 the new rules introduced detailed requirements pertaining to the separation of certain functions to ensure the independence of processing activities within card schemes. Payment card schemes have to limit information exchange besides maintaining separate profit and loss accounts, a separate corporate organization (workspaces, management, and staff), and separate decision-making. The partition of functions will allow merchants to select the most suitable processor for their card transactions. The commission stated that the rules are aimed at preventing card schemes from favoring their own processing entities over competitors. It also stopped schemes from clubbing processing services with other services.
-To encourage point of sale (POS) terminal installation and card acceptance among Belgian SMEs, sole traders, and self-employed individuals, in January 2018 the government introduced a new tax relief measure for merchants and small businesses that purchase a POS terminal between January 2018 and December 2019. Any small business or sole trader registered in Belgium can claim back 20% of the purchase costs by declaring the investment in their annual tax return.

Reasons to buy

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

Purchase this report@ https://www.premiummarketinsights.com/buy/GD00006883

Table of Contents

1. Market Overview
2. Executive Summary
3. Card-based Payments
4. Merchant Acquiring
5. E-commerce Payments
6. Mobile Proximity Payments
7. P2P Payments
8. Bill Payments
9. Alternative Payments
10. Payment Innovations
11. Payments Infrastructure & Regulation
12. Appendix

About us:

Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.

We provide best in classcustomer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider. We also offer enterprise subscriptions which provide significant cost savings to our clients.

Contact us:
Premium Market Insights,
Contact Person: Sameer Joshi
Email: sales@premiummarketinsights.com

This release was published on openPR.