Dallas, Texas (PRWEB) January 14, 2013
Polish consumers have gained confidence in the use of cards for payments and they are willing to use them in retail and service outlets. In 2012 the volume and value of cashless payments showed impressive double-digit growth. The positive tendency was observed in debit cards, where the value of transactions increased significantly faster than the number of cards in circulation. In the case of credit cards, despite a decrease in the number of cards in circulation, their value of transactions.
In 2012 the number of financial cards in circulation continued to increase in France. Using financial cards for payments is becoming significant amongst French consumers. This payment method is increasingly preferred over cash and cheques, in part because it is more convenient, but also because the banks actively push their card products, offering rewards to customers for making card payments. Issuing banks are also active in launching new products to attract consumers’ interest.
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Signs of post-crisis recovery are not yet clearly visible in Hungary. Consumer consumption has been stagnating during the last two quarters and declined in H2 2012. Indeed, purchasing rates hit an all-time low in the first quarter of 2012 with the result that the retail recovery has been delayed. Real household wages declined slightly during the first quarter of 2012 and the last quarter of 2011 despite some improvements in the output of industrial players, mainly due to rising export orders.
Financial Cards and Payments in Poland, France & Hungary report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Financial Cards in Circulation, Transactions and data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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- Get a detailed picture of the Financial Cards and Payments 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.
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