Most up-to-date research on "Payments - US - October 2014" to its huge collection of research reports.
Albany, NY -- (SBWIRE) -- 10/20/2014 -- The payments world is rapidly changing as technology designed to make paying for merchandise easier is introduced every day. However, the challenge to the industry remains the same as it has always been: are consumers really looking to buy what the payments industry is trying to sell?
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Table of Content
Scope and Themes
What you need to know
Consumer survey data
Direct marketing creative
Abbreviations and terms
Figure 1: Distribution of non-cash payments, 2003, 2006, 2009, 2012
Figure 2: US total debt, Q2 2012-Q2 2014
Figure 3: Total US credit and debit card transaction volume, 2012-13
Prepaid cards most prevalent among Blacks and Hispanics
Figure 4: Type of cards owned, by race/Hispanic ethnicity, July 2014
Convenience is key
Figure 5: Convenience of payment method, by age, July 2014
Interest in mobile apps is limited
Figure 6: Interest in mobile payment apps, July 2014
Credit cards still have a place
Figure 7: Any agreement with attitudes toward payment activity, July 2014
What we think
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Issues and Insights
Can banks compete in the mobile payment space?
What is holding mobile payments back?
Trend: Access All Areas
Trend: Life Hacking
The economy is strengthening, maybe
Figure 8: US total debt, Q2 2012-Q2 2014
Smartphone growth is slow but steady
Figure 9: US mobile phone sales and forecast, 2008-18
Tablet growth is strong, but slowing
Figure 10: US tablet unit sales, 2010-13
Prepaid card regulation is on the table
EMV is coming
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