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Payments Landscape in Sweden: Opportunities and Risks to 2022 | Swedbank, SEB, Nordea, Svenska Handelsbanken, ICA Banken, Ikano Bank, Visa, Mastercard, American Express, Diners Club

02-14-2019 01:32 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsWeb

Payments Landscape in Sweden Market

Payments Landscape in Sweden Market

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

Top Key Players:

Swedbank, SEB, Nordea, Svenska Handelsbanken, ICA Banken, Ikano Bank, Visa, Mastercard, American Express, Diners Club.

Get Sample Copy of this Report at @ www.reportsweb.com/inquiry&RW00012414159/sample

This report provides top-level market analysis, information and insights into the Swedish cards and payments industry, including -

- Current and forecast values for each market in the Swedish cards and payments industry, including debit, credit, and charge cards.

- E-commerce market analysis.

- Analysis of various market drivers and regulations governing the Swedish cards and payments industry.

- Detailed analysis of strategies adopted by banks and other institutions to market debit, credit, and charge cards.

Scope

- Digital banks also made inroads into Sweden during the review period. German mobile-only bank N26 launched operations in the country in November 2018. The bank offers a free standard account for individual customers and the N26 business account in Sweden, which comes with a free Mastercard debit card and cashback of 0.1%. The bank has plans to launch its premium N26 Black and N26 Metal cards in Sweden.

- To benefit from the growing preference for alternative payments, banks and payment service providers are launching new payment services. In November 2018 Google launched its mobile payment solution Google Pay in Sweden. The solution allows users to make in-store, online, and in-app payments. In November 2017 Klarna partnered with Nordic-based PSP Nets to provide its customers with a pay-later solution in physical stores throughout the Nordic region - previously Klarna was available only for online purchases. It entered the P2P payment space in August 2017 with the launch of Wavy, for users in 31 European countries. In the same year, Samsung Pay and Apple Pay were also launched in the country.

- The Swedish payments market has seen consolidation, with a series of sales and acquisitions during the review period. To offer integrated and omnichannel solutions, Ingenico purchased acquirer and payment service provider Bambora in November 2017. Earlier in May 2017 Swedbank acquired PayEx, a Swedish payment service provider operating in the Nordic region. Similarly, in June 2015, payment service provider Nets acquired Nordea's merchant acquiring business in the Nordic and Baltic regions. Recently in May 2018, PayPal acquired iZettle for $2.2bn. The move strengthens PayPal's in-store presence across Europe, including Sweden, and is expected to boost further developments in the payments market.

Get discount on Purchase report @ www.reportsweb.com/inquiry&RW00012414159/discount

Reasons to buy

- Make strategic business decisions, using top-level historic and forecast market data, related to the Swedish cards and payments industry and each market within it.

- Understand the key market trends and growth opportunities in the Swedish cards and payments industry.

- Assess the competitive dynamics in the Swedish cards and payments industry.

- Gain insights into marketing strategies used for various card types in Sweden.

- Gain insights into key regulations governing the Swedish cards and payments industry.

Table of Contents:

Market Overview

Executive Summary

Card-based Payments

Merchant Acquiring

E-commerce Payments

Mobile Proximity Payments

P2P Payments

Bill Payments

Alternative Payments

Payment Innovations

Payments Infrastructure & Regulation

Appendix

Purchase a Copy of Report at www.reportsweb.com/buy&RW00012414159/buy/2750

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The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.

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