The Cards and Payments Industry in Belgium: Emerging Trends and Opportunities to 2020

Timetrics 'The Cards and Payments Industry in Belgium: Emerging Trends and Opportunities to 2020' 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 transactions, credit transfers, direct debits, check payments and payment cards during the review period (20112015).

The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, and transaction values and volumes during the review period and over the forecast period (20162020). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes.

The report brings together Timetrics 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.

Summary
Timetrics 'The Cards and Payments Industry in Belgium: Emerging Trends and Opportunities to 2020' 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 credit cards.

Detailed insights into payment instruments including cash transactions, credit transfers, direct debits, check payments and payment cards. 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 credit cards.

Comprehensive analysis of consumer attitudes and buying preferences for cards.

The competitive landscape in the Belgian cards and payments industry.

Scope
This report provides a comprehensive analysis of the Belgian cards and payments industry.

It provides current values for the Belgian cards and payments industry for 2015, and forecast figures to 2020.

It details the different demographic, economic, infrastructural and business drivers affecting the Belgian cards and payments industry.

It outlines the current regulatory framework in the industry.

It details marketing strategies used by various banks and other institutions.

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.

Download Sample Copy of This Report at: http://www.marketresearchreports.biz/sample/sample/901911

Key Highlights
The EU regulation on capping interchange fees for credit and debit cards at 0.3% and 0.2% respectively was implemented in Belgium in 2015. While merchants benefitted from lower transaction costs, banks saw their revenues on payment cards decrease, thus affecting their profitability. With a reduction in revenue, card issuers are likely to cut card offerings and benefits for consumers, and instead look at new ways to generate revenue.

The emergence of mobile-only banks is likely to accelerate a shift towards electronic payments in Belgium. For instance, BNP Paribas launched a mobile-only bank named Hello Bank! in Belgium in 2013, allowing consumers to conduct banking transactions entirely on their mobile phones. Similarly, the France-based telecom provider Orange also plans to introduce its mobile-only bank Orange Bank in Belgium in 2017.

To promote electronic payments, ING Belgium and KBC Bank collaborated to launch a unified payment platform for mobile payments (m-payments) in July 2016. This platform combines ING Belgiums payment application Payconiq loyalty platform Qustomer and KBC Banks CityLife loyalty platform. Around one million customers and 2,600 retailers in Belgium are part of Qustomer, while 3,000 retailers are part of Payconiq. The collaboration of applications will create a unified mobile payments and loyalty platform.

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