Payments Industry: 2013 Consumer Finance Market Trends, Developments and Prospects Reviewed in New Research Reports at ReportsnReports.com

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“Payment Markets to Watch in 2013” and “Consumer Payments 2013: Trends, Developments and Prospects” are the latest market research reports added to ReportsnReports.com library.

Product Coverage of these research reports include Consumer Lending, Financial Cards and Payments

These payments industry research reports are global briefings that offer insight into the size and shape of the Consumer Finance market, highlight buzz topics, emerging geographies, categories and trends, as well as pressing industry issues and white spaces. These studies identify the leading companies and offer strategic analysis of key factors influencing the market. Forecasts provide an invaluable perspective on market evolution and the criteria for success. The reports leverage 360-degree coverage by Euromonitor International on the global payments’ landscape including insight on consumer debt.

The report “Payment Markets to Watch in 2013” helps examine the payment markets to watch in 2013 and beyond in terms of the fastest growing countries for card payments, cards in circulation and certain payment types, as well as general shifts in consumer payment preferences and the rise of m-commerce in certain markets. Whereas the report “Consumer Payments 2013: Trends, Developments and Prospects” says the developed world has the largest card payment markets globally, but growth is slowing, while cards are beginning to take off in emerging markets. Emerging markets have outpaced developed markets in absolute volume of card payments (excluding commercial) as the unbanked enter the financial mainstream and the newly banked increase their card usage. Drivers such as a high youth population and an expanding middle class in some emerging markets will help to spur card usage moving forward.

Product coverage in these research reports include: Consumer Lending, Financial Cards and Payments.

Data coverage of this payments industry reports include: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Reasons to buy (http://www.reportsnreports.com/Purchase.aspx?name=214474 and http://www.reportsnreports.com/Purchase.aspx?name=214420) one or both of these reports:

  • Get a detailed picture of the Consumer Finance market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Another report that focuses on the Latino market of the U.S. consumer payments industry, says while Latinos represent a bright spot for credit and debit cards, they are the only source of light for prepaid cards. Between 2011 and 2012, Latinos drove all of the growth in prepaid card use. This research further reveals that almost 5 million Latinos used a prepaid debit card in the last 12-15 months, accounting for 15% of all consumers using these cards.

Going forward, the convenience and safety factors will contribute to continuing strong growth in Latino use of prepaid cards. Projections are that by 2017 the percentage of Latinos using prepaid cards will increase to 16% and that the number of Latinos depending on prepaid cards will exceed 6 million.

Explore more reports on the Banking and Financial Services Market @ http://www.reportsnreports.com/market-research/banking-services/.

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