Market Research Store

New Zealand's Cards and Payments Market by 2018: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape

New Zealand's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape report published by Market Research Store

 

Deerfield Beach, FL -- (SBWIRE) -- 08/04/2015 -- Synopsis

The report provides top-level market analysis, information and insights on New Zealand's cards and payments industry, including:

Current and forecast values for each category of New Zealand's cards and payments industry, including debit cards, credit cards, charge cards and prepaid cards

Comprehensive analysis of the industry's market attractiveness and future growth areas

Analysis of various market drivers and regulations governing New Zealand's cards and payments industry

Detailed analysis of the marketing strategies adopted for selling debit, credit, charge and prepaid cards used by banks and other institutions in the market

Comprehensive analysis of consumer attitudes and buying preferences for cards

The competitive landscape of New Zealand's cards and payments industry

Access full report at http://www.marketresearchstore.com/report/new-zealands-cards-and-payments-industry-emerging-opportunities-23078

Executive summary

The New Zealand card payments channel registered positive growth during the review period (2009–2013), recording a compound annual growth rate (CAGR) of 4.71% to reach 15.0 million cards in circulation by the end of 2013. In terms of transaction value, the card payments channel valued NZD86.3 billion (US$70.9 billion) in 2013, after registering a CAGR of 2.81% during the review period. Improved banking infrastructure and the increasing acceptance of card-based payments in merchant outlets were key factors for the growth of the card payments channel.

In terms of transaction value, debit cards accounted for the highest share during review period with 66.5% in 2013, and are expected to maintain this over the forecast period. The category is expected to grow at a forecast-period CAGR of 1.05% from NZD58.3 billion in 2014 to NZD60.8 billion in 2018. The second-highest share in terms of transaction value was held by credit cards with 27.7%, followed by charge cards with 5.5% and prepaid cards with 0.3%.

The number point of sale (POS) terminals in New Zealand recorded a review-period CAGR of 0.99%, and is expected to post a forecast-period CAGR of 3.12%. Transaction volumes and values for credit, debit and charge cards are growing more at POS terminals than at automatic teller machines (ATMs), indicating the rising adoption of electronic payments in New Zealand.

Card fraud in New Zealand increased at a review-period CAGR of 7.05%. The card-not-present fraud value posted the highest growth rate of 16.05% during the review period. Card ID theft value also increased during review period, while counterfeit card, and card lost or stolen fraud values fell.

Download sample report at
http://www.marketresearchstore.com/report/new-zealands-cards-and-payments-industry-emerging-opportunities-23078#requestSample

Scope

This report provides a comprehensive analysis of New Zealand's cards and payments industry.
It provides current values for New Zealand's cards and payments industry for 2013, and forecast figures for 2018.
It details the different economic, infrastructural and business drivers affecting New Zealand's cards and payments industry.
It outlines the current regulatory framework in the industry.
It details the marketing strategies used by various banks and other institutions.
It profiles the major banks in New Zealand's cards and payments industry.

Key highlights

- The New Zealand card payments channel registered positive growth during the review period (2009–2013), recording a compound annual growth rate (CAGR) of 4.71% to reach 15.0 million cards in circulation by the end of 2013. In terms of transaction value, the card payments channel valued NZD86.3 billion (US$70.9 billion) in 2013, after registering a CAGR of 2.81% during the review period. Improved banking infrastructure and the increasing acceptance of card-based payments in merchant outlets were key factors for the growth of the card payments channel.

- In terms of transaction value, debit cards accounted for the highest share during review period with 66.5% in 2013, and are expected to maintain this over the forecast period. The category is expected to grow at a forecast-period CAGR of 1.05% from NZD58.3 billion in 2014 to NZD60.8 billion in 2018. The second-highest share in terms of transaction value was held by credit cards with 27.7%, followed by charge cards with 5.5% and prepaid cards with 0.3%.

- The number point of sale (POS) terminals in New Zealand recorded a review-period CAGR of 0.99%, and is expected to post a forecast-period CAGR of 3.12%. Transaction volumes and values for credit, debit and charge cards are growing more at POS terminals than at automatic teller machines (ATMs), indicating the rising adoption of electronic payments in New Zealand.

- Card fraud in New Zealand increased at a review-period CAGR of 7.05%. The card-not-present fraud value posted the highest growth rate of 16.05% during the review period. Card ID theft value also increased during review period, while counterfeit card, and card lost or stolen fraud values fell.

Contact Us:
Joel John
Tel: 386-310-3803
Email: sales@marketresearchstore.com
Website: http://www.marketresearchstore.com/